Kartoon Studios Files S-1/A Amendment

TL;DR

Kartoon Studios (fka Genius Brands) filed an S-1/A amendment. SEC stuff.

AI Summary

Kartoon Studios, Inc. filed an S-1/A amendment on October 18, 2024, for its registration statement. The company, formerly known as Genius Brands International, Inc. and Pacific Entertainment Corp, is incorporated in Nevada and operates in motion picture and video tape production. The filing details its business address and phone number.

Why It Matters

This filing is an amendment to Kartoon Studios' registration statement, indicating ongoing efforts to comply with SEC regulations for public offerings or reporting requirements.

Risk Assessment

Risk Level: medium — S-1/A filings often relate to significant corporate actions like stock offerings or changes in reporting status, which can carry inherent market risks.

Key Numbers

• 333-282385 — SEC File Number (Identifies the specific SEC registration file)
• 241381062 — Film Number (Internal SEC processing number)

Key Players & Entities

• Kartoon Studios, Inc. (company) — Registrant
• Genius Brands International, Inc. (company) — Former company name
• Pacific Entertainment Corp (company) — Former company name
• Nevada (jurisdiction) — State of incorporation
• 7812 (SIC_code) — Standard Industrial Classification
• 20-4118216 (IRS_number) — IRS Employer Identification No.
• 190 N. Canon Drive, 4th Fl Beverly Hills, CA 90210 (address) — Business address
• 310-273-4222 (phone_number) — Business phone
• October 18, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.001 — 0 shares of our common stock, par value $0.001 (the "Common Stock"). The assumed publi
• $0 — price for each share of Common Stock is $0.80, which was the closing price of our
• $0.80 — r Common Stock on the NYSE American was $0.80 per share. The actual public offering p
• $77.1 million — 023 and 2022, we reported net losses of $77.1 million and $45.6 million, respectively and for
• $45.6 m — eported net losses of $77.1 million and $45.6 million, respectively and for the six mon
• $13.0 million — 024 and 2023, we reported net losses of $13.0 million and $36.3 million, respectively. We rep
• $36.3 m — eported net losses of $13.0 million and $36.3 million, respectively. We reported net ca
• $16.1 million — et cash used in operating activities of $16.1 million and $25.9 million for the years ended D
• $25.9 million — erating activities of $16.1 million and $25.9 million for the years ended December 31, 2023 a
• $2.7 million — ber 31, 2023 and 2022, respectively and $2.7 million and $10.6 million for the six months en
• $10.6 million — 2022, respectively and $2.7 million and $10.6 million for the six months ended June 30, 2024
• $731.5 — 2024, we had an accumulated deficit of $731.5 and total stockholders' equity of $44.4
• $44.4 million — 731.5 and total stockholders' equity of $44.4 million. As of June 30, 2024, we had current as
• $38.8 m — June 30, 2024, we had current assets of $38.8 million, including cash of $2.7 million a
• $6.5 m — .7 million and marketable securities of $6.5 million, and current liabilities of $33.6

Filing Documents

• kartoon_s1a1.htm (S-1/A) — 388KB
• kartoon_ex0101.htm (EX-1.1) — 105KB
• kartoon_ex0410.htm (EX-4.10) — 114KB
• kartoon_ex0411.htm (EX-4.11) — 115KB
• kartoon_ex0501.htm (EX-5.1) — 17KB
• kartoon_ex0501b.htm (EX-5) — 16KB
• kartoon_ex1025.htm (EX-10.25) — 205KB
• kartoon_ex2301.htm (EX-23.1) — 2KB
• kartoon_ex2302.htm (EX-23.2) — 2KB
• kartoon_ex107.htm (EX-FILING FEES) — 21KB
• image_002.jpg (GRAPHIC) — 4KB
• image_085.jpg (GRAPHIC) — 2KB
• 0001683168-24-007227.txt ( ) — 1377KB
• toon-20241018.xsd (EX-101.SCH) — 3KB
• toon-20241018_lab.xml (EX-101.LAB) — 33KB
• toon-20241018_pre.xml (EX-101.PRE) — 22KB
• kartoon_s1a1_htm.xml (XML) — 3KB

USE OF PROCEEDS

USE OF PROCEEDS 11 DIVIDEND POLICY 12 CAPITALIZATION 13

DILUTION

DILUTION 15 DESCRIPTION OF OUR CAPITAL STOCK 17

DESCRIPTION OF SECURITIES WE ARE OFFERING

DESCRIPTION OF SECURITIES WE ARE OFFERING 22 MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 24 PLAN OF DISTRIBUTION 30 LEGAL MATTERS 33 EXPERTS 33 WHERE YOU CAN FIND ADDITIONAL INFORMATION 33 INCORPORATION OF CERTAIN INFORMATION BY REFERENCE 34 i ABOUT THIS PROSPECTUS You should rely only on the information that we have provided or incorporated by reference in this prospectus. We have not authorized anyone to provide you with different or additional information. If anyone provides you with different or additional information, you should not rely on it. You should assume that the information in this prospectus is accurate only as of the date on the cover of the document and that any information we have incorporated by reference is accurate only as of the date of the document incorporated by reference, regardless of the time of delivery of this prospectus or any sale of a security. Our business, financial condition, results of operations and prospects may have changed since those dates. We urge you to carefully read this prospectus, together with the information incorporated herein by reference as described under the heading " Where You Can Find Additional Information ." In this prospectus, unless otherwise specified or the context requires otherwise, we use the terms "Company," "we," "us" and "our" or similar references to refer to Kartoon Studios, Inc., a Nevada corporation, together with its consolidated subsidiaries. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This prospectus and the documents incorporated by reference into this prospectus include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, that relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual re

View Full Filing

View this S-1/A filing on SEC EDGAR