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Dolphin Entertainment Inc (DLPN) reported a record Q3 2025 with 16.7% YoY revenue growth to $14.8 million and positive operating income of $300,000. The company's financial statements have been simplified, and its cross-selling operating model is driving organic growth and margin expansion. However, Dolphin still reported a net loss of $365,494, faces challenges in balancing investment and profitability, and is affected by tariffs and lease obligations.

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