Quarterly ResultAug 12, 2026, 05:41 PM
Dolphin Entertainment Q2 Net Loss Widens to $1.61M
AI Summary
Dolphin Entertainment, Inc. reported a widening net loss for the second quarter and first half of 2026, despite a modest increase in revenues. The company's net loss for Q2 2026 grew to $1.61 million from $1.41 million in Q2 2025, while year-to-date net loss reached $4.30 million compared to $3.74 million in the prior year. Revenues for the quarter increased by 2.5% to $14.44 million, and year-to-date revenues rose by 3.8% to $27.25 million, primarily driven by its Entertainment Publicity and Marketing segment. The company also saw a significant increase in cash used in operating activities and a decrease in total stockholders' equity.
Key Highlights
- Q2 2026 net loss widened to $1.61 million from $1.41 million in Q2 2025.
- Year-to-date net loss increased to $4.30 million from $3.74 million in H1 2025.
- Q2 2026 revenues rose 2.5% to $14.44 million from $14.09 million in Q2 2025.
- Year-to-date revenues increased 3.8% to $27.25 million from $26.26 million in H1 2025.
- Net cash used in operating activities for H1 2026 was $2.20 million, up from $0.20 million in H1 2025.
- Total stockholders' equity decreased to $6.22 million as of June 30, 2026, from $9.69 million at year-end 2025.
- Converted $0.81 million in convertible notes into 795,839 common shares in H1 2026.
- Issued $0.85 million in new convertible notes during H1 2026, plus an additional $0.10 million in August 2026.
Price Impact
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