Exhibit 99.1 KARTOON STUDIOS PROVIDES BUSINESS UPDATE CEO AND CFO PROVIDE GROUNDBREAKING AI ANIMATED EARNINGS UPDATE IN INTERVIEW WITH A.A. MILNE'S WINNIE THE POOH, AND TENTPOLE CHARACTERS 1 OVERALL REVENUE INCREASED YEAR-OVER-YEAR 21% IN 2025 TO $39.4 MILLION PRODUCTION SERVICES REVENUE INCREASED 50% YEAR-OVER-YEAR TO $26.8 MILLION KARTOON CHANNEL WATCH TIME SURGES 85% YEAR-OVER-YEAR, AMIDST RECORD SUBSCRIBERS AND BREAKOUT ENGAGEMENT ACROSS SVOD AND FAST PLATFORMS, AS GLOBAL DIGITAL DISTRIBUTION ECOSYSTEM ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 001-37950 KARTOON STUDIOS, INC. (Exact name of registrant as specified in its charter) Nevada 20-4118216 (St ...

Core Viewpoint - A class action lawsuit has been filed against Citadel Securities LLC and Virtu Americas LLC on behalf of investors who sold Genius Group Limited securities during the specified class period, alleging manipulative trading practices that artificially deflated the stock price [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for alleged violations of federal securities laws for all individuals and entities that sold Genius securities between April 12, 2022, and May 30, 2025 [2]. - The Complaint alleges that the Defendants engaged in manipulative trading practices, including a scheme known as "spoofing," which involved placing and canceling buy or sell orders without genuine intent [3][8]. - Defendants allegedly misled market participants about supply, demand, and volatility for Genius securities, creating a false impression of market dynamics [8]. Group 2: Legal Representation - Bronstein, Gewirtz & Grossman LLC represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful [4]. - The firm has a track record of recovering hundreds of millions of dollars for investors in securities fraud class actions and emphasizes restoring investor capital and ensuring corporate accountability [5].

Core Viewpoint - A class action lawsuit has been filed against Citadel Securities LLC and Virtu Americas LLC on behalf of investors who sold Genius Group Limited securities, alleging manipulative trading practices that artificially deflated the stock price [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for alleged violations of federal securities laws during the Class Period from April 12, 2022, to May 30, 2025 [2]. - The Complaint claims that the Defendants engaged in "spoofing," a trading scheme involving placing and canceling orders without intent to execute, misleading market participants about the true market dynamics of Genius securities [3]. - It is alleged that the Defendants profited by absorbing and reselling customer order flow at favorable prices while building significant short positions in Genius stock [3]. Group 2: Next Steps for Investors - Investors who sold Genius securities have until January 16, 2026, to request to be appointed as lead plaintiff in the case [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [6].

As filed with the Securities and Exchange Commission on November 19, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 KARTOON STUDIOS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Se ...

Financial Performance - Q3 2025 total revenue reached $9.9 million, reflecting a 13% year-over-year increase, and year-to-date revenue of $29.7 million, up 28%[12] - Mainframe Studios revenue surged 45% year-over-year and 65% year-to-date, driven by contracts with major clients like Sony, Disney, and SpinMaster[12] - The company reported a 10% improvement in loss from operations over the second quarter and a 32% improvement year-to-date compared to the prior year[12] - Kartoon Studios maintains a strong balance sheet with $27.1 million in current assets and $24.0 million in stockholders' equity at quarter-end[12] Subscriber Growth and Engagement - Kartoon Channel! achieved its strongest month ever in October 2025, with record highs in subscriber growth and total watch time[13] Financing and Investment - The company completed a $7.3 million financing with an institutional investor in October 2025, with potential to raise an additional $7.3 million through warrants[13] Production and Contracts - Multi-year production contracts extend through 2027, ensuring reliable revenue visibility[19] - The upcoming release of Hundred Acre Wood's Winnie & Friends is set for a Christmas Eve 2025 preview, with a full premiere in 2026[20] Licensing and Partnerships - The Stan Lee Universe continues to expand through licensing partnerships, leveraging a fan base of over 30 million worldwide[20] Innovation and Development - The company is actively developing its A.I. animation unit, which is expected to transform production capabilities and industry standards[6]

