My two 12-Inch MK figures from Hasbro's 1994 line, They made three in total (The other was Johnny) and are essentially MK characters GI Joe dolls, They did the same thing with
G.I. Joe Mortal Kombat Movie Edition Scorpion 1994 – Big Ben's Comix Oasis
Mortal Kombat Sub-Zero Special Movie Edition Figure Hasbro toy 1994 RARE NICE | eBay
1994 Mortal Kombat: Goro VS. Johnny Cage
The History of Mortal Kombat Action Figures – The Chi-Scroller