10-K Filing

GAIA, INC CIK: 1089872 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0000950170-23-006277`
Period End Date	20221231
Filing Date	20230306
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	gaia-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 42 Cash Flow Statement 62 Stockholders Equity 39

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$11.56M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.73M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.96M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.99M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.66M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.98M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.17M	USD	Point-in-time
Media library, software and equipment, net	`MediaLibrarySoftwareAndEquipmentNet`	$50.56M	USD	Point-in-time
Media library, software and equipment, net	`MediaLibrarySoftwareAndEquipmentNet`	$51.12M	USD	Point-in-time
Right-of-use lease asset, net	`OperatingLeaseRightOfUseAsset`	$7.87M	USD	Point-in-time
Right-of-use lease asset, net	`OperatingLeaseRightOfUseAsset`	$8.80M	USD	Point-in-time
Right-of-use lease asset, net	`OperatingLeaseRightOfUseAsset`	$7.09M	USD	Point-in-time
Real estate, investment and other assets, net	`RealEstateInvestmentAndOtherNoncurrentAssetsNet`	$30.98M	USD	Point-in-time
Real estate, investment and other assets, net	`RealEstateInvestmentAndOtherNoncurrentAssetsNet`	$31.39M	USD	Point-in-time
Goodwill	`Goodwill`	$31.94M	USD	Point-in-time
Goodwill	`Goodwill`	$28.87M	USD	Point-in-time
Total assets	`Assets`	$138.30M	USD	Point-in-time
Total assets	`Assets`	$133.68M	USD	Point-in-time
Accounts payable, accrued and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.36M	USD	Point-in-time
Accounts payable, accrued and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$14.10M	USD	Point-in-time
Short-term debt and lease liability	`DebtCurrent`	$860.00K	USD	Point-in-time
Short-term debt and lease liability	`DebtCurrent`	$894.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$14.12M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$14.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.81M	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$14.96M	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$6.11M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.23M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$6.49M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$309.00K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$499.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$49.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$43.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$164.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$162.32M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-75.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-72.10M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.98M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$77.87M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.69M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.22M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$91.39M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.84M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.23M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$89.35M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$75.28M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$133.68M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$138.30M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$79.57M	USD	Annual
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$82.03M	USD	Annual
Cost of revenues	`CostOfGoodsAndServicesSold`	$10.53M	USD	Annual
Cost of revenues	`CostOfGoodsAndServicesSold`	$10.91M	USD	Annual
Gross profit	`GrossProfit`	$69.05M	USD	Annual
Gross profit	`GrossProfit`	$71.12M	USD	Annual
Selling and operating	`SellingExpense`	$60.58M	USD	Annual
Selling and operating	`SellingExpense`	$64.16M	USD	Annual
Corporate, general and administration	`GeneralAndAdministrativeExpense`	$6.12M	USD	Annual
Corporate, general and administration	`GeneralAndAdministrativeExpense`	$7.18M	USD	Annual
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$360.00K	USD	Annual
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$49.00K	USD	Annual
Total operating expenses	`OperatingExpenses`	$67.06M	USD	Annual
Total operating expenses	`OperatingExpenses`	$71.39M	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-265.00K	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$1.99M	USD	Annual
Interest and other expense, net	`OtherNonoperatingIncomeExpense`	$-265.00K	USD	Annual
Interest and other expense, net	`OtherNonoperatingIncomeExpense`	$-268.00K	USD	Annual
Anticipated SEC settlement	`AnticipatedSecurityExchangeCommissionSettlement`	$2.00M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.72M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.53M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$202.00K	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-2.01M	USD	Annual
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-2.73M	USD	Annual
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$3.73M	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-360.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.73M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-3.10M	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.13	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.19	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	Annual
Basic Earnings (loss) per share	`EarningsPerShareBasic`	$0.19	USD	Annual
Basic Earnings (loss) per share	`EarningsPerShareBasic`	$-0.15	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.13	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.19	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	Annual
Diluted Earnings (loss) per share	`EarningsPerShareDiluted`	$0.19	USD	Annual
Diluted Earnings (loss) per share	`EarningsPerShareDiluted`	$-0.15	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	19.31M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.72M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.72M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.83M	shares	Annual

