XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash $ 706,224 $ 3,794,734
Accounts receivable, net 239,423 337,440
Inventory 404,970 106,403
Prepaid expenses and other current assets 128,547 236,665
Total Current Assets 1,479,164 4,475,242
Property and equipment, net 212,545 102,939
Intangible assets 230,084 2,432,841
Goodwill 46,460 1,374,835
Deposits and other assets 797,231 718,951
Minority investment in businesses 50,000
Operating lease right of use asset 2,054,265 18,451
Total Assets 4,819,749 9,173,259
Current Liabilities    
Accounts payable and accrued liabilities 7,565,720 3,730,540
Convertible Notes, net of debt discount and issuance costs 5,369,599 159,193
Current portion of operating lease payable 326,908 18,451
Note payable, net of debt discount and issuance costs 1,645,680 1,278,672
Deferred revenue 299,409 234,159
Total Current Liabilities 15,207,316 5,421,015
Non-current Liabilities:    
Note payable 38,014 63,992
Operating lease payable 2,077,618
Total Non-current Liabilities 2,115,632 63,992
Total Liabilities 17,322,948 5,485,007
Commitments and contingencies
Stockholders’ Equity (Deficit)    
Preferred stock
Common stock par value $0.001: 100,000,000 shares authorized; 39,062,386 issued and 38,969,013 outstanding as of December 31, 2022 and 16,691,170 issued and 16,685,513 outstanding as of December 31, 2021 39,062 16,691
Additional paid in capital 134,570,600 111,563,618
Less: Treasury stock, 93,373 and 5,657 shares, respectively (78,456) (62,406)
Accumulated deficit (146,142,373) (109,632,574)
Accumulated other comprehensive income (140,183) (78,272)
Total Creatd, Inc. Stockholders’ Equity (11,751,350) 1,807,057
Non-controlling interest in consolidated subsidiaries (751,849) 1,881,195
Total Stockholders' Deficit (12,503,199) 3,688,252
Total Liabilities and Stockholders’ Equity (Deficit) 4,819,749 9,173,259
Series E Preferred Stock    
Stockholders’ Equity (Deficit)    
Preferred stock