Highest-materiality recent filing
Kartoon Studios amends bylaws to restrict stockholder rights, adopt indemnification agreements
Bylaw amendments eliminate stockholder ability to act by written consent; all actions must be at meetings.
Kartoon Studios receives $50M settlement from additional party in Augenbaum litigation
Corrected settlement amount is $50,000,000 (original 8-K erroneously reported $5,000,000).
Kartoon Studios receives $50M settlement in Augenbaum lawsuit; court approves
Settling Party agreed to pay $50,000,000 minus plaintiff's counsel fees and expenses.
Kartoon Studios receives $28.475M aggregate settlement from lawsuit defendants
Settlement in Augenbaum v. Anson Investments Master Fund LP et al., S.D.N.Y. Case No. 1:22-CV-00249-AS.
Kartoon Studios Q1 2026: distribution rev +15%, op loss narrows to $2.8M, sub engagement soars
Distribution revenue $2.3M (+15% YoY); Kartoon Channel and Ameba both reached record paid subscriber levels in Q1.
Kartoon Studios issues 2.55M shares to settle $1.46M in past due obligations
Issued 2,553,047 shares to Continuation Capital to settle $1,143,884 in debts plus $315,000 additional amount.
Kartoon Studios FY2025 revenue up 21% to $39.4M; operating loss narrows 24%
Revenue $39.4M (+21% YoY); production services revenue $26.8M (+50%).
CFO Parisi: 2-year term, base salary $375k (Y1) then $400k (Y2), 500k RSUs vesting over 3 years.
Kartoon Studios Q3 revenue $9.9M (+13% YoY); Mainframe rev up 45%; $7.3M financing
Q3 revenue $9.9M (+13% YoY); YTD revenue $29.7M (+28% YoY).
Kartoon Studios raises ~$7.3M in equity offering to fund new series and expansion
Gross proceeds of ~$7.3M from 3M shares, pre-funded warrants for 6.9M shares, and common warrants for 9.9M shares at $0.738/share.
Kartoon Studios to issue up to 3.15M shares to settle $1.8M debt with CCI
Settles $1,799,162.60 in liabilities by issuing up to 3,148,535 common shares at 1.75 shares per dollar.
Kartoon Studios Q2 revenue $10.3M (+23% YoY); operating loss narrows; streaming views surge 221%
Revenue $10.3M, up 23% YoY and 8% sequential; operating loss narrowed 31% YoY; G&A down 10% YoY.
Kartoon Studios Q1 revenue up 56% YoY to $9.5M; on track for profit by end of 2025
Revenue $9.5M, up 56% YoY; production services revenue up 138% YoY.
Kartoon Studios reports Q4 2024 revenue up 8.2% sequentially; operating loss improved 88% YoY
Q4 2024 revenue $9.4M (+8.2% seq, +7.0% YoY); full-year revenue $32.6M.
Kartoon Studios closes $4.5M public offering of common stock and warrants
Offered 4.375M shares, 3.52M pre-funded warrants, and 7.89M Series A and B warrants each at $0.57/unit.
Kartoon Studios Q3 revenue $8.7M; operating costs down 57% YoY, loss slashed 80%
Revenue of $8.7M for Q3 2024; sequential growth of 4% from Q2 2024; nine-month revenue $23.2M.
Revenue $8.4M in Q2 2024, up 38% from Q1 2024; net loss reduced 61% vs Q2 2023.
Winnie-the-Pooh animated holiday movie to premiere December 24, 2025 on Amazon Prime Video, followed by 5 specials and 104-episode series.
Kartoon Studios Q1 revenue $6.1M, targets profitability Q2 2025, streaming unit profitable
Q1 revenue $6.1M; no long-term debt; working capital $6.1M; stockholders' equity $46.5M.
Kartoon Studios closes initial $4M tranche of up to $7M registered direct offering
Initial closing of registered direct offering raised $4M gross proceeds from 3.9M shares at $1.00/share and 100K pre-funded warrants at $0.99.
