Creatd Inc. (CRTD) financial statements (2022 and earlier)
Company profile
| Business Address |
POLYGON PLAZA FORT LEE, NJ 07024 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 7819 - Services Allied to Motion Picture Production (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,907 | 12 | 111 | 174 | 574 | ||||
| Cash and cash equivalents | 7,907 | 12 | 111 | 174 | 574 | ||||
| Receivables | 90 | 62 | 7 | 1 | 0 | ||||
| Prepaid expense | 24 | 4 | 10 | ||||||
| Disposal group, including discontinued operation | 0 | ||||||||
| Other undisclosed current assets | 63 | 106 | |||||||
| Total current assets: | 8,084 | 184 | 7 | 112 | 184 | 574 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 239 | 206 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 56 | 42 | 42 | 48 | 72 | 464 | |||
| Long-term investments and receivables | 83 | ||||||||
| Long-term investments | 83 | ||||||||
| Intangible assets, net (including goodwill) | 1,996 | 2,123 | |||||||
| Goodwill | 1,036 | 1,036 | |||||||
| Intangible assets, net (excluding goodwill) | 961 | 1,087 | |||||||
| Deposits noncurrent assets | 192 | 17 | 17 | 17 | 38 | ||||
| Other undisclosed noncurrent assets | 217 | 143 | |||||||
| Total noncurrent assets: | 2,701 | 2,388 | 202 | 65 | 194 | 464 | |||
| TOTAL ASSETS: | 10,784 | 2,572 | 209 | 177 | 378 | 1,038 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,639 | 1,763 | 1,246 | 1,462 | 1,387 | 1 | |||
| Accrued liabilities | 472 | 259 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 2,639 | 1,763 | 1,246 | 990 | 1,128 | 1 | |||
| Deferred revenue | 89 | 51 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 2,119 | 3,662 | 50 | 836 | 538 | ||||
| Deferred rent credit | 8 | ✕ | ✕ | ✕ | |||||
| Derivative instruments and hedges, liabilities | 42 | ||||||||
| Due to related parties | 1,223 | 1,249 | 1,350 | ||||||
| Disposal group, including discontinued operation | 0 | ||||||||
| Other undisclosed current liabilities | 80 | 5,453 | 43 | 613 | 270 | ||||
| Total current liabilities: | 4,968 | 10,929 | 2,570 | 4,160 | 3,545 | 1 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 0 | 11 | 1 | ||||||
| Long-term debt, excluding current maturities | 0 | 11 | |||||||
| Capital lease obligations | ✕ | ✕ | ✕ | 1 | |||||
| Liabilities, other than long-term debt | 6 | ||||||||
| Deferred rent credit | 6 | ✕ | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 371 | 202 | 123 | 3,847 | 1 | ||||
| Total noncurrent liabilities: | 371 | 202 | 130 | 3,858 | 1 | 1 | |||
| Total liabilities: | 5,339 | 11,131 | 2,700 | 8,017 | 3,546 | 3 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 5,445 | (8,559) | (2,491) | (7,840) | (3,168) | 1,035 | |||
| Preferred stock | 0 | ||||||||
| Common stock | 9 | 9 | 130 | 40 | 34 | 2 | |||
| Treasury stock, value | (62) | (367) | (52) | (19) | |||||
| Additional paid in capital | 77,505 | 36,386 | 33,977 | 14,387 | 10,076 | 2,068 | |||
| Accumulated other comprehensive loss | (37) | (6) | |||||||
| Accumulated deficit | (71,929) | (44,580) | (36,545) | (22,248) | (13,278) | (1,035) | |||
| Other undisclosed stockholders' equity attributable to parent | (40) | (0) | 0 | (0) | 0 | ||||
| Other undisclosed stockholders' equity | 0 | ||||||||
| Total stockholders' equity: | 5,445 | (8,559) | (2,491) | (7,840) | (3,168) | 1,035 | |||
| TOTAL LIABILITIES AND EQUITY: | 10,784 | 2,572 | 209 | 177 | 378 | 1,038 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,213 | 453 | 81 | 96 | 224 | 58 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 96 | 224 | 58 | |
| Other income | 292 | |||||||
| Cost of revenue | (43) | |||||||
| Gross profit: | 1,213 | 453 | 81 | 96 | 181 | 58 | ||
| Operating expenses | (17,496) | (7,670) | (5,767) | (5,658) | (3,872) | (339) | ||
| Operating loss: | (16,283) | (7,217) | (5,686) | (5,562) | (3,692) | (281) | ||
| Nonoperating expense | (7,929) | (818) | (6,327) | (3,189) | (3,700) | (76) | ||
| Other nonoperating income (expense) | 512 | (3,189) | (3,700) | (76) | ||||
| Interest and debt expense | (5,586) | (163) | (3,453) | (907) | (3,710) | (77) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 5,586 | 163 | 3,453 | |||||
| Loss from continuing operations before equity method investments, income taxes: | (24,213) | (8,035) | (12,014) | (9,658) | (11,102) | (433) | ||
| Other undisclosed income from continuing operations before income taxes | 907 | 3,710 | 77 | |||||
| Loss from continuing operations: | (24,213) | (8,035) | (12,014) | (8,752) | (7,392) | (357) | ||
| Income from discontinued operations | 14 | |||||||
| Loss before gain (loss) on sale of properties: | (24,213) | (8,035) | (12,014) | (8,752) | (7,392) | (343) | ||
| Other undisclosed net income | 48,413 | |||||||
| Net income (loss): | 24,200 | (8,035) | (12,014) | (8,752) | (7,392) | (343) | ||
| Other undisclosed net loss attributable to parent | (48,413) | |||||||
| Net loss attributable to parent: | (24,213) | (8,035) | (12,014) | (8,752) | (7,392) | (343) | ||
| Other undisclosed net loss available to common stockholders, basic | (3,136) | (2,191) | ||||||
| Net loss available to common stockholders, diluted: | (27,348) | (8,035) | (14,204) | (8,752) | (7,392) | (343) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 24,200 | (8,035) | (12,014) | (8,752) | (7,392) | (343) | ||
| Comprehensive income (loss): | 24,200 | (8,035) | (12,014) | (8,752) | (7,392) | (343) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (48,444) | (6) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (24,244) | (8,041) | (12,014) | (8,752) | (7,392) | (343) | ||
Statements sources
The financial statements are based on the company's filings with the 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.