Welcome to our dedicated page for CREATIVE REALITIES SEC filings (Ticker: CREX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Creative Realities, Inc. filings document the company’s digital signage, media and AdTech business, operating results and formal capital-structure actions. Recent 8-K reports cover quarterly and annual results, the completed warrant repurchase and cancellation, amendments to credit arrangements, and financing activity involving Series A Convertible Preferred Stock.
The company’s regulatory record also includes proxy materials addressing board composition, shareholder voting matters, executive compensation and equity awards. Other filings document reporting status, including a Form 12b-25 notice for an annual report, and material-event disclosures related to acquisition financing, governance changes, Nasdaq rule compliance and debt facilities used for corporate purposes.
Creative Realities, Inc. reported strong top-line growth but continued losses for the quarter and six months ended June 30, 2026. Total sales were $21.5 million for the quarter and $37.9 million for the first half of 2026, up 65% and 66% year over year, driven mainly by the November 2025 acquisition of Cineplex Digital Media and higher services revenue.
The company posted a quarterly net loss of $3.9 million and a six‑month net loss of $11.4 million, versus income of $1.6 million in the prior-year period, as operating expenses nearly doubled and interest expense more than tripled. Gross margin compressed to 37% for the six months.
Liquidity improved: cash and cash equivalents rose to $10.7 million from $1.6 million at year‑end, aided by a $10.8 million underwritten equity and pre-funded warrant offering and positive operating cash flow of $1.0 million. Management states that these actions and emerging CDM synergies have alleviated prior substantial doubt about the company’s ability to continue as a going concern for at least twelve months, though leverage remains significant with total debt of $47.1 million and redeemable preferred stock with a $31.0 million liquidation preference.
Creative Realities, Inc. reported strong top-line growth for the quarter ended June 30, 2026. Sales were $21.5 million, up from $13.0 million a year earlier, driven by services and the acquisition of Cineplex Digital Media, with service revenue more than doubling to $14.0 million. Hardware sales increased modestly to $7.5 million. Gross profit rose to $8.3 million, while consolidated gross margin was essentially flat at 38.6%.
Operating expenses expanded significantly, largely from integrating CDM, lifting sales and marketing to $2.0 million and G&A to $9.0 million. The company recorded an operating loss of $2.7 million and a net loss attributable to common shareholders of $4.3 million, or $(0.41) per diluted share. Adjusted EBITDA improved to $2.0 million from $1.1 million.
Cash rose sharply to $10.7 million from $1.6 million at December 31, 2025, helped by a registered offering that raised $10.8 million and higher revolving credit usage. Total debt stood at $46.6 million. Annualized recurring revenue reached $20.5 million, underscoring a growing subscription and services base, while management highlighted new wins, including the Tennessee Titans’ New Nissan Stadium.
Mink Brook Asset Management LLC, together with affiliated entities Mink Brook Partners LP, Mink Brook Capital GP LLC, and William Mueller, reports passive ownership of Creative Realities, Inc. common stock. The group beneficially owns 1,166,954 shares, representing 8.9% of the common stock.
The ownership is reported with shared voting and dispositive power over all 1,166,954 shares and no sole voting or dispositive power. The percentage is based on 13,097,892 shares outstanding as of June 30, 2026, as disclosed in a Form 424B5. All securities are held in advisory client accounts of Mink Brook Asset Management LLC, and each reporting person disclaims beneficial ownership beyond its pecuniary interest.
CREATIVE REALITIES, INC. Chief Executive Officer Richard C. Mills reported an open-market purchase of 200,000 shares of Common Stock at $3.50 per share. After this transaction, he directly owns 952,601 common shares and indirectly holds 29,325 shares through RFK Communications, LLC, over which he has voting and investment power.
