{"id":1702885,"date":"2026-04-13T19:09:39","date_gmt":"2026-04-13T19:09:39","guid":{"rendered":"https:\/\/celebrity.land\/pt\/?p=1702885"},"modified":"2026-04-13T19:09:39","modified_gmt":"2026-04-13T19:09:39","slug":"kustom-entertainment-cuts-2025-net-loss-by-11-9m","status":"publish","type":"post","link":"https:\/\/celebrity.land\/pt\/kustom-entertainment-cuts-2025-net-loss-by-11-9m\/","title":{"rendered":"Kustom Entertainment cuts 2025 net loss by $11.9M"},"content":{"rendered":"\n
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2026-04-13
\n 2026-04-13<\/p>\n

iso4217:USD<\/p>\n

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\n iso4217:USD<\/p>\n

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<\/p>\n

\u00a0<\/b><\/span><\/p>\n

UNITED
\nSTATES<\/b><\/span><\/p>\n

SECURITIES
\nAND EXCHANGE COMMISSION<\/b><\/span><\/p>\n

Washington,
\nD.C. 20549<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

FORM
\n8-K<\/span><\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

CURRENT
\nREPORT<\/b><\/span><\/p>\n

Pursuant
\nto Section 13 or Section 15(d) of the Securities Exchange Act of 1934<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Date
\nof Report (Date of earliest event reported): April 13, 2026<\/span><\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

KUSTOM
\nENTERTAINMENT, INC.<\/span><\/b><\/span><\/p>\n

(Exact
\nname of registrant as specified in its charter)<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n
Nevada<\/span><\/b><\/span><\/td>\n\u00a0<\/span><\/td>\n001-33899<\/span><\/b><\/span><\/td>\n\u00a0<\/span><\/td>\n20-0064269<\/span><\/b><\/span><\/td>\n<\/tr>\n
\n

(State
\n or other jurisdiction of<\/b><\/span><\/p>\n

incorporation
\n or organization)<\/b><\/span><\/p>\n<\/td>\n

\u00a0<\/span><\/td>\n\n

(Commission<\/b><\/span><\/p>\n

File
\n Number)<\/b><\/span><\/p>\n<\/td>\n

\u00a0<\/span><\/td>\n\n

(I.R.S.
\n Employer<\/b><\/span><\/p>\n

Identification
\n Number)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

6366
\nCollege Blvd.<\/span>, Overland Park<\/span>, KS<\/span> 66211<\/span><\/b><\/span><\/p>\n

(Address
\nof Principal Executive Offices) (Zip Code)<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

(913)<\/span>
\n814-7774<\/span><\/b><\/span><\/p>\n

(Registrant\u2019s
\ntelephone number, including area code)<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Check
\nthe appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
\nany of the following provisions:<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n
\u2610<\/span><\/span><\/td>\nWritten
\n communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
\u2610<\/span><\/span><\/td>\nSoliciting
\n material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
\u2610<\/span><\/span><\/td>\nPre-commencement
\n communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
\u2610<\/span><\/span><\/td>\nPre-commencement
\n communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Securities
\nregistered pursuant to Section 12(b) of the Act:<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n
Title
\n of each class<\/span><\/td>\n		\u00a0<\/span><\/td>\nTrading
\n Symbol(s)<\/span><\/td>\n		\u00a0<\/span><\/td>\nName
\n of each exchange on which registered<\/span><\/td>\n<\/tr>\n
Common
\n Stock, $0.001 par value<\/span><\/span><\/td>\n		\u00a0<\/span><\/td>\nKUST<\/span><\/span><\/td>\n\u00a0<\/span><\/td>\nThe
\n Nasdaq<\/span> Capital Market<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Indicate
\nby check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (\u00a7230.405
\nof this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (\u00a7240.12b-2 of this chapter).<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Emerging
\ngrowth company \u2610<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

If
\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. \u2610<\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n\n\n
Item\u20092.02<\/b><\/span><\/td>\nResults
\n of Operations and Financial Condition.<\/b><\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/b><\/span><\/p>\n

The
\ninformation under Item 7.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.02.<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n
Item\u20097.01<\/b><\/span><\/td>\nRegulation
\n FD Disclosure.<\/b><\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

On
\nApril 13, 2026, Kustom Entertainment, Inc. (the \u201cCompany\u201d) issued a press release announcing its financial results for the
\nfourth quarter and year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report
\non Form 8-K and is incorporated herein by reference.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The
\ninformation in Items 2.02 and 7.01 of this Current Report on Form 8-K (including Exhibit 99.1 attached hereto) is being furnished and
\nshall not be deemed \u201cfiled\u201d for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the \u201cExchange
\nAct\u201d), or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference into any filing
\nby the Company, under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference
\nin such filing.<\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n\n\n
Item
\n 9.01. <\/b><\/span><\/td>\n		Financial
\n Statements and Exhibits.<\/b><\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

