CuriosityStream Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 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
Consolidated Statements of Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| (unaudited and in thousands) | 2024 | 2023 |
| Cash flows from operating activities | ||
| Net loss | $(10,128) | $(44,237) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities | ||
| Change in fair value of warrant liability | 66 | (183) |
| Additions to content assets | (3,412) | (14,074) |
| Change in content liabilities | 92 | (2,734) |
| Amortization of content assets | 14,470 | 17,707 |
| Depreciation and amortization expenses | 285 | 370 |
| Impairment of content assets | — | 18,970 |
| Amortization of premiums and accretion of discounts associated with investments in debt securities, net | (166) | 26 |
| Stock-based compensation | 4,734 | 3,586 |
| Equity method investment loss | 2,175 | 5,092 |
| Other non-cash items | 359 | 362 |
| Changes in operating assets and liabilities | ||
| Accounts receivable | 260 | 4,022 |
| Other assets | 1,096 | 1,737 |
| Accounts payable | (728) | 903 |
| Accrued expenses and other liabilities | (658) | (3,947) |
| Deferred revenue | (3,329) | (1,230) |
| Net cash provided by (used in) operating activities | 5,116 | (13,630) |
| Cash flows from investing activities | ||
| Purchases of property and equipment | — | (5) |
| Investment in equity method investees | — | (992) |
| Maturities of investments in debt securities | — | 15,000 |
| Purchases of investments in debt securities | (29,968) | — |
| Net cash (used in) provided by investing activities | (29,968) | 14,003 |
| Cash flows from financing activities | ||
| Repurchases of common stock | (218) | — |
| Dividends paid | (2,676) | — |
| Payments related to tax withholding | (756) | (76) |
| Net cash used in financing activities | (3,650) | (76) |
| Net increase in cash, cash equivalents and restricted cash | (28,502) | 297 |
| Cash, cash equivalents and restricted cash, beginning of period | 38,215 | 40,507 |
| Cash, cash equivalents and restricted cash, end of period | $9,713 | $40,804 |
| Supplemental disclosure: | ||
| Cash paid for taxes | $71 | $144 |
| Cash paid for operating leases | $416 | $360 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.