Kartoon Studios, Inc. filings document an entertainment operating company organized in Nevada and traded on NYSE American under TOON. The record includes Form 8-K reports on quarterly and annual results, material definitive agreements, share issuances tied to settlement of obligations, and governance matters such as director appointments, resignations and executive employment agreements.
Registration statements and current reports describe the company's securities registration activity, capital-structure disclosures, smaller reporting-company status and business in producing, distributing and licensing children's and family entertainment. These filings also cover exhibits, press releases and other formal disclosures tied to Toon Media Networks, Mainframe Studios and the company's branded intellectual-property portfolio.
Kartoon Studios, Inc. entered a material definitive agreement with Continuation Capital, Inc. to settle outstanding obligations using stock instead of cash. The company agreed to issue 2,553,047 common shares to CCI in exchange for settling certain past due debts totaling $1,143,884 plus an additional $315,000.
A Florida state court approved the agreement on April 13, 2026, and it became binding on April 20, 2026 after NYSE American approved the share issuance. The unregistered shares will be issued at 1.75 shares per dollar of the company’s obligation under a Section 3(a)(10) Securities Act exemption.
Parisi Brian reported acquisition or exercise transactions in this Form 4 filing.
Kartoon Studios CFO Brian Parisi reported an amended grant of 500,000 restricted stock units (RSUs) tied to TOON common stock. This Form 4/A corrects the transaction date previously reported and moves the RSU disclosure from the derivative table to the non-derivative table.
The RSUs represent a contingent right to receive 500,000 shares, vesting in three tranches: 166,666 shares on January 1, 2027, 166,666 shares on January 1, 2028, and 166,668 shares on January 1, 2029, subject to his continued employment. Following this grant, Parisi directly holds 529,435 shares.
Kartoon Studios reported full-year 2025 revenue of $39.4 million, up 21% from $32.6 million in 2024, driven mainly by strong growth in animation production services. Production services revenue reached $26.8 million, a 50% year-over-year increase, while loss from operations improved 24%, reflecting cost controls.
The company highlighted record subscribers and sharply higher engagement across Kartoon Channel! and Ameba, plus over 60% of projected 2026 production revenue already under contract. Its 2025 audited financial statements include an audit opinion with an explanatory paragraph about the company’s ability to continue as a going concern.
Kartoon Studios, Inc., a Nevada-based kids’ content and brand management company, filed its annual report describing a diversified business spanning original animation, production services, consumer products licensing, and owned streaming platforms such as Kartoon Channel! and Ameba TV.
For the year ended December 31, 2025, Kartoon Studios generated $39.4 million in net revenues and recorded a net loss attributable to the company of $24.5 million, extending a history of operating losses. Management reports an accumulated deficit of $763.8 million, stockholders’ equity of $27.5 million, and working capital of $2.3 million as of December 31, 2025, and concludes there is substantial doubt about the company’s ability to continue as a going concern without additional capital.
The company highlights concentration risk, noting four customers represented 81.9% of 2025 revenue, and discloses exposure to foreign exchange and equity market volatility through its investment in Germany-based Your Family Entertainment AG, where a $9.8 million fair value decrease was recognized in 2025. It also details approximately $11.8 million of production loan facility obligations secured primarily by Canadian tax credit receivables of $16.8 million, and outlines extensive intellectual property, distribution, and regulatory considerations, along with 294 full-time employees as of year-end 2025.
THOMOPOULOS ANTHONY D reported acquisition or exercise transactions in this Form 4 filing.
Kartoon Studios, Inc. director Anthony D. Thomopoulos received a grant of 8,570 shares of Common Stock on March 19, 2026 at a stated price of $0.00 per share. After this award, he directly holds a total of 150,015 Kartoon Studios common shares.
Davis Gray reported acquisition or exercise transactions in this Form 4 filing.
Kartoon Studios, Inc. director Davis Gray reported receiving a grant of 8,570 shares of Common Stock as an equity award. The shares were recorded at a price of $0.00 per share, indicating a compensation-related grant rather than a market purchase. Following this award, Gray directly holds 92,339 shares of Kartoon Studios Common Stock.
Kartoon Studios, Inc. director Jeffrey Roy Schlesinger reported receiving a grant of 8,570 shares of common stock as a stock award at a stated price of $0.00 per share. This compensation-related acquisition increased his direct holdings to 17,048 shares of Kartoon Studios common stock.
SEGALL LYNNE A reported acquisition or exercise transactions in this Form 4 filing.
Kartoon Studios, Inc. director Lynne A. Segall reported receiving a grant of 8,570 shares of common stock at a stated price of $0.00 per share. After this grant, she directly holds a total of 117,289 shares of Kartoon Studios common stock.
Anson Funds and related entities reported a sizeable passive stake in Kartoon Studios, Inc. (TOON). They beneficially own 6,581,965 shares of common stock, representing 9.9% of the company. This total includes shares underlying warrants held by private funds they advise.
The percentage is based on 65,885,540 shares, combining 64,501,959 shares outstanding and 1,383,581 shares issuable upon warrant exercise. The warrants carry ownership caps, limiting exercises so the group does not exceed 4.99% or 9.99% of Kartoon’s outstanding common stock.
Kartoon Studios, Inc. director Jeffrey Schlesinger reported receiving shares of the company’s common stock. On 01/02/2026, he acquired 2,026 shares of Kartoon Studios, Inc. common stock, par value $0.001 per share, in a transaction reported at a price of $0 per share, indicating a non-cash issuance such as equity compensation. Following this transaction, he beneficially owned 8,478 shares of Kartoon Studios, Inc. common stock held directly.