Creations Inc (CEAI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
SRF LLP C/O ARTHUR MARCUS NEW YORK, NY 10036 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 114 | 655 | 625 | |||
| Cash and cash equivalent | 114 | 503 | 625 | |||
| Short-term investments | 152 | |||||
| Receivables | 102 | 102 | 51 | |||
| Prepaid expense | 68 | |||||
| Disposal group, including discontinued operation | 1,508 | |||||
| Deposits current assets | 47 | 33 | ||||
| Other current assets | 28 | |||||
| Other undisclosed current assets | 535 | |||||
| Total current assets: | 2,259 | 832 | 777 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 55 | 109 | ||||
| Property, plant and equipment | 44 | 45 | ||||
| Long-term investments and receivables | 13 | 14 | 26 | |||
| Due from related parties | ✕ | 13 | 14 | 26 | ||
| Intangible assets, net (including goodwill) | 958 | 998 | ||||
| Goodwill | 649 | 627 | ||||
| Intangible assets, net (excluding goodwill) | 309 | 371 | ||||
| Total noncurrent assets: | 13 | 1,071 | 1,178 | |||
| TOTAL ASSETS: | 2,272 | 1,903 | 1,955 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 145 | 92 | 140 | |||
| Accounts payable | 145 | 92 | 140 | |||
| Disposal group, including discontinued operation | 767 | |||||
| Due to related parties | ✕ | 120 | 1 | |||
| Other undisclosed current liabilities | 55 | 58 | ||||
| Total current liabilities: | 912 | 267 | 199 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation: | 51 | |||||
| Liabilities, other than long-term debt | 71 | 86 | ||||
| Deferred income tax liabilities | 71 | 86 | ||||
| Operating lease, liability | 51 | |||||
| Total noncurrent liabilities: | 71 | 137 | ||||
| Total liabilities: | 912 | 338 | 336 | |||
| Equity | ||||||
| Equity, attributable to parent | 1,360 | 1,565 | 1,619 | |||
| Additional paid in capital | 3,162 | 3,162 | 3,162 | |||
| Accumulated other comprehensive income (loss) | (24) | 155 | 106 | |||
| Accumulated deficit | (1,778) | (1,752) | (1,649) | |||
| Total equity: | 1,360 | 1,565 | 1,619 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,272 | 1,903 | 1,955 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Revenues | 2,030 | 521 | |||
| Cost of revenue | (469) | ||||
| Other undisclosed gross profit | (1,186) | ||||
| Gross profit: | 844 | 52 | |||
| Operating expenses | (159) | (769) | (879) | ||
| Other undisclosed operating loss | (210) | ||||
| Operating loss: | (159) | (135) | (827) | ||
| Nonoperating income | 14 | 88 | |||
| Investment income, nonoperating | |||||
| Other nonoperating income | 14 | 88 | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,497 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (159) | (121) | 758 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 13 | (1,517) | |||
| Loss from continuing operations before income taxes: | (146) | (121) | (759) | ||
| Income tax expense (benefit) | (74) | 18 | (13) | ||
| Loss from continuing operations: | (220) | (103) | (772) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (103) | (772) | |
| Net loss: | (220) | (103) | (772) | ||
| Other undisclosed net income attributable to parent | 194 | ||||
| Net loss available to common stockholders, diluted: | (26) | (103) | (772) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Net loss: | (220) | (103) | (772) | ||
| Comprehensive loss: | (220) | (103) | (772) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 15 | 49 | 100 | ||
| Comprehensive loss, net of tax, attributable to parent: | (205) | (54) | (672) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.