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CURICuriosityStream Inc.
$2.56$152M
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HomeStocksCURIBalance Sheet

CuriosityStream Inc. (CURI) Balance Sheet

8Y historyFree accessUpdated daily

The company's financial position has deteriorated, with total assets declining from $101.0 million in 2023Q4 to $69.2 million in 2026Q1, while total debt increased to $6.8 million.

CURI Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18
Total Current Assets27.47M37.44M39.52M45.29M69.51M113.29M51.24M48.58M99.91M
Cash & Short-Term Investments16.9M18.32M32.06M37.72M54.99M81.05M33.37M44.34M96.18M
Cash Only16.9M18.32M7.83M37.72M40.01M15.22M11.2M8.82M62.52M
Short-Term Investments0024.24M014.99M65.83M22.17M35.52M33.66M
Accounts Receivable5.81M8.89M6.1M4.76M10.9M23.49M7.22M1.78M1.27M
Days Sales Outstanding44.8545.343.5630.5450.97120.3366.5335.9849.8
Inventory0000006.18M00
Days Inventory Outstanding------146.33--
Other Current Assets4.76M10.22M1.35M2.81M3.62M8.74M4.47M2.33M2.46M
Total Non-Current Assets41.69M38.3M46.66M55.73M84.6M104.29M37.35M33.88M13.92M
Property, Plant & Equipment3.06M3.17M3.58M4.08M4.8M1.34M1.35M1.45M884K
Fixed Asset Turnover22.35x22.63x14.26x13.95x16.27x53.10x29.44x12.42x10.57x
Goodwill000002.79M000
Intangible Assets0031.51M44.94M68.5M74.05M32.93M04.01M
Long-Term Investments17.76M3.67M11.31M6.35M10.77M25.42M2.83M15.65M8.92M
Other Non-Current Assets35.67M31.46M257K358K539K689K254K16.78M112K
Total Assets69.16M75.73M86.18M101.02M154.11M217.58M88.59M82.46M113.83M
Asset Turnover0.96x0.95x0.59x0.56x0.51x0.33x0.45x0.22x0.08x
Asset Growth %-59.15%-12.13%-14.69%-34.45%-29.17%145.59%7.43%-27.55%-
Total Current Liabilities28.79M30.31M23.86M23.4M30.96M47.97M21.68M17.92M7.13M
Accounts Payable6.42M9.45M5.61M4.76M6.07M3.43M3.58M5.25M2.88M
Days Payables Outstanding70.45110.8580.748.9242.9534.1284.68281.1272.72
Short-Term Debt3.49M8.97M0000000
Deferred Revenue (Current)34.87M8.41M10.97M14.52M14.28M22.43M12.68M7.1M0
Other Current Liabilities10.27M3.49M1.99M407K2.86M9.68M2.12M5.57M4.26M
Current Ratio0.95x1.23x1.66x1.94x2.25x2.36x2.36x2.71x14.00x
Quick Ratio0.95x1.23x1.66x1.94x2.25x2.36x2.08x2.71x14.00x
Cash Conversion Cycle-25.6-----128.18--
Total Non-Current Liabilities3.9M3.93M4.47M4.98M5.53M7.67M21.94M824K0
Long-Term Debt3.35M3.46M0000000
Capital Lease Obligations10.71M03.89M4.28M4.65M0000
Deferred Tax Liabilities000000000
Other Non-Current Liabilities554K470K584K695K879K7.67M21.94M824K0
Total Liabilities32.7M34.24M28.33M28.38M36.49M55.64M43.62M18.74M7.13M
Total Debt6.84M12.43M4.28M4.28M4.65M0000
Net Debt-10.06M-5.89M-3.54M-33.43M-35.36M-15.22M-11.2M-8.82M-62.52M
Debt / Equity0.19x0.30x0.07x0.06x0.04x----
Debt / EBITDA3.24x1.69x0.70x------
Net Debt / EBITDA-4.76x-0.80x-0.58x------
Interest Coverage---------
Total Equity36.46M41.49M57.85M72.65M117.63M161.94M44.97M63.72M105.05M
Equity Growth %-112.8%-28.28%-20.37%-38.24%-27.36%260.06%-29.42%-39.34%-
Book Value per Share0.620.721.061.372.233.130.864.845.25
Total Shareholders' Equity36.46M41.49M57.85M72.65M117.63M161.94M44.97M63.72M105.05M
Common Stock5K5K5K5K5K5K4K1K200K
Retained Earnings-342.12M-335.84M-308.41M-290M-241.1M-190.18M-152.55M-91.64M-34.44M
Treasury Stock0-251K-251K000000
Accumulated OCI0000-40K-222K10K189K5K
Minority Interest000000000

