XML 22 R5.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net sales $ 570,671 $ 691,042 $ 711,557
Cost of sales:      
Cost of goods [1] 385,591 478,021 488,204
Gross profit 185,080 213,021 223,353
Direct selling expenses 36,858 40,105 36,987
General and administrative expenses 133,460 132,840 126,893
Depreciation and amortization 544 392 366
Selling, general and administrative expense 170,862 173,337 164,246
Income from operations 14,218 39,684 59,107
Loss from joint ventures 0 0 (565)
Other income (expense), net 450 302 563
Change in fair value of preferred stock derivative liability 0 0 (8,029)
Loss on debt extinguishment (427) (1,023)
Interest income 995 841 1,344
Interest expense (471) (1,095) (6,451)
Income before provision for income taxes 14,765 39,732 44,946
Provision for income taxes 4,894 5,532 6,833
Net income 9,871 34,200 38,113
Net income (loss) attributable to non-controlling interests 0 280 (293)
Net income attributable to JAKKS Pacific, Inc. 9,871 33,920 38,406
Net income attributable to common stockholders [2] $ 9,871 $ 35,250 $ 36,904
Earnings per share - basic (in Dollars per share) $ 0.88 $ 3.27 $ 3.7
Shares used in earnings per share - basic (in Shares) 11,190,000 10,781,000 9,962,000
Earnings per share - diluted (in Dollars per share) $ 0.86 $ 3.14 $ 3.48
Shares used in earnings per share - diluted (in Shares) 11,491,000 11,226,000 10,590,000
Cost of Sales [Member]      
Cost of sales:      
Cost of goods $ 283,521 $ 361,563 $ 362,378
Royalty [Member]      
Cost of sales:      
Cost of goods 92,381 106,804 117,607
Amortization of tools and mold [Member]      
Cost of sales:      
Cost of goods $ 9,689 $ 9,654 $ 8,219
[1] Includes depreciation and amortization $10,123  $110  $10,233  $9,925  $121  $10,046  $8,409  $176  $8,585
[2] Net income attributable to common stockholders was computed by deducting the difference between the fair value of the consideration transferred to the holders of the preferred stock and the carrying amount of the preferred stock and fair value of the related derivative liability of $1.3 million for the year ended December 31, 2024 and the preferred stock dividend of $1.5 million for the year ended December 31, 2023 respectively.