v3.24.1.1.u2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 2,763 $ 4,095
Investments in Marketable Securities (amortized cost of $10,109 and $12,838, respectively) 9,382 11,950
Accounts Receivable (net of allowance of $226 and $189, respectively) 13,389 18,072
Tax Credits Receivable, net 11,955 20,714
Prepaid Expenses and Other Assets 1,580 740
Total Current Assets 41,011 57,109
Noncurrent Assets:    
Property and Equipment, net 1,780 1,877
Operating Lease Right-of-Use Assets, net 6,758 7,076
Finance Lease Right-of-Use Assets, net 1,473 1,867
Film and Television Costs, net 1,389 1,295
Investment in Your Family Entertainment AG 18,681 19,094
Intangible Assets, net 22,115 22,993
Other Assets 123 125
Total Assets 93,330 111,436
Current Liabilities:    
Accounts Payable 12,000 16,864
Participations Payable 1,674 1,915
Accrued Expenses 1,812 691
Accrued Salaries and Wages 2,114 1,926
Deferred Revenue 3,762 3,127
Margin Loan 2,940 782
Production Facilities 8,292 15,336
Bank Indebtedness 0 2,905
Current Portion of Operating Lease Liabilities 1,156 908
Current Portion of Finance Lease Liabilities 877 1,120
Warrant Liability 26 63
Total Current Liabilities 34,885 45,640
Noncurrent Liabilities:    
Deferred Revenue 3,416 3,458
Operating Lease Liabilities, Net Current Portion 6,400 6,736
Finance Lease Liabilities, Net Current Portion 751 928
Deferred Tax Liability, net 1,399 1,399
Other Noncurrent Liabilities 5 14
Total Liabilities 46,856 58,175
Commitments and Contingencies (Note 19)
Stockholders’ Equity:    
Preferred stock 0 0
Common Stock, $0.001 par value, 190,000,000 and 190,000,000 shares authorized, 35,426,663 and 35,323,217 shares issued and $35,351,190 and 35,247,744 outstanding as of March 31, 2024 and December 31, 2023, respectively 352 352
Additional Paid-in Capital 774,286 773,986
Treasury Stock at Cost, 75,473 shares of common stock as of March 31, 2024 and December 31, 2023 (339) (339)
Accumulated Deficit (725,591) (718,546)
Accumulated Other Comprehensive Loss (3,906) (3,883)
Total Kartoon Studios, Inc. Stockholders' Equity 44,802 51,570
Non-Controlling Interests in Consolidated Subsidiaries 1,672 1,691
Total Stockholders' Equity 46,474 53,261
Total Liabilities and Stockholders’ Equity 93,330 111,436
Related Party    
Current Assets:    
Other Receivable 1,403 1,435
Current Liabilities:    
Other Current Liabilities 1 3
Nonrelated Party    
Current Assets:    
Other Receivable 539 103
Current Liabilities:    
Other Current Liabilities 231 0
0% Series A Convertible Preferred Stock    
Stockholders’ Equity:    
Preferred stock 0 0
Preferred Stock Series B    
Stockholders’ Equity:    
Preferred stock 0 0
Preferred Stock Series C    
Stockholders’ Equity:    
Preferred stock $ 0 $ 0

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