Revenue Performance - Production Services revenue for Q3 2025 was $7,105,000, a 45% increase from $4,898,000 in Q3 2024, driven by projects advancing in production stages [159]. - Total revenue for Q3 2025 reached $9,877,000, reflecting a 13% increase from $8,708,000 in Q3 2024 [159]. - Licensing and Royalties revenue surged by 97% in Q3 2025 to $73,000, up from $37,000 in Q3 2024, due to higher earnings from existing licensing agreements [161]. - Media Advisory and Advertising Services revenue decreased by 36% in Q3 2025 to $912,000, down from $1,425,000 in Q3 2024, attributed to lower client media spending [162]. - For the nine months ended September 30, 2025, Production Services revenue was $12,756,000, a 65% increase from $21,036,000 in the same period of 2024 [168]. - Total revenue for the nine months ended September 30, 2025 was $23,170,000, a 28% decrease from $29,660,000 in the same period of 2024 [168]. - Revenue from Content Distribution on AVOD and SVOD decreased by 18% to $5.5 million for the nine months ended September 30, 2025, compared to the same period in 2024 [169]. - Licensing and Royalties revenue increased by 3% to $3.4 million for the nine months ended September 30, 2025, driven by higher earnings from existing license deals [170]. - Media Advisory and Advertising services revenue decreased by 18% to $2.5 million for the nine months ended September 30, 2025, primarily due to lower client media purchases [171]. Expense Overview - Total expenses for Q3 2025 were $12,773,000, a 13% increase from $11,255,000 in Q3 2024 [163]. - Direct Operating Costs rose by 20% in Q3 2025 to $6,922,000, primarily due to increased salary costs and headcount in Production Services [165]. - Total expenses increased by 6% to $38.9 million for the nine months ended September 30, 2025, with a significant decrease in Marketing and Sales expenses by 45% to $0.6 million [172]. - Direct Operating Costs rose by 30% to $20.7 million for the nine months ended September 30, 2025, mainly due to increased salary costs related to new projects [173]. - General and Administrative expenses decreased by 11% to $17.6 million for the nine months ended September 30, 2025, attributed to lower professional fees and reduced salaries [174]. Financial Position - The company reported a net loss of $19.4 million for the nine months ended September 30, 2025, impacting cash used in operating activities of $11.8 million [179]. - As of September 30, 2025, the company had negative working capital of $5.4 million, a decrease of $6.6 million compared to December 31, 2024 [181]. - Cash and restricted cash decreased by $7.0 million to $1.4 million as of September 30, 2025, primarily due to cash used in operating activities [179]. - The company did not hold any available-for-sale marketable securities as of September 30, 2025, reflecting a decrease of $2.0 million since December 31, 2024 [180]. - As of September 30, 2025, total cash decreased to $0.9 million from $7.9 million as of September 30, 2024, representing a decline of approximately 88.6% [185]. - Net cash used in operating activities for the nine months ended September 30, 2025, was $(11,787) thousand, compared to $(1,127) thousand for the same period in 2024, indicating an increase in cash outflow of $10,660 thousand [186]. - Net non-cash expenses increased to $13.6 million for the nine months ended September 30, 2025, from $5.9 million in the prior year, primarily due to a $7.3 million loss on equity investment revaluation [187]. - Cash provided by investing activities decreased by $5.5 million, primarily due to a $4.2 million decrease in proceeds from sales and maturities of marketable securities [189]. - Cash provided by financing activities increased by $9.3 million, mainly due to a decrease in repayments of production facilities and margin loans totaling $10.1 million [190]. - The company has material cash requirements totaling approximately $32.8 million over the next five years, with $16.4 million due within one year [191]. - As of September 30, 2025, the company had $0.4 million in commitments for capital expenditures related to equipment leases [193]. Management Outlook - Management expresses substantial doubt about the company's ability to continue as a going concern for at least twelve months following the issuance of the financial statements [184]. - The company raised net proceeds of $6.6 million from the October Offerings, which closed on October 22, 2025, improving its cash position [184]. - The company plans to consider multiple alternatives to address capital needs, including the sale of equity or debt securities and strategic transactions [184]. - The company plans to expand its licensing programs utilizing its broader IP catalog starting in 2026 [152].

