secwatch.observer — SEC 8-K summary
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Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001193125-23-212323
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CuriosityStream Q2 2023 revenue $14.1M down 37% YoY; net loss narrows
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- Revenue $14.1M vs $22.3M YoY (-37%); net loss improved to $9.9M from $16.0M.
- Adjusted EBITDA -$6.5M vs -$10.6M YoY; cash $44.8M with no debt.
- Q3 2023 guidance: revenue $13.5-$15.5M; Adjusted FCF -$5.5 to -$3.5M.
- New licensing deals in UK, Europe, Middle East; pricing increase rollout underway.
- Advertising/marketing and G&A costs cut 44% YoY to $12.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000119312523212323/0001193125-23-212323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000119312523212323/d491888d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-212323

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