Dolphin Reports Q1 2025 Results; Core Entertainment Publicity and Marketing Segment (EPM) Revenue Up 2% YoY to $12.1 Million, Strategic Investments and New Division Launch to Drive Long-Term Growth
Dolphin Entertainment (NASDAQ:DLPN) reported Q1 2025 financial results with core Entertainment Publicity and Marketing (EPM) revenue growing 2% YoY to $12.1 million. Total revenue was $12.2 million, down from $15.2 million in Q1 2024, primarily due to the absence of $3.4 million in Blue Angels production revenue from the previous year.
The company reported an operating loss of $1.8 million and a net loss of $2.3 million ($0.21 per share) for Q1 2025. Key strategic initiatives include investments in women's sports through Always Alpha, co-founded with Allyson Felix, and the launch of a new affiliate marketing division under The Digital Dept. Notably, Dolphin was named 2025 Agency of the Year by Observer's PR Power List.
CEO Bill O'Dowd demonstrated confidence in the company's future by implementing a 10b5-1 stock purchase plan in April 2025, following $100,000 in common stock purchases in 2H 2024.
Dolphin Entertainment (NASDAQ:DLPN) ha comunicato i risultati finanziari del primo trimestre 2025, con un aumento del 2% su base annua del fatturato principale nel settore Entertainment Publicity and Marketing (EPM), che ha raggiunto 12,1 milioni di dollari. Il fatturato totale è stato di 12,2 milioni di dollari, in calo rispetto ai 15,2 milioni di dollari del primo trimestre 2024, principalmente a causa dell'assenza dei 3,4 milioni di dollari di ricavi derivanti dalla produzione di Blue Angels dell'anno precedente.
L'azienda ha registrato una perdita operativa di 1,8 milioni di dollari e una perdita netta di 2,3 milioni di dollari (0,21 dollari per azione) nel primo trimestre 2025. Le iniziative strategiche chiave includono investimenti nello sport femminile tramite Always Alpha, co-fondata con Allyson Felix, e il lancio di una nuova divisione di marketing affiliato sotto The Digital Dept. Degno di nota è il riconoscimento di Dolphin come Agenzia dell'Anno 2025 dalla PR Power List di Observer.
Il CEO Bill O'Dowd ha mostrato fiducia nel futuro dell'azienda implementando un piano di acquisto azionario 10b5-1 nell'aprile 2025, dopo aver acquistato azioni ordinarie per 100.000 dollari nella seconda metà del 2024.
Dolphin Entertainment (NASDAQ:DLPN) reportó los resultados financieros del primer trimestre de 2025, con un crecimiento del 2% interanual en los ingresos principales de Entretenimiento, Publicidad y Marketing (EPM), alcanzando 12,1 millones de dólares. Los ingresos totales fueron de 12,2 millones de dólares, una disminución respecto a los 15,2 millones del primer trimestre de 2024, principalmente debido a la ausencia de 3,4 millones de dólares en ingresos por la producción de Blue Angels del año anterior.
La compañía reportó una pérdida operativa de 1,8 millones de dólares y una pérdida neta de 2,3 millones de dólares (0,21 dólares por acción) en el primer trimestre de 2025. Las iniciativas estratégicas clave incluyen inversiones en deportes femeninos a través de Always Alpha, cofundada con Allyson Felix, y el lanzamiento de una nueva división de marketing de afiliados bajo The Digital Dept. Cabe destacar que Dolphin fue nombrada Agencia del Año 2025 por la PR Power List de Observer.
El CEO Bill O'Dowd mostró confianza en el futuro de la compañía al implementar un plan de compra de acciones 10b5-1 en abril de 2025, tras adquirir acciones comunes por 100,000 dólares en la segunda mitad de 2024.
Dolphin Entertainment (NASDAQ:DLPN)은 2025년 1분기 재무 실적을 발표했으며, 핵심 엔터테인먼트 홍보 및 마케팅(EPM) 매출이 전년 대비 2% 증가한 1,210만 달러를 기록했습니다. 총 매출은 1,220만 달러로, 2024년 1분기의 1,520만 달러에서 감소했는데, 이는 전년도에 있었던 340만 달러 규모의 Blue Angels 제작 매출이 없었기 때문입니다.
