Creative Realities Inc 2026年季度报告

FORM 10-Q (Mark one)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-33169 Creative Realities, Inc.(Exact name of registrant as specified in its charter) (502) 791-8800Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and(2)has been subject to such filing requirements for the past 90days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Acceleratedfiler☐Smallerreportingcompany☒Emerging growth company☐ Largeacceleratedfiler☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act). Yes☐No☒ APPLICABLE ONLY TO CORPORATE ISSUERS As of May 13, 2026, the registrant had 10,567,268 shares of common stock outstanding. TABLE OF CONTENTS PagePART I–FINANCIAL INFORMATIONItem 1. Financial Statements.1Condensed Consolidated Balance Sheets as of March 31, 2026 (unaudited) and December 31, 20251Unaudited Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 20252Unaudited Condensed Consolidated Statements of Comprehensive (Loss) Income for the Three Months Ended March 31, 2026 and20253Unaudited Condensed Consolidated Statements of Changes in Stockholders’Equity for the Three Months Ended March 31, 2026 and20254Unaudited Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 20255Notes to Unaudited Condensed Consolidated Financial Statements6Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.21Item 3. Quantitative and Qualitative Disclosures About Market Risk.28Item 4. Controls and Procedures.28PART II - OTHER INFORMATIONItem 1. Legal Proceedings.29Item 1A. Risk Factors.29Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.29Item 3. Defaults Upon Senior Securities.29Item 4. Mine Safety Disclosures.29Item 5. Other Information.29Item 6. Exhibits.29SIGNATURES31 CREATIVE REALITIES, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except per share amounts) CREATIVE REALITIES, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except per share amounts)(Unaudited) CREATIVE REALITIES, INC.CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’EQUITY(in thousands, except shares)(Unaudited) CREATIVE REALITIES, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(Unaudited) CREATIVE REALITIES, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(in thousands, except share and per share amounts)(unaudited) NOTE 1: NATURE OF ORGANIZATION AND OPERATIONS Unless the context otherwise indicates, references in these Notes to the accompanying consolidated financial statements to“we,”“us,”“our”and“the Company”refer to Creative Realities, Inc. and its subsidiaries. Nature of the Company’s Business Creative Realities, Inc. is a Minnesota corporation that provides innovative digital marketing technology and solutions to retailcompanies, individual retail brands, enterprises and organizations throughout the United States and in certain international markets. TheCompany has expertise in a broad range of existing and emerging digital marketing technologies, as well as the related media managementand distribution software platforms and networks, device management, product management, customized software service layers, systems,experiences, workflows, and integrated sol