secwatch.observer — SEC 8-K summary
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Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001213900-21-057750
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CuriosityStream Q3 revenue $18.7M (+114% YoY); net income $0.8M vs loss; FY 2021 revenue target of $71M fully committed
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- Revenue $18.7M, up 114% YoY; net income $0.8M vs net loss of $6.7M in Q3 2020.
- Total paying subscribers ~20M, up 43% YoY; gross margin 49% vs 61% in prior year.
- Full-year 2021 revenue guidance of at least $71M, representing 80% YoY growth, now 100% committed.
- EBITDA loss of $7.9M compared to $6.7M loss in Q3 2020.
- Announced enhanced strategic partnership with and investment into Nebula, creator-owned streaming platform with 350K subscribers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000121390021057750/0001213900-21-057750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000121390021057750/ea150233-8k_curiosity.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-057750

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