Every 10-Q that Kartoon Studios, Inc. (TOON) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TOON and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TOON filings page.
Kartoon Studios, Inc. reported a sharp swing to profitability for the six months ended June 30, 2026, with net income of $20.5 million compared with a net loss of $12.9 million a year earlier. For the quarter, net income attributable to the company was $27.0 million, versus a loss of $6.2 million in 2025.
Core operations remained loss-making, with a six‑month operating loss of $6.2 million, and revenue declined to $13.1 million from $19.8 million, driven by lower production services and media/advertising revenue. Results were primarily boosted by a $39.2 million non‑recurring, non‑operating cash receipt from Section 16(b) litigation settlements, partly offset by a $4.0 million standstill agreement expense and fair‑value losses on the YFE equity investment.
Liquidity improved materially: cash was $7.7 million, marketable U.S. Treasury securities were $32.8 million, and working capital rose to $31.4 million from $2.3 million. Total assets increased to $94.5 million and stockholders’ equity to $53.6 million. Management states that existing cash, marketable securities, and investments are sufficient to fund operations for at least 12 months. Subsequent to quarter‑end, the company adopted a stockholder rights plan and closed the $0.5 million sale of Frederator Networks, expecting an approximately $0.3 million loss on disposal.
Kartoon Studios, Inc. reported a net loss of $6.365 million for the three months ended March 31, 2026, on revenues of $7.238 million, compared with a $6.526 million loss on $9.504 million of revenue a year earlier. Loss per share improved to $0.10 from $0.14 as the share count increased.
Cash and restricted cash rose to $5.016 million from $2.943 million at December 31, 2025, helped by $2.939 million of cash provided by investing activities and $1.781 million from financing activities, while operating activities used $2.856 million. Current assets were $30.7 million versus current liabilities of $31.4 million, resulting in negative working capital of $0.7 million.
Management disclosed that recurring losses, cash burn, negative working capital, and reliance on external financing led to the conclusion that there is “substantial doubt” about the company’s ability to continue as a going concern for at least one year. The quarter also included a $3.0 million fair value loss on the Your Family Entertainment AG investment and continued use of Section 3(a)(10) share issuances to settle accounts payable.
Kartoon Studios, Inc. (TOON) reported Q3 2025 results. Total revenue was $9,877 for the quarter, up from $8,708 a year ago, driven by stronger production services. For the nine months, revenue reached $29,660 versus $23,170 in 2024, with production services at $21,036 offset by lower content distribution.
The company recorded a Q3 net loss of $6,515 and a nine‑month net loss of $19,373. Cash was $916 and restricted cash $514 as of September 30, 2025; total current assets were $27,089 against current liabilities of $32,512, resulting in negative working capital of $5,423. Management disclosed “substantial doubt” about continuing as a going concern, while noting an offering closed in October 2025 with aggregate gross proceeds of approximately $7.3 million.
Customer concentration remained high, with four customers accounting for 85.1% of Q3 revenue. As of November 14, 2025, 53,905,697 common shares were outstanding.
Kartoon Studios, Inc. reported consolidated revenue of $10.3 million for the three months ended June 30, 2025, up from $8.4 million a year earlier, and $19.8 million for the six months ended June 30, 2025, up from $14.5 million. The increase was driven by growth in Production Services, which rose to $7.4 million for the quarter, with other streams including Content Distribution and Media Advisory contributing to overall sales.
Despite revenue growth, the company recorded a net loss of $6.3 million for the quarter and $12.9 million for the six months, and reported cash and restricted cash of $2.6 million at June 30, 2025. Working capital was negative $4.9 million and accumulated deficit totaled $752.0 million. Management disclosed substantial doubt about the Company’s ability to continue as a going concern for at least one year and described plans to pursue financings, asset sales (including 1,500,000 YFE shares sold subsequent to period end) and cost savings to improve liquidity.