CuriosityStream Inc
For the period ended Dec 31, 2023. Filed Mar 25, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 25, 2024
CURI$2.41-3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Cash flows from operating activities | ||
| Net loss | $(48,896) | $(50,917) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Change in fair value of warrant liability | (213) | (5,404) |
| Additions to content assets | (18,316) | (34,771) |
| Change in content liabilities | (2,455) | (6,822) |
| Amortization of content assets | 22,905 | 39,291 |
| Depreciation and amortization expenses | 496 | 699 |
| Impairment of content assets | 18,970 | — |
| Impairment of goodwill and intangible assets | — | 3,603 |
| Amortization of premiums and accretion of discounts associated with investments in debt securities, net | 26 | 1,191 |
| Stock-based compensation | 3,999 | 6,644 |
| Equity interests loss | 5,404 | 846 |
| Other non-cash items | 481 | 1,141 |
| Changes in operating assets and liabilities | ||
| Accounts receivable | 6,139 | 11,862 |
| Other assets | 855 | 3,355 |
| Accounts payable | (1,295) | 2,654 |
| Accrued expenses and other liabilities | (4,542) | (4,645) |
| Deferred revenue | 270 | (8,250) |
| Net cash used in operating activities | (16,172) | (39,523) |
| Cash flows from investing activities | ||
| Purchases of property and equipment | (5) | (130) |
| Investment in equity method investees | (992) | (2,438) |
| Sales of investments in debt securities | — | 22,893 |
| Maturities of investments in debt securities | 15,000 | 43,873 |
| Purchases of investments in debt securities | — | (1,497) |
| Net cash provided by investing activities | 14,003 | 62,701 |
| Cash flows from financing activities | ||
| Payments related to tax withholding | (123) | (218) |
| Net cash used in provided by financing activities | (123) | (218) |
| Net (decrease) increase in cash, cash equivalents and restricted cash | (2,292) | 22,960 |
| Cash, cash equivalents and restricted cash, beginning of period | 40,507 | 17,547 |
| Cash, cash equivalents and restricted cash, end of period | $38,215 | $40,507 |
| Supplemental disclosure: | ||
| Cash paid for taxes | $195 | $614 |
| Cash paid for operating leases | 466 | 486 |
| Right-of-use assets obtained in exchange for new operating lease liabilities | — | 3,965 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.