Dolphin Entertainment, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $56.7M | $51.7M | $43.1M | $40.5M | $35.7M |
| Cost of revenue | $2.3M | $3.3M | $921,962 | $3.6M | $3.9M |
| Gross profit | $3.0M | $3.0M | $3.0M | $3 | $3.0M |
| Selling, general & administrative | $7.8M | $7.8M | $8.4M | $6.6M | $5.8M |
| Operating expenses | $56.7M | $62.2M | $63.2M | $45.1M | $41.2M |
| Operating income | -$39,058 | -$10.5M | -$20.1M | -$4.6M | -$5.5M |
| Interest expense | $2.2M | $2.1M | $2.1M | $864,814 | $785,209 |
| Pretax income | -$3.0M | -$12.5M | -$22.2M | -$4.4M | -$6.4M |
| Income tax expense | $69,362 | $87,854 | $53,504 | $176,981 | $37,356 |
| Net income | -$3.1M | -$12.6M | -$24.4M | -$4.8M | -$6.5M |
| Balance Sheet | |||||
| Cash and equivalents | $8.8M | $8.2M | $6.4M | $6.1M | $7.7M |
| Current assets | $24.0M | $20.1M | $20.7M | $23.9M | $18.3M |
| Total assets | $58.3M | $58.4M | $66.3M | $75.4M | $52.8M |
| Current liabilities | $28.5M | $26.5M | $27.5M | $25.3M | $15.0M |
| Total liabilities | $48.6M | $46.8M | $46.3M | $41.3M | $29.9M |
| Total debt | — | $5.1M | $5.1M | $5.0M | — |
| Stockholders' equity | $9.7M | $11.6M | $20.0M | $34.1M | $22.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$2.0M | -$157,851 | -$5.0M | -$4.0M | -$1.3M |
| Depreciation and amortization | $64,166 | $81,723 | $230,626 | $283,480 | $325,362 |
| Stock-based compensation | $12,399 | $364,650 | $354,961 | $215,528 | — |
| Capital expenditure | $1,117 | $1,512 | $28,995 | $72,198 | — |
| Free cash flow | -$2.0M | -$159,363 | -$5.0M | -$4.1M | — |
| Impairments | — | $190,565 | $3.0M | $906,337 | $0 |
Shares outstanding 13.0M
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.