---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-142111"
form_type: "8-K"
ticker: "CURI"
cik: "0001776909"
company_name: "CuriosityStream Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:28:34.104437+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CuriosityStream Q1 revenue $12.4M, net loss $(7.8)M; guides Q2 revenue $13-15M

## Summary
- Revenue $12.4M, down 30% YoY from $17.6M; gross profit $3.4M vs $5.8M.
- Net loss $(7.8)M improved from $(15.9)M; Adjusted EBITDA $(6.4)M vs $(17.5)M.
- Cash and restricted cash $49.2M, no debt; operating expenses cut 56% YoY to $11.2M.
- Q2 2023 guidance: revenue $13-15M, Adjusted Free Cash Flow $(6)-$(4)M.
- Expanded global distribution via Prime Video India, Fetch TV Australia, Ziggo, and others.

## SEC filing metadata
- accession: 0001193125-23-142111
- form_type: 8-K
- ticker: CURI
- cik: 0001776909
- company_name: CuriosityStream Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776909/000119312523142111/0001193125-23-142111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776909/000119312523142111/d347403d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-142111
- JSON: https://secwatch.observer/filing/0001193125-23-142111.json
- Plain text: https://secwatch.observer/filing/0001193125-23-142111.txt

## Key facts
- Earnings Releases
  CuriosityStream Inc. reported Q1 2023 results: revenue $12.4 million, net income $(7.8) million.
  - Period: Q1 2023
  - Revenue: $12.4 million
  - Net income: $(7.8) million
  - Result: reported results
  source text: First Quarter 2023 Financial Results • Revenue of $12.4 million, compared to $17.6 million in the first quarter of 2022; • Gross profit of $3.4 million, compared to $5.8 million in the first quarter of 2022; • Total advertising and marketing and general and administrative expenses of $11.2 million, a 56% year-over-year reduction; • Net loss of $(7.8) million, compared to net loss of $(15.9) million in the first quarter of 2022; • Adjusted EBITDA of $(6.4) million, compared to Adjusted EBITDA of $(17.5) million in the first quarter of 2022; • Adjusted Free Cash Flow of $(6.3) million, compared to Adjusted Free Cash Flow of $(12.3) million in the first quarter of 2022; and • Cash and restricted cash balance of $49.2 million and no debt as of March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776909/000119312523142111/0001193125-23-142111-index.htm
- Earnings Releases
  CuriosityStream Inc. reported Q2 2023 results: revenue $13 – $15 million. Guidance initiated.
  - Period: Q2 2023
  - Revenue: $13 – $15 million
  - Guidance: initiated
  - Result: guidance update
  source text: Financial Outlook CuriosityStream expects the following for the second quarter of 2023: • Revenue within the range of $13 – $15 million • Adjusted Free Cash Flow within the range of $(6) – $(4) million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776909/000119312523142111/0001193125-23-142111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
