Creatd, Inc. (OTCQB: CRTD) announced Tuesday that it has completed its audited financial statements for the fiscal year ended December 31, 2025, a milestone the company says supports its capital markets strategy and efforts to re-enter a national exchange. Immediately following the audit, Creatd submitted an amended draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission, according to a press release. For 2025, Creatd reported revenue of $3.2 million, up from $1.5 million in 2024, a 113% increase. The company also recorded stockholders’ equity of $9 million at year-end, compared with a stockholders’ deficit of $10.4 million at the end of 2024, a positive swing of $19.4 million that moves the company from negative to positive equity. The audit covers multiple years and was conducted by a PCAOB-registered firm.
“This is a process-driven milestone. We have focused on rebuilding from the inside out. We started with our finances, then our structure, and our discipline,” said Jeremy Frommer, Chairman and CEO of Creatd. “The completion of our 2025 audit allows us to move forward with clarity as we re-engage with the SEC and continue executing on our broader strategy.” The company views the audit and S-1 filing as deliberate steps toward a planned uplisting, enabled by recent strategic moves including the sale of its Flyte aviation business, balance sheet strengthening, and portfolio value growth. With proceeds from the Flyte sale, Creatd says it has operated without relying on external financing at the parent level, providing flexibility to complete the audits and pursue acquisitions.
Creatd is actively targeting material acquisitions centered on platforms at the intersection of data processing and AI-driven monetization. “We believe the integration of these capabilities has the potential to drive meaningful cost efficiencies and scale revenues across multiple fronts,” Frommer said. The company expects to provide additional details on these initiatives in the near future. Upon SEC review, the registration statement is expected to become publicly filed, supporting Creatd’s goal of re-establishing full reporting status and positioning for re-entry into the national exchange ecosystem. More information is available in the company’s newsroom.
