secwatch.observer — SEC 8-K summary
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Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001213900-22-048117
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CuriosityStream Q2 revenue up 46% to $22.3M; net loss widens to $16.0M
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- Revenue $22.3M vs $15.3M in Q2 2021; net loss $(16.0)M vs $(8.3)M.
- Total paying subscribers ~25M, up >25% YoY; gross profit $9.4M.
- Q3 guidance: revenue $21-23M, EBITDA loss $(11)-$(9)M.
- Peter Westley appointed CFO from Blum Capital Partners.
- Sequential cash used in ops reduced >50%; gross margin improved >9 pts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000121390022048117/0001213900-22-048117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000121390022048117/ea164411-8k_curiosity.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-048117

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