0001282224 2025-01-01 2025-12-31 0001282224 2024-01-01 2024-12-31 0001282224 2023-01-01 2023-12-31 iso4217:USD false 0001282224 DEF 14A DOLPHIN ENTERTAINMENT, INC. true Timing of Equity Awards While the Company occasionally grants restricted stock units to its employees, the Company does not currently award options and therefore does not have any policies or practices as it relates to the award of options in relation to the disclosure of material nonpublic information. The Company does not grant equity awards in anticipation of the release of material, nonpublic information or time the release of material, nonpublic information based on equity award grant dates, vesting events, or sale events. No off-cycle stock option awards were granted to named executive officers in 2025. During 2025, the Company did not grant equity awards to its named executive officers during the four business days prior to or the one business day following the filing of its periodic reports or the filing or furnishing of a Form 8-K that discloses material nonpublic information. The Company has not timed the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation for purposes of grants to its named executive officers in 2025. The Company does not grant equity awards in anticipation of the release of material, nonpublic information or time the release of material, nonpublic information based on equity award grant dates, vesting events, or sale events. false The Company has not timed the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation for purposes of grants to its named executive officers in 2025. false <table cellpadding="0" cellspacing="0" id="xdx_883_eecd--PvpTableTextBlock_zVm2cOIMOlG1" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Summary Compensation Table Total for PEO ($) (1)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Compensation Actually Paid to PEO ($) (1)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Average Summary Compensation Table Total for Non-PEO Named Executive Officers ($) (2)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Average Compensation Actually Paid to Non-PEO Named Executive Officers ($) (2)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total Shareholder Return ($) (3)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Net Income ($) (4)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 12%; text-align: center">2025</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eecd--PeoTotalCompAmt_c20250101__20251231_zm9TYxZsmkCj" style="width: 11%; text-align: right" title="Summary Compensation Table Total for PEO">682,880</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eecd--PeoActuallyPaidCompAmt_c20250101__20251231_zTiWkpeAjrVl" style="width: 11%; text-align: right" title="Compensation Actually Paid to PEO">682,880</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_zFXn4VGMsnj2" style="width: 11%; text-align: right" title="Average Summary Compensation Table Total for Non-PEO">325,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_zGhNoZK4iAzl" style="width: 10%; text-align: right" title="Average Compensation Actually Paid to Non-PEO">325,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eecd--TotalShareholderRtnAmt_c20250101__20251231_zegmtDgSZhh3" style="width: 10%; text-align: right" title="Total Shareholder Return Amount">43</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--NetIncomeLoss_pp2p0_c20250101__20251231_zxSbg9eAHpy2" style="width: 10%; text-align: right" title="Net Income">(3.1</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eecd--PeoTotalCompAmt_c20240101__20241231_z90EMLM3clgk" style="text-align: right" title="Summary Compensation Table Total for PEO">683,598</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eecd--PeoActuallyPaidCompAmt_c20240101__20241231_zpoGMKa3NFsl" style="text-align: right" title="Compensation Actually Paid to PEO">683,598</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_zKhIEXGTKO62" style="text-align: right" title="Average Summary Compensation Table Total for Non-PEO">322,917</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zbPRSZ0zAPn1" style="text-align: right" title="Average Compensation Actually Paid to Non-PEO">322,917</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eecd--TotalShareholderRtnAmt_c20240101__20241231_zic1JFqY683" style="text-align: right" title="Total Shareholder Return Amount">30</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--NetIncomeLoss_pp2p0_c20240101__20241231_zwK4tB4kBRv7" style="text-align: right" title="Net Income">(12.6</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eecd--PeoTotalCompAmt_c20230101__20231231_zkXAZI0z4DBi" style="text-align: right" title="Summary Compensation Table Total for PEO">682,880</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eecd--PeoActuallyPaidCompAmt_c20230101__20231231_zzYV0hQ2bEvi" style="text-align: right" title="Compensation Actually Paid to PEO">682,880</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_zE2cL9PmpRv3" style="text-align: right" title="Average Summary Compensation Table Total for Non-PEO">300,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_zlCldoEqzuM2" style="text-align: right" title="Average Compensation Actually Paid to Non-PEO">300,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eecd--TotalShareholderRtnAmt_c20230101__20231231_zWDwgI3Nzzff" style="text-align: right" title="Total Shareholder Return Amount">94</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--NetIncomeLoss_pp2p0_c20230101__20231231_zWWUsnWtBM7j" style="text-align: right" title="Net Income">(24.4</td><td style="text-align: left">)</td></tr> </table> 682880 682880 325000 325000 43

