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. (TOON) is asking stockholders to vote at its virtual 2026 annual meeting on October 21, 2026. The company seeks to elect six directors into a newly classified Board structure with Class I and Class II directors serving staggered one- and two-year terms, respectively. Other proposals include ratifying WithumSmith+Brown, PC as auditor for 2026, increasing the 2020 Incentive Plan share reserve by 4,000,000 shares, an advisory Say‑on‑Pay vote on executive compensation, and an adjournment authority if more time is needed to approve the incentive plan increase. There were 62,204,105 shares of common stock outstanding and entitled to vote as of August 31, 2026. The proxy details substantial executive pay, including a CEO base salary of $1,060,000 under a new four‑year agreement and large restricted stock unit grants to the COO and CFO, while the Board recommends voting FOR all five proposals.
Kartoon Studios, Inc. (TOON) received an amended Schedule 13G filing reporting that Clear Street Derivatives LLC holds a significant passive stake in its common stock. Clear Street Derivatives reports 3,550,631 shares of common stock as beneficially owned, representing 5.71% of the class, with sole power to vote and dispose of these shares.
Clear Street Derivatives LLC reported beneficial ownership of common stock of Kartoon Studios Inc (TOON) on a Schedule 13G. The firm holds 7,101,262 shares of common stock, representing 12.0% of the class. Clear Street Derivatives LLC reports sole power to vote and dispose of all 7,101,262 shares and no shared voting or dispositive power. The reporting person is organized in the United States, with its principal business office in New York. The ownership information is certified as of June 30, 2026 and signed by John DiBacco, Head of Markets Trading.
Kartoon Studios, Inc. reported second quarter 2026 results while outlining a strategic shift toward owning and monetizing high‑value children’s intellectual property. Revenue for the quarter was $5.8 million, down from $10.3 million a year earlier, mainly due to lower production services activity at Mainframe Studios.
Total expenses fell 32% to $9.2 million, as direct operating costs declined and general and administrative expenses were reduced. Loss from operations was $3.4 million, similar to the prior‑year loss of $3.2 million despite the revenue decline. Other income, net, was $31.1 million, driven by a $39.2 million non‑recurring gain from litigation settlements, partly offset by a $4.0 million non‑operating charge related to a standstill and voting agreement and other items.
Net income for the quarter was $27.0 million, versus a net loss of $(6.3) million in the prior‑year period. As of June 30, 2026, Kartoon Studios held $40.5 million in cash and marketable securities and reported no long‑term debt, with total assets of $94.5 million. Management highlighted a new Amazon Prime distribution partnership for the Hundred Acre Wood franchise, continued development of the Stan Lee Universe, and the sale of the Frederator network business (retaining key IP) as part of a broader transformation toward a focused, IP‑driven, higher‑margin business model.
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. entered into a streaming arrangement with Amazon Prime Video for its animated series HUNDRED ACRE WOOD, based on A.A. Milne's Winnie. The series is scheduled to begin streaming on Amazon Prime Video on February 18, 2027.
Amazon plans to promote the series and its episodes using prominent “Hero Banners” within its service. In addition, Amazon’s “Shop the Show” program will allow viewers to purchase products featuring HUNDRED ACRE WOOD characters while they are streaming the show, integrating e-commerce with the viewing experience.
Kartoon Studios, Inc. CEO and Chairman Andy Heyward reported a bona fide gift of 20,903 shares of common stock to Bnei Akiva of Los Angeles, receiving no consideration. After the gift, he directly holds 1,721,036 common shares, 1,031,249 RSUs, and additional indirect holdings of 124 and 99,073 shares.
Kartoon Studios, Inc. scheduled its 2026 Annual Meeting of Stockholders for October 21, 2026. Because this date is more than 30 days after the anniversary of the 2025 annual meeting, previously disclosed deadlines for stockholder proposals no longer apply.
Stockholders seeking to submit proposals for inclusion in proxy materials under Rule 14a-8, submit director nominations, or provide notice under Rule 14a-19 (Universal Proxy) must deliver required materials to the Corporate Secretary by 5:00 p.m. Pacific Time on August 16, 2026. The same deadline applies under the company’s bylaws for other proposals or director nominations, and any adjournment, recess, or postponement of the meeting will not extend these deadlines.
Kartoon Studios, Inc. announced the strategic sale of Frederator Networks’ Channel Network business in an all-cash transaction. Total cash consideration paid to Kartoon Studios was $500,000, while the company retains key Frederator Studios intellectual property, including Bee and PuppyCat, Bravest Warriors, Castlevania and Catbug, for distribution and product licensing opportunities.
Management states that this transaction separates businesses with different operating models and supports an ongoing strategy to focus resources on monetizing premium intellectual property, franchise development, animation production, global distribution and consumer-products commercialization.