secwatch.observer — SEC 8-K summary
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Issuer:     CuriosityStream Inc. (CURI)
CIK:        0001776909
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001628280-26-016903
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 FY 2025 revenue up 40% to $71.7M; board adds $2M share repurchase
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- FY 2025 revenue $71.7M (+40% YoY); record gross profit $40.5M (57% margin vs 50% in 2024).
- Adjusted EBITDA $8.2M (vs -$6.0M in 2024); operating cash flow $13.1M (+60%).
- Net loss $6.4M includes $14.4M stock-based comp; Q4 net loss $3.8M (SBC $4.3M).
- Board authorized additional $2M for share repurchases, total authorized $6M.
- H1 2026 guidance: revenue $38-42M; adjusted free cash flow $6-9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776909/000162828026016903/0001628280-26-016903-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776909/000162828026016903/curi-20260311.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-016903

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