The filing also notes a grant of 450,000 Restricted Stock Units (RSUs) under the company’s 2023 Stock Incentive Plan. These RSUs vest in three tranches of 150,000 units on December 31, 2025, July 3, 2027, and July 3, 2028, with potential acceleration upon certain events such as death, disability, qualifying termination, or a defined Sale Transaction.
Creative Realities, Inc. Chief Financial Officer Tamra L. Koshewa reported an open-market purchase of 28,571 shares of the company’s Common Stock. The transaction took place on June 30, 2026 at a price of $3.50 per share. Following this purchase, she directly owns 28,571 shares of Creative Realities common stock.
Creative Realities, Inc. insider Richard C. Mills filed an amended Schedule 13D reporting beneficial ownership of 1,703,927 shares of Common Stock, representing 11.9% of the company’s outstanding shares. His holdings include directly owned shares, restricted stock units, vested stock options, and shares held through RFK Communications, LLC.
On June 30, 2026, Mills purchased 200,000 shares from the underwriter in a public offering of common stock and pre-funded warrants. In connection with that offering, he entered into a 90-day lock-up agreement starting June 29, 2026, restricting most sales of his Creative Realities securities unless the underwriter waives those limits.
Creative Realities, Inc. entered into an underwriting agreement for an underwritten public offering of 2,528,571 shares of common stock at $3.50 per share and pre-funded warrants to purchase 900,000 shares at $3.49 per warrant. The company also granted a 30-day option for the underwriter to buy up to 428,614 additional shares at the same public price, less underwriting discounts and commissions. Gross proceeds are expected to be about $12.0 million, with net proceeds estimated at $10.9 million, or $12.3 million if the option is fully exercised. The company plans to repay $1 million of its term loan and use the remaining net proceeds to reduce its revolving loan, increasing availability for potential acquisitions and general corporate purposes.
Creative Realities, Inc. is offering 2,528,571 shares of common stock and pre-funded warrants to purchase 900,000 shares of common stock (900,000 underlying shares) in a registered primary offering.
The public offering price is $3.50 per common share and $3.49 per pre-funded warrant; each pre-funded warrant is exercisable for one share at an exercise price of $0.01, is exercisable upon issuance (subject to an ownership limitation), and will not expire. Net proceeds are estimated at approximately $10.9 million, which the company intends to use to repay about $1.0 million of term loan obligations and to pay down its revolving credit facility, with remaining proceeds available for potential acquisitions and general corporate purposes.
As disclosed for context, shares outstanding were 10,569,321 as of June 22, 2026, and the company reports common stock to be outstanding immediately after the offering of 13,097,892 shares (excluding shares issuable upon exercise of the pre-funded warrants). The filing notes a Beneficial Ownership Limitation of 4.99% (electable to 9.99%) applicable to exercises of the pre-funded warrants.
Creative Realities, Inc. has commenced an underwritten public offering of its common stock and, for certain investors, pre-funded warrants to purchase common stock. The company also plans to give the underwriter a 30-day option to buy up to an additional 12.5% of the shares offered. Net proceeds are expected to be used for working capital, general corporate purposes, debt paydown and potential acquisitions.
For the quarter ending June 30, 2026, Creative Realities preliminarily estimates unaudited revenue between $21.0 million and $23.0 million and Adjusted EBITDA between $2.0 million and $2.2 million, implying an Adjusted EBITDA margin of about 10.0%. These figures are non-GAAP, unaudited, and may change after the quarter-end closing process.
Creative Realities, Inc. is offering shares of its common stock and pre-funded warrants exercisable at $0.01 per share. This prospectus supplement is preliminary and subject to completion; public offering prices, sizes and certain other terms remain to be finalized.
The supplement discloses an aggregate market value of common stock held by non-affiliates of $40.5 million based on 9,878,159 non-affiliate shares as of June 22, 2026 and a closing price of $4.10 on June 26, 2026. The company states it expects to use net proceeds to repay approximately $1.0 million of a term loan and to pay down its revolving facility to increase availability for potential acquisitions and general corporate purposes.