-3.1

683598 683598 322917 322917 30

-12.6

682880 682880 300000 300000 94

-24.4

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0"></td><td style="width: 1.5pc">(1)</td><td style="text-align: justify">Reflects compensation for our Chief Executive Officer, William O’Dowd, IV, who served as our Principal Executive Officer (PEO).</td></tr></table> William O’Dowd William O’Dowd William O’Dowd <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0"></td><td style="width: 1.5pc">(2)</td><td style="text-align: justify">Reflects compensation for our only other Named Executive Officer (NEO), Mirta A. Negrini, in each of these years. </td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0"></td><td style="width: 1.5pc">(3)</td><td style="text-align: justify">Reflects the value of an initial $100 fixed investment on December 31, 2022.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0"></td><td style="width: 1.5pc">(4)</td><td style="text-align: justify">Reflects GAAP net income (loss) in millions as reported in our Annual Report on Form 10-K for the relevant year. </td></tr></table> No adjustments were made to Summary Compensation Table total pay to calculate “compensation actually paid” for our PEO and other NEO. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">PEO</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other NEO</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Adjustments</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; text-align: left; padding-bottom: 1pt">Summary Compensation Table Total</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_eecd--PeoTotalCompAmt_c20230101__20231231_zM9yBCMEToKc" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Summary Compensation Table Total for PEO">682,880</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_987_eecd--PeoTotalCompAmt_c20240101__20241231_z4JAH8VLTES6" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Summary Compensation Table Total for PEO">683,598</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_981_eecd--PeoTotalCompAmt_c20250101__20251231_zomACm564rBd" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Summary Compensation Table Total for PEO">682,880</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_zQlPXYxm2ocl" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Average Summary Compensation Table Total for Non-PEO">300,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98E_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_z6TWwR1wX8g8" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Average Summary Compensation Table Total for Non-PEO">322,917</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98B_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_ztbhvitZ0vIa" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Average Summary Compensation Table Total for Non-PEO">325,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Compensation Actually Paid</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_981_eecd--PeoActuallyPaidCompAmt_c20230101__20231231_z6kmJdjrvMsf" style="border-bottom: Black 1pt solid; text-align: right" title="Compensation Actually Paid to PEO">682,880</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98D_eecd--PeoActuallyPaidCompAmt_c20240101__20241231_zoER8vcLWUKg" style="border-bottom: Black 1pt solid; text-align: right" title="Compensation Actually Paid to PEO">683,598</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98D_eecd--PeoActuallyPaidCompAmt_c20250101__20251231_zESz5C05AnG4" style="border-bottom: Black 1pt solid; text-align: right" title="Compensation Actually Paid to PEO">682,880</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_zs5H3SLUEcv3" style="border-bottom: Black 1pt solid; text-align: right" title="Average Compensation Actually Paid to Non-PEO">300,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zRS192kYER5c" style="border-bottom: Black 1pt solid; text-align: right" title="Average Compensation Actually Paid to Non-PEO">322,917</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98F_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_zWWpuhellbqb" style="border-bottom: Black 1pt solid; text-align: right" title="Average Compensation Actually Paid to Non-PEO">325,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> 682880 683598 682880 300000 322917 325000 682880 683598 682880 300000 322917 325000 Compensation Actually Paid Versus Company Performance The following charts provide a clear, visual description of the relationships between compensation actually paid (CAP) to our PEO and other NEO, to aspects of our financial performance. <img alt="" src="img_000.jpg" style="margin: 0pt; width: 8.15cm; height: 5.45cm"/> <img alt="" src="img_001.jpg" style="margin: 0pt; width: 8.04cm; height: 5.86cm"/>