Record Revenue Growth
Quarterly revenue grew by 53% year-over-year from $12.4 million to $19 million, exceeding guidance, with a sequential growth of 26% from Q1.
Positive Net Income and EBITDA
Net income improved by nearly $3 million year-over-year, and adjusted EBITDA grew by over $4 million from negative $1 million to positive $3.1 million.
Strength in AI Licensing
Significant new business from AI licensing drove content licensing revenue to $9.3 million, an increase from last year of over $8 million.
Global Expansion and Partnerships
Entered new multiyear wholesale distribution agreements in Asia, Latin America, and the U.S.; launched CuriosityStream and Curiosity University with partners like Prime Video.
Strong Balance Sheet
Ended the quarter with $31 million in liquidity and no debt, providing significant operating flexibility.