KUST on Nasdaq

KUSTOM ENTERTAINMENT, INC.

KUSTOM ENTERTAINMENT, INC. is an American radio and tv broadcasting and communications equipment company.1 It is headquartered in Olathe, Kansas.1

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Last updated Oct 20, 2026.

Overview

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  • TickerKUST on Nasdaq1
  • IndustryRadio & Tv Broadcasting & Communications Equipment1
  • HeadquartersOlathe, Kansas1
  • Incorporated inNV2
  • Business address1475 N Winchester St, Olathe, Ks 660612
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

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Jets, Inc., Kustom 440 and Kustom, collectively, the “Company”) is conducted through two reportable operating segments:3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

9.8%Gross margin4
-79.1%Operating margin4
-48.5%Net margin4
1.7%Revenue growth, 20254
-281.5%Return on equity4
0.06×Debt to equity4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service, Other brought in 68% of the revenue KUSTOM ENTERTAINMENT, INC. broke down this way in fiscal 2025.

  1. Service, Other$9.4M468%up 16% from 2024
  2. Product$4.3M432%down 20% from 2024
Products and services by year
Products and services20242025
Service, Other$8.1M$9.4M
Product$5.4M$4.3M

Business segments

Entertainment brought in 63% of the revenue KUSTOM ENTERTAINMENT, INC. broke down this way in fiscal 2025.

  1. Entertainment$8.7M463%up 11% from 2024
  2. Video Solutions$5.1M437%down 11% from 2024
Business segments by year
Business segments20242025
Entertainment$7.8M$8.7M
Video Solutions$5.8M$5.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue49¢$12.4M
  • Research and development2¢$551.4K
  • Selling, general and admin49¢$12.2M

Out of $13.8M in revenue.4 The company lost money this year.

Financial statements

Revenue567894$13.8M in 2025+32% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $10.4M$10.4M20192020: $10.5M$10.5M2020+1%2021: $21.4M$21.4M2021+104%2022: $37.0M$37.0M2022+73%2023: $28.2M$28.2M2023−24%2024: $13.5M$13.5M2024−52%2025: $13.8M$13.8M2025+2%
Gross profit567894$1.3M in 2025−58% since 2019
0$2.0M$4.0M$6.0M2019: $3.2M$3.2M20192020: $4.1M$4.1M2020+26%2021: $5.7M$5.7M2021+39%2022: $2.3M$2.3M2022−59%2023: $5.8M$5.8M2023+148%2024: $3.1M$3.1M2024−46%2025: $1.3M$1.3M2025−57%
Operating income567894-$10.9M in 2025+80% since 2019
-$30.0M-$20.0M-$10.0M02019: -$6.0M-$6.0M20192020: -$7.7M-$7.7M2020+27%2021: -$14.8M-$14.8M2021+93%2022: -$29.7M-$29.7M2022+101%2023: -$22.2M-$22.2M2023−25%2024: -$11.4M-$11.4M2024−49%2025: -$10.9M-$10.9M2025−4%
Net income56794-$6.7M in 2025−33% since 2019
-$40.0M-$20.0M0$20.0M$40.0M2019: -$10.0M-$10.0M20192020: -$2.6M-$2.6M2020−74%2021: $25.5M$25.5M20212022: -$18.9M-$18.9M20222023: -$25.5M-$25.5M2023+35%2024: -$19.8M-$19.8M2024−22%2025: -$6.7M-$6.7M2025−66%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Total revenue$13.8M$13.5M
Total cost of revenue$12.4M$10.4M
Gross profit$1.3M$3.1M
Research and development expense$551.4K$1.3M
Selling, advertising and promotional expense$721.7K$2.1M
General and administrative expense$8.4M$10.5M
Goodwill and intangible asset impairment charge$2.5M$508.0K
Total selling, general and administrative expenses$12.2M$14.5M
Operating loss-$10.9M-$11.4M
Interest income$116.5K$69.5K
Interest expense-$1.1M-$3.8M
Other income$346.0K$26.7K
Loss on litigation-$2.0M
Loss on disposal of intangibles-$120.0K
Change in fair value of warrant derivative liabilities$3.3M-$1.2M
Gain on the extinguishment of liabilities$2.2M$917.9K
Loss on extinguishment of debt-$753.3K
Gain on sale of property, plant and equipment$360.1K
Total other income (expense) from continuing operations$4.9M-$6.5M
Loss before income tax benefit (provision) from continuing operations-$6.0M-$17.9M
Net loss from continuing operations-$6.0M-$17.9M
Loss from discontinued operations (including impairment charge on disposal of $1,527,634 as of December 31, 2025)-$1.4M-$3.8M
Net loss from discontinued operations-$1.4M-$3.8M
Net loss-$7.4M-$21.7M
Net income attributable to noncontrolling interests$687.5K$1.9M
Net loss attributable to common stockholders-$6.7M-$19.8M
Continuing operations-$15-$30.2K
Discontinued operations-$2-$3.3K
Net loss attributable to common stockholders per share basic-$17.23-$33,488.74
Continuing operations-$15-$30.2K
Discontinued operations-$2-$3.3K
Net loss attributable to common stockholders per share diluted-$17.23-$33,488.74
Basic387.1K shares593 shares
Diluted387.1K shares593 shares
Impairment charge on disposal$1.5M