Key Metrics

Growth RegimeDecelerating
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidity and capital exhaustion

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Balance Sheet Erosion Accelerates Rapidly

As reported in recent financial statements, CuriosityStream's total assets have declined from $101.0 million in 2023Q4 to $69.2 million by 2026Q1, reflecting a consistent contraction in the company's resource base as it struggles to achieve sustainable profitability while managing ongoing operational cash requirements.

The consistent decline in total assets suggests that the company is consuming its capital base to fund operations rather than reinvesting for growth. This trajectory warrants close monitoring, as the shrinking asset base may limit future strategic flexibility and the ability to maintain the content library.

Liquidity Buffer Nearing Critical Thresholds

Based on the company's 2026Q1 filings, the current ratio has compressed to 0.95, a significant deterioration from the 2.17 level observed in 2024Q2, indicating that current liabilities now exceed current assets and leaving the firm with limited flexibility to absorb unexpected operational shocks.

The drop in the current ratio below parity suggests that the company may face increasing pressure to secure additional financing or aggressively manage working capital to meet short-term obligations. Investors should consider this a primary indicator of heightened financial risk given the company's history of negative operating cash flows.

Leverage Profile Shifts Toward Necessity

According to the latest quarterly data, CuriosityStream's total debt increased to $6.8 million in 2026Q1 from a low of $4.0 million in 2024Q3, signaling a shift toward debt-based financing as internal cash generation remains insufficient to cover the company's ongoing capital requirements.

While the debt-to-equity ratio remains relatively low at 0.19, the recent uptick in debt usage suggests that management is increasingly relying on external credit to bridge the gap between operating expenses and revenue. This trend may indicate that the company's internal cash flow durability is insufficient to support its current business model.

Equity Base Eroded by Losses

As indicated by the financial statements, shareholders' equity has fallen from $72.6 million in 2023Q4 to $36.5 million in 2026Q1, primarily driven by the accumulation of significant retained losses which reached negative $342.1 million in the most recent quarter.

The persistent growth of the deficit in retained earnings highlights the structural difficulty the company faces in achieving profitability. This erosion of equity suggests that the business model has yet to demonstrate the scalability required to generate value for shareholders, making the current valuation highly dependent on future performance improvements.

Goodwill Impairment Risk Remains Hidden

Based on the provided balance sheet data, the complete removal of $44.9 million in goodwill from 2023Q4 to 2026Q1 suggests that the company has already recognized significant impairment, which may indicate that previous acquisitions failed to deliver the expected strategic value to the core streaming business.

The total write-down of goodwill is a non-obvious indicator that the company's historical growth-by-acquisition strategy was value-destructive. Analysts should remain cautious regarding the valuation of remaining assets, as further impairments could potentially impact the already strained equity position.

CURI — Frequently Asked Questions

Quick answers to the most common questions about buying CURI stock.

What are the total assets of CuriosityStream Inc. (CURI)?

As of 2025, CuriosityStream Inc. (CURI) had total assets of $75.7M including $37.4M in current assets.

How much debt does CuriosityStream Inc. (CURI) have?

CuriosityStream Inc. (CURI) carries total debt of $12.4M, offset by $18.3M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of CuriosityStream Inc.?

CuriosityStream Inc. (CURI) has total shareholders' equity (book value) of $41.5M ($0.72 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is CuriosityStream Inc.'s current ratio and liquidity?

CuriosityStream Inc. (CURI) reported a current ratio of 1.23x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.