G
GAIA, INC
GAIACIK 0001089872NasdaqNon-AcceleratedSmaller ReportingServices-Motion Picture & Video Tape ProductionColoradoFY ends Dec 31
Period
FY 2025
Revenue
$98.95M
Net Income
$-4.49M
Total Assets
$154.65M
Equity
$87.95M
Shares Out
—
Op. Cash Flow
$5.67M
Business
GAIA, INC operates a global digital video subscription service and community focused on transformational and conscious-lifestyle content. It offers streaming films, documentaries, interviews, original productions, yoga and movement classes, live events and licensed programming organized into channels such as Yoga, Transformation, Alternative Healing and Seeking Truth. The company produces and owns a majority of its content in-house, supplements it with long-term licensing, hosts live events and provides a premium membership within a single reporting segment. Gaia distributes content worldwide directly to consumers via internet-connected devices and multilingual digital channels.
Summary from filing dated 2025-03-10
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues, net | 99 | 89 | 80 | 82 | 80 | |
| Cost of revenues | 13 | 12 | 12 | 11 | 11 | |
| Gross profit | 86 | 77 | 69 | 71 | 69 | |
| Selling and operating | 82 | 75 | 67 | 64 | 61 | |
| Corporate, general and administration | 9 | 8 | 6 | 7 | 6 | |
| Total operating expenses | 91 | 83 | 73 | 71 | 67 | |
| Loss from operations | −5 | −6 | −5 | −265,000 | 2 | |
| Interest and other income, net | 11,000 | 501,000 | −467,000 | −257,000 | −265,000 | |
| Loss before income taxes | −5 | −5 | −6 | −3 | 2 | |
| Income tax expense (benefit) | 192,000 | −34,000 | 60,000 | 202,000 | −2 | |
| Loss from continuing operations | −5 | −5 | — | — | — | |
| Loss from discontinued operations | −103,000 | −216,000 | — | — | — | |
| Net loss | −5 | −5 | — | — | — | |
| Net loss attributable to noncontrolling interests | −894,000 | −165,000 | 207,000 | 296,000 | — | |
| Net loss attributable to common shareholders | −4 | −5 | −6 | −4 | 4 | |
| Continuing operations (attributable to common shareholders) | −0.18 | −0.21 | −0.27 | −0.17 | 0.19 | |
| Discontinued operations | — | −0.01 | — | −0.02 | — | |
| Basic loss per share | −0.18 | −0.22 | −0.27 | −0.19 | 0.19 | |
| Continuing operations (attributable to common shareholders) | −0.18 | −0.21 | −0.27 | −0.17 | 0.19 | |
| Discontinued operations | — | −0.01 | — | −0.02 | — | |
| Diluted loss per share | −0.18 | −0.22 | −0.27 | −0.19 | 0.19 | |
| Basic | 25 | 23 | 22 | 21 | 19 | |
| Diluted | 25 | 23 | 22 | 21 | 20 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-09-30 | FY 2023 2023-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 14 | 6 | 8 | — | — | |
| Accounts receivable | 5 | 6 | 4 | — | — | |
| Other receivables | 0 | 2 | 2 | — | — | |
| Prepaid expenses and other current assets | 4 | 3 | 2 | — | — | |
| Total current assets | 23 | 16 | 16 | — | — | |
| Media library, net | 39 | 39 | 40 | — | — | |
| Operating right-of-use asset, net | 9 | 5 | 6 | — | — | |
| Property and equipment, net | 27 | 27 | 26 | — | — | |
| Technology license, net | 15 | 16 | — | — | — | |
| Investments and other intangible assets, net | 8 | 7 | 3 | — | — | |
| Goodwill | 34 | 32 | 32 | — | — | |
| Total assets | 155 | 141 | 130 | 135 | 134 | |
| Accounts payable | 15 | 12 | 12 | — | — | |