Compare KUSTOM ENTERTAINMENT, INC. with another company

Corporate structure

KUSTOM ENTERTAINMENT, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of KUSTOM ENTERTAINMENT, INC.

  • Yield Point NY LLC Filed SCHEDULE 13G on KUSTOM ENTERTAINMENT, INC., latest Aug 14, 2026 (4 filings since Oct 6, 2025)
  • Ryan Todd Martin Filed SCHEDULE 13D/A on KUSTOM ENTERTAINMENT, INC., latest Aug 3, 2026 (4 filings since Jul 30, 2026)
  • Anson Funds Management LP Filed SCHEDULE 13G/A on KUSTOM ENTERTAINMENT, INC., latest Aug 14, 2025 (2 filings since Feb 14, 2025)
  • DANSKE BANK A/S Filed SCHEDULE 13D on KUSTOM ENTERTAINMENT, INC., latest May 19, 2025
  • Altium Capital Management LLC Filed SCHEDULE 13G/A on KUSTOM ENTERTAINMENT, INC., latest May 15, 2025 (2 filings since Feb 24, 2025)
  • L1 Capital Global Opportunities Master Fund, Ltd. Filed SCHEDULE 13G/A on KUSTOM ENTERTAINMENT, INC., latest May 15, 2025 (2 filings since Feb 21, 2025)
  • KUSTOM ENTERTAINMENT, INC. Olathe, Kansas

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What KUSTOM ENTERTAINMENT, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Buildings and improvements$22.6K4 Dec 31, 2025$12.2K4 Dec 31, 2024+85.9%
Machinery and equipment$482.2K4 Dec 31, 2025$237.1K4 Dec 31, 2024+103.3%
Furniture and fixtures$437.5K4 Dec 31, 2025$743.9K4 Dec 31, 2024−41.2%
Property and equipment, before depreciation$1.0M4 Dec 31, 2025$1.1M4 Dec 31, 2024−4.7%
Accumulated depreciation$617.9K4 Dec 31, 2025$732.4K4 Dec 31, 2024−15.6%
Property and equipment, net$402.2K4 Dec 31, 2025$338.6K4 Dec 31, 2024+18.8%
Operating-lease assets (leased space)$1.1M4 Dec 31, 2025$276.9K4 Dec 31, 2024+298.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$757.4K4 Dec 31, 2025$219.3K4 Dec 31, 2024+245.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$169.4K4 Dec 31, 2025$2.9M9 Dec 31, 2024−94.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.3M4 Dec 31, 2025$2.6M4 Dec 31, 2024−9.9%
Raw materials$2.8M4 Dec 31, 2025$2.6M4 Dec 31, 2024+9.2%
Work in process$4.9K4 Dec 31, 2024$20.4K9 Dec 31, 2023−75.9%

Properties, in its own words

On April 30, 2021, the Company closed on the purchase and sale agreement to acquire a 71,361 square feet commercial office building located in Lenexa, Kansas which is intended to serve as the Company’s future office and warehouse needs for executive offices and for management and warehouse operations for the video solutions operating segment. The building contains approximately 30,000 square feet of office space and the remainder warehouse space. The total purchase price was approximately $5.3 million. The Company funded the purchase price with cash on hand, without the addition of external debt or other financing.

