CuriosityStream (CURI) 10-K 31 Mar 23 2022 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Mar. 29, 2023	Jun. 30, 2022
Document Information [Line Items]
Entity Registrant Name	CURIOSITYSTREAM INC.
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		52,961,067
Entity Public Float			$ 47.8
Amendment Flag	false
Entity Central Index Key	0001776909
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-39139
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1797523
Entity Address, Address Line One	8484 Georgia Ave
Entity Address, Address Line Two	Suite 700
Entity Address, City or Town	Silver Spring
Entity Address, State or Province	MD
Entity Address, Postal Zip Code	20910
City Area Code	301
Local Phone Number	755-2050
Entity Interactive Data Current	Yes
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Baltimore, Maryland
Common Stock [Member]
Document Information [Line Items]
Trading Symbol	CURI
Title of 12(b) Security	Common Stock, par value $0.0001
Security Exchange Name	NASDAQ
Warrant [Member]
Document Information [Line Items]
Trading Symbol	CURIW
Title of 12(b) Security	Warrants, each exercisable for one share of Common stock at an exercise price of $11.50 per share
Security Exchange Name	NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 40,007	$ 15,216
Restricted cash	500	2,331
Short-term investments in debt securities	14,986	65,833
Accounts receivable, net	10,899	23,493
Other current assets	3,118	6,413
Total current assets	69,510	113,286
Investments in debt securities		15,430
Investments in equity method investees	10,766	9,987
Property and equipment, net	1,094	1,342
Content assets, net	68,502	72,682
Intangibles, net	251	1,369
Goodwill		2,793
Operating lease right-of-use assets	3,702
Other assets	288	689
Total assets	154,113	217,578
Current liabilities
Content liabilities	2,862	9,684
Accounts payable	6,065	3,428
Accrued expenses and other liabilities	7,752	12,429
Deferred revenue	14,281	22,430
Total current liabilities	30,960	47,971
Warrant liability	257	5,661
Non-current operating lease liabilities	4,648
Other liabilities	622	2,011
Total liabilities	36,487	55,643
Stockholders' equity (deficit)
Common stock, $0.0001 par value – 125,000 shares authorized as of December 31, 2022 and December 31, 2021; 52,853 shares issued and outstanding as of December 31, 2022; 52,677 shares issued and outstanding as of December 31, 2021	5	5
Additional paid-in capital	358,760	352,334
Accumulated other comprehensive loss	(40)	(222)
Accumulated deficit	(241,099)	(190,182)
Total stockholders' equity (deficit)	117,626	161,935
Total liabilities and stockholders' equity (deficit)	$ 154,113	$ 217,578

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares shares in Thousands	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	125,000	125,000
Common stock, shares issued	52,853	52,677
Common stock, shares outstanding	52,853	52,677

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 78,043	$ 71,261
Operating expenses
Cost of revenues	51,536	36,673
Advertising and marketing	40,709	52,208
General and administrative	37,479	34,859
Impairment of goodwill and intangible assets	3,603
Total operating expenses	133,327	123,740
Operating loss	(55,284)	(52,479)
Change in fair value of warrant liability	5,404	15,182
Interest and other income	176	486
Equity interests loss	(846)	(464)
Loss before income taxes	(50,550)	(37,275)
Provision for income taxes	367	360
Net loss	$ (50,917)	$ (37,635)
Net loss per share
Basic (in Dollars per share)	$ (0.96)	$ (0.73)
Diluted (in Dollars per share)	$ (0.96)	$ (1.02)
Weighted average number of common shares outstanding
Basic (in Shares)	52,787	51,482
Diluted (in Shares)	52,787	51,789

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (50,917)	$ (37,635)
Other comprehensive income (loss)
Unrealized gain (loss) on available for sale securities	182	(232)
Total comprehensive loss	$ (50,735)	$ (37,867)

Consolidated Statement of Redee

Consolidated Statement of Redeemable Convertible Preferred Stock and Stockholder's Equity (Deficit) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Accumulated Deficit
Balance at Dec. 31, 2020	$ 44,974	$ 4	$ 197,507	$ 10	$ (152,547)
Balance (in Shares) at Dec. 31, 2020		40,289
Net loss	(37,635)				(37,635)
Stock-based compensation, net	6,510		6,510
Stock-based compensation, net (in Shares)		80
Issuance of Common Stock	94,101	$ 1	94,100
Issuance of Common Stock (in Shares)		7,475
Common Stock issuance costs	(707)		(707)
Exercise of Options	502		502
Exercise of Options (in Shares)		120
Exercise of Warrants	54,422		54,422
Exercise of Warrants (in Shares)		4,733
Cancellation of escrow shares
Cancellation of escrow shares (in Shares)		(20)
Other comprehensive income (loss)	(232)			(232)
Balance at Dec. 31, 2021	161,935	$ 5	352,334	(222)	(190,182)
Balance (in Shares) at Dec. 31, 2021		52,677
Net loss	(50,917)				(50,917)
Stock-based compensation, net	6,426		6,426
Stock-based compensation, net (in Shares)		176
Other comprehensive income (loss)	182			182
Balance at Dec. 31, 2022	$ 117,626	$ 5	$ 358,760	$ (40)	$ (241,099)
Balance (in Shares) at Dec. 31, 2022		52,853

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities
Net loss		$ (50,917)	$ (37,635)
Adjustments to reconcile net loss to net cash used in operating activities
Change in fair value of warrant liability		(5,404)	(15,182)
Additions to content assets		(34,771)	(65,637)
Change in content liabilities		(6,822)	7,568
Amortization of content assets		39,291	27,881
Depreciation and amortization expenses		699	612
Impairment of goodwill and intangible assets		3,603
Amortization of premiums and accretion of discounts associated with investments in debt securities, net		1,191	3,085
Stock-based compensation		6,644	6,964
Equity interests loss		846	464
Other non-cash items		1,141	240
Changes in operating assets and liabilities
Accounts receivable		11,862	(16,236)
Other assets		3,355	(2,652)
Accounts payable		2,654	(127)
Accrued expenses and other liabilities		(4,645)	7,414
Deferred revenue		(8,250)	9,999
Net cash used in operating activities		(39,523)	(73,242)
Cash flows from investing activities
Business acquisitions			(5,362)
Purchases of property and equipment		(130)	(351)
Investment in equity method investees		(2,438)	(9,638)
Sales of investments in debt securities		22,893	50,377
Maturities of investments in debt securities		43,873	41,900
Purchases of investments in debt securities		(1,497)	(151,861)
Net cash provided by (used in) investing activities		62,701	(74,935)
Cash flows from financing activities
Exercise of stock options			502
Exercise of warrants			54,898
Payments related to tax withholding		(218)	(454)
Proceeds from issuance of Common Stock			94,101
Payment of offering costs			(707)
Net cash (used in) provided by financing activities		(218)	148,340
Net increase in cash, cash equivalents and restricted cash		22,960	163
Cash, cash equivalents and restricted cash, beginning of period		17,547	17,384
Cash, cash equivalents and restricted cash, end of period		40,507	17,547
Supplemental disclosure:
Cash paid for taxes		614	269
Cash paid for operating leases		486	348
Right-of-use assets obtained in exchange for new operating lease liabilities	[1]	$ 3,965
[1]Includes adoption of new leasing guidance effective January 1, 2022. See Note 13 for further details.

