Creatd (CRTD) Registration filing summary

Company overview and business model

• Operates a diversified portfolio in media and publishing, with revenue from DTC sales, subscriptions, advertising, licensing, and strategic investments.

• Key subsidiaries include Vocal, Inc. (creator-focused digital publishing) and OG Collection, Inc. (archival IP monetization).

• Recent divestiture of aviation business (Fly Flyte, Inc.) to focus on core media and publishing operations.

• Pursues a sector-agnostic acquisition strategy targeting cash-flowing small and mid-market companies.

• Plans to scale existing businesses and execute acquisitions over the next twelve months.

Financial performance and metrics

• For the six months ended June 30, 2026: revenue was $377,668, down from $488,830 in the prior year period.

• Net loss attributable to common stockholders for the same period was $16.9 million, compared to $4.7 million in 2025.

• Working capital improved to $1.1 million at June 30, 2026, from a deficit of $6.8 million at December 31, 2025, mainly due to the Fly Flyte sale.

• Accumulated deficit stood at $280.2 million as of June 30, 2026.

• Operating expenses for the first half of 2026 were $15.0 million, up from $5.0 million in 2025, driven by stock-based compensation and legal/professional fees.

• Auditor's report raises substantial doubt about ability to continue as a going concern.

Use of proceeds and capital allocation

• No proceeds will be received from the resale of shares by selling stockholders; all proceeds go to selling stockholders.

• Capital deployment over the next year will focus on acquisitions, platform development, and product expansion.

• Operations to be funded through existing cash, operational cash flow, and potential future financings.