(d)
\nExhibits.<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n
Exhibit<\/p>\n

Number<\/b><\/span><\/td>\n

\u00a0<\/span><\/td>\nDescription<\/b><\/span><\/td>\n<\/tr>\n
99.1<\/span><\/span><\/td>\n\u00a0<\/span><\/td>\nPress Release dated April 13, 2026.<\/span><\/span><\/span><\/td>\n<\/tr>\n
104<\/span><\/td>\n\u00a0<\/span><\/td>\nCover
\n Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL).<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/b><\/span><\/p>\n

SIGNATURE<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Pursuant
\nto the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
\nthe undersigned hereunto duly authorized.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Dated:
\nApril 13, 2026<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n
Kustom
\n Entertainment, Inc.<\/b><\/span><\/td>\n		\u00a0<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
By:<\/span><\/td>\n\/s\/
\n Stanton E. Ross<\/i><\/span><\/td>\n		\u00a0<\/span><\/td>\n<\/tr>\n
Name:<\/span><\/td>\nStanton
\n E. Ross<\/span><\/td>\n		\u00a0<\/span><\/td>\n<\/tr>\n
Title:<\/span><\/td>\nChairman,
\n President and Chief Executive Officer<\/span><\/td>\n		\u00a0<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n


\n<\/p>\n

<\/p>\n

\n

\u00a0<\/span><\/p>\n

Exhibit
\n99.1<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Kustom
\nEntertainment, Inc. Reports Significant Financial Improvements for Fiscal Year 2025 and Files Annual Report on Form 10-K<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Company
\nHighlights $11.9 Million Improvement in Net Loss, Strategic Divestiture of Non-Core Assets, and Forbes Recognition for TicketSmarter<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

OVERLAND
\nPARK, KS \u2013 April 13, 2026 \u2013 Kustom Entertainment, Inc. (NASDAQ: KUST) (\u201cKustom\u201d or the \u201cCompany\u201d),
\n<\/b>a leader in live entertainment and digital ticketing, today announced its financial results for the fiscal year ended December 31,
\n2025. The Company also confirmed the filing of its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission (SEC).<\/span><\/p>\n

\u00a0<\/span><\/p>\n

2025
\nmarked a transformative year for Kustom, characterized by a sharp reduction in net losses, the successful divestiture of non-core business
\nsegments, and a concentrated strategic pivot toward the $100 billion global live entertainment market.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Financial
\nHighlights for Fiscal Year 2025<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n
\n\u25cf<\/td>\nRevenue
\n Growth: Total revenues from continuing operations rose to approximately $13,755,000, an increase
\n of $235,000 year-over-year.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nOperating
\n Efficiency: Selling, General, and Administrative (SG&A) expenses improved by $2,275,000
\n year-over-year to approximately $12,230,000 in 2025. This improvement was achieved despite
\n a one-time, non-cash charge of $2,535,000 for goodwill and intangible asset impairment during
\n 2025.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nNon-Operating
\n Income: Non-operating income increased by $11,440,000 year over year. This was driven primarily
\n by a $4,575,000 improvement in the fair value of warrant derivative liabilities and a $2,715,000
\n reduction in interest expense.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nBottom
\n Line Improvement: Net loss from continuing operations improved by approximately $11,945,000
\n to $5,955,000 compared to $17,900,000 for the prior fiscal year.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nBalance
\n sheet: Total stockholders\u2019 equity increased $11.4 million and net working capital position
\n improved by $17.9 million year over year.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

Strategic
\nPivot & Asset Divestitures<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Kustom
\nis successfully executing its strategy to exit legacy business lines to focus exclusively on entertainment and proprietary ticketing.<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n
\n\u25cf<\/td>\nThe
\n Company recently changed its name to Kustom Entertainment, Inc. further emphasizing its new
\n strategy and focus.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nRevenue
\n Cycle Management (RCM): The Company closed the sale of its medical billing RCM business effective
\n January 1, 2026. This segment accounted for losses of $1,405,000 in 2025 and $3,820,000 in
\n 2024.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nLegacy
\n Video Solutions: Kustom has entered into a non-binding Memorandum of Understanding (MOU)
\n to sell its legacy video solutions division to Cycurion, Inc. (NASDAQ: CYCU). If finalized,
\n the transaction is expected to be valued between $6.0 million and $8.5 million, further streamlining
\n Kustom\u2019s balance sheet.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Forbes
\nRecognition for TicketSmarter<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