Kartoon Studios raises up to $7M in direct offering at $1.00/share
Initial closing of $4M in common stock; up to $3M in additional closings within 180 days.
Kartoon Channel! streaming business profitable through first two months of 2024; record subscriber numbers in Jan and Feb.
Kartoon Studios withdraws reliance on 2022-2023 financials; restates due to $1.7M and $3.5M errors
Audit committee on 4/3/2024 determined prior 2022 and 2023 interim financials should not be relied upon.
Kartoon Studios Q4 revenue $8.8M; costs slashed 70% YoY; $3.5M annual savings identified
Q4 2023 revenue $8.8M; full year $44.1M; current assets $57.1M, working capital $11.5M.
Kartoon Channel! paid subscribers increased 19% in 2023; free trials more than doubled in Q4 2023 vs Q4 2022.
Kartoon Channel! hits EBITDA breakeven, paid subs +19% in 2023; new Llama Llama Kohl's promo
Kartoon Channel! paid subscribers grew 19% in 2023; free trials more than doubled in Q4 2023 vs Q4 2022.
Kartoon Studios increases authorized common shares from 40M to 190M
Stockholders approved raising authorized common shares from 40M to 190M at Nov 1 special meeting.
Kartoon Studios issues Series C Preferred dividend to secure vote on authorized share increase
One one-thousandth of Series C Preferred per common share; record date Oct 2, 2023.
Kartoon Studios issues 2.38M shares at $2.50 via warrant repricing, raises $6M gross
Existing warrants repriced from $23.70 to $2.50 per share.
Kartoon Studios (fka Genius Brands) raises ~$6M via warrant exercise; changes name
Company changed name to Kartoon Studios, Inc. effective June 23, 2023 via merger with wholly owned sub.
On March 5, 2025, Dr. Stefan Piëch, a member of the Board of Directors (the “Board”) of Kartoon Studios, Inc. (the “Company”), notified the Company of his decision to resign, effective as such date, from his position as a member of the Board.
On December 14, 2023, Michael Hirsh, a member of the Board of Directors (the “Board”) of Kartoon Studios, Inc. (the “Company”) resigned from the Board, effective December 14, 2023.
On September 27, 2023, Kartoon Studios, Inc. (the “Company”) appointed Brian Parisi, age 53, as the Chief Financial Officer of the Company, effective September 27, 2023.
Mr. Denton will remain with the Company as the Executive Vice President of Finance and Accounting.
Mr. Hallren’s decision to resign as a director was not due to any disagreements with the Company
on June 23, 2022, the board of directors appointed Michael Hirsh of Mainframe Studios and Stefan Piëch of Your Family Entertainment to serve as members of the board of directors.
On July 3, 2022, Michael Klein notified the Company of his decision to resign from the board of directors of the Company, effective immediately.
on June 23, 2022, the board of directors appointed Michael Hirsh of Mainframe Studios and Stefan Piëch of Your Family Entertainment to serve as members of the board of directors.
On June 23, 2022, the board of directors (the “Board”) of Genius Brands International, Inc. (the “Company”) increased the size of the Board to nine members and appointed Michael Hirsh and Stefan Piëch to serve as members of the Board, effective immediately.
On June 23, 2022, the board of directors (the “Board”) of Genius Brands International, Inc. (the “Company”) increased the size of the Board to nine members and appointed Michael Hirsh and Stefan Piëch to serve as members of the Board, effective immediately.
Karen McTier notified the Company of her decision to resign from the board of directors and move to an employment relationship with the company as a licensing consultant in consumer products, effective as of March 31, 2022.
It is anticipated that the Company will appoint Michael Hirsh, Chief Executive Officer and a member of the Wow board of directors prior to the transaction described herein, to the Company’s Board of Directors (the “Board”).
Max materiality 0.85 · Median 0.60 · Most common event other_material