On October 26, 2023, the Company entered into a Loan and Security Agreement (the “Kompass Loan Agreement”) by and between the Company, Digital Ally Healthcare, and Kompass Kapital Funding, LLC, a Kansas limited liability company (“Kompass”). In connection with the Kompass Loan Agreement, on October 26, 2023, the Company entered into a Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing by and between the Company, as grantor, and Kompass, as grantee, and mortgaged its real property having an address of 14001 Marshall Drive, Lenexa, KS 66215.

The rest of Item 2

During the year ended December 31, 2024, the Company sold its building for $5,900,000 less closing costs of $36,634. The carrying amount of the building on the date of sale was $5,461,623. As a result of the sale the Company recorded a gain of $401,743 in the Consolidated Statement of Operations during the year ended December 31, 2024. As part of the sale agreement the Company leased the space back for a period of 6 months ending February 12, 2025. The Company is searching for suitable facilities for its long-term needs.

On October 16, 2024, the Company entered into an operating lease with a third party for office space used by the Video Solutions Segment and temporarily by the Entertainment Segment. The lease provides for 36 monthly payments of $7,251.92 and matures on October 31, 2027. As of December 31, 2025, the remaining lease term was approximately twenty-two months.

On September 1, 2021, the Company completed the acquisition of Goody Tickets, LLC and TicketSmarter, LLC through TicketSmarter. Upon completion of this acquisition, the Company became responsible for the operating lease for TicketSmarter’s office space. The lease provided for monthly payments ranging from $7,211 to $7,364 and was originally scheduled to terminate in December 2022. Following the expiration of the original lease term, the Company continued to occupy the space on a month-to-month basis. The lease was formally terminated in September 2025. TicketSmarter now occupies office space provided by the entertainment segment, and no separate lease obligation related to this location remained outstanding as of December 31, 2025. During the period of occupancy, the Company was responsible for property taxes, utilities, insurance, and its proportionate share of common area maintenance costs.

On May 8, 2025, the Company entered into an operating lease with a third party for a warehouse and office used by the Entertainment Segment. The lease has a five-year term expiring in May 2030 and provides for base monthly rent of $16,035, subject to annual increases of 2.5%, with May 2025 rent prorated. The Company prepaid one year of rent, real estate taxes, and insurance totaling $247,105, which is applied to the first and final six months of the lease term, and also provided a $20,000 security deposit. The lease is structured as a triple-net lease, under which the Company is responsible for all real estate taxes, insurance, utilities, and other operating costs associated with the premises; real estate taxes for the period from lease commencement through December 31, 2025 were approximately $3,748 per month and insurance costs were approximately $432 per month, both subject to annual adjustment. The lease includes renewal options and an option to purchase the property after the 33rd month of the lease term. As of December 31, 2025, the remaining lease term was approximately 52 months.

Item 2 of the 10-K filed Apr 13, 2026.3

Leadership

Who has led KUSTOM ENTERTAINMENT, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Stanton E. Ross2007–now

Chair

  1. Stanton E. Ross2007–now

President

  1. Stanton E. Ross2007–now

Chief financial officer

  1. Thomas J. Heckman2008–now

Chief operating officer

  1. Peng Han2021–now
2010201520202025
Board members and other officers (12)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Chief Operating OfficerHang J. Han named Jul 9, 2024 to Nov 18, 202427
  • PresidentBrody J. Green named Apr 21, 202328
  • DirectorCharles M. Anderson named Sep 29, 2025 to Aug 18, 202629
  • DirectorD. Duke Daughtery named Jul 9, 2024 to Aug 18, 202629
  • DirectorMichael J. Caulfield named Oct 25, 2022 to Apr 21, 202328

Former names

  • DIGITAL ALLY, INC.Oct 28, 2022 to Jan 27, 20262
  • DIGITAL ALLY INCOct 27, 2005 to Oct 25, 20222