Organization and Business

Organization and Business	12 Months Ended
	Dec. 31, 2022
Organization and Business [Abstract]
Organization and business	Note 1—Organization and business On October 14, 2020, Software Acquisition Group Inc., a special purpose acquisition company and a Delaware corporation (“SAQN”), consummated a reverse merger pursuant to that certain Agreement and Plan of Merger, dated August 10, 2020 (the “Business Combination”). Upon the consummation of the Business Combination, CuriosityStream Operating Inc., a Delaware corporation (“Legacy CuriosityStream”) became a wholly owned subsidiary of SAQN, and the registrant changed its name from “Software Acquisition Group Inc.” to “CuriosityStream Inc.” Following the consummation of the Business Combination, Legacy CuriosityStream changed its name from “CuriosityStream Operating Inc.” to “Curiosity Inc.” The principal business of CuriosityStream is to provide customers with access to high quality factual content via a direct subscription video on-demand si x on-demand ad-free non-fiction The Company’s content assets are available directly through its owned and operated website (“O&O Service”), mobile applications developed for iOS and Android operating systems (“App Services”), and via the platforms and systems of third-party partners in exchange for license fees. The Company offers subscribers a monthly or annual subscription. The price for a subscription varies depending on the content included (e.g., Direct Service or Smart Bundle service) and the length of the subscription (e.g., monthly or annual) selected by the customer. As an additional part of the Company’s App Services, it has built applications to make its service accessible on almost every major customer device, including streaming media players like Roku, Apple TV and Amazon Fire TV, major smart TV brands (e.g., LG, Vizio, Samsung) and gaming consoles. In addition, CuriosityStream has affiliate agreement relationships with, and its content assets are available through, certain multichannel video programming distributors (“MVPDs”) and virtual MVPDs (“vMVPDs”). The Company also has distribution agreements which grant other media companies certain distribution rights to the Company’s programs, referred to as content licensing deals. The Company also sells selected rights (such as in territories or on platforms that are not currently being exploited by the Company) to content created before production begins.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of presentation and summary of significant accounting policies	Note 2—Basis of presentation and summary of significant accounting policies Basis of presentation The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany balances and transactions have been eliminated. Use of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP and the rules and regulations of the U.S Securities and Exchange Commission (the “SEC”) requires management to make estimates and assumptions that affect amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Significant items subject to such estimates include the content asset amortization policy, the assessment of the recoverability of content assets, equity method investments, intangible assets and goodwill, the fair value of assets and liabilities for allocation of the purchase price of companies acquired, the fair value of share-based awards and liability classified warrants, and measurement of income tax assets and liabilities. Concentration of risk Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash, cash equivalents, investments, and accounts receivable. The Company maintains its cash, cash equivalents, and investments with high credit quality financial institutions; at times, such balances with the financial institutions may exceed the applicable FDIC-insured limits. Accounts receivables, net are typically unsecured and are derived from revenues earned from customers primarily located in the United States and Germany. During the year ended December 31, 2022, the top three customers accounted for 21% of the Company’s revenues with accounting During the year ended December 31, 2021, the top three customers accounted for 27% of the Company’s revenues with o i ng Cash, cash equivalents and restricted cash The Company considers investments in instruments purchased with an original maturity of 90 days or less to be cash equivalents. The Company also classifies amounts in transit from payment processors for customer credit card and debit card transactions as cash equivalents. Restricted cash maintained under agreements that legally restrict the use of such funds is not included within cash and cash equivalents and is reported in a separate line item on the consolidated balance sheets as of December 31, 2022 and 2021. A reconciliation of the Company’s cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statements of cash flows as of December 31, 2022 and 2021 is as follows: As of December 31, 2022 2021 (in thousands) Cash and cash equivalents $ 40,007 $ 15,216 Restricted cash 500 2,331 Cash, cash equivalents and restricted cash $ 40,507 $ 17,547 As of December 31, 2022, restricted cash includes cash deposits required by a bank as collateral related to corporate credit card agreements of $0.5 million. On March 4, 2022, the Now You Know Media Inc. (“Learn25”) holdback of $0.2 million was paid to the previous owners of Learn25 from escrow funds previously classified as restricted cash. On April 16, 2022, the Paycheck Protection Program (PPP) loan was forgiven, and $1.2 million of funds were released from escrow to the Company and reclassified from restricted cash to cash and cash equivalents. On May 11, 2022, the One Day University (“ODU”) holdback of $0.5 million was paid to the previous owners of ODU from escrow funds previously classified as restricted cash. Fair value measurement of financial instruments Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The applicable accounting guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the factors market participants would use in valuing the asset or liability. The guidance establishes three levels of inputs that may be used to measure fair value: • Level 1 – Quoted prices in active markets for identical assets or liabilities. • Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurements. The Company reviews the fair value hierarchy classification at each reporting period. Changes in the observability of valuation inputs may result in a reclassification of levels for certain securities within the fair value hierarchy. The Company’s assets measured at fair value on a recurring basis include its investments in money market funds and corporate, U.S. government, and municipal debt securities. Level 1 inputs were derived by using unadjusted quoted prices for identical assets in active markets and were used to value the Company’s investments in money market funds and U.S. government debt securities. Level 2 inputs were derived using prices for similar investments and were used to value the Company’s investments in corporate and municipal debt securities. The Company’s liabilities measured at fair value on a recurring basis include its Private Placement Warrants. The fair value of the Private Placement Warrants is considered a Level 3 valuation and is determined using the Black-Scholes valuation model. Refer to Note 7 for significant assumptions which the Company used in the fair value model for the Private Placement Warrants. The Company’s remaining financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, and accrued expenses and other liabilities are carried at cost, which approximates fair value because of the short-term maturity of these instruments. Investments The Company holds investments in money market funds, government debt securities, and corporate debt securities which the Company classifies as available-for-sale. Unrealized gains and losses are recorded in accumulated other comprehensive income or loss, a component of stockholders’ equity (deficit). Realized gains and losses are reclassified from accumulated other comprehensive income or loss into earnings as a component of net income or loss. The Company evaluates unrealized losses on investments, if any, to determine if other-than-temporary impairment is required to be recognized. No such other-than-temporary impairments were recognized during the years ended December 31, 2022 and 2021. Investments in debt securities that will mature within one year of the balance sheet dates are reflected as Short-term investments in debt securities in the accompanying consolidated balance sheets. Equity method investments The Company applies the equity method of accounting to investments when it has the ability to exercise significant influence, but not control, over the investee. Significant influence is presumed to exist when the Company owns betw of the voting interests in the investee, but the Company also applies judgment regarding its level of influence over the investee by considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s equity method investments are initially reported at cost and then adjusted each period for the Company’s share of the investee’s income or loss and dividends paid, if any. The Company’s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned “Equity interests income (loss)” on the consolidated statements of operations. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the consolidated statements of cash flows. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Management reviewed the underlying net assets of its investees as of December 31, 2022, and determined that the Company’s proportionate economic interest in its investees was not impaired. The carrying value of the Company’s equity method investments is reported as “Investment in equity method investees” on the consolidated balance sheets. Accounts receivables, net Accounts receivable is comprised of receivables from subscriptions revenue, license fees revenue, and other revenue. The Company records accounts receivable net of an allowance for doubtful accounts. The allowance is determined based on a review of the estimated collectability of the specific accounts and historical loss experience and existing economic conditions. Uncollectible amounts are written off against the allowance for doubtful accounts once management determines collection of an amount, or a portion thereof, to be less than probable. As of December 31, 2022, and 2021, allowance for doubtful accounts amounted to Content assets, net The Company acquires, licenses, and produces content, including original programming, in order to offer customers unlimited viewing of factual entertainment content. The content licenses are for a fixed fee and specific windows of availability. Payments for content, including additions to content assets and the changes in related liabilities, are classified within “Net cash used in operating activities” on the consolidated statements of cash flows. The Company recognizes its content assets (licensed and produced) as “Content assets, net” on the consolidated balance sheets. For licenses, the Company capitalizes the fee per title and records a corresponding liability at the gross amount of the liability when the license period begins, the cost of the title is known, and the title is accepted and available for streaming. For productions, the Company capitalizes costs associated with the production, including development costs, direct costs and production overhead. Based on factors including historical and estimated viewing patterns, the Company previously amortized the content assets (licensed and produced) in “Cost of revenues” on the consolidated statements of operations on a straight-line basis over the shorter of each title’s contractual window of availability or estimated period of use, beginning with the month of first availability. Starting July 1, 2021, the Company amortizes content assets on an accelerated basis in the initial two months after a title is published on the Company’s platform, as the Company has observed and expects more upfront viewing of content, generally as a result of additional marketing efforts. Furthermore, the amortization of original content is more accelerated than that of licensed content. The Company reviews factors that impact the amortization of the content assets on a regular basis and the estimates related to these factors require considerable management judgment. The Company continues to review factors impacting the amortization of content assets on an ongoing basis and will also record amortization on an accelerated basis when there is more upfront use of a title, for instance due to significant content licensing. The Company’s business model is generally subscription based as opposed to a model generating revenues at a specific title level. Content assets (licensed and produced) are predominantly monetized as a group and therefore are reviewed in aggregate at a group level when an event or change in circumstances indicates a change in the expected usefulness of the content or that the fair value may be less than unamortized cost. If such changes are identified, the aggregated content assets will be stated at the lower of unamortized cost or fair value. No such changes were identified during the years ended December 31, 2022 and 2021. In addition, unamortized costs for assets that have been, or are expected to be, abandoned are written off. Property and equipment Property and equipment are stated at historical cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized over the shorter of the non-cancelable Long-lived assets The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of these assets is measured by a comparison of the carrying amount to the future undiscounted cash flows the assets are expected to generate. If long-lived assets are considered impaired, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds its fair value. No impairment charge related to long-lived assets was recognized for the years ended December 31, 2022, and 2021. Goodwill and intangible assets Goodwill represents the excess of the cost of acquisitions over the amount assigned to tangible and identifiable intangible assets acquired less liabilities assumed. At least annually, in the fourth quarter of each fiscal year or more frequently if indicators of impairment exist, management performs a review to determine if the carrying value of goodwill is impaired. The identification and measurement of goodwill impairment involves the estimation of fair value at the Company’s reporting unit level, which is the same or one level below the operating segment level. The Company determined that it has one reporting unit. The Company performs an initial assessment of qualitative factors to determine whether the existence of events and circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of relevant events and circumstances, the Company determines that it is more likely than not that the fair value of the reporting unit exceeds its carrying value and there is no indication of impairment, no further testing is performed; however, if the Company concludes otherwise, an impairment test must be performed by estimating the fair value of the reporting unit and comparing it with its carrying value, including goodwill. Intangible assets other than goodwill are carried at cost and amortized over their estimated useful lives. Amortization is recorded within General and administrative expenses on the consolidated statements of operations. The Company reviews identifiable finite-lived intangible assets to be held and used for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Determination of recoverability is based on the lowest level of identifiable estimated undiscounted cash flows resulting from use of the asset and its ultimate disposition. Measurement of any impairment loss is based on the amount by which the carrying value of the asset exceeds its fair value. During the second quarter of 2022, the Company experienced a sustained decrease in its share price, and this triggering event was an indication that it was more likely than not that the fair value of the Company’s single reporting unit was below its carrying value. The Company performed an interim goodwill impairment test of its goodwill as of June 30, 2022 and recognized a goodwill impairment charge of million, as the fair value of the reporting unit was less than the related carrying value. This charge is included in impairment of goodwill and intangible assets on the Company’s consolidated statements of operations for the year ended December 31, 2022. The determination of the fair value of the Company’s reporting unit was based on a combination of the income and the market approach. The Company applied equal weighting to each of the approaches in determining the fair value of the reporting unit. Under the income approach, the Company utilized discounted cash flows of forecasted future cash flows based on future operational expectations and discounted these cash flows to reflect their relative risk. The cash flows used are consistent with those the Company uses in its internal planning, which reflect actual business trends experienced and the Company’s long-term business strategy. Under the market approach, the Company utilized the guideline public company method and guideline transaction method to develop valuation multiples and compare the Company to similar publicly traded companies. The significant assumptions under each of the approaches include, among others: revenue projections (which are dependent on future customer subscriptions and content licensing agreements), operating expenses, discount rate, control premium and a terminal growth rate. The cash flows used to determine the fair values are dependent on a number of significant management assumptions, such as the Company’s expectations of future performance and the expected future economic environment, which are partly based upon the Company’s historical experience. The Company also considered its market capitalization in assessing the reasonableness of the reporting unit fair value. During the second quarter of 2022, the Company also determined there were impairment indicators with respect to certain of the Company’s definite-lived intangible assets. As a result, the Company performed an impairment test by comparing the carrying values of the intangible assets to their respective fair values, which were determined based on forecasted future cash flows. As a result of this impairment test, the Company recorded an impairment charge of $0.8 million, which is reflected as a component of impairment of goodwill and intangible assets on the Company’s consolidated statements of operations for the year ended December 31, 2022. Warrant liability The Company classifies its Private Placement Warrants as liabilities as the terms of these warrants provide for potential changes to the settlement amounts dependent upon the characteristics of the warrant holder and because the holder of a warrant is not an input into the pricing of a fixed-for-fixed Business Combinations The results of businesses acquired in a business combination are included in the Company’s consolidated financial statements from the date of the acquisition. The Company uses the acquisition method of accounting and allocates the purchase price, including the fair value of any non-cash Determining the fair value of assets acquired and liabilities assumed requires the Company to perform valuations with significant judgment and estimates, including the selection of valuation methodologies, estimates of future revenue, costs and cash flows, discount rates and selection of comparable companies. The Company engages the assistance of valuation specialists in concluding on fair value measurements in connection with determining fair values of assets acquired and liabilities assumed in a business combination. Transaction costs associated with business combinations are expensed as incurred, and are included in general and administrative expense in the consolidated statements of operations. Revenue recognition Subscriptions—O&O Service The Company generates revenue from monthly subscription fees from its O&O Service. CuriosityStream subscribers enter into month-to-month The Company also offers gift certificates for use on a future date. The Company recognizes revenue from gift certificates when the services have been provided. The gift certificates do not expire. Subscriptions—App Services The Company also earns subscription revenues through its App Services. These subscriptions are similar to the O&O Service subscriptions but are generated based on agreements with certain streaming media players as well as with Smart TV brands and gaming consoles (see Note 1). Under these agreements, the streaming media player typically bills the subscriber directly and then remits the collected subscriptions to the Company, net of a distribution fee. The Company recognizes the gross subscription revenues when earned and simultaneously recognizes the corresponding distribution fees as an expense. The Company is the principal in these relationships as the Company retains control over service delivery to its subscribers. License Fees—Affiliates The Company generates license fee revenues from MVPDs such as Comcast and Cox as well as from vMVPDs such as Amazon and Sling TV (MVPDs and vMVPDs are also referred to as affiliates). Under the terms of the agreements with these affiliates, the Company receives license fees based upon contracted programming rates and subscriber levels reported by the affiliates. In exchange, the Company licenses its content to the affiliates for distribution to their subscribers. The Company earns revenue under these agreements either based on the total number of subscribers multiplied by rates specified in the agreements or based on fixed fee arrangements. These revenues are recognized over the term of each agreement when earned. License Fees—Content Licensing The The Company’s performance obligations include (1) access to its SVOD platform via the Company’s O&O Service and App Services, (2) access to the Company’s content assets, and (3) licenses of specific program titles. In contracts containing the right to access the Company SVOD platform, the performance obligation is satisfied as access to the SVOD platform is provided post any free trial period. In contracts which contain access to the Company’s content assets, the performance obligation is satisfied as access to the content is provided. For contracts with licenses of specific program titles, the performance obligation is satisfied as that content is made available for the customer to use. Payment Cost of revenues Cost of revenues primarily includes content asset amortization, streaming delivery costs, payment processing costs and distribution fees. Advertising and marketing Advertising and marketing expenses include digital, radio, brand awareness, and television types of costs. These costs are expensed as incurred. For the years ended December 31, 2022 and 2021 , Stock-based compensation The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. The fair value is recognized in earnings over the period during which an employee is required to provide the Income taxes The Company uses the asset and liability method of accounting for income taxes, in which deferred tax assets and liabilities are recognized for the future tax consequences attributable to the differences between the carrying amounts of existing assets and liabilities as reported in the consolidated balance sheets and their respective tax bases. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be reversed. The effect on deferred tax assets and liabilities of a change in tax rates is recognized as a component of the income tax provision in the period that includes the enactment date. A valuation allowance is established if it is more likely than not that all or a portion of the deferred tax assets will not be realized. The Company’s tax positions are subject to income tax audits. The Company recognizes the tax benefit of an uncertain tax position only if it is more likely than not that the position is sustainable upon examination by the taxing authority, based on the technical merits. The tax benefit recognized is measured as the largest amount of benefit which is more likely than not (greater than 50% likely) to be realized upon settlement with the taxing authority. The Company recognizes interest accrued and penalties related to unrecognized tax benefits in its tax provision. The Company calculates the current and deferred income tax provision based on estimates and assumptions that could differ from the actual results reflected in income tax returns filed in subsequent years. Adjustments based on filed income tax returns are recorded when identified. The amount of income tax paid is subject to examination by U.S. federal and state tax authorities. The estimate of the potential outcome of any uncertain tax issue is subject to management’s assessment of the relevant risks, facts, and circumstances existing at that time. To the extent the assessment of such tax position changes, the change in estimate is recorded in the period in which the determination is made. Recently Issued and Adopted Financial Accounting Standards As an Emerging Growth Company (“EGC”), the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are applicable to private companies. The Company has elected to use this extended transition period under the JOBS Act until such time as the Company is no longer considered to be an EGC. Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) 2016-02” 2016-02 right-of-use The adoption of this standard resulted in the recognition of operating lease liabilities of $ 5.3 right-of-use 4.0 January 1, 2022, and the adoption of this new guidance did not have a material impact on the consolidated statements of operations or cash flows. Refer to Note 13 for further information regarding the impact of adoption of this standard on the Company’s consolidated financial statements. Accounting Standards Effective in Future Periods Financial Instruments—Credit Losses In June 2016, the FASB issued ASU No. 2016-13, 2016-13”).” 2016-13

Equity Investments and Business

Equity Investments and Business Combinations	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Investments and Business Combinations	Note 3—Equity Investments and Business Combinations Spiegel TV Geschichte und Wissen GmbH & Co. KG (the “Spiegel Venture”) In July 2021, the Company acquired 32% ownership in the Spiegel Venture for $3.3 million. The Spiegel Venture, which prior to the Company’s equity purchase, was jointly owned and operated by Spiegel TV and Autentic, operates two documentary channels, together with various SVOD services, which provide factual content to pay television audiences in Germany. The Company has not received any dividends from the Spiegel Venture as of December 31, 2022. The Company has a call option that permits it to require Spiegel TV and Autentic to sell its ownership interest in Spiegel Venture (“Call Option”). The Call Option, exercisable at a value based on a determinable calculation in the Share Purchase Agreement (“SPA”), is initially exercisable only during the period that is the later of i) the 30-day period following the adoption of Spiegel Venture’s audited financial statements for the fiscal year 2024, and ii) the period between March 1, 2025 and March 30, 2025. Together with the Call Option, each of Spiegel TV and Autentic has a put option that permits it to require the Company to purchase their interest (“Put Option”) at a value based on a determinable calculation outlined in the SPA. The Put Option is only exercisable upon the achievement of certain defined conditions, as outlined in the SPA, and is initially exercisable only during the period that is the later of i) the 60-day period following the adoption of Spiegel Venture’s audited financial statements for the fiscal year 2024, and ii) the period between April 1, 2025 and April 30, 2025. In the event the Call Option or Put Option is not exercised, both options shall continue to be available to each respective party in the following year through perpetuity, with its exercise limited to the same date range as outlined above. The Put Option is not currently considered to be probable of becoming exercisable based on the defined conditions in the SPA. Subsequent to December 31, 2022, the Company entered into an amendment to the SPA, as further described in Note 16. Watch Nebula LLC (“Nebula”) On August 23, 2021, the Company purchased a 12% ownership interest in Nebula for $6.0 million. Nebula is an SVOD technology platform built for and by a group of content creators. Should Nebula meet certain quarterly targets through the third quarter of 2023, the Company is obligated to purchase additional ownership interests, each for a payment of $0.8 million, which after each payment the Company will obtain an additional 1.625% of equity ownership interests. During the year ended December 31, 2022, the Company purchased additional equity interests totaling 3.25%, and during the year ended December 31, 2021, the Company purchased additional equity interests subsequent to the initial investment totaling 1.625%. These additional equity interest purchases have increased the Company’s total ownership interest in Nebula to 16.875% as of December 31, 2022. Prior to the Company’s investment, Nebula was a 100% wholly owned subsidiary of Standard Broadcast LLC (“Standard”). The Company obtained 25% of the representation on Nebula’s Board of Directors, providing the Company with significant influence, but not a controlling interest. The Company has not received dividends from Nebula as of December 31, 2022. The Company’s carrying values for its equity method investments as of December 31, 2022 and 2021 is as follows: Spiegel Nebula Total (in thousands) Balance, December 31, 2021 (1) $ 3,089 $ 6,898 $ 9,987 Investments in equity method investees — 1,625 1,625 Equity interests (loss) income (190 ) (656 ) (846 ) Balance, December 31, 2022 $ 2,899 $ 7,867 $ 10,766 (1) Nebula’s investment in equity method investees balance include d Acquisition of ODU On May 11, 2021, the Company entered into an Asset Purchase Agreement to acquire 100% of ODU for the aggregate consideration of $4.5 million. ODU provides access to talks and lectures from professors at colleges and universities in the United States. The Company paid $ 4.0 million of cash consideration with the remaining $0.5 million to be held by the Company as a holdback for indemnification purposes. On May 11, 2022, the ODU holdback of $0.5 million was paid to the previous owners from escrow funds previously classified as restricted cash. Acquisition of Learn25 On August 13, 2021, the Company entered into an Asset Purchase Agreement to acquire 100% of Learn25 for fixed cash consideration of $1.5 million in addition to an earnout of up to $0.6 million based on the achievement of certain revenue targets post-acquisition through fiscal year 2021. Learn25 provides access to hundreds of audio and video programs on history, science, psychology, health, religion, and other topics from various professors and subject-matter experts around the world. The Company paid $1.4 million of cash consideration with the remaining $0.2 million to be held by the Company as a holdback for indemnification purposes. On February 11, 2022, the Company paid an earnout of $0.5 million pursuant to the achievement of revenue targets in 2021. On March 4, 2022, the Learn25 holdback of $0.2 million was paid to the previous owners from escrow funds previously classified as restricted cash.

