TOON · XBRL financial data

Kartoon Studios financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (TOON's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	—	year only	6,078	8,384	8,708	9,421*	9,504	10,279	9,877	9,693*	7,238	5,821
Revenue from contracts with customers	10,072	8,809*	6,078	8,384	8,708	9,421*	9,504	10,279	9,877	9,693*	7,238	5,821
General and administrative	8,679	9,050*	7,603	6,908	5,199	5,500*	5,713	6,214	5,642	6,423*	5,131	4,458
Total operating expenses	22,676	37,993*	12,372	13,045	11,255	12,915*	12,583	13,494	12,773	13,419*	10,041	9,231
Operating income (loss)	(12,604)	(29,184)*	(6,294)	(4,661)	(2,547)	(3,494)*	(3,079)	(3,215)	(2,896)	(3,726)*	(2,803)	(3,410)
Interest income	100	100*	—	—	—	year only	—	—	—	—	—	—
Interest expense	672	349*	203	246	176	154*	128	165	157	206*	233	175
Other income (expense)	11	941*	164	370	189	1,285*	0	(0)	(3,462)	(1,528)*	(3,369)	31,107
Income tax expense (benefit)	0	(268)*	0	0	0	(43)*	0	0	0	(135)*	0	573
Net income (loss)	(15,476)	(21,635)*	(7,045)	(5,873)	(2,057)	(5,764)*	(6,526)	(6,163)	(6,570)	(5,273)*	(6,365)	26,985
Earnings per share, basic USD per share	(0.44)	(0.61)*	(0.20)	(0.15)	(0.05)	(0.14)*	(0.14)	(0.13)	(0.14)	(0.09)*	(0.10)	0.41
Earnings per share, diluted USD per share	(0.44)	(0.61)*	(0.20)	(0.15)	(0.05)	(0.14)*	(0.14)	(0.13)	(0.14)	(0.09)*	(0.10)	0.38
Weighted average shares, basic thousands of shares	35,088	35,192*	35,298	38,386	39,500	40,435*	46,693	47,806	48,144	58,169*	62,741	66,156
Weighted average shares, diluted thousands of shares	35,088	35,192*	35,298	38,386	39,500	40,435*	46,693	47,806	48,144	58,169*	62,741	70,970

Balance sheet

CSV

Fiscal quarters (TOON's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	3,887	4,095	2,763	2,741	4,581	8,385	2,772	2,568	1,430	2,943	5,016	7,742
Marketable securities	16,152	11,950	9,382	6,455	4,079	100	3,226	687	0	—	—	—
Accounts receivable	12,003	18,072	13,389	12,663	11,893	11,982	7,562	7,043	8,698	9,632	3,303	2,059
Prepaid and other current assets	1,528	740	1,580	1,246	900	606	1,354	1,347	1,124	841	1,179	1,643
Total current assets	61,421	57,109	41,011	38,822	37,180	34,664	25,128	25,463	27,089	35,765	30,740	63,047
Property and equipment, net	1,949	1,877	1,780	1,680	1,655	2,053	1,921	1,886	1,727	1,635	1,476	1,327
Right-of-use asset	7,383	7,076	6,758	6,507	6,365	5,847	5,654	5,552	5,258	5,114	4,815	4,511
Goodwill	20,569	0	—	—	—	—	—	—	—	—	—	—
Total assets	136,174	111,436	93,330	89,004	87,299	85,467	71,701	70,003	66,720	70,907	63,569	94,533
Accounts payable	—	16,864	—	—	12,043	11,954	5,963	6,772	8,249	12,115	7,138	5,666
Accrued liabilities	897	691	1,812	1,075	1,132	405	1,738	1,278	1,519	744	2,600	1,776
Total current liabilities	49,600	45,640	34,885	33,589	33,700	33,440	26,835	30,360	32,512	33,451	31,402	31,599
Lease liability, non-current	6,927	6,736	6,400	6,104	5,912	5,359	5,082	5,025	4,687	4,488	4,145	3,829
Total liabilities	62,163	58,175	46,856	44,645	44,499	49,007	41,644	40,328	42,708	43,374	40,984	40,908
Accumulated deficit	(696,911)	(718,546)	(725,591)	(731,464)	(733,521)	(739,285)	(745,812)	(751,975)	(758,545)	(763,817)	(770,182)	(743,197)
Total stockholders' equity	72,304	51,570	44,802	42,737	41,242	34,971	28,633	28,355	22,637	26,210	21,302	52,378
Total liabilities and equity	136,174	111,436	93,330	89,004	87,299	85,467	71,701	70,003	66,720	70,907	63,569	94,533
Common shares outstanding (cover page) thousands of shares	35,189	35,368	39,388	39,480	39,569	47,785	47,794	47,984	53,906	56,336	59,143	62,204

Cash flows

CSV

Fiscal quarters (TOON's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(15,476)	(21,635)*	(7,045)	(5,873)	(2,057)	(5,764)*	(6,526)	(6,163)	(6,570)	(5,273)*	(6,365)	26,985
Stock-based compensation	—	year only	226	164	155	669*	87	48	42	153*	191	(193)
Depreciation and amortization	619*	606*	610	591*	590*	617*	650	627*	651*	657*	677	668*
Net cash from operating activities	(9,581)*	4,076*	3,845	(6,499)*	1,527*	(2,362)*	(1,822)	(4,468)*	(5,497)*	381*	(2,856)	34,288*
Purchases of property and equipment	30*	4*	34	0*	36*	47*	20	60*	36*	35*	33	42*
Net cash from investing activities	33,470*	4,440*	2,560	2,958*	2,384*	2,110*	(1,186)	2,487*	1,055*	(3,988)*	2,939	(31,765)*
Proceeds from issuing equity	5,299*	(5,299)*	—	—	0*	4,186*	—	—	0*	7,046*	—	—
Share repurchases	—	year only	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	(24,888)*	(7,973)*	(7,891)	3,087*	(1,640)*	3,313*	(2,567)	2,294*	3,094*	5,326*	1,781	(109)*
Net change in cash	(952)*	208*	(1,332)	(22)*	1,840*	3,804*	(5,613)	(204)*	(1,138)*	1,513*	2,073	2,726*

Compare with peers

SIC 7812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Kartoon Studios	7,742	5,821	34,288*	62.2M	—	Q2 FY26 10-QJun 30, 2026
Winvest Group	44	62*	(123)*	116.5M	0.4 quarters	Q4 FY25 10-KDec 31, 2025
Angel Studios	48,037	111,706	16,940*	186.5M	—	Q2 FY26 10-QJun 30, 2026
BMP AI Technologies	0	0	(8)*	51.8M	—	Q2 FY26 10-QJun 30, 2026
Gaia	7,104	22,031	(4,062)*	not reported	1.5 quarters	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.