CREATIVE REALITIES, INC. 10-Q

Item 5. Other Information As previously reported in prior filings with the SEC, on February 20, 2020, Creative Realities, Inc. and Allure made a demand for arbitration against Christie Digital Systems, Inc. (“Seller”) for (1) breach of contract, (2) indemnification, and (3) fraudulent misrepresentation under the Stock Purchase Agreement dated September 20, 2018. This demand included a claim for the right to offset the amounts owing under the Amended and Restated Seller Note due February 20, 2020. We did not pay the Amended and Restated Seller Note on its maturity date. On February 27, 2020, Seller sent the Company a notice of breach for failure to pay the Amended and Restated Seller Note on the maturity date of February 20, 2020 and demanding immediate payment. On May 13, 2021, the Company and Seller entered into a settlement agreement wherein neither party admitted liability, and the Company agreed to pay, and Seller agreed to accept, $100 as settlement in full for the outstanding balance of principal and accrued interest under the Amended and Restated Seller Note and a mutual release of all claims related to the Seller Note and sale transaction under the Allure Purchase Agreement and all related agreements. The Company expects to record a gain on settlement of obligations of $1,624 during the three months ended June 30, 2021. 29 Item 6. Exhibits Exhibit No. Description 10.1 Amended and Restated Loan and Security Agreement by and among the Company, its subsidiaries and Slipstream Communications, LLC (incorporated by reference to Exhibit 10.36 to the Company’s Annual Report on Form 10-K filed March 10, 2021) 10.2 Securities Purchase Agreement dated February 18, 2021 by and between Creative Realities, Inc. and purchaser identified on the signature page thereto (incorporated by reference to Exhibit 10.1 of the registrant’s report on Form 8-K filed with the SEC on February 19, 2021) 31.1 Chief Executive Officer Certification pursuant to Exchange Act Rule 13a-14(a). 31.2 Chief Financial Officer Certification pursuant to Exchange Act Rule 13a-14(a). 32.1 Chief Executive Officer Certification pursuant to 18 U.S.C. Section 1350. 32.2 Chief Financial Officer Certification pursuant to 18 U.S.C. Section 1350. 99.1 Press release dated May 17, 2021 101.INS XBRL Instance Document 101.SCH XBRL Taxonomy Extension Schema 101.CAL XBRL Taxonomy Extension Calculation Linkbase 101.DEF XBRL Taxonomy Extension Definition Linkbase 101.LAB XBRL Taxonomy Extension Label Linkbase 101.PRE XBRL Taxonomy Extension Presentation Linkbase 30 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Creative Realities, Inc. Date: May 17, 2021 By /s/ Richard Mills Richard Mills Chief Executive Officer By /s/ Will Logan Will Logan Chief Financial Officer 31