회사는 2025년 1분기에 180만 달러의 영업 손실과 230만 달러의 순손실(주당 0.21달러)을 보고했습니다. 주요 전략적 이니셔티브로는 Allyson Felix와 공동 설립한 Always Alpha를 통한 여성 스포츠 투자와 The Digital Dept 산하의 새로운 제휴 마케팅 부서 출범이 포함됩니다. 특히 Dolphin은 Observer의 PR Power List에서 2025년 올해의 에이전시로 선정되었습니다.
CEO Bill O'Dowd는 2024년 하반기에 10만 달러 상당의 보통주를 매입한 데 이어 2025년 4월에 10b5-1 주식 매입 계획을 시행하며 회사의 미래에 대한 자신감을 보였습니다.
Dolphin Entertainment (NASDAQ:DLPN) a publié ses résultats financiers du premier trimestre 2025, avec une croissance de 2 % en glissement annuel des revenus principaux dans le secteur Entertainment Publicity and Marketing (EPM), atteignant 12,1 millions de dollars. Le chiffre d'affaires total s'est élevé à 12,2 millions de dollars, en baisse par rapport à 15,2 millions de dollars au premier trimestre 2024, principalement en raison de l'absence de 3,4 millions de dollars de revenus liés à la production Blue Angels de l'année précédente.
La société a enregistré une perte d'exploitation de 1,8 million de dollars et une perte nette de 2,3 millions de dollars (0,21 dollar par action) pour le premier trimestre 2025. Les initiatives stratégiques clés incluent des investissements dans le sport féminin via Always Alpha, cofondé avec Allyson Felix, ainsi que le lancement d'une nouvelle division marketing d'affiliation sous The Digital Dept. Notamment, Dolphin a été nommée Agence de l'année 2025 par le PR Power List de l'Observer.
Le PDG Bill O'Dowd a manifesté sa confiance dans l'avenir de l'entreprise en mettant en place un plan d'achat d'actions 10b5-1 en avril 2025, après avoir acquis pour 100 000 dollars d'actions ordinaires au second semestre 2024.
Dolphin Entertainment (NASDAQ:DLPN) meldete die Finanzergebnisse für das erste Quartal 2025, wobei der Kernbereich Entertainment Publicity and Marketing (EPM) einen Umsatzanstieg von 2 % im Jahresvergleich auf 12,1 Millionen US-Dollar verzeichnete. Der Gesamtumsatz lag bei 12,2 Millionen US-Dollar und damit unter den 15,2 Millionen US-Dollar im ersten Quartal 2024, was hauptsächlich auf das Fehlen von 3,4 Millionen US-Dollar aus der Blue Angels-Produktion im Vorjahr zurückzuführen ist.
Das Unternehmen meldete einen operativen Verlust von 1,8 Millionen US-Dollar und einen Nettoverlust von 2,3 Millionen US-Dollar (0,21 US-Dollar pro Aktie) für das erste Quartal 2025. Zu den wichtigsten strategischen Initiativen gehören Investitionen in den Frauensport durch Always Alpha, das gemeinsam mit Allyson Felix gegründet wurde, sowie die Einführung einer neuen Affiliate-Marketing-Abteilung unter The Digital Dept. Bemerkenswert ist, dass Dolphin von der Observer PR Power List zur Agentur des Jahres 2025 ernannt wurde.
CEO Bill O'Dowd zeigte Vertrauen in die Zukunft des Unternehmens, indem er im April 2025 einen 10b5-1-Aktienkaufplan implementierte, nachdem er im zweiten Halbjahr 2024 Stammaktien im Wert von 100.000 US-Dollar erworben hatte.
- Core EPM revenue grew 2% YoY to $12.1 million despite industry disruptions
- Named 2025 Agency of the Year on Observer's PR Power List
- Strategic expansion into women's sports market through Always Alpha venture
- Launch of new affiliate marketing division expanding revenue verticals
- CEO showing confidence through personal stock purchases via 10b5-1 plan
- Operating loss of $1.8 million compared to $0.2 million operating income in Q1 2024
- Net loss increased to $2.3 million ($0.21 per share) from $0.3 million in Q1 2024
- Total revenue decreased to $12.2 million from $15.2 million YoY
Insights
Dolphin's Q1 shows mixed results with core business growth offset by strategic investments and production revenue decline, indicating cautious near-term outlook.