[Q2 2025 Earnings Release Highlights](index=1&type=section&id=Q2%202025%20Earnings%20Release%20Highlights) [Overall Performance Summary](index=1&type=section&id=Overall%20Performance%20Summary) Kartoon Studios achieved its fifth consecutive quarter of revenue growth in Q2 2025, with a 23% year-over-year increase, significant streaming viewership growth, and effective cost reductions, steadily progressing towards profitability by year-end 2025 - The company achieved its fifth consecutive quarter of revenue growth, with Q2 revenue increasing by **23% year-over-year**[2](index=2&type=chunk)[3](index=3&type=chunk) - Streaming viewership achieved triple-digit growth, with FAST viewership increasing by **221% year-over-year**[2](index=2&type=chunk)[3](index=3&type=chunk)[11](index=11&type=chunk) - G&A expenses saw a double-digit decrease, as the company advances towards its 2025 profitability target[2](index=2&type=chunk)[3](index=3&type=chunk) [CEO's Strategic Vision](index=2&type=section&id=CEO%27s%20Strategic%20Vision) CEO Andy Heyward emphasized the company's robust and scalable business model, driving margin expansion and accelerating sustained profitability through operational discipline, global expansion, and a strong content pipeline - The CEO emphasized the company's strong and scalable business model, driving margin expansion and accelerating sustained profitability through operational discipline, global reach, and content pipeline[4](index=4&type=chunk) - The company is executing its strategy and achieving continuous, profitable improvements, targeting profitability in 2025[4](index=4&type=chunk) [Q2 2025 Financial Performance](index=2&type=section&id=Q2%202025%20Financial%20Performance) [Key Financial Metrics](index=2&type=section&id=Key%20Financial%20Metrics) The company's Q2 total revenue reached $10.3 million, up 22.6% year-over-year and 8.2% quarter-over-quarter, with production services revenue growing 44.4% year-over-year, while operating loss narrowed by 31% year-over-year, reflecting improved operational efficiency Q2 2025 Key Financial Data | Metric | Amount/Change | Notes | | :--- | :--- | :--- | | **Total Revenue** | $10.3M | Q-o-Q +8.2%, Y-o-Y +22.6% | | **Production Services Revenue** | +44.4% YoY | Q-o-Q +12% | | **Operating Loss** | Narrowed 31% YoY | Reflects improved operational efficiency | | **G&A Expenses** | Down 10.1% YoY | Demonstrates cost control | | **Current Assets** | $25.5M | | | **Shareholders' Equity** | $29.7M | | | **Long-Term Debt** | None | | [Cost Control and Operating Efficiency](index=2&type=section&id=Cost%20Control%20and%20Operating%20Efficiency) Kartoon Studios achieved a 10.1% year-over-year decrease in G&A expenses and a 31% year-over-year reduction in operating loss in Q2 through stringent cost control, establishing an efficient cost structure to support profitable growth - G&A expenses decreased by **10.1% year-over-year**, and operating loss narrowed by **31% year-over-year**, demonstrating significant progress in cost control and operational efficiency[7](index=7&type=chunk)[13](index=13&type=chunk) - The company has established an efficient cost structure to support future profitable growth and maintains no long-term debt[13](index=13&type=chunk)[16](index=16&type=chunk) [CFO's Financial Commentary](index=5&type=section&id=CFO%27s%20Financial%20Commentary) CFO Brian Parisi highlighted Q2 as the company's fifth consecutive quarter of record revenue growth, driven by stringent cost control and zero long-term debt, emphasizing a business rebound with an efficient cost structure supporting profitable growth - The CFO emphasized Q2 as the company's fifth consecutive quarter of record revenue growth, attributed to stringent cost control and zero long-term debt[13](index=13&type=chunk) - The company's business has rebounded, supported by an efficient cost structure for profitable growth[13](index=13&type=chunk) - The company is committed to enhancing long-term shareholder value through share repurchases and open market purchases by management and board members, reflecting strong confidence in its strategic direction and business outlook[13](index=13&type=chunk) [Operational Achievements & Growth Drivers](index=2&type=section&id=Operational%20Achievements%20%26%20Growth%20Drivers) [Kartoon Channel! & Toon Media Networks](index=2&type=section&id=Kartoon%20Channel%21%20%26%20Toon%20Media%20Networks) Kartoon Channel! maintained its 1 ranking in the Apple App Store for kids' streaming apps and received an Amazon Operational Excellence