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Dec. 31, 2022
Balance Sheet Components [Line Items]
Balance sheet components	Note 4—Balance sheet components Investments in debt securities The Company’s investments in debt securities at fair value based on unadjusted quoted market prices (Level 1) and quoted prices for comparable assets (Level 2) are: As of December 31, 2022 As of December 31, 2021 Cash and Short-term Investments (non-current) Total Cash and Short-term Investments (non-current) Total (in thousands) (in thousands) Level 1 Securities Money market funds $ 17,724 $ — $ — $ 17,724 $ 11,709 $ — $ — $ 11,709 U.S. Government debt securities — — — — — 13,582 — 13,582 Total Level 1 Securities 17,724 — — 17,724 11,709 13,582 — 25,291 Level 2 Securities Corporate debt securities — 14,986 — 14,986 — 50,641 15,430 66,071 Municipal debt securities — — — — — 1,610 — 1,610 Total Level 2 Securities — 14,986 — 14,986 — 52,251 15,430 67,681 Total $ 17,724 $ 14,986 $ — $ 32,710 $ 11,709 $ 65,833 $ 15,430 $ 92,972 The following tables summarize the Company’s corporate, U.S. government, and municipal debt securities: As of December 31, 2022 Amortized Gross Gross Estimated (in thousands) Debt Securities: Corporate $ 15,026 $ — $ (40 ) $ 14,986 Total $ 15,026 $ — $ (40 ) $ 14,986 As of December 31, 2021 Amortized Gross Gross Estimated (in thousands) Debt Securities: Corporate $ 66,281 $ — $ (210 ) $ 66,071 U.S. Government 13,594 — (12 ) 13,582 Municipalities 1,610 — — 1,610 Total $ 81,485 $ — $ (222 ) $ 81,263 Realized losses were less than $ million re port ed in interest and other income in the accompanying consolidated statements of operations for the years ended December 31, 2022 and 2021. The fair value of the Company’s investments in corporate, U.S. government, and municipal debt securities as of December 31, 2022 and 2021, by contractual maturity is as follows: As of December 31, 2022 As of December 31, 2021 Amortized Estimated Fair Amortized Cost Estimated (in thousands) (in thousands) Due in one year or less $ 15,026 $ 14,986 $ 66,001 $ 65,833 Due after one year through five years — — 15,484 15,430 Due after five years — — — — Total $ 15,026 $ 14,986 $ 81,485 $ 81,263 Content assets Content assets consisted of the following: As of December 31, 2022 2021 (in thousands) Licensed content, net Released, less amortization $ 11,154 $ 11,406 Prepaid and unreleased 4,014 9,119 15,168 20,525 Produced content, net Released, less amortization 33,094 18,507 In production 20,240 33,650 53,334 52,157 Total $ 68,502 $ 72,682 As In accordan cti For the year ended 2022 2021 (in thousands) Licensed content $ 8,480 $ 8,961 Produced content 30,811 18,920 $ 39,291 $ 27,881 Property and equipment Property and equipment are summarized by major classifications as follows: Estimated useful life (in years) As of December 31, 2022 2021 (in thousands) Furniture and fixtures 10 to 15 $ 108 $ 108 Equipment 5 1,252 1,247 Computer and software 3 to 5 857 729 Website and application development 3 37 422 Leasehold improvements Lesser of lease term or lives 703 703 Work-in-progress — 5 32 Property and equipment, gross 2,962 3,241 Less accumulated depreciation and amortization 1,868 1,899 Property and equipment, net $ 1,094 $ 1,342 Depreciation expense related to the property and equipment above, including the amortization of leasehold improvements, was $0.4 million and $0.3 million for the years ended December 31, 2022 and 2021, respectively. Goodwill and intangible assets Changes in goodwill for the year ended December 31, 2022, was as follows (in thousands): Balance, December 31, 2021 $ 2,793 Impairment of Goodwill (see Note 2) 2,793 Balance, December 31, 2022 $ — Intangible assets as of December 31, 2022 were comprised of the following: Weighted Gross Accumulated Impairment Net (in thousands) Customer relationships 1.3 $ 940 $ (393 ) $ (430 ) $ 117 Trademark 3.9 570 (133 ) (320 ) 117 Covenant-not-to-compete 1.4 130 (52 ) (61 ) 17 $ 1,640 $ (578 ) $ (811 ) $ 251 Warrant liability As described in Note 7, the Private Placement Warrants are classified as a non-current As of December 31, 2022 2021 (in thousands) Level 3 Private Placement Warrants $ 257 $ 5,661 Total Level 3 $ 257 $ 5,661

Revenue

Revenue	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Note 5—Revenue The following table sets forth the Company’s revenues disaggregated by type for the years ended December 31, 2022, and 2021, as well as the relative percentage of each revenue type to total revenue. For the year ended December 31, 2022 2021 (in thousands, except percentages) Subscriptions—O&O Service $ 31,069 40 % $ 20,906 29 % Subscriptions—App Services 3,940 5 % 3,915 6 % Subscriptions—Total 35,009 45 % 24,821 35 % License Fees—Affiliates 16,357 21 % 18,572 26 % License Fees—Content Licensing (1) 24,691 31 % 24,758 35 % License Fees—Total 41,048 52 % 43,330 61 % Other—Total (1) 1,986 3 % 3,110 4 % Total Revenues $ 78,043 $ 71,261 (1) For the years ended December 31, 2022 and 2021, total related party revenue was $1.9 million and $5.6 million, respectively. This consisted of $0.3 million and $3.0 million of revenue from content licensed by the Company to the Spiegel Venture during the years ended December 31, 2022 and 2021, respectively, which is included in License Fees—Content Licensing. Total related party revenue also consisted of $1.3 million for marketing services rendered to the Spiegel Venture during the year ended December 31, 2021, as well as $1.6 million and $1.3 million for marketing services rendered to Nebula during the years ended December 31, 2022 and 2021, respectively, which is included in Other Revenue. Revenues expected to be recognized in the future related to performance obligations that are unsatisfied as of December 31, 2022 are as follows: For the year ending December 31, 2023 2024 2025 2026 Thereafter Total (in thousands) Remaining Performance Obligations $ 9,705 $ 5,469 $ 3,779 $ 115 $ 197 $ 19,265 These amounts include only fixed consideration or minimum guarantees and do not include amounts related to (i) contracts with an original expected term of one year or less or (ii) licenses of content that are solely based on sales or usage-based royalties. Contract liabilities (i.e., deferred revenue) consists of subscriber and affiliate license fees billed that have not been recognized, amounts contractually billed or collected for content licensing sales in advance of the related content being made available to the customer, and unredeemed gift certificates and other prepaid subscriptions that have not been redeemed. Total deferred revenues were $14.9 million and $23.2 million as of December 31, 2022 and 2021, respectively with the non-current Revenues of $22.3 million were recognized during the year ended December 31, 2022, related to the balance of deferred revenue as of December 31, 2021.

Paycheck Protection Program Loa

Paycheck Protection Program Loan	12 Months Ended
	Dec. 31, 2022
Paycheck Protection Program Loan [Abstract]
Paycheck Protection Program Loan	Note 6—Paycheck Protection Program Loan On May 1, 2020, the Company applied for and received funding from the Paycheck Protection Program (“PPP”) in the amount of $1.2 million under the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) (the “PPP Loan”). The PPP Loan was set to mature in May 2022 and bore interest at a rate of 1.0% per annum. The PPP provides that the use of the PPP Loan amount shall be limited to certain qualifying expenses and may be partially or wholly forgiven in accordance with the requirements set forth in the CARES Act. The amount of loan proceeds eligible for forgiveness takes into account a number of factors, including the amount of loan proceeds used by the Company during the specified period after the loan origination for certain purposes including payroll costs, rent payments on certain leases, and certain qualified utility payments. The Company elected to recognize earnings as funds are applied to covered expenses and classify the application of funds as a reduction of the related expense in the consolidated statement of operations. On April 16, 2022, the Company received the loan forgiveness letter from the Small Business Administration (SBA) stating that the loan has been forgiven in full, including applicable interest. Following receipt of the loan forgiveness notification letter, funds of $1.2 million were released from escrow, and the Company reclassified this amount from restricted cash to cash and cash equivalents on the consolidated balance sheet.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Stockholders' equity	Note 7—Stockholders’ equity Common Stock As of December 31, 2022 and 2021, the Company has authorized the issuance of 126,000,000 shares of capital stock, par value of $0.0001 per share, consisting of (a) 125,000,000 shares of common stock, and (b) 1,000,000 shares of preferred stock. Warrants As of December 31, 2022, the Company had (A) 3,054,203 publicly traded warrants that were (i) sold as part of the units of Software Acquisition Group Inc. in its initial public offering on November 22, 2019 and (ii) issued to the PIPE Investors in connection with the Business Combination collectively, Private Placement Warrants are liability- classified, and the Public Warrants are equity-classified. Each whole warrant entitles the registered holder to purchase one share of the Company’s common stock at an exercise price of $11.50 per share. All w The Company has the right to redeem the outstanding Public Warrants in whole and not in part at a price of $0.01 per warrant upon a minimum of 30 days’ prior written notice of redemption, if and only if the last sale price of the Company’s common stock matched or exceeded $18.00 per share for any 20 trading days within a 30-trading The Private Placement Warrants are identical to the Public Warrants except that, so long as they are held by Software Acquisition Holdings, LLC (the Company’s former sponsor) or its permitted transferees: (i) they will not be redeemable by the Company; (ii) they may be exercised by the holders on a cashless basis; and (iii) they are subject to registration rights. No warrants were exercised during the year ended December 31, 2022. During the year ended December 31, 2021, the Company received total proceeds of $54.9 million related to the exercise of 4.7 million Public Warrants. The warrant liability related to the Private Placement Warrants is recorded at fair value as of each reporting date with the change in fair value reported within other income (expense) in the accompanying consolidated statements of operations as “Change in fair value of warrant liability” until the warrants are exercised, expired or other facts and circumstances lead the warrant liability to be reclassified to stockholder’s equity (deficit). The fair value of the warrant liability for the Private Placement Warrants was estimated using a Black-Scholes pricing model using Level 3 inputs. The significant assumptions used in preparing the Black-Scholes option pricing model are as follows: As of December 31, 2022 2021 Exercise Price $ 11.50 $ 11.50 Stock Price (CURI) $ 1.14 $ 5.93 Expected volatility 77.00 % 58.00 % Expected warrant term (years) 2.8 3.8 Risk-free interest rate 4.22 % 1.12 % Dividend yield 0 % 0 % Fair Value per Private Placement Warrant $ 0.07 $ 1.54 The change in fair value of th

Earnings (Loss) Per Share

Earnings (Loss) Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings (loss) per share	Note 8—Earnings (loss) per share Basic and diluted earnings (loss) per share calculations are calculated on the basis of the weighted average number of shares of the Company’s common stock outstanding during the respective periods. Diluted earnings (loss) per share give effect to all dilutive potential common shares outstanding during the period using the treasury stock method for stock options and other potentially dilutive securities. In computing diluted earnings (loss) per share, the average fair value of the Company’s common stock for the period is used to determine the number of shares assumed to be purchased from the exercise price of the options. Purchases of treasury stock reduce the outstanding shares commencing on the date that the stock is purchased. Common stock equivalents are excluded from the calculation when a loss is incurred as their effect would be anti-dilutive. For the year ended 2022 2021 (in thousands, except per Numerator—Basic EPS: Net loss $ (50,917 ) $ (37,635 ) Denominator—Basic EPS: Weighted–average shares—Basic 52,787 51,482 Net loss per share—Basic $ (0.96 ) $ (0.73 ) Numerator—Diluted EPS: Net loss $ (50,917 ) $ (37,635 ) Decrease in fair value of Private Placement Warrants — (15,182 ) Net loss—Diluted $ (50,917 ) $ (52,817 ) Denominator—Diluted EPS: Weighted–average shares—Basic 52,787 51,482 Incremental common shares from assumed exercise of Private Placement Warrants — 307 Weighted–average shares—Diluted 52,787 51,789 Net loss per share—Diluted $ (0.96 ) $ (1.02 ) For the years ended December 31, 2022 and 2021, the following share equivalents were excluded from the computation of diluted net loss per share as the inclusion of such shares would be anti-dilutive. Common shares issuable for warrants, options, and restricted stock units represent the total amount of outstanding warrants, stock options, and restricted stock units as of December 31, 2022 and 2021. Antidilutive shares excluded: As of December 31, 2022 2021 (in thousands) Options 4,632 4,748 Restricted Stock Units 759 850 Warrants 6,730 3,054 12,121 8,652

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Stock-based compensation	Note 9—Stock-based compensation The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. The fair value is recognized in earnings over the period during which an employee is required to provide the service. The Company accounts for forfeitures as they occur. CuriosityStream 2020 Omnibus Plan In October 2020, the Board of Directors of the Company adopted the CuriosityStream 2020 Omnibus Plan (the “2020 Plan”). The 2020 Plan became effective upon consummation of the Business Combination and succeeds the Legacy CuriosityStream Stock Option Plan. Upon adoption of the 2020 Plan, a total of 7,725,000 shares were approved to be issued as stock options, share appreciation rights, restricted stock units and restricted stock. The following table summarizes stock option and restricted stock unit (RSU) activity, prices, and values from December 31, 2021 to December 31, 2022: Stock Options Restricted Stock Units Number of for Issuance Number of Weighted- Weighted- Aggregate (1) Number Weighted- Balance as of December 31, 2021 1,820,504 4,747,832 $ 7.61 8.2 $ 3,254 850,277 $ 11.41 Granted (1,369,401 ) 820,741 3.18 — — 548,660 3.15 Options exercised and RSUs vested 79,776 — — — — (292,882 ) 9.95 Forfeited or expired 1,283,815 (936,480 ) 6.11 — — (347,335 ) 9.12 Balance as of December 31, 2022 1,814,694 4,632,093 $ 7.13 6.8 $ — 758,720 $ 7.14 Exercisable as of December 31, 2021 2,348,875 $ 7.74 8.0 $ 2,010 Exercisable as of December 31, 2022 3,003,687 $ 7.24 6.2 $ — Unvested as of December 31, 2021 2,398,957 $ 7.49 8.4 $ 1,244 Unvested as of December 31, 2022 1,628,406 $ 6.93 8.0 $ — (1) Intrinsic value is based on the difference between the exercise price of in-the-money-stock There were no Stock options and RSU awards generally vest on a monthly, quarterly, or annual basis over a period of four years from the grant date. When options are exercised, the Company’s policy is to issue previously unissued shares of Common Stock to satisfy share option exercises. Upon vesting and distribution of RSUs, the Company’s policy is to issue previously unissued shares of Common Stock to satisfy restricted stock units vested, net of shares withheld for taxes if elected by the RSU holder. The fair value of stock option awards is estimated using the Black-Scholes option pricing model, which includes a number of assumptions including Company’s estimates of stock price volatility, employee stock option exercise behaviors, future dividend payments, and risk-free interest rates. The expected term of options granted is the estimated period of time from the beginning of the vesting period to the date of expected exercise or other settlement, based on historical exercises and post-vesting terminations. The Company generally estimates expected term based on the midpoint between the vesting date and the end of the contractual term, also known as the simplified method, given the lack of historical exercise behavior. The Company uses its own historical volatility as well as the historical volatility of similar public companies for estimating volatility. The risk-free interest rate is estimated using the rate of return on U.S. Treasury securities with maturities that approximate to the expected term of the option. The Company does not currently anticipate declaring any dividends. Assumptions used to value the options granted and the resulting weighted-average grant date fair value and stock-based compensation expense for the years ended December 31, 2022 and 2021 were as follows: As of December 31, 2022 2021 Dividend yield 0% 0% Expected volatility 60% - 70% 60% Expected term (years) 6.00 - 6.50 2.50 - 6.25 Risk-free interest rate 1.40% - 2.95% 0.14% - Weighted average grant date fair value $ 1.91 $ 6.58 (in thousands) Stock-based compensation—Options $ 3,829 $ 4,597 Stock-based compensation—RSUs $ 2,815 $ 2,367 Stock-based compensation cost is measured at the grant date, based on the fair value of the award, and is recognized on a straight-line basis over the requisite service period. The following table summarizes the total remaining unrecognized compensation cost as of December 31, 2022, related to non-vested Total Unrecognized Weighted Average (in thousands) Stock options $ 5,227 1.8 Restricted Stock Units 9,166 2.4 Total $ 14,393

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment and geographic information	Note 10—Segment and geographic information The Company operates as one reporting segment. The Company’s chief operating decision maker (“CODM”) is its chief executive officer, who reviews financial information presented on an entity-wide basis for purposes of making operating decisions, assessing financial performance and allocating resources. All long-lived tangible assets are located in the United States. Revenue by geographic location, based on the location of the customers, with one foreign country in each year For the year ended December 31, 2022 2021 (in thousands, except percentages) United States $ 48,270 62 % $ 41,461 58 % International: United Kingdom 8,191 10 % 6,749 9 % Germany 3,024 4 % 8,625 12 % Other 18,558 24 % 14,426 21 % Total International $ 29,773 38 % $ 29,800 42 % $ 78,043 100 % $ 71,261 100 %

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related party transactions	Note 11—Related party transactions Equity investments As described in Note 5, the Company recognized $0.3 million and $4.3 million of revenue related to the Spiegel Venture during the year ended December 31, 2022 and 2021, respectively. Further, the Company recognized $1.6 million and $1.3 million of revenue related to advertising services rendered to Nebula during the year ended December 31, 2022 and 2021, respectively. The Company also recognized $4.3 million and $1.2 million for the year ended December 31, 2022 and 2021, respectively, in revenue share to Nebula from subscription sales to certain bundled subscription packages. This revenue share is recorded in Cost of revenues on the consolidated statement of operations. A summary of the impact of the arrangements with Spiegel Venture and Nebula on the Company’s As of December 31, 2022 2021 (in thousands) Balance Sheets Accounts receivable $ 3,358 $ 6,254 Accounts payable 404 611 For the year ended December 31, 2022 2021 (in thousands) Statement of Operations Revenues $ 1,901 $ 5,612 Cost of revenues 4,289 1,202 Operating lease The Company sublets a portion of its office space to Hendricks Investment Holdings, LLC (“HIH”), which is considered a related party as it is managed by various members of the Company’s Board of Directors. The Company accounts for the arrangement as an operating lease. Refer to Note 13 for further information. Production agreements The Company has entered into various agreements with a production company for which the Company’s Chief Executive Officer has a less than 10% ownership interest. Under the terms of these agreements, the Company paid a total of $2.4 million and $3.2 million during the years ended December 31, 2022 and 2021, respectively, upon the different milestones stated in the agreements. As of December 31, 2022, the Company no longer has any obligation under these agreements.

Retirement Plan

Retirement Plan	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Retirement Plan	Note 12—Retirement Plan The Company administers and participates in a 401(k) plan that covers employees 21 years of age or older with three months or greater of service. The plan permits elective deferrals by the employees from each participant’s compensation up to the maximum allowed by law. The Company matches employee deferrals at 100% on up to 3% of compensation and 50% of employee deferrals between 3 – 5% of compensation. Participants are immediately vested in their elective deferrals and the Company contributions. The Company made matching contributions of $0.3 million and $0.4 million for the years ended December 31, 2022, and 2021, respectively.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Note 13—Leases The Company adopted the new leases guidance contained in Topic 842 effective January 1, 2022 using the modified retrospective method. Therefore, the reported results for the year ended December 31, 2022 and the financial position as of December 31, 2022 reflect the application of this new guidance, while the reported results for the year ended December 31, 2021 and the financial position as of December 31, 2021 were not adjusted and continue to be reported under the prior lease accounting guidance in effect for the prior periods. Company as a Lessee The Company is party to a non-cancellable non-lease as incurred therefore has The following table presents future minimum lease payments and related sublease rental income as reflected under ASC 840 as of December 31, 2021. Year Ending December 31, Rent Sublease rental income Net (in thousands) 2022 $ 530 $ (53 ) $ 477 2023 543 (54 ) 489 2024 557 (56 ) 501 2025 571 (57 ) 514 2026 585 (59 ) 526 Thereafter 3,946 (395 ) 3,551 $ 6,732 $ (674 ) $ 6,058 Post adoption of ASC 842 current lease liabilities non-current as of December 31, 2022. operating lease liabilities, the Company used a weighted average discount rate of 4.4% in existence as of the January 1, 2022 adoption date. The weighted average remaining lease term as of December 31, 2022 was 10.2 years. Components of Lease Cost The Company’s total operating lease cost for the year ended December 31, 2022 was comprised of the following: For the year ended (in thousands) Operating lease cost $ 484 Short-term lease cost 42 Variable lease cost 51 Total lease cost $ 577 Maturity of Lease Liabilities As of December 31, 2022, maturities of our operating lease liabilities, which do not include short-term leases and variable lease payments, are as follows (in thousands): 2023 $ 543 2024 557 2025 571 2026 585 2027 600 Thereafter 3,346 Total Lease Payments 6,202 Less: imputed interest (1,217 ) Present value of total lease liabilities $ 4,985 Company as Lessor The Company sublets a portion of its office space to a related party and accounts for the arrangement as an operating lease. Related party sublease rental income is recognized on a straight-line basis and is included in Interest and other (expense) income in the accompanying consolidated statements of operations. For the year ended December 31, 2022, operating lease income from the Company’s sublet was immaterial. As of December 31, 2022, total remaining future minimum lease payments receivable on the Company’s operating lease was $0.6 million.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Note 14—Commitments and contingencies Content commitments As of December 31, 2022, the Company had $11.5 million of content obligations comprised of $2.9 million included in current content liabilities in the accompanying consolidated balance sheets and $8.6 million of obligations that are not reflected in the accompanying consolidated balance sheets as they did not yet meet the asset recognition criteria for content assets (see Note 2). These obligations are expected to be paid during the year ending December 31, 2023. As of December 31, 2021, the Company had $39.0 million of content obligations comprised of $9.7 million included in current content liabilities in the accompanying consolidated balance sheets, and $29.3 million of obligations that are not reflected in the accompanying consolidated balance sheets as they did not yet meet the asset recognition criteria for content assets. Content obligations include amounts related to licensed, commissioned and internally produced streaming content. An obligation for the production of content includes non-cancelable Advertising commitments The Company has certain commitments with regards to future advertising and marketing expenses as stated in the various licensee agreements. Certain of the agreements do not specify the amount of advertising and marketing commitment; however, the total commitments for agreements which do specify the amount are $ o

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income taxes	Note 15—Income taxes The components of the provision for income taxes are as follows: For the year ended 2022 2021 (in thousands) Provision for income taxes: Current: Federal $ — $ — State and L (25 ) 11 Foreign 396 345 Total current provision $ 371 $ 356 Deferred: Federal $ (3 ) $ 3 State and local (1 ) 1 Foreign — — Total deferred provision $ (4 ) $ 4 Total tax provision $ 367 $ 360 The following table reconciles the Company’s effective income tax rate to the U.S. federal statutory income tax rat e For the year ended December 31, 2022 2021 (in thousands, except percentages) U.S. federal statutory income tax provision (benefit) $ (10,615 ) 21.0 % $ (7,851 ) 21.0 % Permanent items (360 ) 0.7 % (3,360 ) 9.0 % State and local income taxes, net of federal tax benefit (1,938 ) 3.8 % (2,727 ) 7.3 % Change in valuation allowance 12,409 (24.5 )% 13,824 (37.0 )% Return to provision adjustments 475 (0.9 )% 129 (0.3 )% Foreign withholding taxes 396 (0.8 )% 345 (0.9 )% Total tax provision $ 367 (0.7 )% $ 360 (0.9 )% The Company has recorded a $ 0.4 million primarily related to foreign withholding income taxes for the years ended December 31, 2022, and 2021. For the years ended December 31, 2022, and 2021, the Company’s provision for income taxes differs from the federal statutory rate primarily due to the Company being in a full valuation allowance position and not recognizing a benefit for either federal or state income tax purposes. Deferred income taxes reflect the net tax effect of temporary differences between the amounts recorded for financial reporting purposes and the bases recognized for tax purposes. The major components of deferred tax assets and liabilities are as follows (in thousands): December 31, 2022 2021 (in thousands) Deferred tax assets: Net operating loss carryforwards $ 49,050 $ 37,428 Accrued expenses and reserves 526 798 Intangibles and content assets 2,837 2,334 Deferred rent — 314 Lease liability 1,232 — Stock based compensation 3,046 2,627 Other 275 179 Total deferred tax asset 56,966 43,680 Valuation allowance (56,051 ) (43,642 ) Deferred tax assets, net of valuation allowance $ 915 $ 38 Deferred tax liabilities: Unrealized gain — (43 ) ROU asset (915 ) — Deferred tax liabilities, net $ (0 ) $ (5 ) As of December 31, 2022, and 2021, the Company maintained a valuation allowance on substantially all of its deferred tax assets. The deferred tax assets predominantly relate to operating losses, intangibles and content assets, and stock-based compensation. As a result of Legacy CuriosityStream’s conversion from an LLC to a C corporation in 2018, Legacy CuriosityStream recognized a partial step-up conversion, Legacy CuriosityStream recorded an estimated net deferred tax asset relating to this partial step-up jurisdiction-by-jurisdiction As of December 31, 2022, and 2021, the Company had federal net operating loss carryforwards of m illion 2 1 3 No liability related to uncertain tax positions has been recorded in the consolidated financial statements. The Company recognizes the tax benefit of an uncertain tax position only if it is more likely than not that the position is sustainable upon examination by the taxing authority, based on the technical merits. The tax benefit recognized is measured as the largest amount of benefit which is more likely than not (greater than 50% likely) to be realized upon settlement with the taxing authority. The Company recognizes interest accrued and penalties related to unrecognized tax benefits in its tax provision. On August 16, 2022, the Inflation Reduction Act (“IRA”) was signed into law in the United States. Among other provisions, the IRA includes a 15.0% corporate minimum tax rate of the adjusted financial statement income of certain large corporations and a 1.0% excise tax on corporate stock repurchases made after December 31, 2022 by U.S. publicly traded corporations and certain U.S. subsidiaries of non-U.S. publicly traded corporations, as well as significant enhancements of U.S. tax incentives relating to climate and energy investments. Although the Company does not expect the IRA to have a material impact on the consolidated financial statements, the full effect of the IRA is uncertain. On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law in response to the COVID-19 The Company has not been audited by the Internal Revenue Service or any state income or franchise tax agency, but tax returns remain open to examination subject to a three or four year statute of limitations, depending on the state.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Note 16—Subsequent Eve In March 2023, the Company entered into an amendment to the Spiegel Venture SPA whereby the terms to the Call Option and Put Option were amended to allow for its initial exercise only starting in 2026, with all other pertinent terms remaining consistent to the original SPA.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany balances and transactions have been eliminated.
Use of estimates	Use of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP and the rules and regulations of the U.S Securities and Exchange Commission (the “SEC”) requires management to make estimates and assumptions that affect amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Significant items subject to such estimates include the content asset amortization policy, the assessment of the recoverability of content assets, equity method investments, intangible assets and goodwill, the fair value of assets and liabilities for allocation of the purchase price of companies acquired, the fair value of share-based awards and liability classified warrants, and measurement of income tax assets and liabilities.
Concentration of risk	Concentration of risk Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash, cash equivalents, investments, and accounts receivable. The Company maintains its cash, cash equivalents, and investments with high credit quality financial institutions; at times, such balances with the financial institutions may exceed the applicable FDIC-insured limits. Accounts receivables, net are typically unsecured and are derived from revenues earned from customers primarily located in the United States and Germany. During the year ended December 31, 2022, the top three customers accounted for 21% of the Company’s revenues with accounting During the year ended December 31, 2021, the top three customers accounted for 27% of the Company’s revenues with o i ng
Cash, cash equivalents and restricted cash	Cash, cash equivalents and restricted cash The Company considers investments in instruments purchased with an original maturity of 90 days or less to be cash equivalents. The Company also classifies amounts in transit from payment processors for customer credit card and debit card transactions as cash equivalents. Restricted cash maintained under agreements that legally restrict the use of such funds is not included within cash and cash equivalents and is reported in a separate line item on the consolidated balance sheets as of December 31, 2022 and 2021. A reconciliation of the Company’s cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statements of cash flows as of December 31, 2022 and 2021 is as follows: As of December 31, 2022 2021 (in thousands) Cash and cash equivalents $ 40,007 $ 15,216 Restricted cash 500 2,331 Cash, cash equivalents and restricted cash $ 40,507 $ 17,547 As of December 31, 2022, restricted cash includes cash deposits required by a bank as collateral related to corporate credit card agreements of $0.5 million. On March 4, 2022, the Now You Know Media Inc. (“Learn25”) holdback of $0.2 million was paid to the previous owners of Learn25 from escrow funds previously classified as restricted cash. On April 16, 2022, the Paycheck Protection Program (PPP) loan was forgiven, and $1.2 million of funds were released from escrow to the Company and reclassified from restricted cash to cash and cash equivalents. On May 11, 2022, the One Day University (“ODU”) holdback of $0.5 million was paid to the previous owners of ODU from escrow funds previously classified as restricted cash.
Fair value measurement of financial instruments	Fair value measurement of financial instruments Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The applicable accounting guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the factors market participants would use in valuing the asset or liability. The guidance establishes three levels of inputs that may be used to measure fair value: • Level 1 – Quoted prices in active markets for identical assets or liabilities. • Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurements. The Company reviews the fair value hierarchy classification at each reporting period. Changes in the observability of valuation inputs may result in a reclassification of levels for certain securities within the fair value hierarchy. The Company’s assets measured at fair value on a recurring basis include its investments in money market funds and corporate, U.S. government, and municipal debt securities. Level 1 inputs were derived by using unadjusted quoted prices for identical assets in active markets and were used to value the Company’s investments in money market funds and U.S. government debt securities. Level 2 inputs were derived using prices for similar investments and were used to value the Company’s investments in corporate and municipal debt securities. The Company’s liabilities measured at fair value on a recurring basis include its Private Placement Warrants. The fair value of the Private Placement Warrants is considered a Level 3 valuation and is determined using the Black-Scholes valuation model. Refer to Note 7 for significant assumptions which the Company used in the fair value model for the Private Placement Warrants. The Company’s remaining financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, and accrued expenses and other liabilities are carried at cost, which approximates fair value because of the short-term maturity of these instruments.
Investments	Investments The Company holds investments in money market funds, government debt securities, and corporate debt securities which the Company classifies as available-for-sale. Unrealized gains and losses are recorded in accumulated other comprehensive income or loss, a component of stockholders’ equity (deficit). Realized gains and losses are reclassified from accumulated other comprehensive income or loss into earnings as a component of net income or loss. The Company evaluates unrealized losses on investments, if any, to determine if other-than-temporary impairment is required to be recognized. No such other-than-temporary impairments were recognized during the years ended December 31, 2022 and 2021. Investments in debt securities that will mature within one year of the balance sheet dates are reflected as Short-term investments in debt securities in the accompanying consolidated balance sheets.
Equity Method Investments	Equity method investments The Company applies the equity method of accounting to investments when it has the ability to exercise significant influence, but not control, over the investee. Significant influence is presumed to exist when the Company owns betw of the voting interests in the investee, but the Company also applies judgment regarding its level of influence over the investee by considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s equity method investments are initially reported at cost and then adjusted each period for the Company’s share of the investee’s income or loss and dividends paid, if any. The Company’s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned “Equity interests income (loss)” on the consolidated statements of operations. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the consolidated statements of cash flows. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Management reviewed the underlying net assets of its investees as of December 31, 2022, and determined that the Company’s proportionate economic interest in its investees was not impaired. The carrying value of the Company’s equity method investments is reported as “Investment in equity method investees” on the consolidated balance sheets.
Accounts receivables, net	Accounts receivables, net Accounts receivable is comprised of receivables from subscriptions revenue, license fees revenue, and other revenue. The Company records accounts receivable net of an allowance for doubtful accounts. The allowance is determined based on a review of the estimated collectability of the specific accounts and historical loss experience and existing economic conditions. Uncollectible amounts are written off against the allowance for doubtful accounts once management determines collection of an amount, or a portion thereof, to be less than probable. As of December 31, 2022, and 2021, allowance for doubtful accounts amounted to
Content assets, net	Content assets, net The Company acquires, licenses, and produces content, including original programming, in order to offer customers unlimited viewing of factual entertainment content. The content licenses are for a fixed fee and specific windows of availability. Payments for content, including additions to content assets and the changes in related liabilities, are classified within “Net cash used in operating activities” on the consolidated statements of cash flows. The Company recognizes its content assets (licensed and produced) as “Content assets, net” on the consolidated balance sheets. For licenses, the Company capitalizes the fee per title and records a corresponding liability at the gross amount of the liability when the license period begins, the cost of the title is known, and the title is accepted and available for streaming. For productions, the Company capitalizes costs associated with the production, including development costs, direct costs and production overhead. Based on factors including historical and estimated viewing patterns, the Company previously amortized the content assets (licensed and produced) in “Cost of revenues” on the consolidated statements of operations on a straight-line basis over the shorter of each title’s contractual window of availability or estimated period of use, beginning with the month of first availability. Starting July 1, 2021, the Company amortizes content assets on an accelerated basis in the initial two months after a title is published on the Company’s platform, as the Company has observed and expects more upfront viewing of content, generally as a result of additional marketing efforts. Furthermore, the amortization of original content is more accelerated than that of licensed content. The Company reviews factors that impact the amortization of the content assets on a regular basis and the estimates related to these factors require considerable management judgment. The Company continues to review factors impacting the amortization of content assets on an ongoing basis and will also record amortization on an accelerated basis when there is more upfront use of a title, for instance due to significant content licensing. The Company’s business model is generally subscription based as opposed to a model generating revenues at a specific title level. Content assets (licensed and produced) are predominantly monetized as a group and therefore are reviewed in aggregate at a group level when an event or change in circumstances indicates a change in the expected usefulness of the content or that the fair value may be less than unamortized cost. If such changes are identified, the aggregated content assets will be stated at the lower of unamortized cost or fair value. No such changes were identified during the years ended December 31, 2022 and 2021. In addition, unamortized costs for assets that have been, or are expected to be, abandoned are written off.
Property and equipment	Property and equipment Property and equipment are stated at historical cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized over the shorter of the non-cancelable
Long-lived assets	Long-lived assets The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of these assets is measured by a comparison of the carrying amount to the future undiscounted cash flows the assets are expected to generate. If long-lived assets are considered impaired, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds its fair value. No impairment charge related to long-lived assets was recognized for the years ended December 31, 2022, and 2021.
Goodwill and intangible assets	Goodwill and intangible assets Goodwill represents the excess of the cost of acquisitions over the amount assigned to tangible and identifiable intangible assets acquired less liabilities assumed. At least annually, in the fourth quarter of each fiscal year or more frequently if indicators of impairment exist, management performs a review to determine if the carrying value of goodwill is impaired. The identification and measurement of goodwill impairment involves the estimation of fair value at the Company’s reporting unit level, which is the same or one level below the operating segment level. The Company determined that it has one reporting unit. The Company performs an initial assessment of qualitative factors to determine whether the existence of events and circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of relevant events and circumstances, the Company determines that it is more likely than not that the fair value of the reporting unit exceeds its carrying value and there is no indication of impairment, no further testing is performed; however, if the Company concludes otherwise, an impairment test must be performed by estimating the fair value of the reporting unit and comparing it with its carrying value, including goodwill. Intangible assets other than goodwill are carried at cost and amortized over their estimated useful lives. Amortization is recorded within General and administrative expenses on the consolidated statements of operations. The Company reviews identifiable finite-lived intangible assets to be held and used for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Determination of recoverability is based on the lowest level of identifiable estimated undiscounted cash flows resulting from use of the asset and its ultimate disposition. Measurement of any impairment loss is based on the amount by which the carrying value of the asset exceeds its fair value. During the second quarter of 2022, the Company experienced a sustained decrease in its share price, and this triggering event was an indication that it was more likely than not that the fair value of the Company’s single reporting unit was below its carrying value. The Company performed an interim goodwill impairment test of its goodwill as of June 30, 2022 and recognized a goodwill impairment charge of million, as the fair value of the reporting unit was less than the related carrying value. This charge is included in impairment of goodwill and intangible assets on the Company’s consolidated statements of operations for the year ended December 31, 2022. The determination of the fair value of the Company’s reporting unit was based on a combination of the income and the market approach. The Company applied equal weighting to each of the approaches in determining the fair value of the reporting unit. Under the income approach, the Company utilized discounted cash flows of forecasted future cash flows based on future operational expectations and discounted these cash flows to reflect their relative risk. The cash flows used are consistent with those the Company uses in its internal planning, which reflect actual business trends experienced and the Company’s long-term business strategy. Under the market approach, the Company utilized the guideline public company method and guideline transaction method to develop valuation multiples and compare the Company to similar publicly traded companies. The significant assumptions under each of the approaches include, among others: revenue projections (which are dependent on future customer subscriptions and content licensing agreements), operating expenses, discount rate, control premium and a terminal growth rate. The cash flows used to determine the fair values are dependent on a number of significant management assumptions, such as the Company’s expectations of future performance and the expected future economic environment, which are partly based upon the Company’s historical experience. The Company also considered its market capitalization in assessing the reasonableness of the reporting unit fair value. During the second quarter of 2022, the Company also determined there were impairment indicators with respect to certain of the Company’s definite-lived intangible assets. As a result, the Company performed an impairment test by comparing the carrying values of the intangible assets to their respective fair values, which were determined based on forecasted future cash flows. As a result of this impairment test, the Company recorded an impairment charge of $0.8 million, which is reflected as a component of impairment of goodwill and intangible assets on the Company’s consolidated statements of operations for the year ended December 31, 2022.
Warrant liability	Warrant liability The Company classifies its Private Placement Warrants as liabilities as the terms of these warrants provide for potential changes to the settlement amounts dependent upon the characteristics of the warrant holder and because the holder of a warrant is not an input into the pricing of a fixed-for-fixed
Business Combinations	Business Combinations The results of businesses acquired in a business combination are included in the Company’s consolidated financial statements from the date of the acquisition. The Company uses the acquisition method of accounting and allocates the purchase price, including the fair value of any non-cash Determining the fair value of assets acquired and liabilities assumed requires the Company to perform valuations with significant judgment and estimates, including the selection of valuation methodologies, estimates of future revenue, costs and cash flows, discount rates and selection of comparable companies. The Company engages the assistance of valuation specialists in concluding on fair value measurements in connection with determining fair values of assets acquired and liabilities assumed in a business combination. Transaction costs associated with business combinations are expensed as incurred, and are included in general and administrative expense in the consolidated statements of operations.
Revenue recognition	Revenue recognition Subscriptions—O&O Service The Company generates revenue from monthly subscription fees from its O&O Service. CuriosityStream subscribers enter into month-to-month The Company also offers gift certificates for use on a future date. The Company recognizes revenue from gift certificates when the services have been provided. The gift certificates do not expire. Subscriptions—App Services The Company also earns subscription revenues through its App Services. These subscriptions are similar to the O&O Service subscriptions but are generated based on agreements with certain streaming media players as well as with Smart TV brands and gaming consoles (see Note 1). Under these agreements, the streaming media player typically bills the subscriber directly and then remits the collected subscriptions to the Company, net of a distribution fee. The Company recognizes the gross subscription revenues when earned and simultaneously recognizes the corresponding distribution fees as an expense. The Company is the principal in these relationships as the Company retains control over service delivery to its subscribers. License Fees—Affiliates The Company generates license fee revenues from MVPDs such as Comcast and Cox as well as from vMVPDs such as Amazon and Sling TV (MVPDs and vMVPDs are also referred to as affiliates). Under the terms of the agreements with these affiliates, the Company receives license fees based upon contracted programming rates and subscriber levels reported by the affiliates. In exchange, the Company licenses its content to the affiliates for distribution to their subscribers. The Company earns revenue under these agreements either based on the total number of subscribers multiplied by rates specified in the agreements or based on fixed fee arrangements. These revenues are recognized over the term of each agreement when earned. License Fees—Content Licensing The The Company’s performance obligations include (1) access to its SVOD platform via the Company’s O&O Service and App Services, (2) access to the Company’s content assets, and (3) licenses of specific program titles. In contracts containing the right to access the Company SVOD platform, the performance obligation is satisfied as access to the SVOD platform is provided post any free trial period. In contracts which contain access to the Company’s content assets, the performance obligation is satisfied as access to the content is provided. For contracts with licenses of specific program titles, the performance obligation is satisfied as that content is made available for the customer to use. Payment
Cost of revenues	Cost of revenues Cost of revenues primarily includes content asset amortization, streaming delivery costs, payment processing costs and distribution fees.
Advertising and marketing	Advertising and marketing Advertising and marketing expenses include digital, radio, brand awareness, and television types of costs. These costs are expensed as incurred. For the years ended December 31, 2022 and 2021 ,
Stock-based compensation	Stock-based compensation The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. The fair value is recognized in earnings over the period during which an employee is required to provide the
Income taxes	Income taxes The Company uses the asset and liability method of accounting for income taxes, in which deferred tax assets and liabilities are recognized for the future tax consequences attributable to the differences between the carrying amounts of existing assets and liabilities as reported in the consolidated balance sheets and their respective tax bases. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be reversed. The effect on deferred tax assets and liabilities of a change in tax rates is recognized as a component of the income tax provision in the period that includes the enactment date. A valuation allowance is established if it is more likely than not that all or a portion of the deferred tax assets will not be realized. The Company’s tax positions are subject to income tax audits. The Company recognizes the tax benefit of an uncertain tax position only if it is more likely than not that the position is sustainable upon examination by the taxing authority, based on the technical merits. The tax benefit recognized is measured as the largest amount of benefit which is more likely than not (greater than 50% likely) to be realized upon settlement with the taxing authority. The Company recognizes interest accrued and penalties related to unrecognized tax benefits in its tax provision. The Company calculates the current and deferred income tax provision based on estimates and assumptions that could differ from the actual results reflected in income tax returns filed in subsequent years. Adjustments based on filed income tax returns are recorded when identified. The amount of income tax paid is subject to examination by U.S. federal and state tax authorities. The estimate of the potential outcome of any uncertain tax issue is subject to management’s assessment of the relevant risks, facts, and circumstances existing at that time. To the extent the assessment of such tax position changes, the change in estimate is recorded in the period in which the determination is made.
Recently Issued and Adopted Financial Accounting Standards	Recently Issued and Adopted Financial Accounting Standards As an Emerging Growth Company (“EGC”), the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are applicable to private companies. The Company has elected to use this extended transition period under the JOBS Act until such time as the Company is no longer considered to be an EGC. Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) 2016-02” 2016-02 right-of-use The adoption of this standard resulted in the recognition of operating lease liabilities of $ 5.3 right-of-use 4.0 January 1, 2022, and the adoption of this new guidance did not have a material impact on the consolidated statements of operations or cash flows. Refer to Note 13 for further information regarding the impact of adoption of this standard on the Company’s consolidated financial statements. Accounting Standards Effective in Future Periods Financial Instruments—Credit Losses In June 2016, the FASB issued ASU No. 2016-13, 2016-13”).” 2016-13