Dolphin Entertainment delivered a nuanced Q1 2025 performance with some positives masked by overall declines. While total revenue fell
The company's profitability metrics deteriorated notably. Dolphin swung from
Net loss widened considerably to
Dolphin's balance sheet shows increased leverage, with total liabilities rising to
Management's commentary focuses on strategic positioning rather than near-term profitability, emphasizing investments in women's sports and affiliate marketing as high-growth opportunities. The CEO's ongoing personal stock purchases through a 10b5-1 plan signals management confidence despite the stock's apparent underperformance.
The company's operational highlights, including industry recognition as "Agency of the Year" and expanded client relationships across divisions, demonstrate continued business momentum despite financial pressures. However, investors should monitor whether these strategic investments translate to improved financial performance in coming quarters, as the current trajectory of widening losses is unsustainable long-term.
Highlights Talent Expansion, Women's Sports Investment, Affiliate Marketing Launches, and Continued Industry Recognition
Named 2025 Agency of the Year by Observer's PR Power List
MIAMI, FLORIDA / ACCESS Newswire / May 13, 2025 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and content production company, today announced its financial results for the first quarter ended March 31, 2025.
Bill O'Dowd, CEO of Dolphin commented:
"Dolphin's first quarter results reinforce the strength and momentum of our core agencies and our strategy of investing in the future of entertainment and marketing. Excluding the impact of last year's Blue Angels production revenue of
We also made deliberate, forward-looking investments in two of the most dynamic sectors in media today: women's sports and affiliate marketing. Always Alpha, our women's sports management firm co-founded by Allyson Felix, is tapping into a multi-billion-dollar sector with explosive growth rates and strong investor confidence. With an active roster of more than a dozen top athletes and sportscasters, along with our strategic partnership with women's sports ad agency Deep Blue, we believe Dolphin is well-positioned to continue its momentum as a first-mover in this space. We will look to expand into women's soccer and basketball this year, with management teams dedicated to the two most popular women's sports in the United States.
At the same time, The Digital Dept. launched a dedicated affiliate marketing division. This new capability means we now offer every major revenue vertical in influencer marketing, further expanding our addressable market and setting us apart from the competition. We already have more than two dozen influencers on our affiliate roster today, and we will continue to invest in this exciting and rapidly growing area throughout the year.
Dolphin is growing and our team's efforts have not gone unnoticed. Dolphin was named Agency of the Year on the 2025 Observer PR Power List, a distinction that validates the strength and cultural reach of our portfolio and the expertise of our people.
On a personal note, I want to reiterate my belief that Dolphin's common stock is deeply undervalued, which is why I began purchasing shares last year and have continued buying through a 10b5-1 plan every week since we reported our 10-K. My ongoing purchases reflect my strong confidence in our company's future and the significant upside I see ahead for our shareholders.
We are building on a powerful foundation, with clear leadership in growing and lucrative categories. As we look ahead, we remain focused on execution, investment in rapidly growing areas, and capturing emerging opportunities for both our clients and our shareholders."
Q1 2025 and Recent Highlights
Total revenue for the quarter ended March 31, 2025, was
Operating loss was
Adjusted operating loss was approximately
Operating expenses for Q1 2025 were
Net loss for Q1 2025 was
Net loss per share was
Dolphin
Named Agency of the Year on the 2025 Observer PR Power List.
CEO Bill O'Dowd started 10b5-1 stock purchase plan in April 2025, building on
$100,000 in common stock purchases in 2H 2024.
42West
Shined at Toy Fair representing Funko, the Op Games, and Super7.
Secured eight nominations for clients at the 97th Academy Awards.
Supported multiple exciting new projects at the 2025 Sundance Film Festival and the 2025 SxSW Festival.
At Superbowl LIX led Perdue's Wingin' It campaign with Wayne Brady providing live, improvisational game-day commentary; enhanced media visibility for the annual Puppy Bowl, featuring a DC Studios sneak peek with Director James Gunn.
The Door
Announced major roster of chef and lifestyle talent for 2025, showcasing prowess for culinary launches and brand expansion.
At Superbowl LIX created and executed the Not So Fast, Not So Furious Super Bowl campaign featuring Vin Diesel, Michelle Rodriguez, and Ludacris. Launched the "Dazs Drive" cross-country activation, culminating at Shaq's Fun House event. DISRPT Division's client, Serena Williams, debuted A Ma Maniere Converse sneakers during the Super Bowl halftime show. BLK & Bold coffee featured in Google's "50 States, 50 Stories" Super Bowl ad.