Award, demonstrating strong user engagement and subscription momentum with significant growth in FAST viewership, Tubi watch time, and SVOD subscriptions [Streaming Performance & Ratings](index=2&type=section&id=Streaming%20Performance%20%26%20Ratings) Kartoon Channel! maintained its 1 ranking among kids' streaming apps in the Apple App Store, surpassing major competitors, while achieving significant quarter-over-quarter and year-over-year growth in FAST viewership, Tubi watch time, and app viewership, alongside seven consecutive months of SVOD subscription growth - Kartoon Channel! maintained its **1 Kids Streaming App rating** in the Apple App Store[5](index=5&type=chunk) Kartoon Channel! Streaming Key Metric Growth | Metric | Growth Rate | | :--- | :--- | | FAST Viewership | Q-o-Q +45%, Y-o-Y +221% | | Tubi Watch Time | Y-o-Y +50% | | Kartoon Channel App Viewership | Q-o-Q +26% | | SVOD Subscriptions | 7 consecutive months of growth | [Content Library & Awards](index=3&type=section&id=Content%20Library%20%26%20Awards) Kartoon Channel!'s content library expanded with popular IPs like 'Super Mario Bros.' and 'Pac-Man and the Ghostly Adventures,' alongside originals such as 'Shaq's Garage' and 'Stan Lee's Superhero Kindergarten,' earning an Amazon Operational Excellence Award for its performance on Prime Video - Kartoon Channel! content library added popular IPs including *Super Mario Bros.* and *Pac-Man and the Ghostly Adventures*, alongside original productions such as *Shaq's Garage* and *Stan Lee's Superhero Kindergarten*[8](index=8&type=chunk) - Kartoon Studios received the Amazon Operational Excellence Award, validating its performance on Prime Video[11](index=11&type=chunk) [Mainframe Studios Production Services](index=4&type=section&id=Mainframe%20Studios%20Production%20Services) Mainframe Studios' revenue grew 44% year-over-year, driven by strong demand from top global partners like Netflix, Mattel, and Disney, with over 90% of 2025 projected revenue secured by contracts extending into 2026 and 2027, ensuring future revenue visibility - Mainframe Studios revenue increased by **44% year-over-year**, driven by strong demand from top global partners including Netflix, Mattel, and Disney[12](index=12&type=chunk) - Over **90% of 2025 projected revenue** is secured by contracts, with production agreements extending into 2026 and 2027, ensuring strong future visibility[12](index=12&type=chunk) - Current production projects include notable titles such as *SuperKitties*, *Unicorn Academy*, *Phoebe & Jay*, *Barbie*, and *It's Andrew*[13](index=13&type=chunk) [Intellectual Property (IP) Pipeline](index=3&type=section&id=Intellectual%20Property%20%28IP%29%20Pipeline) The company plans to launch several key IPs in H2 2025, including 'Hundred Acre Wood/Winnie the Pooh & Friends' Christmas special (premiering December 24, 2025) and 'Stan Lee's The Excellence' graphic novel (Q4 2025 release), with TV and audio versions also in development [Upcoming Launches](index=4&type=section&id=Upcoming%20Launches) Kartoon Studios plans to launch several key IPs in H2 2025, including the 'Hundred Acre Wood/Winnie the Pooh & Friends' Christmas special by Linda Woolverton and John Rivoli, and 'Stan Lee's The Excellence' graphic novel by Michael Uslan and Aaron Waltke, with TV and audio versions in development for a Q4 2025 release - The *Hundred Acre Wood/Winnie the Pooh & Friends* Christmas special will debut on **December 24, 2025**, commemorating the 100th anniversary of A.A. Milne's *Winnie the Pooh*[9](index=9&type=chunk) - *Stan Lee's The Excellence* graphic novel will debut in **Q4 2025**, with TV and audio versions currently in development[12](index=12&type=chunk) [Outlook and Strategic Initiatives](index=5&type=section&id=Outlook%20and%20Strategic%20Initiatives) [Path to Profitability](index=5&type=section&id=Path%20to%20Profitability) Kartoon Studios is confidently progressing towards profitability by year-end, leveraging Mainframe Studios' rapidly expanding production capabilities, an enhanced banking relationship with National Bank of Canada, and multiple high-potential franchise launches planned for 2025 - The company is confidently moving towards profitability by year-end, driven by Mainframe Studios' expanding production capabilities, collaboration with the National Bank of Canada, and multiple franchise projects in 2025[15](index=15&type=chunk) - The company is expanding various monetization channels, including licensing, streaming, advertising, and digital platforms, while delivering globally