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$86.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$647.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$643.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.38M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$116.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.73M	USD	Annual
Net income (loss)	`ProfitLoss`	$-3.10M	USD	Annual
Net income (loss)	`ProfitLoss`	$358.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-922.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.08M	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-360.00K	USD	Annual
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.73M	USD	Annual
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$3.73M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$13.14M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$15.94M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$1.82M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$1.71M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$554.00K	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$537.00K	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$533.00K	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$337.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$202.00K	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-2.01M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$227.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$682.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$670.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.73M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.19M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-723.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$774.00K	USD	Annual
Net cash provided by operating activities- continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$20.87M	USD	Annual
Net cash provided by operating activities- continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$11.88M	USD	Annual
Net cash used in operating activities - discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-360.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.87M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.52M	USD	Annual
Acquisitions, net of cash acquired, and purchase of intangible assets	`AcquisitionsNetOfCashAcquiredAndPurchasesOfIntangibleAssets`	$847.00K	USD	Annual
Acquisitions, net of cash acquired, and purchase of intangible assets	`AcquisitionsNetOfCashAcquiredAndPurchasesOfIntangibleAssets`	$6.52M	USD	Annual
Additions to media library, software and equipment and other assets	`PaymentsToAcquireProductiveAssets`	$18.26M	USD	Annual
Additions to media library, software and equipment and other assets	`PaymentsToAcquireProductiveAssets`	$17.34M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.86M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.10M	USD	Annual
Proceeds from borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$9.00M	USD	Annual
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$815.00K	USD	Annual
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$43.00K	USD	Annual
Repayments of debt	`RepaymentsOfSecuredDebt`	$160.00K	USD	Annual
Repayments of debt	`RepaymentsOfSecuredDebt`	$166.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$655.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.88M	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.34M	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.29M	USD	Annual
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.27M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.56M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.61M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.27M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.56M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.61M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$1.14M	USD	Annual
Interest paid	`InterestPaidNet`	$301.00K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$129.00K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$12.00K	USD	Annual
Value of shares issued for acquisition and business combination	`StockIssued1`	$9.72M	USD	Annual

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.98M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$77.87M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.69M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.22M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$91.39M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.84M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.23M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$89.35M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$75.28M	USD	Point-in-time
Issuance of Gaia, Inc. common stock for RSU releases, stock option exercises and share-based compensation	`StockIssuedDuringPeriodValueRSUReleasedEmployeeStockPurchasePlanStockOptionsExercisedAndSharesBasedCompensation`	$433.00K	USD	1 Quarter
Issuance of Gaia, Inc. common stock for RSU releases, stock option exercises and share-based compensation	`StockIssuedDuringPeriodValueRSUReleasedEmployeeStockPurchasePlanStockOptionsExercisedAndSharesBasedCompensation`	$771.00K	USD	1 Quarter
Issuance of Gaia, Inc. common stock for RSU releases, stock option exercises and share-based compensation	`StockIssuedDuringPeriodValueRSUReleasedEmployeeStockPurchasePlanStockOptionsExercisedAndSharesBasedCompensation`	$540.00K	USD	1 Quarter
Issuance of Gaia, Inc. common stock for RSU releases, stock option exercises and share-based compensation	`StockIssuedDuringPeriodValueRSUReleasedEmployeeStockPurchasePlanStockOptionsExercisedAndSharesBasedCompensation`	$684.00K	USD	1 Quarter
Issuance of Gaia, Inc. common stock for business combination	`StockIssuedDuringPeriodValueAcquisitions`	$9.72M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$1.82M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$1.71M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$554.00K	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$537.00K	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$533.00K	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$337.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$86.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$647.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$643.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.38M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$116.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.73M	USD	Annual
Net income (loss)	`ProfitLoss`	$-3.10M	USD	Annual
Net income (loss)	`ProfitLoss`	$358.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-922.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.08M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.98M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$77.87M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.69M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.22M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$91.39M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.84M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.23M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$89.35M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$75.28M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.