UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 84-1797523 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 8484 Georgia Ave., Suite 700 Silver Spring, Maryland 20910 (Address of principal executive offices) (Zip Code) Title of each class Trading Symbol(s) Name of exchange on which registered Common Stock, par value $0.0001 CURI NASDAQ Warrants, each exercisable for one share of Common stock at an exercise price of $11.50 ...

Financial Data and Key Metrics Changes - CuriosityStream's year-end 2020 revenue was more than double its 2019 annual revenue and over four times its 2018 annual revenue, with Q4 revenue growing 70% year-over-year to $11.4 million [9][28] - The company reported a gross margin of 59% in Q4 2020, down from about 64% in Q4 2019, due to increased content amortization [29] - Overall operating expenses increased 16% to $22.2 million from $19.1 million in Q4 2019, with Q4 EBITDA loss remaining relatively flat at $15.5 million compared to a loss of $14.8 million in the previous year [30] Business Line Data and Key Metrics Changes - Paying subscribers grew 50% year-over-year to approximately 15 million, with significant growth in direct subscription revenue and international subscribers [11] - Direct subscriber count increased by nearly 100% compared to 2019, and the lifetime value (LTV) increased by 48% while reducing the overall marketing budget year-over-year [13] - The company began recognizing revenue from sponsorship and brand partnerships in Q4, contributing to overall revenue growth [19] Market Data and Key Metrics Changes - International revenue grew by 7 percentage points year-over-year, with a majority of direct subscribers coming from the U.S. and bundled subscribers from international markets [42] - The company entered an international distribution partnership with Tata Sky, one of India's largest content distribution platforms, and expanded its subscriber base through partnerships with Russian operators [18] Company Strategy and Development Direction - CuriosityStream aims to capitalize on trends favoring on-demand content and focuses on factual content that appeals across demographics and geographies [8] - The company plans to invest in a significant slate of original programming for 2021, with a focus on expanding its content library and enhancing its distribution partnerships [16][17] - The management team has been strengthened with leadership hires in key areas such as distribution and brand partnerships [22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth trends as the world opens up, which is expected to positively impact both direct and third-party businesses [35][36] - The company is on track to achieve its revenue goal of $71 million for 2021, with over 80% of the revenue target already committed [25][32] - Management noted that the factual content space has allowed them to continue producing content during the pandemic without significant disruptions [61] Other Important Information - CuriosityStream completed a follow-on offering in Q1 2021, raising approximately $100 million to invest in programming and marketing [24] - The company has one of the largest streaming factual content libraries globally, with a mix of owned and licensed content expected to remain stable [43] Q&A Session Summary Question: Can you discuss the DTC subscriber trends and the impact of stimulus on growth? - Management noted strong growth in direct service and does not anticipate a slowdown, with optimism about the impact of reopening on third-party businesses [35][36] Question: What is the international revenue contribution in Q4 and its growth projection? - International revenue grew by 7 percentage points year-over-year, with expectations for continued growth in the future [42] Question: How is the company planning to use unique programming to build subscribers? - Management indicated that tent pole programs are key to marketing efforts, driving targeted campaigns to attract subscribers [47][48] Question: How has COVID impacted production, and what is the current status? - Management reported that production continued through COVID, with some adaptations made, and they are confident in meeting production timelines [61] Question: How does the company view competition from new streaming services? - Management believes they are running their own race and focuses on maintaining a premium brand position in the factual content space [63]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 84-1797523 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, par value $0.0001 CURI NASDAQ Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share CURIW NASDAQ Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39139 Software Acquisition Group Inc. (Exact Name of Registrant as Specified in Its Charter) | --- | --- | |-------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39139 Software Acquisition Group Inc. (Exact Name of Registrant as Specified in Its Charter) | --- | --- | |------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 84-1797523 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 1980 Festival Plaza Drive, Ste. 300 Las Vegas, Nevada 89135 (Address of principal executive offices) (Zip Code) Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Units, each consisting of one share of Class A Common Stock and one half of one redeemable Warrant SAQNU The Nasdaq Stock Mar ...