secwatch.observer — SEC 8-K summary
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Issuer:     CREATIVE REALITIES, INC. (CREX)
CIK:        0001356093
Form:       8-K
Filed at:   2026-05-15T11:45:16+00:00
Accession:  0001437749-26-017218
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creative Realities Q1 revenue $16.3M (+68% YoY) but net loss $7.5M vs prior year profit $3.4M
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- Net loss $7.5M ($0.74 diluted loss per share) vs net income $3.4M ($0.32 diluted) in Q1 2025.
- Adjusted EBITDA $(0.5)M, down from $0.5M in the prior-year period.
- Consolidated gross margin fell to 34.2% from 45.7%, driven by higher hardware mix and one-time costs.
- Debt increased to $47.5M at March 31, 2026 from $44.0M at December 31, 2025.
- Annualized recurring revenue flat at $20.1M; CEO cites weather delays, expects stronger rest of FY2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1356093/000143774926017218/0001437749-26-017218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1356093/000143774926017218/crex20260513_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-017218

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