CuriosityStream Inc. Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||
(in thousands) | 2024 | 2023 | |||||||||
| Numerator — Basic and Diluted EPS | |||||||||||
| Net loss | $ | (12,941) | $ | (48,896) | |||||||
| Denominator — Basic and Diluted EPS | |||||||||||
| Weighted–average shares | 54,480 | 53,044 | |||||||||
| Net loss per share — Basic and Diluted | $ | (0.24) | $ | (0.92) | |||||||
| Year Ended December 31, | |||||||||||
| (in thousands) | 2024 | 2023 | |||||||||
| Options | 27 | 32 | |||||||||
| Restricted Stock Units | 2,061 | 2,058 | |||||||||
| Warrants | 6,730 | 6,730 | |||||||||
Total | 8,818 | 8,820 | |||||||||
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.