| Accrued and other liabilities | 3 | 3 | 3 | — | — | |
| Long-term debt, current portion | 227,000 | 6 | 155,000 | — | — | |
| Operating lease liability, current portion | 614,000 | 839,000 | 780,000 | — | — | |
| Deferred revenue | 19 | 19 | 16 | — | — | |
| Total current liabilities | 38 | 42 | 31 | — | — | |
| Long-term debt, net of current portion | 5 | 0 | 6 | — | — | |
| Operating lease liability, net of current portion | 9 | 5 | 6 | — | — | |
| Deferred taxes, net | 603,000 | 501,000 | 551,000 | — | — | |
| Total liabilities | 53 | 47 | 43 | — | — | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Additional paid-in capital | 183 | 171 | 171 | — | — | |
| Treasury stock at cost: 146,805 and 64,805 shares as of December 31, 2025 and 2024, respectively | −525,000 | −169,000 | — | — | — | |
| Accumulated deficit | −95 | −90 | −85 | −83 | −83 | |
| Total Gaia, Inc. shareholders' equity | 88 | 81 | 86 | 82 | 83 | |
| Noncontrolling interests | 14 | 13 | 1 | 1 | 1 | |
| Total equity | 102 | 94 | 87 | 83 | 84 | |
| Total liabilities and equity | 155 | 141 | 130 | 135 | 134 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Media library amortization | 10 | 10 | 9 | 8 | — | |
| Depreciation and amortization | 8 | 9 | 8 | 8 | 13 | |
| Non-cash operating lease expense | 876,000 | 834,000 | 1 | 1 | — | |
| Other non-cash items | 1,000 | −1 | — | — | — | |
| Share-based compensation expense | 2 | 1 | — | — | — | |
| Additions to media library | −11 | −9 | −9 | −10 | — | |
| Accounts receivable | 140,000 | −2 | −1 | −259,000 | −682,000 | |
| Other receivables | 2 | −231,000 | −2 | 32,000 | — | |
| Prepaid expenses and other current assets | −644,000 | −461,000 | 525,000 | −681,000 | 8,000 | |
| Accounts payable | 2 | 288,000 | 5 | −2 | — | |
| Accrued and other liabilities | −1 | 136,000 | −3 | −1 | — | |
| Deferred revenue | −1 | 3 | 2 | −723,000 | 774,000 | |
| Net cash provided by operating activities | 6 | 7 | 6 | 2 | 21 | |
| Investment in Orion Architect | −2 | — | — | — | — | |
| Acquisition of UTV L.L.C. | −2 | — | — | — | — | |
| Additions to property and equipment | −6 | −5 | −5 | −8 | — | |
| Purchase of intangible assets | 0 | −10 | −8,000 | — | — | |
| Net cash used in investing activities | −10 | −15 | −5 | −9 | −24 | |
| Proceeds from short-term borrowings | 8 | 20 | 29 | 17 | — | |
| Repayment of short-term debt | −8 | −20 | — | — | — | |
| Proceeds from the issuance of common stock | 7 | 33,000 | 5 | 43,000 | 815,000 | |
| Proceeds from sale of subsidiary common stock, net of transaction costs | 5 | 6 | — | — | — | |
| Extinguishment of debt | −6 | — | — | — | — | |
| Proceeds from mortgage refinance | 6 | — | — | — | — | |
| Net cash provided by (used in) financing activities | 12 | 6 | −4 | 9 | 655,000 | |
| Net change in cash and cash equivalents | 8 | −2 | −4 | 1 | −2 | |
| Cash paid for interest | 371,000 | 586,000 | 481,000 | 301,000 | 1 | |
| Cash paid for income taxes | 77,000 | — | — | 12,000 | 129,000 | |
| Additions to property and equipment in Accounts payable | 672,000 | 109,000 | 165,000 | — | — | |
| Non-cash consideration paid for intangible assets | — | 6 | — | — | — | |
| Remeasurement of operating lease right-of-use assets and lease obligations | 4 | — | — | — | — |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro