secwatch.observer — SEC 8-K summary
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Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001193125-23-142111
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000119312523142111/0001193125-23-142111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000119312523142111/d347403d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-142111

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