secwatch.observer — SEC 8-K summary
======================================

Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001628280-25-022688
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CuriosityStream reports first-ever positive net income in Q1 2025; dividend doubled
--------------------------------------------------------------------------------

- Revenue $15.1M (+26% YoY); net income $0.3M vs loss of $5.0M in Q1 2024.
- Adjusted EBITDA $1.1M vs loss of $2.8M; adjusted FCF $2.0M at top end of guidance.
- Quarterly dividend raised 100% to $0.08/share ($0.32 annual), payable June 20, record June 6.
- Q2 revenue guidance $16-17M (30-37% YoY growth); adjusted FCF guidance $2-3M.
- No debt; cash, restricted cash and securities of $39.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000162828025022688/0001628280-25-022688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000162828025022688/curi-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-022688

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