secwatch.observer — SEC 8-K summary
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Issuer:     CREATIVE REALITIES, INC. (CREX)
CIK:        0001356093
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001437749-25-016603
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creative Realities Q1 revenue $9.7M (-21% YoY); net income $3.4M from $4.8M gain
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- Revenue $9.7M vs $12.3M YoY; hardware $3.4M, services $6.3M both down on deployment timing.
- Net income $3.4M ($0.32 diluted) vs net loss $0.1M; includes $4.8M gain on contingent consideration settlement.
- Adjusted EBITDA $0.5M vs $0.8M YoY; ARR ~$17.3M at quarter end vs $16.8M at Dec 31, 2024.
- New win with upscale restaurant chain (>1,000 locations) for indoor/outdoor menu board transformation; pilot in Q3.
- Total debt ~$23.2M (down from $25.8M); cash $1.1M; trailing 12-month net leverage 4.67x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1356093/000143774925016603/0001437749-25-016603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1356093/000143774925016603/crex20250508_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-016603

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer