secwatch.observer — SEC 8-K summary
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Issuer:     Creatd, Inc. (CRTD)
CIK:        0001357671
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0001213900-24-032089
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creatd announces FY2023 revenue guidance of $2M, expects significant growth in FY2024
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- FY2023 revenue guidance of $2M; management expects significant growth in FY2024.
- Cost of revenue cut 83% to $1M; operating expenses down 63% to $8.6M (adj. for SBC).
- Gross margins positive at $900K vs -$1.3M in 2022; net cash used in ops reduced 131% to $3.4M.
- TAMI Ventures/Bettaverse definitive agreement deadline extended to 4/23/2024; 10-K expected mid-May.
- Company interviewing underwriters for potential uplisting to national exchange later this year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357671/000121390024032089/0001213900-24-032089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357671/000121390024032089/ea020372401-8k_creatd.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-032089

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