Shore Fire Media
Longtime client Cyndi Lauper was inducted into Rock & Roll Hall of Fame.
Clients earned 10 wins at the 2025 Grammy Awards.
At Superbowl LIX, Trombone Shorty and Lauren Daigle performed America the Beautiful during the pregame show. Fred Minnick hosted Fred Minnick Live 2025, a top-rated Super Bowl event. Bruce Springsteen's Born to Run covered by H.E.R. for Dove's #KeepHerConfident campaign. Booker T. Jones' Green Onions featured in Uber Eats' commercial with Matthew McConaughey. Client Reggie Bush participated in campaigns and events for Bounty, Tostitos, Wilson Football, and Guy Fieri's tailgate party.
Elle
Serviced over two dozen clients across Lifestyle and Impact divisions
The Digital Dept.
Launched new division for affiliate marketing and content creator services.
Hosted highest-grossing BRANDEdit influencer experience to date in Los Angeles.
Expanded BRANDEdit experiences and corporate event services to Nashville for 2025.
Always Alpha
Along with Dolphin, rang the NASDAQ Closing Bell on March 7, 2025, to celebrate Women in Sports and International Women's Day.
Announced joint venture with Deep Blue Sports + Entertainment, creating women's sports' first full-service management offering. At Superbowl LIX announced a partnership with Deep Blue to form the largest firm supporting female athletes. Celebrated with an exclusive Super Bowl luncheon on February 8 in New Orleans.
Special Projects
Curated celebrity and cultural influencer attendance for Max, Warner Bros., and Louis Vuitton launches, driving cultural impact and elevating brand visibility.
Blue Angels
The Blue Angels won for Outstanding Achievement in Sound Editing for a Feature Documentary at the MPSE Golden Reel Awards.
Returned to select IMAX® theatres in January 2025 with a new 3D version.
Youngblood
Feature adaptation began and completed principal photography.
Conference Call Information
To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call.
Date: May 13, 2025
Time: 4:30pm ET
Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 893617
Webcast:https://www.webcaster4.com/Webcast/Page/2225/52465
Replay
Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 52465
Webcast Replay: https://www.webcaster4.com/Webcast/Page/2225/52465
ABOUT DOLPHIN
Dolphin (NASDAQ:DLPN) was founded in 1996 by Bill O'Dowd and has evolved from its origins as an Emmy-nominated television, digital and feature film content producer to a company with three dynamic divisions: Dolphin Entertainment, Dolphin Marketing and Dolphin Ventures.
Dolphin Entertainment: This legacy division, where it all began, has a rich history of producing acclaimed television shows, digital content and feature films. With high-profile partners like IMAX and notable projects including The Blue Angels, Dolphin Entertainment continues to set the standard in quality storytelling and innovative content creation.
Dolphin Marketing: Established in 2017, the Marketing division, which was just named by Observer as the 2025 #1 Agency of the Year, is a powerhouse in public relations, influencer marketing, branding strategy, talent booking and special events. Comprising top-tier companies such as 42West, The Door, Shore Fire Media, Elle Communications, Special Projects, The Digital Dept., and Always Alpha, Dolphin Marketing serves a wide range of industries - from entertainment, music and sports to hospitality, fashion and consumer products.
Dolphin Ventures: This division leverages Dolphin's best-in-class cross-marketing acumen and business development relationships to create, launch and/or accelerate innovative ideas and promising products, events and content in our areas of expertise.
Dolphin has also launched "The Pod", a new shareholder loyalty program in partnership with TiiCKER, the world's first and largest shareholder engagement platform. "The Pod" features high-value tiered perks for Dolphin's verified investors, including gift cards and discount codes for brands like Häagen-Dazs, Francis Ford Coppola Wines, Carbone Fine Food, Saysh, and Foster Supply Hospitality. Investors may also receive special access to concerts, movie screenings, and celebrity meet-and-greet opportunities throughout the year.
Dolphin Entertainment shareholders can now visit TiiCKER.com/DLPN to connect their brokerage accounts and claim their perks and VIP experiences.
