Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

Net Income (Loss) Attributable to Kartoon Studios, Inc.

$

26,985

$

(6,163

)

$

20,620

$

(12,689

)

Weighted-average shares of common stock outstanding

66,155,559

47,805,923

64,457,474

47,252,544

Basic earnings (loss) per share

$

0.41

$

(0.13

)

$

0.32

$

(0.27

)

Net Income (Loss) Attributable to Kartoon Studios, Inc.

$

26,985

$

(6,163

)

$

20,620

$

(12,689

)

Weighted-average shares of common stock outstanding

66,155,559

47,805,923

64,457,474

47,252,544

Effect of dilutive warrants and stock-based awards

4,814,429

–

3,726,713

–

Weighted-average shares of common stock outstanding - diluted

70,969,988

47,805,923

68,184,187

47,252,544

Diluted earnings (loss) per share

$

0.38

$

(0.13

)

$

0.30

$

(0.27

)