Creatd, Inc. (OTCQB: CRTD) announced on May 5, 2026, that it has finalized its audited financial statements for the fiscal year ended December 31, 2025, marking a key milestone in its efforts to strengthen financial reporting and advance its capital markets strategy. The company reported revenue of $3.2 million for 2025, up from $1.5 million in 2024, a 113% increase. Stockholders’ equity reached $9 million at year-end 2025, compared with a deficit of $10.4 million at year-end 2024, reflecting a $19.4 million positive swing and a transition from negative to positive equity.
With the audit complete, Creatd immediately submitted an amended draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission. Upon SEC review, the registration statement is expected to be publicly filed, supporting the company’s efforts to re-establish full reporting status and position for re-entry into a national exchange. The company views these accomplishments as deliberate steps toward a planned uplisting, enabled by strategic successes including the sale of its Flyte aviation business, balance sheet strengthening, and portfolio value increase.
Following the Flyte transaction, Creatd has operated without reliance on external financing at the parent level, providing flexibility to complete multiple years of PCAOB audited financials and continue executing on acquisitions aligned with its long-term strategy of integrating AI and technology resources into entrepreneurial turnaround opportunities. Chairman and CEO Jeremy Frommer stated, “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. 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.”
Frommer added that the company is actively pursuing material strategic acquisitions centered on platforms at the intersection of data processing and AI-driven monetization, which could drive cost efficiencies and scale revenues. Further details are expected soon. Creatd’s newsroom provides updates at https://tinyurl.com/crtdnewsroom.
For business and technology leaders, this development signals a company transforming its financial health and positioning for growth through AI-focused acquisitions. The successful audit and S-1 filing reduce regulatory risk and pave the way for a potential uplisting, which could increase liquidity and visibility. The focus on AI-driven monetization platforms aligns with industry trends, potentially offering a template for integrating AI into turnaround strategies.
