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CuriosityStream Inc. (SAQNU)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
   10-K10-K10-K10-K
Cash flows from operating activities      
Net loss  -50.9-37.6-48.6-42.5
   
Adjustments to reconcile net loss to net cash used in operating activities      
Change in fair value of warrant liability  -5.4-15.2-10.1 
Additions to content assets  -34.8-65.6-26.0-16.0
Change in content liabilities  -6.87.6-1.21.1
Amortization of content assets  39.327.9  
Depreciation and amortization expenses  40.028.50.40.1
Impairment of goodwill and intangible assets  3.6   
Amortization of premiums and accretion of discounts associated with investments in debt securities, net  1.23.10.2 
Stock-based compensation  6.67.04.31.0
Other non-cash items  1.10.2  
   
Changes in operating assets and liabilities      
Accounts receivable  11.9-16.2-5.4-0.5
Other assets  3.4-2.7-1.6-0.5
Accounts payable  2.7-0.1-1.52.4
Accrued expenses and other liabilities  -4.67.41.10.9
Deferred revenue  -8.310.05.65.4
    Net cash used in operating activities  -39.5-73.2-53.5-44.7
   
Cash flows from investing activities      
Purchases of property and equipment  -0.1-0.4-0.4-0.8
Investment in equity method investees  -2.4-9.6  
Sales of investments in debt securities  22.950.443.2 
Maturities of investments in debt securities  43.941.910.87.9
Purchases of investments in debt securities  -1.5-151.9-28.1 
    Net cash provided by investing activities  62.7-74.925.5-9.0
   
Cash flows from financing activities      
Payments related to tax withholding  -0.2-0.5  
    Net cash used in financing activities  -0.2148.336.6 
    Net increase in cash, cash equivalents and restricted cash  23.00.28.6 
   
Supplemental disclosure:      
    Cash paid for taxes  0.60.30.30.0
    Cash paid for operating leases  0.50.3  
    Right-of-use assets obtained in exchange for new operating lease liabilities  4.0   

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