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, Dolphin Entertainment Inc.'s offering of common stock as well as expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by the use of words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, Dolphin Entertainment's actual results may differ materially from the results discussed in its forward-looking statements. Dolphin Entertainment's forward-looking statements contained herein speak only as of the date of this press release. Factors or events Dolphin Entertainment cannot predict, including those described in the risk factors contained in its filings with the Securities and Exchange Commission, may cause its actual results to differ from those expressed in forward-looking statements. Although Dolphin Entertainment believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved, and Dolphin Entertainment undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.
Contact Information
James Carbonara
Partner, Hayden IR
james@haydenir.com
646-755-7412
###
DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
March 31, 2025 | December 31, 2024 | |||||||
ASSETS | ||||||||
Current | ||||||||
Cash and cash equivalents | $ | 7,085,260 | $ | 8,203,842 | ||||
Restricted cash | 925,004 | 925,004 | ||||||
Accounts receivable: | ||||||||
Trade, net of allowance of | 6,066,237 | 5,113,157 | ||||||
Other receivables | 6,538,095 | 5,451,697 | ||||||
Other current assets | 553,808 | 373,399 | ||||||
Total current assets | 21,168,404 | 20,067,099 | ||||||
Capitalized production costs, net | 615,662 | 594,763 | ||||||
Employee receivable | 1,054,168 | 1,007,418 | ||||||
Right-of-use assets | 4,327,155 | 4,738,997 | ||||||
Goodwill | 21,507,944 | 21,507,944 | ||||||
Intangible assets, net | 9,614,784 | 10,189,026 | ||||||
Property, equipment and leasehold improvements, net | 97,788 | 114,011 | ||||||
Other long-term assets | 189,296 | 218,021 | ||||||
Total Assets | $ | 58,575,201 | $ | 58,437,279 | ||||
LIABILITIES | ||||||||
Current | ||||||||
Accounts payable | $ | 2,120,089 | $ | 2,344,272 | ||||
Term loans, current portion | 1,708,051 | 1,686,018 | ||||||
Revolving line of credit | 400,000 | 400,000 | ||||||
Notes payable, current portion | 3,750,000 | 3,750,000 | ||||||
Contingent consideration | 486,000 | 486,000 | ||||||
Accrued interest - related party | 2,002,593 | 1,857,986 | ||||||
Accrued compensation - related party | 2,625,000 | 2,625,000 | ||||||
Lease liabilities, current portion | 1,531,098 | 1,919,672 | ||||||
Deferred revenue | 818,302 | 341,153 | ||||||
Other current liabilities | 13,013,339 | 11,104,036 | ||||||
Total current liabilities | 28,454,472 | 26,514,137 | ||||||
Noncurrent | ||||||||
Term loans, noncurrent portion | 4,349,537 | 4,782,271 | ||||||
Notes payable, noncurrent portion | 3,380,000 | 3,130,000 | ||||||
Convertible notes payable | 5,875,000 | 5,100,000 | ||||||
Convertible notes payable at fair value | 300,000 | 320,000 | ||||||
Loans from related party | 3,225,985 | 3,225,985 | ||||||
Lease liabilities | 3,257,809 | 3,306,033 | ||||||
Deferred tax liability | 416,069 | 394,547 | ||||||
Other noncurrent liabilities | - | 18,915 | ||||||
Total Liabilities | 49,258,872 | 46,791,888 | ||||||
STOCKHOLDERS' EQUITY | ||||||||
Preferred Stock, Series C, | 1,000 | 1,000 | ||||||
Common stock, | 166,779 | 166,688 | ||||||
Additional paid in capital | 157,692,041 | 157,692,132 | ||||||
Accumulated deficit | (148,543,491 | ) | (146,214,429 | ) | ||||
Total Stockholders' Equity | 9,316,329 | 11,645,391 | ||||||
Total Liabilities and Stockholders' Equity | $ | 58,575,201 | $ | 58,437,279 | ||||
DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Operations
For the three months ended March 31, | ||||||||
2025 | 2024 | |||||||
Revenues | $ | 12,169,711 | $ | 15,235,892 | ||||
Expenses: | ||||||||
Direct costs | 344,414 | 2,319,227 | ||||||
Payroll and benefits | 10,304,233 | 9,574,251 | ||||||
Selling, general and administrative | 1,772,444 | 1,976,990 | ||||||
Acquisition costs | 416,171 | - | ||||||
Depreciation and amortization | 591,552 | 553,103 | ||||||
