Aug 14, 2026, 1:42 PM ETCommunication Services
Creatd, Inc. — Q2 2026 Earnings Summary
Financial Performance
- Total current assets increased to $8.4 million as of June 30, 2026, from approximately $750,000 at the end of the prior year.
- Marketable securities rose to $4.5 million as of June 30, 2026, compared to approximately $252,000 at the end of the prior year.
- Notes receivable totaled $3.4 million as of June 30, 2026, a figure that did not exist in 2025.
- Working capital shifted to a positive $1.1 million as of June 30, 2026, from a negative $6.8 million at the end of the prior year, representing an improvement of nearly $8 million.
- The increase in current assets and liquidity largely reflects proceeds from the sale of Flyte.
- No specific revenue, earnings, profit margins, or debt figures were disclosed in the press release.
Guidance and Future Outlook
- The company is preparing the final steps toward an application to list on a national exchange.
- Management indicated the company is now current in its reporting with the SEC.
Business Segments and Product Lines
- The company focuses on technology-enabled businesses, digital media properties, and intellectual property assets.
- Through operating subsidiaries and strategic investments, the company develops opportunities for creators, entrepreneurs, and emerging growth initiatives.
- The company sold its business, Flyte, which was previously carried in non-current assets.
Market and Competitive Landscape
- No specific market trends, competition details, or market share data were provided in the press release.
Risks and Challenges
- The press release includes a standard disclaimer regarding forward-looking statements, noting that actual results could differ materially from expectations due to risks and uncertainties.
- The company previously withdrew from SEC registration in the third quarter of 2023 to avert a delisting for untimely filings after ending its relationship with auditors.
Management Commentary and Tone
- Jeremy Frommer, Chairman and Chief Executive Officer, stated that the company turned around over the last two years by focusing on finances, structure, and discipline.
- Management described the balance sheet as "rebuilt" and noted the company now has cash on the balance sheet, a strong operating business, and a "uniquely qualified management team."
Other Key Points
- Creatd regained SEC reporting status on August 11, 2026, when its Form S-1 registration statement became effective.
- The company filed its first periodic report (Form 10-Q) since the third quarter of 2023, covering the second quarter of 2026.
- The company spent over two and a half years recapitalizing the business and restructuring its balance sheet to regain standing with the Commission.