10-Q Filing

GAIA, INC CIK: 1089872 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-019482`
Period End Date	20180630
Filing Date	20180806
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	gaia-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 50 Cash Flow Statement 35

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$32.78M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$41.16M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.32M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.05M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.08M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.98M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$36.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$45.46M	USD	Point-in-time
Building and land, net	`BuildingAndLandNet`	$19.63M	USD	Point-in-time
Building and land, net	`BuildingAndLandNet`	$17.03M	USD	Point-in-time
Media library, software and equipment, net	`MediaLibrarySoftwareAndEquipmentNet`	$24.03M	USD	Point-in-time
Media library, software and equipment, net	`MediaLibrarySoftwareAndEquipmentNet`	$20.39M	USD	Point-in-time
Goodwill	`Goodwill`	$10.61M	USD	Point-in-time
Goodwill	`Goodwill`	$10.61M	USD	Point-in-time
Investments and other assets	`InvestmentsAndOtherNoncurrentAssets`	$12.74M	USD	Point-in-time
Investments and other assets	`InvestmentsAndOtherNoncurrentAssets`	$12.04M	USD	Point-in-time
Total assets	`Assets`	$112.47M	USD	Point-in-time
Total assets	`Assets`	$96.98M	USD	Point-in-time
Accounts payable, accrued and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$5.96M	USD	Point-in-time
Accounts payable, accrued and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$16.85M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$4.42M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.16M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$164.00K	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$663.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$138.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$100.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-36.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.41M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$101.93M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.15M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$96.98M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$112.47M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.34M	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.07M	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.56M	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.46M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$2.65M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$1.38M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$1.73M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$911.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$17.43M	USD	2 Qtrs
Gross profit	`GrossProfit`	$10.61M	USD	2 Qtrs
Gross profit	`GrossProfit`	$5.65M	USD	1 Quarter
Gross profit	`GrossProfit`	$9.08M	USD	1 Quarter
Selling and operating	`SellingExpense`	$14.25M	USD	1 Quarter
Selling and operating	`SellingExpense`	$10.56M	USD	1 Quarter
Selling and operating	`SellingExpense`	$29.06M	USD	2 Qtrs
Selling and operating	`SellingExpense`	$21.03M	USD	2 Qtrs
Corporate, general and administration	`GeneralAndAdministrativeExpense`	$2.75M	USD	2 Qtrs
Corporate, general and administration	`GeneralAndAdministrativeExpense`	$1.44M	USD	1 Quarter
Corporate, general and administration	`GeneralAndAdministrativeExpense`	$2.79M	USD	2 Qtrs
Corporate, general and administration	`GeneralAndAdministrativeExpense`	$1.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$23.82M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$31.81M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$15.59M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.21M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-6.35M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.51M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-14.39M	USD	2 Qtrs
Interest and other income, net	`OtherNonoperatingIncome`	$177.00K	USD	2 Qtrs
Interest and other income, net	`OtherNonoperatingIncome`	$44.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncome`	$88.00K	USD	2 Qtrs
Interest and other income, net	`OtherNonoperatingIncome`	$160.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.12M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.31M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.35M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.21M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-629.00K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.83M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-12.38M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-12.49M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.31M	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.82	USD	2 Qtrs
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.35	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.74	USD	2 Qtrs
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.42	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.63M	shares	2 Qtrs
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.16M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.89M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.15M	shares	2 Qtrs

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-12.38M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-12.49M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.17M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.22M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$848.00K	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$991.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$234.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$267.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$603.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$110.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.54M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.11M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$744.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.11M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.61M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.83M	USD	2 Qtrs
Additions to media library, property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.43M	USD	2 Qtrs
Additions to media library, property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.58M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.58M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.43M	USD	2 Qtrs
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$12.50M	USD	2 Qtrs
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$30.00K	USD	2 Qtrs
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$37.14M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$30.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.64M	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$8.38M	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.17M	USD	2 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.16M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.86M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$54.03M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.78M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.16M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.86M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$54.03M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.78M	USD	Point-in-time

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