CREATD, INC.
Income Statement
| Line Item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8M | $4.3M | $1.2M | $453.0K | $80.9K | $95.7K | $223.9K | $767.5K |
| Cost of Revenue | $6.1M | $5.3M | $1.5M | — | — | — | $43.3K | $183.5K |
| Gross Profit | $-1.3M | $-1.0M | $-282.2K | $453.0K | $80.9K | $95.7K | $180.6K | $584.0K |
| Gross Margin | -27.4% | -23.3% | -23.3% | 100.0% | 100.0% | 100.0% | 80.7% | 76.1% |
| Operating Expenses | ||||||||
| Research & Development | $951.4K | $983.5K | $257.4K | $1.1M | $636.2K | $590.2K | — | — |
| SG&A Expense | $9.7M | $4.6M | $6.0M | $6.5M | $1.7M | $1.3M | $1.1M | $519.8K |
| Operating Income | $-29.0M | $-33.4M | $-16.3M | $-7.2M | $-5.7M | $-5.6M | $-3.7M | $-2.9M |
| Operating Margin | -605.3% | -776.1% | -1,342.5% | -1,593.1% | -7,028.9% | -5,815.1% | -1,648.6% | -371.5% |
| Interest Expense | $821.1K | $372.1K | $1.4M | $612.8K | $923.0K | $477.0K | $3.5M | $488.7K |
| Pretax Income | $-35.7M | $-37.4M | $-24.2M | $-8.0M | $-12.0M | $-8.8M | $-7.4M | $-3.3M |
| Income Tax Expense | — | $37.4M | $24.2M | — | — | — | — | — |
| Net Income | $-32.3M | $-37.3M | $-24.2M | $-8.0M | $-12.0M | $-8.8M | $-7.4M | $-3.3M |
| Net Margin | -673.3% | -867.3% | -1,996.3% | -1,773.8% | -14,850.2% | -9,149.3% | -3,301.0% | -435.1% |
| EPS (Basic) | $-1.66 | $-2.98 | $-5.68 | $-2.93 | $-4.16 | $-0.23 | $-0.23 | $-0.12 |
| EPS (Diluted) | $-1.60 | $-3.44 | $-5.68 | $-2.93 | $-4.16 | $-0.23 | $-0.23 | $-0.12 |
| Shares Outstanding (Basic) | 22.0M | 12.7M | 8.7M | 3.0M | 6.4M | 39.5M | 33.9M | 28.5M |
| Shares Outstanding (Diluted) | 22.0M | 12.7M | 8.7M | 3.0M | 6.4M | 39.5M | 33.9M | 28.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |