10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-23-016282 |
| Period End Date | 20230331 |
| Filing Date | 20230501 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | gaia-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$10.85M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$11.56M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$3.50M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$2.96M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.66M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.38M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$16.73M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$17.17M | USD | Point-in-time |
| Media library, software and equipment, net |
MediaLibrarySoftwareAndEquipmentNet
|
$51.12M | USD | Point-in-time |
| Media library, software and equipment, net |
MediaLibrarySoftwareAndEquipmentNet
|
$51.26M | USD | Point-in-time |
| Right-of-use lease asset, net |
OperatingLeaseRightOfUseAsset
|
$7.09M | USD | Point-in-time |
| Right-of-use lease asset, net |
OperatingLeaseRightOfUseAsset
|
$6.89M | USD | Point-in-time |
| Right-of-use lease asset, net |
OperatingLeaseRightOfUseAsset
|
$8.80M | 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
|
$30.81M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$31.94M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$31.94M | USD | Point-in-time |
| Total assets |
Assets
|
$138.30M | USD | Point-in-time |
| Total assets |
Assets
|
$137.63M | USD | Point-in-time |
| Accounts payable, accrued and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$11.51M | USD | Point-in-time |
| Accounts payable, accrued and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$12.36M | USD | Point-in-time |
| Short-term debt and lease liability |
DebtCurrent
|
$894.00K | USD | Point-in-time |
| Short-term debt and lease liability |
DebtCurrent
|
$901.00K | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$14.12M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$15.55M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$27.97M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$27.37M | USD | Point-in-time |
| Long-term debt, net |
LongTermDebt
|
$14.96M | USD | Point-in-time |
| Long-term debt, net |
LongTermDebt
|
$14.92M | USD | Point-in-time |
| Long-term lease liability |
OperatingLeaseLiabilityNoncurrent
|
$6.30M | USD | Point-in-time |
| Long-term lease liability |
OperatingLeaseLiabilityNoncurrent
|
$6.49M | USD | Point-in-time |
| Deferred taxes |
DeferredIncomeTaxLiabilitiesNet
|
$499.00K | USD | Point-in-time |
| Deferred taxes |
DeferredIncomeTaxLiabilitiesNet
|
$499.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$49.69M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$49.32M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$164.28M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$164.18M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-75.20M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-76.34M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$90.22M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$90.84M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$88.98M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$87.94M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$137.63M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$138.30M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues, net |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$19.65M | USD | 1 Quarter |
| Revenues, net |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$21.83M | USD | 1 Quarter |
| Cost of revenues |
CostOfGoodsAndServicesSold
|
$2.90M | USD | 1 Quarter |
| Cost of revenues |
CostOfGoodsAndServicesSold
|
$2.77M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$16.87M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$18.93M | USD | 1 Quarter |
| Selling and operating |
SellingExpense
|
$16.12M | USD | 1 Quarter |
| Selling and operating |
SellingExpense
|
$16.79M | USD | 1 Quarter |
| Corporate, general and administration |
GeneralAndAdministrativeExpense
|
$1.77M | USD | 1 Quarter |
| Corporate, general and administration |
GeneralAndAdministrativeExpense
|
$1.78M | USD | 1 Quarter |
| Acquisition costs |
BusinessCombinationAcquisitionRelatedCosts
|
$49.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$17.90M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$18.62M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$307.00K | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-1.02M | USD | 1 Quarter |
| Interest and other expense, net |
OtherNonoperatingIncomeExpense
|
$-60.00K | USD | 1 Quarter |
| Interest and other expense, net |
OtherNonoperatingIncomeExpense
|
$-121.00K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$247.00K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.14M | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperations
|
$-1.14M | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperations
|
$247.00K | USD | 1 Quarter |
| Income (loss) from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$-161.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$86.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.14M | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.01 | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.05 | USD | 1 Quarter |
| Discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.01 | USD | 1 Quarter |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$-0.05 | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$-0.05 | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.01 | USD | 1 Quarter |
| Discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.01 | USD | 1 Quarter |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$-0.05 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.46M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.83M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.82M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.83M | shares | 1 Quarter |
Cash Flow Statement
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-1.14M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$86.00K | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-161.00K | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$247.00K | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-1.14M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$4.16M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.91M | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$540.00K | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$82.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$172.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$544.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-74.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-18.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.44M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-863.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$1.43M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$1.01M | USD | 1 Quarter |
| Net cash provided by operating activities - continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$3.14M | USD | 1 Quarter |
| Net cash provided by operating activities - continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$4.16M | USD | 1 Quarter |
| Net cash used in operating activities - discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-161.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.14M | USD | 1 Quarter |
| Additions to media library, software and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.98M | USD | 1 Quarter |
| Additions to media library, software and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.87M | USD | 1 Quarter |
| Acquisitions, net of cash acquired, and purchase of intangible assets |
PaymentsToAcquireBusinessesNetOfCashAcquiredAndPurchaseOfIntangibleAssets
|
$847.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.83M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.87M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfSecuredDebt
|
$7.50M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfSecuredDebt
|
$46.00K | USD | 1 Quarter |
| Proceeds from short term borrowings |
ProceedsFromShortTermDebt
|
$7.50M | USD | 1 Quarter |
| Proceeds from the issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$22.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-46.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$18.00K | USD | 1 Quarter |
| Net change in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.87M | USD | 1 Quarter |
| Net change in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-714.00K | USD | 1 Quarter |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$10.27M | USD | Point-in-time |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$11.56M | USD | Point-in-time |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$10.85M | USD | Point-in-time |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$8.40M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$10.27M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$11.56M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$10.85M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$8.40M | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$125.00K | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$65.00K | USD | 1 Quarter |
Stockholders Equity
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$90.22M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$90.84M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$88.98M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$87.94M | USD | Point-in-time |
| Issuance of Gaia, Inc. common stock for RSU releases and share-based compensation |
StockIssuedDuringPeriodValueRestrictedStockUnitReleasedAndShareBasedCompensation
|
$540.00K | USD | 1 Quarter |
| Issuance of Gaia, Inc. common stock for RSU releases and share-based compensation |
StockIssuedDuringPeriodValueRestrictedStockUnitReleasedAndShareBasedCompensation
|
$104.00K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-1.14M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$86.00K | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$90.22M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$90.84M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$88.98M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$87.94M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.