Timeline

  1. Oct 5, 20268-K Bylaws or fiscal year changed; Shareholder vote; Other events30
  2. Sep 1, 20268-K Entered a material agreement; Unregistered sale of shares; Other events31
  3. Aug 13, 20268-K Unregistered sale of shares32
  4. Aug 4, 20268-K Entered a material agreement; Completed an acquisition or sale; Other events33
  5. Jul 27, 20268-K Entered a material agreement; Other events34
  6. Jun 25, 20268-K Entered a material agreement; Other events35
  7. Apr 22, 20268-K Bylaws or fiscal year changed; Other events36
  8. Apr 17, 20268-K Other events37
  9. Apr 13, 20268-K Results of operations; Regulation FD disclosure38
  10. Jan 27, 20268-K Executive or director change39
  11. Jan 27, 20268-K Other events40
  12. Jan 22, 20268-K Executive or director change41
  13. Oct 11, 2007New chief executive Stanton E. Ross becomes CEO12

Calendar

Coming up

  1. Nov 11, 2026Reports results for the quarter ending Sep/202642

When it reported results

  1. Apr 13, 2026Reported quarterly or annual results38
  2. Nov 12, 2025Reported quarterly or annual results43
  3. May 27, 2025Reported quarterly or annual results44
  4. May 21, 2025Reported quarterly or annual results45
  5. Aug 16, 2024Reported quarterly or annual results46
  6. May 20, 2024Reported quarterly or annual results47
  7. Apr 2, 2024Reported quarterly or annual results48
  8. Nov 15, 2023Reported quarterly or annual results49

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

290 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 100 major events, 27 insider forms, 15 large holders, 7 private raises, 119 other. The latest 20:

  1. Oct 5, 20268-K EDGAR
  2. Sep 23, 2026DEFR14A EDGAR
  3. Sep 22, 2026ARS EDGAR
  4. Sep 22, 2026DEF 14A EDGAR
  5. Sep 18, 2026PRER14A EDGAR
  6. Sep 16, 2026PRER14A EDGAR
  7. Sep 8, 2026PRE 14A EDGAR
  8. Sep 1, 20268-K EDGAR
  9. Aug 18, 2026D EDGAR
  10. Aug 14, 2026SCHEDULE 13G EDGAR
  11. Aug 14, 2026SCHEDULE 13G/A EDGAR
  12. Aug 14, 202610-Q EDGAR
  13. Aug 13, 20268-K EDGAR
  14. Aug 4, 20268-K EDGAR
  15. Aug 3, 2026SCHEDULE 13D/A EDGAR
  16. Aug 3, 2026SCHEDULE 13D/A EDGAR
  17. Jul 30, 2026SCHEDULE 13D/A EDGAR
  18. Jul 30, 2026SCHEDULE 13D EDGAR
  19. Jul 27, 20268-K EDGAR
  20. Jul 2, 20264 PRIMARY DOCUMENT EDGAR

The 290 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 2 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 1, 2026HRT FINANCIAL LP10% ownerSale54,638$1.44$78.7KForm 4
Jun 30, 2026HRT FINANCIAL LP10% ownerBuy25,791$1.11$28.6KForm 4
Nov 30, 2021Ross Stanton EChairman, CEO & PresidentBuy40,000$1.12$44.8KForm 4
Nov 30, 2021Ross Stanton EChairman, CEO & PresidentSale40,000$1.12$44.8KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Stanton E. Ross64$256.2K$421.5K56
2025Peng Han52$259.4K$268.0K56
2025Thomas J. Heckman67$125.6K$128.8K56
2024ChairmanCEO and President$112.9K$161.7K56
2024COO$112.9K$150.5K56
2024CFOTreasurer and Secretary$51.9K$54.8K56

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Aug 7, 2026Raised $2.6 million in a private offering of equity Form D: 18 investors so far Form D
  2. Sep 29, 2025Filed a private offering of equity Form D: $25 million offered in all Form D
  3. Sep 15, 2025Raised $750,000 in a private offering of debt Form D: $1 million offered in all Form D
  4. Nov 6, 2024Raised $3 million in a private offering of securities Form D: 4 investors so far Form D
  5. Jun 24, 2024Raised $3 million in a private offering of equity Form D: 4 investors so far Form D
  6. Apr 5, 2023Raised $3 million in a private offering of debt Form D: $6 million offered in all Form D
  7. Oct 13, 2022Raised $15 million in a private offering of equity Form D: 6 investors so far Form D

