Funko Says It Could Go Out of Business in 12 Months Despite Deals on IPs Like Netflix's 'KPop Demon Hunters'

As Christmas approaches, shelves in toy aisles and in online collector’s stores seem to have even more Funko items than usual, but that may not be the case for much longer, as the company’s recent financial reporting has revealed mounting debts, steep declines in profits, and a dire warning to investors that they may not be around in another year if things don’t change rapidly.