On
\nFebruary 6, 2026, Forbes Advisor named TicketSmarter a \u201cBest Resale Site for Tickets.\u201d The expert review specifically lauded
\nthe platform\u2019s:<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n
\n\u25cf<\/td>\nPricing
\n Transparency: Clear communication of total costs, including fees, prior to checkout.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nBuyer
\n Protections: A 100% Ticket Guarantee ensuring valid tickets or full refunds.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nSeller-Friendly
\n Terms: Commissions as low as 10% for returning sellers.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nMassive
\n Reach: Listing visibility across thousands of websites via partner networks.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

\u201cWe
\nare honored to receive this recognition from Forbes Advisor, which serves as a powerful validation of our fan-first philosophy,\u201d
\nsaid Stanton Ross, CEO of Kustom Entertainment. \u201cAs we continue our strategic pivot to focus exclusively on live events and proprietary
\nticketing, recognitions like this underscore the value TicketSmarter provides. We remain committed to providing a secure, transparent,
\nand seamless experience for the 125,000+ events we support across North America.\u201d<\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

2026
\nCountry Stampede Music Festival Lineup<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Kustom
\nis proud to announce the full lineup for the 2026 Country Stampede Music Festival, celebrating its 30th anniversary on June 25\u201327,
\n2026, at the Azura Amphitheater in Bonner Springs, KS.<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n
\n\u25cf<\/td>\nHeadliners:
\n Rascal Flatts, Zach Top (2025 CMA New Artist of the Year), and Treaty Oak Revival.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nMain
\n Stage Support: Scotty McCreery, Wyatt Flores, Tracy Lawrence, Diamond Rio, Jerrod Niemann,
\n Lanie Gardner, Presley & Taylor, and The Wilder Blue.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nExpanded
\n Experience: The 2026 festival includes a downtown Bonner Springs pre-party, late-night after-parties,
\n and the \u201cBattle of the Bands\u201d finale was in March to determine the opening act
\n for the Main Stage. The battle of the bands winner was Isaac Cole, and he will be opening
\n the festival on the main stage on Thursday June 25th<\/sup>.<\/span><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n\u25cf<\/td>\nWe
\n also have a Kickoff Party at Hollywood Casino on Wednesday June 24th, <\/sup>and nightly
\n after parties as soon as the main stage ends.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

\u201cKustom
\nEntertainment isn\u2019t just another production company. We pour into each community we visit,\u201d said Matt Tholen, Vice President
\nof Operations. \u201cThe 2026 lineup shows how we blend strong headliners, solid support, and real opportunities for emerging artists
\nto build a festival that serves everyone involved.\u201d<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Tickets,
\ncamping, and VIP experiences are available now at www.CountryStampede.com<\/u>.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

About
\nKustom Entertainment, Inc.<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Kustom
\nEntertainment, Inc. is a leader in live event production and ticketing technology, specializing in large-scale music festivals and end-to-end
\nevent management. Its flagship event, Country Stampede, is held annually during June at the Azura Amphitheater in Bonner Springs, Kansas.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The
\nCompany also maintains a legacy segment engaged in video solution technology (in-car and body-worn cameras) for law enforcement and security,
\ncurrently integrating artificial intelligence to enhance its specialized product lines.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

For
\nadditional information, please visit www.kustoment.com<\/u> and www.digitalally.com<\/u>.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Forward-Looking
\nStatements<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Statements
\nmade in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private
\nSecurities Litigation Reform Act of 1995 and are based on management\u2019s current expectations and assumptions and are subject to
\nrisks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results,
\nfinancial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking
\nstatements, which are based on the information currently available to us and speak only as of today\u2019s date. All statements other
\nthan statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks,
\nuncertainties and other factors which may cause the Company\u2019s performance or achievements to be materially different from any expected
\nfuture results, performance, or achievements. Forward-looking statements speak only as of the date they are made, and the Company assumes
\nno duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ
\nmaterially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the
\nCompany, including, but not limited to, the risks described from time to time in the Company\u2019s periodic filings with the U.S. Securities
\nand Exchange Commission, including, without limitation, the risks described in the Company\u2019s 2025 Annual Report on Form 10-K under
\nthe captions \u201cRisk Factors\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d
\n(as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking
\nstatements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this
\ninformation.<\/i><\/span><\/p>\n

\u00a0<\/span><\/p>\n

For
\nAdditional Information, Please Contact:<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Stanton
\nE. Ross, CEO at (913) 456-5878<\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n<\/div>\n

<\/p>\n<\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source www.stocktitan.net \u2019 <\/em><\/p>\n

\u2018 O artigo anterior foi obtido e traduzido do site internacional da celebrity.land \u2019 Source Link <\/em><\/p>\n\n","protected":false},"excerpt":{"rendered":"

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