secwatch.observer — SEC 8-K summary
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Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001213900-22-025998
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CuriosityStream Q1 revenue $17.6M (+77% YoY); targets positive cash flow by Q1 2023
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- Revenue $17.6M, up 77% YoY; paying subscribers ~24M, up 50% YoY.
- Net loss $(15.9)M improved from $(18.8)M YoY; EBITDA $(19.3)M vs $(15.1)M.
- New target: positive cash flow from operations in Q1 2023; cash & investments $85M.
- H1 2022 guidance: revenue $38-40M; EBITDA $(35)-$(33)M.
- Plans to expand Free, Ad-supported Streaming TV (FAST) channels later in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000121390022025998/0001213900-22-025998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000121390022025998/ea159835-8k_curiosity.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-025998

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