Legal and professional | 514,424 | 647,781 | ||||||
Total expenses | 13,943,238 | 15,071,352 | ||||||
Loss from operations | (1,773,527 | ) | 164,540 | |||||
Other (expenses) income: | ||||||||
Change in fair value of convertible note | 20,000 | 25,000 | ||||||
Change in fair value of warrant | - | 5,000 | ||||||
Interest income | 6,075 | 5,869 | ||||||
Interest expense | (560,088 | ) | (503,637 | ) | ||||
Total other expense (income), net | (534,013 | ) | (467,768 | ) | ||||
Loss before income taxes and equity in losses of unconsolidated affiliates | $ | (2,307,540 | ) | $ | (303,228 | ) | ||
Income tax expense | (21,522 | ) | (23,539 | ) | ||||
Net loss | $ | (2,329,062 | ) | $ | (326,767 | ) | ||
Loss per share: | ||||||||
Basic | $ | (0.21 | ) | $ | (0.04 | ) | ||
Diluted | $ | (0.21 | ) | $ | (0.04 | ) | ||
Weighted average number of shares used in per share calculation | ||||||||
Basic | 11,162,026 | 9,238,913 | ||||||
Diluted | 11,162,026 | 9,302,851 | ||||||
Use of Non-GAAP Financial Measures
In order to provide greater transparency regarding our operating performance, the financial results in this press release refer to a non-GAAP financial measure that involves adjustments to GAAP results. Non-GAAP financial measures exclude certain income and/or expense items that management deems are not directly attributable to the Company's core operating results and/or certain items that are inconsistent in amounts and frequency, making it difficult to perform a meaningful evaluation of our current or past operating performance.
Adjusted operating income or loss is defined by Dolphin as (loss) income from operations before: (i) depreciation and amortization, (ii) write-off of assets, (iii) impairment of goodwill or intangible assets, (iv) acquisition costs, (v) employee stock compensation, (vi) change in fair value of contingent consideration, (vii) bad debt expense and (viii) and impairment of capitalized production costs.
Management believes that the presentation of operating results using this non-GAAP financial measure provides useful supplemental information for investors by providing them with the non-GAAP financial measure used by management for financial and operational decision making, planning and forecasting and in managing the business. This non-GAAP financial measure does not replace the presentation of financial information in accordance with U.S. GAAP financial results, should not be considered a measure of liquidity and is unlikely to be comparable to non-GAAP financial measures provided by other companies.
Reconciliation of GAAP (loss) income from operations to non-GAAP (loss) income from operations
For the three months ended March 31, | ||||||||
2025 | 2024 | |||||||
Revenues (GAAP) | $ | 12,169,711 | $ | 15,235,892 | ||||
Expenses: | ||||||||
Direct costs | 344,414 | 2,319,227 | ||||||
Payroll and benefits | 10,304,233 | 9,574,251 | ||||||
Selling, general and administrative | 1,772,444 | 1,976,990 | ||||||
Acquisition costs | 416,171 | - | ||||||
Depreciation and amortization | 591,552 | 553,103 | ||||||
Legal and professional | 514,424 | 647,781 | ||||||
Total expenses (GAAP) | 13,943,238 | 15,071,352 | ||||||
(Loss) income from operations (GAAP) | $ | (1,773,527 | ) | $ | 164,540 | |||
Adjustments to GAAP measure: | ||||||||
Acquisition costs | 416,171 | - | ||||||
Depreciation and amortization | 591,552 | 553,103 | ||||||
Bad debt expense | 55,754 | 204,021 | ||||||
One-time payroll related costs | 85,000 | - | ||||||
Stock compensation | - | 105,761 | ||||||
Adjusted (loss) income from operations (non-GAAP) | $ | (625,050 | ) | $ | 1,027,425 | |||
SOURCE: Dolphin Entertainment
View the original press release on ACCESS Newswire
FAQ
What were Dolphin Entertainment's (DLPN) Q1 2025 earnings results?
Why did DLPN's revenue decline in Q1 2025 compared to Q1 2024?
What new strategic initiatives has Dolphin Entertainment (DLPN) launched in 2025?
How is DLPN's CEO showing confidence in the company's future?
What major recognition did Dolphin Entertainment receive in 2025?
