10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-21-022846 |
| Period End Date | 20210331 |
| Filing Date | 20210503 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | gaia-10q_20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$12.61M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$13.04M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$2.53M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$2.02M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.46M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.75M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$16.38M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$17.04M | USD | Point-in-time |
| Media library, software and equipment, net |
MediaLibrarySoftwareAndEquipmentNet
|
$40.29M | USD | Point-in-time |
| Media library, software and equipment, net |
MediaLibrarySoftwareAndEquipmentNet
|
$39.23M | USD | Point-in-time |
| Right-of-use lease asset, net |
OperatingLeaseRightOfUseAsset
|
$8.62M | USD | Point-in-time |
| Right-of-use lease asset, net |
OperatingLeaseRightOfUseAsset
|
$8.44M | USD | Point-in-time |
| Real estate, investment and other assets |
RealEstateInvestmentAndOtherNoncurrentAssets
|
$28.50M | USD | Point-in-time |
| Real estate, investment and other assets |
RealEstateInvestmentAndOtherNoncurrentAssets
|
$29.11M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$17.29M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$17.29M | USD | Point-in-time |
| Total assets |
Assets
|
$110.02M | USD | Point-in-time |
| Total assets |
Assets
|
$112.17M | USD | Point-in-time |
| Accounts payable, accrued and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$8.23M | USD | Point-in-time |
| Accounts payable, accrued and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$8.95M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$14.41M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$12.38M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$21.32M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$22.64M | USD | Point-in-time |
| Long-term mortgage, net |
LongTermDebt
|
$6.25M | USD | Point-in-time |
| Long-term mortgage, net |
LongTermDebt
|
$6.22M | USD | Point-in-time |
| Long-term lease liability |
OperatingLeaseLiabilityNoncurrent
|
$7.95M | USD | Point-in-time |
| Long-term lease liability |
OperatingLeaseLiabilityNoncurrent
|
$7.78M | USD | Point-in-time |
| Deferred taxes |
DeferredIncomeTaxLiabilitiesNet
|
$257.00K | USD | Point-in-time |
| Deferred taxes |
DeferredIncomeTaxLiabilitiesNet
|
$257.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$35.78M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$36.89M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$150.75M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$150.07M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-75.83M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-75.48M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$65.92M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$74.23M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$75.28M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$68.91M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$110.02M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$112.17M | USD | Point-in-time |
Income Statement
29 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues, net |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$18.90M | USD | 1 Quarter |
| Revenues, net |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$14.51M | USD | 1 Quarter |
| Cost of revenues |
CostOfGoodsAndServicesSold
|
$1.90M | USD | 1 Quarter |
| Cost of revenues |
CostOfGoodsAndServicesSold
|
$2.44M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$16.46M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$12.61M | USD | 1 Quarter |
| Selling and operating |
SellingExpense
|
$14.54M | USD | 1 Quarter |
| Selling and operating |
SellingExpense
|
$14.46M | USD | 1 Quarter |
| Corporate, general and administration |
GeneralAndAdministrativeExpense
|
$1.50M | USD | 1 Quarter |
| Corporate, general and administration |
GeneralAndAdministrativeExpense
|
$1.42M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$16.03M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$15.88M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-3.27M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$424.00K | USD | 1 Quarter |
| Interest and other expense, net |
OtherNonoperatingIncomeExpense
|
$-246.00K | USD | 1 Quarter |
| Interest and other expense, net |
OtherNonoperatingIncomeExpense
|
$-66.00K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$358.00K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-3.51M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$69.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$358.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-3.58M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.02 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$-0.19 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.02 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$-0.19 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
18.48M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
19.20M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
19.72M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
18.48M | shares | 1 Quarter |
Cash Flow Statement
35 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-3.58M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$358.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.97M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.10M | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$613.00K | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$465.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-366.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$505.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-134.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-282.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.00M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-698.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$2.04M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$2.65M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.01M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.19M | USD | 1 Quarter |
| Additions to media library, property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.77M | USD | 1 Quarter |
| Additions to media library, property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.60M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.60M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.77M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfSecuredDebt
|
$45.00K | USD | 1 Quarter |
| Proceeds from the issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$120.00K | USD | 1 Quarter |
| Proceeds from the issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$71.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$26.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$120.00K | USD | 1 Quarter |
| Net change in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.48M | USD | 1 Quarter |
| Net change in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$440.00K | USD | 1 Quarter |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$12.61M | USD | Point-in-time |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$13.04M | USD | Point-in-time |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$10.02M | USD | Point-in-time |
| Cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$11.49M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$12.61M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$13.04M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$10.02M | USD | Point-in-time |
| Cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$11.49M | USD | Point-in-time |
Stockholders Equity
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$65.92M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$74.23M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$75.28M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$68.91M | USD | Point-in-time |
| Issuance of Gaia, Inc. common stock for RSU releases, employee stock purchase plan, stock option exercises and share-based compensation |
StockIssuedDuringPeriodValueRSUReleasedEmployeeStockPurchasePlanStockOptionsExercisedAndSharesBasedCompensation
|
$684.00K | USD | 1 Quarter |
| Issuance of Gaia, Inc. common stock for RSU releases, employee stock purchase plan, stock option exercises and share-based compensation |
StockIssuedDuringPeriodValueRSUReleasedEmployeeStockPurchasePlanStockOptionsExercisedAndSharesBasedCompensation
|
$585.00K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-3.58M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$358.00K | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$65.92M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$74.23M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$75.28M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$68.91M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.