SEC filer profile

How KUSTOM ENTERTAINMENT, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKUSTOM ENTERTAINMENT, INC.1
  • CIK0001342958
  • Employer ID (EIN)20-00642693
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company3
  • Incorporated inNevada3
  • Fiscal year endsDecember 311
  • Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1475 N Winchester St, Olathe, KS 660611
  • Phone913-232-53491
  • Shares outstanding6,506,860 as of Aug 14, 202611
  • Public float$4.1M as of Jun 30, 20253
  • AuditorVictor Mokuolu, CPA PLLC, Houston, Texas PCAOB ID 6771; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceOct 27, 20051
  • Filings1,027 in all: 8-K (294), 4 (228), 10-Q (56), 5 (36), CORRESP (24), DEF 14A (24), EFFECT (24), 3 (20)1
    All 63 form types

    UPLOAD (20), PRE 14A (19), 10-K (18), 4/A (17), 425 (15), 424B5 (14), DEFA14A (14), 424B3 (13), S-8 (13), D (12), SC 13D/A (12), S-1 (11), SC 13G/A (11), NT 10-Q (10), S-3 (10), 8-K/A (7), S-1/A (7), SC 13G (7), POS AM (6), DEFR14A (5), NT 10-K (5), S-3/A (5), SB-2/A (5), SC 13D (5), SCHEDULE 13G (5), SCHEDULE 13G/A (5), PRER14A (4), 10-Q/A (3), 10QSB (3), ARS (3), D/A (3), RW (3), SCHEDULE 13D/A (3), 10-K/A (2), 144 (2), 424B4 (2), DRS (2), S-8 POS (2), SCHEDULE 13D (2), 10KSB (1), 144/A (1), 3/A (1), 424B7 (1), 8-A12B (1), 8-A12G (1), 8-K12B (1), CERTNAS (1), CT ORDER (1), DEFC14A (1), DFAN14A (1), DRSLTR (1), PREC14A (1), REGDEX (1), SB-2 (1), SD (1)

  • Latest filingsAnnual report (10-K) Apr 13, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Sep 22, 2026
    Latest 8-K (8-K) Oct 5, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.001 par valueKUSTNasdaq

From the cover page of the 10-K filed Apr 13, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

Legal proceedings

From time to time, we are notified that we may be a party to a lawsuit or that a claim is being made against us. It is our policy not to disclose the specifics of any claim or threatened lawsuit until the summons and complaint are actually served on us. After carefully assessing the claim, and assuming we determine that we are not at fault or we disagree with the damage or relief demanded, we vigorously defend any lawsuit filed against us. We record a liability when losses are deemed probable and reasonably estimable. When losses are deemed reasonably possible but not probable, we determine whether it is possible to provide an estimate of the amount of the loss or range of possible losses for the claim, if material for disclosure. In evaluating matters for accrual and disclosure purposes, we take into consideration factors such as our historical experience with matters of a similar nature, the specific facts and circumstances asserted, the likelihood of our prevailing, the availability of insurance, and the severity of any potential loss. We reevaluate and update accruals as matters progress over time.

Culp McAuley, Inc. et al.

On May 31, 2022, the Company filed a lawsuit against Culp McAuley, Inc. (“Culp McAuley”) and four individuals (Brandon Culp, Campbell McAuley, Mark Depew and Larry Roberts) (collectively the “defendants”) in the United States District Court for the District of Kansas, seeking monetary damages and injunctive relief based on certain conduct by the defendants. On July 18, 2022, Culp McAuley filed its Answer to the Company’s Verified Complaint and included Counterclaims alleging breach of contract and seeking monetary damages. On August 8, 2022, the Company filed its Reply and Affirmative Defenses to the Counterclaims by, among other things, denying the allegations and any and all liability.

The opening of Item 3, Legal Proceedings.3

Sources

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