secwatch.observer — SEC 8-K summary
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Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001193125-23-085743
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CuriosityStream Q4 revenue falls to $14.5M; net loss widens to $14.5M; subscription price doubled
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- Q4 revenue $14.5M vs $27.3M YoY; gross profit $1.4M vs $10.0M; net loss $14.5M vs $11.4M.
- Full-year 2022 revenue $78.0M (+9% YoY); net loss $50.9M vs $37.6M; adjusted free cash flow improved to -$39.7M from -$73.6M.
- Subscription pricing raised to $4.99/month (from $2.99) and $39.99/year (from $19.99) for new subscribers effective March 27.
- Q1 2023 guidance: revenue $11-13M; adjusted free cash flow -$8 to -$6M.
- Cash and investments $55.5M with no debt as of Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000119312523085743/0001193125-23-085743-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000119312523085743/d828983d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-085743

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