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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Error Corrections and Prior Period Adjustments

			As of June 30, 2022
			As Previously Reported						Adjustments						As Restated
Total Assets			(in thousands)
Goodwill			$	36,720					1,667						$	38,387
Total Assets			$	272,342					1,667						$	274,009
Total Liabilities
Deferred Tax Liability			$	–					1,667						$	1,667
Total Liabilities			$	129,255					1,667						$	130,922
			As of September 30, 2022
			As Previously Reported						Adjustments						As Restated
			(in thousands)
Total Assets
Goodwill			$	35,748					1,667						$	37,415
Total Assets			$	253,991					1,667						$	255,658
Total Liabilities
Deferred Tax Liability			$	–					1,667						$	1,667
Total Liabilities			$	125,533					1,667						$	127,200
			As of December 31, 2022
			As Previously Reported						Adjustments						As Restated
			(in thousands)
Total Assets
Goodwill			$	31,807					1,667						$	33,474
Total Assets			$	237,918					1,667						$	239,585
Total Liabilities
Deferred Tax Liability			$	705					1,667						$	2,372
Total Liabilities			$	125,049					1,667						$	126,716
			As of March 31, 2023
			As Previously Reported						Adjustments						As Restated
			(in thousands)
Total Assets
Goodwill			$	20,520					1,667						$	22,187
Total Assets			$	196,560					1,667						$	198,227
Total Liabilities
Deferred Tax Liability			$	705					733						$	1,438
Total Liabilities			$	105,213					733						$	105,946

Stockholders' Equity
Accumulated Deficit			$	(666,205)					934						$	(665,271)
Total Stockholders' Equity			$	91,347					934						$	92,281
			Three Months Ended March 31, 2023
			As Previously Reported						Adjustments						As Restated
			(in thousands, except share and per share data)
Net Loss Attributable to Kartoon Studios, Inc.
Income Tax Benefit (Expense)			$	–					934						$	934
Net Loss			$	(24,793)					934						$	(23,859)
Net Loss Attributable to Kartoon Studios, Inc.			$	(24,762)					934						$	(23,828)
Net Loss per Share (Basic)			$	(0.77)					0.03						$	(0.74)
Net Loss per Share (Diluted)			$	(0.77)					0.03						$	(0.74)
Weighted Average Shares Outstanding (Basic)			31,978,335												31,978,335
Weighted Average Shares Outstanding (Diluted)			31,978,335												31,978,335
			As of June 30, 2023
			As Previously Reported						Adjustments						As Restated
			(in thousands)
Total Assets
Goodwill			$	20,852					1,667						$	22,519
Total Assets			$	177,983					1,667						$	179,650
Total Liabilities
Deferred Tax Liability			$	–					1,438						$	1,438
Total Liabilities			$	90,470					1,438						$	91,908
Stockholders' Equity
Additional Paid-in-Capital			$	773,377					(3,510)						$	769,867
Accumulated Deficit			$	(681,435)					3,739						$	(677,696)
Total Stockholders' Equity			$	87,513					229						$	87,742
			Three Months Ended June 30, 2023
			As Previously Reported						Adjustments						As Restated
			(in thousands, except share and per share data)
Net Loss Attributable to Kartoon Studios, Inc.
Other Income (Expense)			$	(6,368)					3,510						$	(2,858)
Income Tax Benefit (Expense)			$	705					(705)						$	–
Net Loss			$	(15,246)					2,805						$	(12,441)
Net Loss Attributable to Kartoon Studios, Inc.			$	(15,230)					2,805						$	(12,425)
Net Loss per Share (Basic)			$	(0.47)					0.09						$	(0.38)
Net Loss per Share (Diluted)			$	(0.47)					0.09						$	(0.38)

Weighted Average Shares Outstanding (Basic)			32,379,852												32,379,852
Weighted Average Shares Outstanding (Diluted)			32,379,852												32,379,852
			Six Months Ended June 30, 2023
			As Previously Reported						Adjustments						As Restated
			(in thousands, except share and per share data)
Net Loss Attributable to Kartoon Studios, Inc.
Other Income (Expense)			$	(8,080)					3,510						$	(4,570)
Income Tax Benefit (Expense)			$	705					229						$	934
Net Loss			$	(40,039)					3,739						$	(36,300)
Net Loss Attributable to Kartoon Studios, Inc.			$	(39,992)					3,739						$	(36,253)
Net Loss per Share (Basic)			$	(1.24)					0.12						$	(1.12)
Net Loss per Share (Diluted)			$	(1.24)					0.12						$	(1.12)
Weighted Average Shares Outstanding (Basic)			32,180,202												32,180,202
Weighted Average Shares Outstanding (Diluted)			32,180,202												32,180,202
			As of September 30, 2023
			As Previously Reported						Adjustments						As Restated
			(in thousands)
Total Assets
Goodwill			$	20,569					1,667						$	22,236
Total Assets			$	136,174					1,667						$	137,841
Total Liabilities
Deferred Tax Liability			$	–					1,438						$	1,438
Total Liabilities			$	62,163					1,438						$	63,601
Stockholders' Equity
Additional Paid-in-Capital			$	773,885					(3,510)						$	770,375
Accumulated Deficit			$	(696,911)					3,739						$	(693,172)
Total Stockholders' Equity			$	74,011					229						$	74,240
			Nine Months Ended September 30, 2023
			As Previously Reported						Adjustments						As Restated
			(in thousands, except share and per share data)
Net Loss Attributable to Kartoon Studios, Inc.
Other Income (Expense)			$	(10,293)					3,510						$	(6,783)
Income Tax Benefit (Expense)			$	705					229						$	934
Net Loss			$	(55,551)					3,739						$	(51,812)
Net Loss Attributable to Kartoon Studios, Inc.			$	(55,468)					3,739						$	(51,729)
Net Loss per Share (Basic)			$	(1.67)					0.11						$	(1.56)
Net Loss per Share (Diluted)			$	(1.67)					0.11						$	(1.56)

Weighted Average Shares Outstanding (Basic)			33,160,228												33,160,228
Weighted Average Shares Outstanding (Diluted)			33,160,228												33,160,228

Schedule of Marketable Security Measured at Fair Value

The following table summarizes the marketable securities measured at fair value on a recurring basis by level within the fair value hierarchy as of December 31, 2023 (in thousands):

			Level 1						Level 2						Total Fair Value
Investments in Marketable Securities:
Corporate Bonds			$	5,908					$	–					$	5,908
U.S. Treasury			609						–						609
U.S. agency and government sponsored securities			–						1,852						1,852
U.S. states and municipalities			–						3,581						3,581
Total			$	6,517					$	5,433					$	11,950

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Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

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Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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-Name Accounting Standards Codification
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