relevant children's content[15](index=15&type=chunk) [Shareholder Value & Capital Structure](index=5&type=section&id=Shareholder%20Value%20%26%20Capital%20Structure) The company is committed to driving long-term shareholder value through share repurchase activities and open market purchases by management and board members, reflecting strong confidence in its strategic direction and business outlook, while maintaining a healthy capital structure with zero long-term debt - The company is committed to enhancing long-term shareholder value through share repurchases and open market purchases by management and board members, indicating strong confidence in its strategic direction and business outlook[13](index=13&type=chunk) - The company maintains a healthy capital structure with zero long-term debt[13](index=13&type=chunk)[16](index=16&type=chunk) [About Kartoon Studios](index=6&type=section&id=About%20Kartoon%20Studios) Kartoon Studios (NYSE AMERICAN: TOON) is a global leader in children's and family entertainment, offering premium content and high-value IP, operating Mainframe Studios, and maintaining Kartoon Channel! as the 1 kids' streaming app in the Apple App Store with global distribution - Kartoon Studios is a global leader in children's and family entertainment, owning globally recognized brands such as *Stan Lee's Superhero Kindergarten* and *Shaq's Garage*[17](index=17&type=chunk) - The company controls Stan Lee Universe and operates Mainframe Studios, one of North America's largest animation production companies, having delivered over **22,000 minutes** of award-winning programming[17](index=17&type=chunk) - Through its Toon Media Networks division, the company reaches global audiences via linear television, AVOD, SVOD, FAST channels, and top streaming platforms, with Kartoon Channel! consistently rated as the **1 Kids Streaming App** in the Apple App Store[18](index=18&type=chunk) [Forward-Looking Statements](index=6&type=section&id=Forward-Looking%20Statements) This press release contains 'forward-looking statements' under federal securities laws, covering the company's path to 2025 profitability, business model strength, operational efficiency, IP launch plans, cost structure, shareholder value drivers, and global expansion capabilities - Forward-looking statements cover the company's 2025 profitability target, business model strength, operational efficiency, IP launch plans, cost structure, shareholder value drivers, and global expansion capabilities[19](index=19&type=chunk) - These statements are based on current estimates and assumptions, subject to various risks and uncertainties, including the ability to sustain growth and profitability, secure additional financing, changes in economic and market conditions, competitive pressures, and intellectual property protection[19](index=19&type=chunk) - The company disclaims any obligation to update or revise forward-looking statements, except as required by law[19](index=19&type=chunk) [Contacts](index=6&type=section&id=Contacts) Provides contact information for media and investor relations - Media contact email: pr@kartoonstudios.com[20](index=20&type=chunk) - Investor Relations contact email: ir@kartoonstudios.com[20](index=20&type=chunk)

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 001-37950 KARTOON STUDIOS, INC. (Exact name of registrant as specified in its charter) Registrant's tele ...

Financial Performance - Total revenue increased by 56.4% year-over-year, reaching $9.5 million for Q1 2025[22] - Operating loss improved by 51.1% year-over-year and 11.9% sequentially[4] - General and administrative expenses were reduced by 24.9%[4] Revenue Sources - Production services revenue surged by 137.9% compared to the prior year quarter[4] - Mainframe Studios achieved profitability, with over 90% of its 2025 budget revenue already under contract[4] Audience and Market Reach - Kartoon Channel! remains the 1 kids' streaming app in the Apple App Store, with watch time more than doubling year-over-year[12] - The platform now has a global reach of over 1.5 billion potential viewers across 61+ countries[12] Future Growth and Initiatives - Upcoming franchises include "A Hundred Acre Woods' Winnie & Friends" and "Stan Lee's The Excelsiors," expected to contribute significantly by year-end[4] - Kartoon Studios is on track for company-wide profitability by Q4 2025, leveraging IP-driven content and scaling monetization[21] - The company maintains a debt-free balance sheet, supporting its strategic investment and growth initiatives[20]