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows	A reconciliation of the Company’s cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statements of cash flows as of December 31, 2022 and 2021 is as follows: As of December 31, 2022 2021 (in thousands) Cash and cash equivalents $ 40,007 $ 15,216 Restricted cash 500 2,331 Cash, cash equivalents and restricted cash $ 40,507 $ 17,547

Equity Investments and Busine_2

Equity Investments and Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Schedule of equity method investments	The Company’s carrying values for its equity method investments as of December 31, 2022 and 2021 is as follows: Spiegel Nebula Total (in thousands) Balance, December 31, 2021 (1) $ 3,089 $ 6,898 $ 9,987 Investments in equity method investees — 1,625 1,625 Equity interests (loss) income (190 ) (656 ) (846 ) Balance, December 31, 2022 $ 2,899 $ 7,867 $ 10,766 (1) Nebula’s investment in equity method investees balance include d

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Dec. 31, 2022
Balance Sheet Components [Line Items]
Schedule of investments in debt securities at fair value	The Company’s investments in debt securities at fair value based on unadjusted quoted market prices (Level 1) and quoted prices for comparable assets (Level 2) are: As of December 31, 2022 As of December 31, 2021 Cash and Short-term Investments (non-current) Total Cash and Short-term Investments (non-current) Total (in thousands) (in thousands) Level 1 Securities Money market funds $ 17,724 $ — $ — $ 17,724 $ 11,709 $ — $ — $ 11,709 U.S. Government debt securities — — — — — 13,582 — 13,582 Total Level 1 Securities 17,724 — — 17,724 11,709 13,582 — 25,291 Level 2 Securities Corporate debt securities — 14,986 — 14,986 — 50,641 15,430 66,071 Municipal debt securities — — — — — 1,610 — 1,610 Total Level 2 Securities — 14,986 — 14,986 — 52,251 15,430 67,681 Total $ 17,724 $ 14,986 $ — $ 32,710 $ 11,709 $ 65,833 $ 15,430 $ 92,972
Schedule of corporate, u.s. government, and municipal debt securities	The following tables summarize the Company’s corporate, U.S. government, and municipal debt securities: As of December 31, 2022 Amortized Gross Gross Estimated (in thousands) Debt Securities: Corporate $ 15,026 $ — $ (40 ) $ 14,986 Total $ 15,026 $ — $ (40 ) $ 14,986 As of December 31, 2021 Amortized Gross Gross Estimated (in thousands) Debt Securities: Corporate $ 66,281 $ — $ (210 ) $ 66,071 U.S. Government 13,594 — (12 ) 13,582 Municipalities 1,610 — — 1,610 Total $ 81,485 $ — $ (222 ) $ 81,263
Schedule of fair value of investments in corporate, U.S. government, and municipal debt securities by contractual maturity	The fair value of the Company’s investments in corporate, U.S. government, and municipal debt securities as of December 31, 2022 and 2021, by contractual maturity is as follows: As of December 31, 2022 As of December 31, 2021 Amortized Estimated Fair Amortized Cost Estimated (in thousands) (in thousands) Due in one year or less $ 15,026 $ 14,986 $ 66,001 $ 65,833 Due after one year through five years — — 15,484 15,430 Due after five years — — — — Total $ 15,026 $ 14,986 $ 81,485 $ 81,263
Schedule of content assets	Content assets consisted of the following: As of December 31, 2022 2021 (in thousands) Licensed content, net Released, less amortization $ 11,154 $ 11,406 Prepaid and unreleased 4,014 9,119 15,168 20,525 Produced content, net Released, less amortization 33,094 18,507 In production 20,240 33,650 53,334 52,157 Total $ 68,502 $ 72,682
Schedule of amortized licensed content costs and produced content costs	the Company amortized licensed content costs and produced content costs during the years ended December 31, 2022 and 2021, respe cti For the year ended 2022 2021 (in thousands) Licensed content $ 8,480 $ 8,961 Produced content 30,811 18,920 $ 39,291 $ 27,881
Schedule of Property and equipment	Property and equipment Property and equipment are summarized by major classifications as follows: Estimated useful life (in years) As of December 31, 2022 2021 (in thousands) Furniture and fixtures 10 to 15 $ 108 $ 108 Equipment 5 1,252 1,247 Computer and software 3 to 5 857 729 Website and application development 3 37 422 Leasehold improvements Lesser of lease term or lives 703 703 Work-in-progress — 5 32 Property and equipment, gross 2,962 3,241 Less accumulated depreciation and amortization 1,868 1,899 Property and equipment, net $ 1,094 $ 1,342
Schedule of Changes in goodwill	Changes in goodwill for the year ended December 31, 2022, was as follows (in thousands): Balance, December 31, 2021 $ 2,793 Impairment of Goodwill (see Note 2) 2,793 Balance, December 31, 2022 $ —
Schedule of intangible assets	Intangible assets as of December 31, 2022 were comprised of the following: Weighted Gross Accumulated Impairment Net (in thousands) Customer relationships 1.3 $ 940 $ (393 ) $ (430 ) $ 117 Trademark 3.9 570 (133 ) (320 ) 117 Covenant-not-to-compete 1.4 130 (52 ) (61 ) 17 $ 1,640 $ (578 ) $ (811 ) $ 251
Schedule of private placement warrants	As of December 31, 2022 2021 (in thousands) Level 3 Private Placement Warrants $ 257 $ 5,661 Total Level 3 $ 257 $ 5,661

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Schedule of revenues disaggregated	For the year ended December 31, 2022 2021 (in thousands, except percentages) Subscriptions—O&O Service $ 31,069 40 % $ 20,906 29 % Subscriptions—App Services 3,940 5 % 3,915 6 % Subscriptions—Total 35,009 45 % 24,821 35 % License Fees—Affiliates 16,357 21 % 18,572 26 % License Fees—Content Licensing (1) 24,691 31 % 24,758 35 % License Fees—Total 41,048 52 % 43,330 61 % Other—Total (1) 1,986 3 % 3,110 4 % Total Revenues $ 78,043 $ 71,261
Schedule of revenues expected to be recognized in the future related to performance obligations	For the year ending December 31, 2023 2024 2025 2026 Thereafter Total (in thousands) Remaining Performance Obligations $ 9,705 $ 5,469 $ 3,779 $ 115 $ 197 $ 19,265

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Schedule of fair value Black-Scholes option	As of December 31, 2022 2021 Exercise Price $ 11.50 $ 11.50 Stock Price (CURI) $ 1.14 $ 5.93 Expected volatility 77.00 % 58.00 % Expected warrant term (years) 2.8 3.8 Risk-free interest rate 4.22 % 1.12 % Dividend yield 0 % 0 % Fair Value per Private Placement Warrant $ 0.07 $ 1.54

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings (loss) per share	For the year ended 2022 2021 (in thousands, except per Numerator—Basic EPS: Net loss $ (50,917 ) $ (37,635 ) Denominator—Basic EPS: Weighted–average shares—Basic 52,787 51,482 Net loss per share—Basic $ (0.96 ) $ (0.73 ) Numerator—Diluted EPS: Net loss $ (50,917 ) $ (37,635 ) Decrease in fair value of Private Placement Warrants — (15,182 ) Net loss—Diluted $ (50,917 ) $ (52,817 ) Denominator—Diluted EPS: Weighted–average shares—Basic 52,787 51,482 Incremental common shares from assumed exercise of Private Placement Warrants — 307 Weighted–average shares—Diluted 52,787 51,789 Net loss per share—Diluted $ (0.96 ) $ (1.02 )
Schedule of antidilutive shares excluded	Antidilutive shares excluded: As of December 31, 2022 2021 (in thousands) Options 4,632 4,748 Restricted Stock Units 759 850 Warrants 6,730 3,054 12,121 8,652

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Stock-Based Compensation (Tables) [Line Items]
Schedule of stock option and restricted stock unit	Stock Options Restricted Stock Units Number of for Issuance Number of Weighted- Weighted- Aggregate (1) Number Weighted- Balance as of December 31, 2021 1,820,504 4,747,832 $ 7.61 8.2 $ 3,254 850,277 $ 11.41 Granted (1,369,401 ) 820,741 3.18 — — 548,660 3.15 Options exercised and RSUs vested 79,776 — — — — (292,882 ) 9.95 Forfeited or expired 1,283,815 (936,480 ) 6.11 — — (347,335 ) 9.12 Balance as of December 31, 2022 1,814,694 4,632,093 $ 7.13 6.8 $ — 758,720 $ 7.14 Exercisable as of December 31, 2021 2,348,875 $ 7.74 8.0 $ 2,010 Exercisable as of December 31, 2022 3,003,687 $ 7.24 6.2 $ — Unvested as of December 31, 2021 2,398,957 $ 7.49 8.4 $ 1,244 Unvested as of December 31, 2022 1,628,406 $ 6.93 8.0 $ — (1) Intrinsic value is based on the difference between the exercise price of in-the-money-stock
Schedule of assumptions used to value the company's stock options grants	As of December 31, 2022 2021 Dividend yield 0% 0% Expected volatility 60% - 70% 60% Expected term (years) 6.00 - 6.50 2.50 - 6.25 Risk-free interest rate 1.40% - 2.95% 0.14% - Weighted average grant date fair value $ 1.91 $ 6.58 (in thousands) Stock-based compensation—Options $ 3,829 $ 4,597 Stock-based compensation—RSUs $ 2,815 $ 2,367
Schedule of remaining unrecognized compensation cost	Total Unrecognized Weighted Average (in thousands) Stock options $ 5,227 1.8 Restricted Stock Units 9,166 2.4 Total $ 14,393

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of revenue by geographic location	For the year ended December 31, 2022 2021 (in thousands, except percentages) United States $ 48,270 62 % $ 41,461 58 % International: United Kingdom 8,191 10 % 6,749 9 % Germany 3,024 4 % 8,625 12 % Other 18,558 24 % 14,426 21 % Total International $ 29,773 38 % $ 29,800 42 % $ 78,043 100 % $ 71,261 100 %

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Schedule of impact of arrangements with related party on consolidated balance sheets	As of December 31, 2022 2021 (in thousands) Balance Sheets Accounts receivable $ 3,358 $ 6,254 Accounts payable 404 611
Schedule of impact of arrangements with related party on statement of operations	For the year ended December 31, 2022 2021 (in thousands) Statement of Operations Revenues $ 1,901 $ 5,612 Cost of revenues 4,289 1,202

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of rent and sublease rental income future minimum lease payments	The following table presents future minimum lease payments and related sublease rental income as reflected under ASC 840 as of December 31, 2021. Year Ending December 31, Rent Sublease rental income Net (in thousands) 2022 $ 530 $ (53 ) $ 477 2023 543 (54 ) 489 2024 557 (56 ) 501 2025 571 (57 ) 514 2026 585 (59 ) 526 Thereafter 3,946 (395 ) 3,551 $ 6,732 $ (674 ) $ 6,058
Schedule of total operating lease cost	The Company’s total operating lease cost for the year ended December 31, 2022 was comprised of the following: For the year ended (in thousands) Operating lease cost $ 484 Short-term lease cost 42 Variable lease cost 51 Total lease cost $ 577
Schedule of maturities of our operating lease liabilities	As of December 31, 2022, maturities of our operating lease liabilities, which do not include short-term leases and variable lease payments, are as follows (in thousands): 2023 $ 543 2024 557 2025 571 2026 585 2027 600 Thereafter 3,346 Total Lease Payments 6,202 Less: imputed interest (1,217 ) Present value of total lease liabilities $ 4,985

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of components of the provision for income taxes	The components of the provision for income taxes are as follows: For the year ended 2022 2021 (in thousands) Provision for income taxes: Current: Federal $ — $ — State and L (25 ) 11 Foreign 396 345 Total current provision $ 371 $ 356 Deferred: Federal $ (3 ) $ 3 State and local (1 ) 1 Foreign — — Total deferred provision $ (4 ) $ 4 Total tax provision $ 367 $ 360
Schedule of effective income tax rate to the U.S. federal statutory	The following table reconciles the Company’s effective income tax rate to the U.S. federal statutory income tax rat e For the year ended December 31, 2022 2021 (in thousands, except percentages) U.S. federal statutory income tax provision (benefit) $ (10,615 ) 21.0 % $ (7,851 ) 21.0 % Permanent items (360 ) 0.7 % (3,360 ) 9.0 % State and local income taxes, net of federal tax benefit (1,938 ) 3.8 % (2,727 ) 7.3 % Change in valuation allowance 12,409 (24.5 )% 13,824 (37.0 )% Return to provision adjustments 475 (0.9 )% 129 (0.3 )% Foreign withholding taxes 396 (0.8 )% 345 (0.9 )% Total tax provision $ 367 (0.7 )% $ 360 (0.9 )%
Schedule of deferred tax assets and liabilities	The major components of deferred tax assets and liabilities are as follows (in thousands): December 31, 2022 2021 (in thousands) Deferred tax assets: Net operating loss carryforwards $ 49,050 $ 37,428 Accrued expenses and reserves 526 798 Intangibles and content assets 2,837 2,334 Deferred rent — 314 Lease liability 1,232 — Stock based compensation 3,046 2,627 Other 275 179 Total deferred tax asset 56,966 43,680 Valuation allowance (56,051 ) (43,642 ) Deferred tax assets, net of valuation allowance $ 915 $ 38 Deferred tax liabilities: Unrealized gain — (43 ) ROU asset (915 ) — Deferred tax liabilities, net $ (0 ) $ (5 )

Organization and Business (Deta

Organization and Business (Details)	12 Months Ended
	Dec. 31, 2022
Organization and Business [Abstract]
Accessible on-demand description	The library is composed of more than six thousand accessible on-demand and ad-free productions and includes shows and series from leading non-fiction producers

