Dolphin Entertainment, Inc.

Dolphin Entertainment reported a net loss of $2.69 million for the first quarter of 2026, an increase from $2.33 million in the prior year. Revenues grew to $12.80 million, up from $12.17 million, driven by strong performance in the Content Production segment. The company also saw an increase in operating expenses and a larger net cash outflow from operating activities.

Dolphin Entertainment reported a 5.2% year-over-year increase in Q1 2026 revenue to $12.8 million, while its Adjusted EBITDA loss improved by 25% to $(467,000). Despite an increase in operating and net losses, the company highlighted its strong positioning for future free cash flow generation, supported by strategic partnerships, upcoming debt maturity, and lease savings. Management expressed confidence in continued growth and profitability.

Dolphin Entertainment, Inc. filed an Amendment No. 1 to its Form 10-K, primarily to correct the Audit Report date and restate sections related to corporate governance, executive compensation, and related party transactions. The amendment details the compensation for CEO William O'Dowd ($682,880 in 2025) and CFO Mirta A. Negrini ($325,000 in 2025), and outlines new compensation for non-employee directors. It also provides updated information on beneficial ownership and significant related party transactions involving the CEO and his brother.