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 7,90712 111174574
Cash and cash equivalents 7,90712 111174574
Receivables 906271 0
Prepaid expense 244  10 
Disposal group, including discontinued operation      0
Other undisclosed current assets 63106    
Total current assets: 8,0841847112184574
Noncurrent Assets
Operating lease, right-of-use asset 239206
Property, plant and equipment 5642424872464
Long-term investments and receivables     83 
Long-term investments     83 
Intangible assets, net (including goodwill) 1,9962,123    
Goodwill 1,0361,036    
Intangible assets, net (excluding goodwill) 9611,087    
Deposits noncurrent assets 19217171738 
Other undisclosed noncurrent assets 217 143   
Total noncurrent assets: 2,7012,38820265194464
TOTAL ASSETS: 10,7842,5722091773781,038
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 2,6391,7631,2461,4621,3871
Accrued liabilities    472259 
Other undisclosed accounts payable and accrued liabilities 2,6391,7631,2469901,1281
Deferred revenue 8951
Debt 2,1193,66250836538 
Deferred rent credit   8
Derivative instruments and hedges, liabilities 42     
Due to related parties   1,2231,2491,350 
Disposal group, including discontinued operation      0
Other undisclosed current liabilities 805,45343613270 
Total current liabilities: 4,96810,9292,5704,1603,5451
Noncurrent Liabilities
Long-term debt and lease obligation   0111 
Long-term debt, excluding current maturities   011  
Capital lease obligations  1 
Liabilities, other than long-term debt   6   
Deferred rent credit   6
Other undisclosed noncurrent liabilities 3712021233,847 1
Total noncurrent liabilities: 3712021303,85811
Total liabilities: 5,33911,1312,7008,0173,5463
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 9913040342
Treasury stock, value (62)(367)(52)(19)  
Additional paid in capital 77,50536,38633,97714,38710,0762,068
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: 10,7842,5722091773781,038

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 1,213453819622458
Revenue, net9622458
Other income  292    
Cost of revenue     (43) 
Gross profit: 1,213453819618158
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 5,5861633,453   
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    9073,71077
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.

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