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	May 11, 2022	Apr. 16, 2022	Mar. 04, 2022	Jan. 01, 2022
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Operating lease liability	$ 4,985
Right-of-use assets	3,702
Deferred rent and lease incentives	1,300
Restricted cash	500	2,331
Cash released from escrow			$ 500	$ 1,200	$ 200
Doubtful account	100	100
Goodwill impairment charge	2,800
Asset impairment charge	$ 800
Percentage of tax benefit recognized	50%
Advertising and marketing expenses	$ 40,709	$ 52,208
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Three Customers [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Concentration risk, percentage	21%	27%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Zero Customer [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Concentration risk, percentage	10%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | One Customer [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Concentration risk, percentage		10%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Three Customers [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Concentration risk, percentage	28%	34%
Operating Lease Liabilities [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Operating lease liability						$ 5,300
Right-of-use assets						$ 4,000
Maximum [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Voting Interests Percentage	50%
Minimum [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]
Voting Interests Percentage	20%

Basis of presentation and sum_4

Basis of presentation and summary of significant accounting policies -Schedule of cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statements of cash flows (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statements of cash flows [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 40,007	$ 15,216
Restricted Cash	500	2,331
Cash, cash equivalents and restricted cash	$ 40,507	$ 17,547

Equity Investments and Busine_3

Equity Investments and Business Combinations (Details) - USD ($) $ in Thousands			1 Months Ended	12 Months Ended
	Aug. 13, 2021	May 11, 2021	Aug. 23, 2021	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2022	May 11, 2022	Mar. 04, 2022	Feb. 11, 2022	Jul. 31, 2021
Equity Investments and Business Combinations Details [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired					$ 5,362
ODU Acquisition [Member]
Equity Investments and Business Combinations Details [Line Items]
Ownership Percentage		100%
Payments to Acquire Businesses and Interest in Affiliates		$ 4,500
Payments to Acquire Businesses, Net of Cash Acquired		4,000
Holdback for indemnification		$ 500
Payment from escrow funds to previous owners							$ 500
Learn 25 Acquisition [Member]
Equity Investments and Business Combinations Details [Line Items]
Ownership Percentage	100%
Payments to Acquire Businesses, Net of Cash Acquired	$ 1,400
Holdback for indemnification	200
Payment for earnout consideration									$ 500
Payment from escrow funds to previous owners								$ 200
Business combination, consideration transferred	1,500
Additional earnout consideration based on achievement of certain revenue targets	$ 600
Spiegel Venture [Member]
Equity Investments and Business Combinations Details [Line Items]
Ownership percentage										32%
Ownership amount										$ 3,300
Nebula [Member]
Equity Investments and Business Combinations Details [Line Items]
Ownership percentage			12%	16.875%
Ownership amount			$ 6,000
Ownership descriptions			Nebula is an SVOD technology platform built for and by a group of content creators. Should Nebula meet certain quarterly targets through the third quarter of 2023, the Company is obligated to purchase additional ownership interests, each for a payment of $0.8 million, which after each payment the Company will obtain an additional 1.625% of equity ownership interests. During the year ended December 31, 2022, the Company purchased additional equity interests totaling 3.25%, and during the year ended December 31, 2021, the Company purchased additional equity interests subsequent to the initial investment totaling 1.625%. These additional equity interest purchases have increased the Company’s total ownership interest in Nebula to 16.875% as of December 31, 2022. Prior to the Company’s investment, Nebula was a 100% wholly owned subsidiary of Standard Broadcast LLC (“Standard”). The Company obtained 25% of the representation on Nebula’s Board of Directors, providing the Company with significant influence, but not a controlling interest.
Equity investments						$ 800

Equity Investments and Busine_4

Equity Investments and Business Combinations - Schedule of equity method investments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Schedule Of Equity Method Investments Line Items
Beginning balance	$ 9,987
Investments in equity method investees	1,625
Equity interests (loss) income	(846)
Ending balance	10,766
Spiegel Venture [Member]
Schedule Of Equity Method Investments Line Items
Beginning balance	3,089
Investments in equity method investees
Equity interests (loss) income	(190)
Ending balance	2,899
Nebula [Member]
Schedule Of Equity Method Investments Line Items
Beginning balance	6,898
Investments in equity method investees	1,625
Equity interests (loss) income	(656)
Ending balance	$ 7,867

Equity Investments and Busine_5

Equity Investments and Business Combinations - Schedule of equity method investments (Parenthetical) (Details) $ in Millions	Dec. 31, 2021 USD ($)
Schedule of equity method investments [Abstract]
Accrued Liabilities and Other Liabilities	$ 0.8

Balance Sheet Components (Detai

Balance Sheet Components (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Balance Sheet Components [Line Items]
Unamortized cost of the licensed 2022	$ 5.1
Unamortized cost of the licensed 2023	3
Unamortized cost of the licensed 2024	1.3
Unamortized cost of the licensed, Total	11.2
Unamortized cost of the produced content 2022	9.3
Unamortized cost of the produced content 2023	8.7
Unamortized cost of the produced content 2024	7.6
Unamortized cost of the produced content, Total	33.1
Realized losses	0.1	$ 0.1
Leasehold Improvements [Member]
Balance Sheet Components [Line Items]
Depreciation expense	$ 0.4	$ 0.3

Balance Sheet Components (Det_2

Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value [Line Items]
Cash and Cash Equivalents	$ 17,724	$ 11,709
Short-term Investments	14,986	65,833
Investments (non-current)		15,430
Total	32,710	92,972
Level 1 Securities [Member]
Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value [Line Items]
Cash and Cash Equivalents	17,724	11,709
Short-term Investments		13,582
Total	17,724	25,291
Level 1 Securities [Member] | U.S. Government debt securities [Member]
Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value [Line Items]
Cash and Cash Equivalents
Short-term Investments		13,582
Total		13,582
Level 1 Securities [Member] | Money market funds [Member]
Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value [Line Items]
Cash and Cash Equivalents	17,724	11,709
Total	17,724	11,709
Level 2 Securities [Member]
Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value [Line Items]
Short-term Investments	14,986	52,251
Investments (non-current)		15,430
Total	14,986	67,681
Level 2 Securities [Member] | Corporate debt securities [Member]
Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value [Line Items]
Short-term Investments	14,986	50,641
Investments (non-current)		15,430
Total	$ 14,986	66,071
Level 2 Securities [Member] | Municipal debt securities [Member]
Balance Sheet Components (Details) - Schedule of investments in debt securities at fair value [Line Items]
Short-term Investments		1,610
Total		$ 1,610

Balance Sheet Components (Det_3

Balance Sheet Components (Details) - Schedule of corporate, U.S. government, and municipal debt securities - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Securities:
Amortized Cost	$ 15,026	$ 81,485
Gross Unrealized Gains
Gross Unrealized Losses	(40)	(222)
Estimated Fair Value	14,986	81,263
Corporate [Member]
Debt Securities:
Amortized Cost	15,026	66,281
Gross Unrealized Gains
Gross Unrealized Losses	(40)	(210)
Estimated Fair Value	$ 14,986	66,071
U.S. Government [Member]
Debt Securities:
Amortized Cost		13,594
Gross Unrealized Gains
Gross Unrealized Losses		(12)
Estimated Fair Value		13,582
Municipalities [Member]
Debt Securities:
Amortized Cost		1,610
Gross Unrealized Gains
Gross Unrealized Losses
Estimated Fair Value		$ 1,610

Balance Sheet Components (Det_4

Balance Sheet Components (Details) - Schedule of fair value of investments in corporate, U.S. government, and municipal debt securities by contractual maturity - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of fair value of investments in corporate, U.S. government, and municipal debt securities by contractual maturity [Abstract]
Due in one year or less, Amortized Cost	$ 15,026	$ 66,001
Due after one year through five years, Amortized Cost		15,484
Due after five years	0
Total	15,026	81,485
Due in one year or less, Estimated Fair Value	14,986	65,833
Due after one year through five years, Estimated Fair Value		15,430
Total	$ 14,986	$ 81,263

Balance Sheet Components (Det_5

Balance Sheet Components (Details) - Schedule of content assets - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Licensed content, net
Licensed content, net	$ 15,168	$ 20,525
Produced content, net
Produced content, net	53,334	52,157
Total	68,502	72,682
Released, less amortization [Member]
Licensed content, net
Licensed content, net	11,154	11,406
Produced content, net
Produced content, net	33,094	18,507
Prepaid and unreleased [Member]
Licensed content, net
Licensed content, net	4,014	9,119
In production [Member]
Produced content, net
Produced content, net	$ 20,240	$ 33,650

Balance Sheet Components (Det_6

Balance Sheet Components (Details) - Schedule of company amortized licensed content costs - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Balance Sheet Components (Details) - Schedule of company amortized licensed content costs [Line Items]
Amortization of content assets	$ 39,291	$ 27,881
Licensed content [Member]
Balance Sheet Components (Details) - Schedule of company amortized licensed content costs [Line Items]
Amortization of content assets	8,480	8,961
Produced content [Member]
Balance Sheet Components (Details) - Schedule of company amortized licensed content costs [Line Items]
Amortization of content assets	$ 30,811	$ 18,920

Balance Sheet Components (Det_7

Balance Sheet Components (Details) - Schedule of property and equipment - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,962	$ 3,241
Less accumulated depreciation and amortization	1,868	1,899
Property and equipment, net	1,094	1,342
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 108	108
Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	5 years
Property and equipment, gross	$ 1,252	1,247
Computer and software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 857	729
Website and application development [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	3 years
Property and equipment, gross	$ 37	422
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 703	703
Estimated useful life (in years), Leasehold improvements	Lesser of lease term or lives
Work In Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 5	$ 32
Maximum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	15 years
Maximum [Member] | Computer and software [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	5 years
Minimum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	10 years
Minimum [Member] | Computer and software [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	3 years

Balance Sheet Components (Det_8

Balance Sheet Components (Details) - Schedule of Changes in goodwill $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Schedule of Changes in goodwill [Abstract]
Balance at December 31,2021	$ 2,793
Impairment of goodwill	2,793
Balance at September 30, 2022

Balance Sheet Components (Det_9

Balance Sheet Components (Details) - Schedule of intangible assets $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,640
Accumulated Amortization	(578)
Net Carrying Amount	251
Impairment	$ (811)
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period (in years)	1 year 3 months 18 days
Gross Carrying Amount	$ 940
Accumulated Amortization	(393)
Net Carrying Amount	117
Impairment	$ (430)
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period (in years)	3 years 10 months 24 days
Gross Carrying Amount	$ 570
Accumulated Amortization	(133)
Net Carrying Amount	117
Impairment	$ (320)
Covenant Not To Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period (in years)	1 year 4 months 24 days
Gross Carrying Amount	$ 130
Accumulated Amortization	(52)
Net Carrying Amount	17
Impairment	$ (61)

Balance Sheet Components (De_10

Balance Sheet Components (Details) - Schedule of private placement warrants - Level 3 [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Level 3
Total Level 3	$ 257	$ 5,661
Private Placement Warrants [Member]
Level 3
Total Level 3	$ 257	$ 5,661

Revenue (Details)

Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Total related party revenue	$ 1.9	$ 5.6
Licence fee revenue from Spiegel	0.3	3
Marketing services rendered to Spiegel Venture		1.3
Marketing services rendered to Nebula	1.6	1.3
Deferred revenues	14.9	23.2
Revenues recognized	22.3
Deferred revenues noncurrent	$ 0.6	$ 0.7

Revenue (Details) - Schedule of

Revenue (Details) - Schedule of revenues disaggregated - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Subscriptions—Total		$ 35,009	$ 24,821
Subscriptions—Total, percentage		45%	35%
License Fees—Total		$ 41,048	$ 43,330
License Fees—Total, percentage		52%	61%
Other—Total	[1]	$ 1,986	$ 3,110
Other—Total, percentage	[1]	3%	4%
Total Revenues		$ 78,043	$ 71,261
O&O Service [Member]
Disaggregation of Revenue [Line Items]
Subscriptions—Total		$ 31,069	$ 20,906
Subscriptions—Total, percentage		40%	29%
App Services [Member]
Disaggregation of Revenue [Line Items]
Subscriptions—Total		$ 3,940	$ 3,915
Subscriptions—Total, percentage		5%	6%
Affiliates [Member]
Disaggregation of Revenue [Line Items]
License Fees—Total	[1]	$ 16,357	$ 18,572
License Fees—Total, percentage	[1]	21%	26%
Content Licensing [Member]
Disaggregation of Revenue [Line Items]
License Fees—Total	[1]	$ 24,691	$ 24,758
License Fees—Total, percentage	[1]	31%	35%
[1]For the years ended December 31, 2022 and 2021, total related party revenue was $1.9 million and $5.6 million, respectively. This consisted of $0.3 million and $3.0 million of revenue from content licensed by the Company to the Spiegel Venture during the years ended December 31, 2022 and 2021, respectively, which is included in License Fees—Content Licensing. Total related party revenue also consisted of $1.3 million for marketing services rendered to the Spiegel Venture during the year ended December 31, 2021, as well as $1.6 million and $1.3 million for marketing services rendered to Nebula during the years ended December 31, 2022 and 2021, respectively, which is included in Other Revenue.

