---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-021130"
form_type: "8-K"
ticker: "CURI"
cik: "0001776909"
company_name: "CuriosityStream Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:30:21.054801+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CuriosityStream Q1 revenue $12.0M, net loss narrows to $5.0M; CFO change effective May 31

## Summary
- Revenue $12.0M vs $12.4M YoY; gross profit $5.3M up from $3.4M; net loss $5.0M vs $7.7M.
- Achieved positive adjusted free cash flow of $1.2M for first time; cash $38.9M, no debt.
- Board declared $0.025/share quarterly dividend payable July 31, 2024 to holders of record July 12.
- CFO Peter Westley departs May 31, returns to consulting; P. Brady Hayden named new CFO.
- Q2 2024 guidance: revenue $12M-$13M, adjusted free cash flow $1.5M-$2.5M.

## SEC filing metadata
- accession: 0001628280-24-021130
- form_type: 8-K
- ticker: CURI
- cik: 0001776909
- company_name: CuriosityStream Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776909/000162828024021130/0001628280-24-021130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776909/000162828024021130/curi-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-021130
- JSON: https://secwatch.observer/filing/0001628280-24-021130.json
- Plain text: https://secwatch.observer/filing/0001628280-24-021130.txt

## Key facts
- Earnings Releases
  CuriosityStream Inc. reported the second quarter of 2024 results: revenue Revenue within the range of $12.0 - $13.0 million. Guidance initiated.
  - Period: the second quarter of 2024
  - Revenue: Revenue within the range of $12.0 - $13.0 million
  - Guidance: initiated
  - Result: guidance update
  source text: CuriosityStream expects the following for the second quarter of 2024: • Revenue within the range of $12.0 - $13.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776909/000162828024021130/0001628280-24-021130-index.htm
- Earnings Releases
  CuriosityStream Inc. reported the first quarter ended March 31, 2024 results: revenue $12.0 million, net income Net loss of $5.0 million.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $12.0 million
  - Net income: Net loss of $5.0 million
  - Result: reported results
  source text: believe our dividend program, which is being paid from surplus cash, underscores our positive trajectory for 2024 and beyond." First Quarter 2024 Financial Results • Revenue of $12.0 million, compared to $12.4 million in the first quarter of 2023; • Gross profit of $5.3 million, compared to $3.4 million in the first quarter of 2023; • Total advertising and marketing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776909/000162828024021130/0001628280-24-021130-index.htm
- Executive change
  Peter Westley departed as Chief Financial Officer at CuriosityStream Inc..
  - Action: leave
  - Role: Chief Financial Officer
  source text: Effective May 31, 2024, Peter Westley will leave his position as Chief Financial Officer and return to a consulting position with the Company pursuant to a Services Agreement, effective June 1, 2024 (the “Services Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776909/000162828024021130/0001628280-24-021130-index.htm
- Executive change
  P. Brady Hayden was named as Chief Financial Officer at CuriosityStream Inc..
  - Action: named
  - Role: Chief Financial Officer
  source text: P. Brady Hayden, 51, will be named Chief Financial Officer effective May 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776909/000162828024021130/0001628280-24-021130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.