Revenue (Details) - Schedule _2

Revenue (Details) - Schedule of revenues expected to be recognized in the future related to performance obligations $ in Thousands	Dec. 31, 2022 USD ($)
Schedule of revenues expected to be recognized in the future related to performance obligations [Abstract]
2023	$ 9,705
2024	5,469
2025	3,779
2026	115
Thereafter	197
Total	$ 19,265

Paycheck Protection Program L_2

Paycheck Protection Program Loan (Details) - USD ($) $ in Millions	May 01, 2020	Apr. 16, 2022
PPP loan maturity date	The PPP Loan was set to mature in May 2022 and bore interest at a rate of 1.0% per annum.
Paycheck Protection Program Loans [Member]
Funding from paycheck protection program	$ 1.2
Cash and cash equivalents		$ 1.2

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Oct. 14, 2020
Stockholders' Equity (Details) [Line Items]
Common Stock, par value	$ 0.0001	$ 0.0001
Change in gain/loss of warrant liability	$ 5.4	$ 15.2
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 11.5
Warrants expire, date	Oct. 14, 2025
Proceeds from public warrants exercised		$ 54.9
Warrants exercised	0
Private Placement [Member]
Stockholders' Equity (Details) [Line Items]
Number of warrants outstanding			3,676,000
Public Warrants [Member]
Stockholders' Equity (Details) [Line Items]
Number of warrants outstanding	3,054,203
Warrants exercised		4,700,000
Capital Units [Member]
Stockholders' Equity (Details) [Line Items]
Shares Authorized	126,000,000	126,000,000
Common Stock, par value	$ 0.0001	$ 0.0001
Common Stock [Member]
Stockholders' Equity (Details) [Line Items]
Number of shares authorized to issue	125,000,000	125,000,000
Preferred Stock [Member]
Stockholders' Equity (Details) [Line Items]
Number of shares authorized to issue	1,000,000	1,000,000

Stockholders' Equity (Details)

Stockholders' Equity (Details) - Schedule of fair value Black-Scholes option - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of Fair Value Black Scholes Option [Abstract]
Exercise Price	$ 11.5	$ 11.5
Stock Price (CURI)	$ 1.14	$ 5.93
Expected volatility	77%	58%
Expected warrant term (years)	2 years 9 months 18 days	3 years 9 months 18 days
Risk-free interest rate	4.22%	1.12%
Dividend yield	0%	0%
Fair Value per Private Placement Warrant	$ 0.07	$ 1.54

Earnings (Loss) Per Share (Det

Earnings (Loss) Per Share (Details) - Schedule of basic and diluted earnings (loss) per share - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Numerator—Basic EPS:
Net loss	$ (50,917)	$ (37,635)
Denominator—Basic EPS:
Weighted–average shares—Basic	52,787	51,482
Net loss per share—Basic	$ (0.96)	$ (0.73)
Numerator—Diluted EPS:
Net loss	$ (50,917)	$ (37,635)
Decrease in fair value of Private Placement Warrants		(15,182)
Net loss—Diluted	$ (50,917)	$ (52,817)
Denominator—Diluted EPS:
Weighted–average shares—Basic	52,787	51,482
Incremental common shares from assumed exercise of Private Placement Warrants		307
Weighted–average shares—Diluted	52,787	51,789
Net loss per share—Diluted	$ (0.96)	$ (1.02)

Earnings (Loss) Per Share (D_2

Earnings (Loss) Per Share (Details) - Schedule of antidilutive shares excluded - shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	12,121	8,652
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	4,632	4,748
Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	759	850
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	6,730	3,054

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2020
Share-Based Payment Arrangement [Abstract]
Number of shares approved to be issued (in Shares)		7,725,000
Intrinsic value of options exercised	$ 1.4

Stock-Based Compensation (Det_2

Stock-Based Compensation (Details) - Schedule of stock option and restricted stock unit - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Stock-Based Compensation (Details) - Schedule of stock option and restricted stock unit [Line Items]
Number of Shares Available for Issuance Under the Plan, Outstanding at beginning balance	1,820,504
Number of Shares Available for Issuance Under the Plan, Granted	(1,369,401)
Number of Shares Available for Issuance Under the Plan, Options exercised and RSUs vested	79,776
Number of Shares Available for Issuance Under the Plan, Forfeited or expired	1,283,815
Number of Shares Available for Issuance Under the Plan, Outstanding at ending balance	1,814,694	1,820,504
Stock Options [Member]
Stock-Based Compensation (Details) - Schedule of stock option and restricted stock unit [Line Items]
Number of Shares, Outstanding at beginning balance	4,747,832
Number of Shares, Granted	820,741
Number of Shares, Options exercised and RSUs vested	0
Number of Shares, Forfeited or expired	(936,480)
Number of Shares, Outstanding at ending balance	4,632,093	4,747,832
Number of Shares, Excercisable	3,003,687	2,348,875
Number of Shares, Unvested as of period end December 31	1,628,406	2,398,957
Weighted- Average Exercise Price, Outstanding at beginning balance (in Dollars per share)	$ 7.61
Weighted- Average Exercise Price, Granted (in Dollars per share)	3.18
Weighted- Average Exercise Price, Options exercised and RSUs vested (in Dollars per share)
Weighted- Average Exercise Price Stock Options, Forfeited or expired (in Dollars per share)	6.11
Weighted- Average Exercise Price Stock Options, Outstanding at ending balance (in Dollars per share)	7.13	$ 7.61
Weighted- Average Exercise Price, Excercisable (in Dollars per share)	7.24	7.74
Weighted- Average Exercise Price, Unvested (in Dollars per share)	$ 6.93	$ 7.49
Weighted- Average Remaining Contractual Term (in Years), Outstanding at beginning balance	8 years 2 months 12 days
Weighted- Average Remaining Contractual Term (in Years), Outstanding at ending balance	6 years 9 months 18 days
Weighted- Average Remaining Contractual Term (in Years), Excercisable	6 years 2 months 12 days	8 years
Weighted- Average Remaining Contractual Term (in Years), Unvested	8 years	8 years 4 months 24 days
Aggregate Intrinsic Value, Outstanding at beginning balance (in Dollars)	$ 3,254
Aggregate Intrinsic Value, Granted (in Dollars)	0
Aggregate Intrinsic Value, Options exercised and RSUs vested (in Dollars)	0
Aggregate Intrinsic Value, Forfeited or expired (in Dollars)	0
Aggregate Intrinsic Value, Outstanding at ending balance (in Dollars)	0	$ 3,254
Aggregate Intrinsic Value, Excercisable (in Dollars)	0	2,010
Aggregate Intrinsic Value, Unvested (in Dollars)	$ 0	$ 1,244
Restricted Stock Units [Member]
Stock-Based Compensation (Details) - Schedule of stock option and restricted stock unit [Line Items]
Number of Shares, Outstanding at beginning balance	850,277
Number of Shares, Granted	548,660
Number of Shares, Options exercised and RSUs vested	(292,882)
Number of Shares, Forfeited or expired	(347,335)
Number of Shares, Outstanding at ending balance	758,720	850,277
Weighted- Average Grant Date Fair Value, Outstanding at beginning balance (in Dollars per share)	$ 11.41
Weighted- Average Grant Date Fair Value, Granted (in Dollars per share)	3.15
Weighted- Average Grant Date Fair Value, Options exercised and RSUs vested (in Dollars per share)	9.95
Weighted- Average Grant Date Fair Value, Forfeited or expired (in Dollars per share)	9.12
Weighted- Average Grant Date Fair Value, Outstanding at ending balance (in Dollars per share)	$ 7.14	$ 11.41

Stock-Based Compensation (Det_3

Stock-Based Compensation (Details) - Schedule of assumptions used to value the company's stock options grants - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Stock-Based Compensation (Details) - Schedule of assumptions used to value the company's stock options grants [Line Items]
Dividend yield	0%	0%
Expected volatility		60%
Risk-free interest rate	4.22%	1.12%
Weighted average grant date fair value	$ 1.91	$ 6.58
Stock-based compensation—Options	$ 3,829	$ 4,597
Stock-based compensation—RSUs	$ 2,815	$ 2,367
Minimum [Member]
Stock-Based Compensation (Details) - Schedule of assumptions used to value the company's stock options grants [Line Items]
Expected volatility	60%
Expected term (years)	6 years	2 years 6 months
Risk-free interest rate	1.40%	0.14%
Maximum [Member]
Stock-Based Compensation (Details) - Schedule of assumptions used to value the company's stock options grants [Line Items]
Expected volatility	70%
Expected term (years)	6 years 6 months	6 years 3 months
Risk-free interest rate	2.95%	1.11%

Stock-Based Compensation (Det_4

Stock-Based Compensation (Details) - Schedule of remaining unrecognized compensation cost $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
StockBasedCompensationDetailsScheduleofremainingunrecognizedcompensationcost [Line Items]
Total Unrecognized Compensation Cost	$ 14,393
Restricted Stock Units [Member]
StockBasedCompensationDetailsScheduleofremainingunrecognizedcompensationcost [Line Items]
Total Unrecognized Compensation Cost	$ 9,166
Weighted Average Remaining Years	2 years 4 months 24 days
Stock Options [Member]
StockBasedCompensationDetailsScheduleofremainingunrecognizedcompensationcost [Line Items]
Total Unrecognized Compensation Cost	$ 5,227
Weighted Average Remaining Years	1 year 9 months 18 days

Segment and Geographic Inform_3

Segment and Geographic Information (Details)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Number of Operating Segments	1

Segment and Geographic Inform_4

Segment and Geographic Information (Details) - Schedule of revenue by geographic location - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue by geographic	$ 78,043	$ 71,261
Revenue by geographic percentage	100%	100%
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue by geographic	$ 48,270	$ 41,461
Revenue by geographic percentage	62%	58%
Germany [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue by geographic	$ 3,024	$ 8,625
Revenue by geographic percentage	4%	12%
United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue by geographic	$ 8,191	$ 6,749
Revenue by geographic percentage	10%	9%
Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue by geographic	$ 18,558	$ 14,426
Revenue by geographic percentage	24%	21%
Total International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue by geographic	$ 29,773	$ 29,800
Revenue by geographic percentage	38%	42%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Line Items]
Recognized revenues	$ 1.9	$ 5.6
Chief Executive Officer [Member]
Related Party Transactions [Line Items]
Total agreement payments	$ 2.4	3.2
Chief Executive Officer [Member] | Production Company [Member]
Related Party Transactions [Line Items]
Ownership interest of agreement payments	10%
Spiegel Venture [Member]
Related Party Transactions [Line Items]
Recognized revenues	$ 0.3	4.3
Nebula [Member]
Related Party Transactions [Line Items]
Revenue share from subscription sales	4.3	1.2
Revenue from Advertising Services	$ 1.6	$ 1.3

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of consolidated balance sheets - Spiegel Venture and Nebula [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Line Items]
Accounts receivable	$ 3,358	$ 6,254
Accounts payable	$ 404	$ 611

Related Party Transactions (D_3

Related Party Transactions (Details) - Schedule of statement of operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Line Items]
Revenues	$ 78,043	$ 71,261
Spiegel Venture and Nebula [Member]
Related Party Transactions [Line Items]
Revenues	1,901	5,612
Cost of revenues	$ 4,289	$ 1,202

Retirement Plan (Details)

Retirement Plan (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Defined contribution, description	plan that covers employees 21 years of age or older with three months or greater of service.
Employer match contributions, description	The Company matches employee deferrals at 100% on up to 3% of compensation and 50% of employee deferrals between 3 – 5% of compensation.
Total employer match contributions	$ 0.3	$ 0.4

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases (Details) [Line Items]
Operating lease agreement description	The Company is party to a non-cancellable operating lease agreement for office space, which expires in 2033.
Operating lease right-of-use assets	$ 3,702
Current lease liabilities	$ 300
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Liabilities, Current
Non-current lease liabilities	$ 4,648
Weighted average discount rate percentage	4.40%
Weighted average remaining lease term	10 years 2 months 12 days
Future minimum lease payment receivable	$ 600
Operating Lease [Member]
Leases (Details) [Line Items]
Operating lease right-of-use assets	$ 3,700

Leases (Details) - Schedule of

Leases (Details) - Schedule of rent and sublease rental income future minimum lease payments $ in Thousands	Dec. 31, 2021 USD ($)
Leases (Details) [Line Items]
2022	$ 477
2023	489
2024	501
2025	514
2026	526
Thereafter	3,551
Total	6,058
Rent Expense [Member]
Leases (Details) [Line Items]
2022	530
2023	543
2024	557
2025	571
2026	585
Thereafter	3,946
Total	6,732
Subleases Rental Income [Member]
Leases (Details) [Line Items]
2022	(53)
2023	(54)
2024	(56)
2025	(57)
2026	(59)
Thereafter	(395)
Total	$ (674)

Leases (Details) - Schedule o_2

Leases (Details) - Schedule of total operating lease cost $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Schedule of total operating lease cost [Abstract]
Operating lease cost	$ 484
Short-term lease cost	42
Variable lease cost	51
Total lease cost	$ 577

Leases (Details) - Schedule o_3

Leases (Details) - Schedule of maturities of our operating lease liabilities $ in Thousands	Dec. 31, 2022 USD ($)
Schedule of maturities of our operating lease liabilities [Abstract]
2024	$ 557
2023	543
2025	571
2026	585
2027	600
Thereafter	3,346
Total Lease Payments	6,202
Less: imputed interest	(1,217)
Present value of total lease liabilities	$ 4,985

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies (Details) [Line Items]
Content obligations			$ 11.5	$ 39
Current content liabilities			2.9	9.7
Content assets obligations			8.6	$ 29.3
Advertising commitments			$ 1.1
Forecast [Member]
Commitments and Contingencies (Details) [Line Items]
Advertising obligations	$ 0.5	$ 0.6

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Aug. 16, 2022
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 367	$ 360
Federal net operating loss carryforwards	196,900	149,100
State net operating loss carryforwards	$ 135,000	$ 110,900
Income tax benefit, description		The tax benefit recognized is measured as the largest amount of benefit which is more likely than not (greater than 50% likely) to be realized upon settlement with the taxing authority.
Percentage of corporate minimum tax rate			15%
Percentage of excise tax on stock repurchases			1%

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of components of the provision for income taxes - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt, Current [Abstract]
Federal	$ 0	$ 0
State and Local	(25)	11
Foreign	396	345
Total current provision	371	356
Deferred:
Federal	(3)	3
State and local	(1)	1
Foreign	0	0
Total deferred provision	(4)	4
Total tax provision	$ 367	$ 360

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of effective income tax rate to the U.S. federal statutory - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Effective Income Tax Rate To The US Federal Statutory [Abstract]
U.S. federal statutory income tax provision ("benefit")	$ (10,615)	$ (7,851)
U.S. federal statutory income tax provision ("benefit") Effective Rate	21%	21%
Permanent items	$ (360)	$ (3,360)
Permanent items Effective Rate	0.70%	9%
State and local income taxes, net of federal tax benefit	$ (1,938)	$ (2,727)
State and local income taxes, net of federal tax benefit Effective Rate	3.80%	7.30%
Change in valuation allowance	$ 12,409	$ 13,824
Change in valuation allowance Effective Rate	(24.50%)	(37.00%)
Return to provision adjustments	$ 475	$ 129
Return to provision adjustments Effective Rate	(0.90%)	(0.30%)
Foreign withholding taxes	$ 396	$ 345
Foreign withholding taxes Effective Rate	(0.80%)	(0.90%)
Total Tax Provision	$ 367	$ 360
Total Tax Provision Effective Rate	(0.70%)	(0.90%)

Income Taxes (Details) - Sche_3

Income Taxes (Details) - Schedule of deferred tax assets and liabilities - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Assets [Abstract]
Net operating loss carryforwards	$ 49,050	$ 37,428
Accrued expenses and reserves	526	798
Intangibles and content assets	2,837	2,334
Deferred rent	0	314
Lease liability	1,232	0
Stock based compensation	3,046	2,627
Other	275	179
Total deferred tax asset	56,966	43,680
Valuation allowance	(56,051)	(43,642)
Deferred tax assets, net of valuation allowance	915	38
Deferred tax liabilities:
Unrealized gain	0	(43)
ROU asset	(915)	0
Deferred tax liabilities, net	$ 0	$ (5)