NASDAQ : GAIA
Gaia, Inc. — Financial statements
Communication Services · Entertainment · United States
Last price 1.45 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 36.87M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Gaia, Inc. (GAIA) reported revenue of 95.17M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 95.17M | 98.95M | 89.30M | 80.42M | 82.03M | 79.57M |
| Cost of Revenue | 13.26M | 12.79M | 12.43M | 11.63M | 10.91M | 10.53M |
| Gross Profit | 81.92M | 86.16M | 76.86M | 68.79M | 71.12M | 69.05M |
| Selling, General & Admin | 90.16M | 91.26M | 82.58M | 73.36M | 71.34M | 66.70M |
| Operating Expenses | 90.16M | 91.26M | 82.58M | 73.36M | 71.34M | 66.70M |
| Operating Income | -8.25M | -5.10M | -5.72M | -4.57M | -216.00K | 2.35M |
| Interest Expense | -467.00K | -257.00K | -265.00K | |||
| Interest & Investment Income | 11.00K | 11.00K | 501.00K | |||
| Earnings From Equity Investments | -501.00K | -511.00K | ||||
| EBT Excluding Unusual Items | -8.39M | -5.09M | -5.22M | -5.54M | -984.00K | 2.08M |
| Merger & Restructuring Charges | -49.00K | -360.00K | ||||
| Legal Settlements | -2.00M | |||||
| Pretax Income | -8.39M | -5.09M | -5.22M | -5.54M | -3.03M | 1.72M |
| Income Tax Expense | 191.00K | 192.00K | -34.00K | 60.00K | 202.00K | -2.01M |
| Earnings From Continuing Operations | -8.58M | -5.29M | -5.18M | -5.59M | -3.23M | 3.73M |
| Earnings From Discontinued Operations | -44.00K | -103.00K | -216.00K | -360.00K | ||
| Net Income to Company | -8.63M | -5.39M | -5.40M | -5.59M | -3.60M | 3.73M |
| Minority Interest in Earnings | 799.00K | 894.00K | 165.00K | -207.00K | -296.00K | |
| Net Income | -7.83M | -4.49M | -5.23M | -5.80M | -3.89M | 3.73M |
| Net Income to Common | -7.83M | -4.49M | -5.23M | -5.80M | -3.89M | 3.73M |
| Shares Outstanding (Basic) | 25.01M | 24.85M | 23.34M | 21.50M | 20.72M | 19.31M |
| Shares Outstanding (Diluted) | 25.01M | 24.85M | 23.34M | 21.50M | 20.72M | 19.83M |
| EPS (Basic) | -0.31 | -0.18 | -0.22 | -0.27 | -0.19 | 0.19 |
| EPS (Diluted) | -0.31 | -0.18 | -0.22 | -0.27 | -0.19 | 0.19 |
| Free Cash Flow | -14.00M | -377.00K | 1.94M | 596.00K | -6.74M | 3.53M |
| Free Cash Flow Per Share | -0.56 | -0.01 | 0.08 | 0.03 | -0.33 | 0.18 |
| Gross Margin | 86.07% | 87.07% | 86.08% | 85.54% | 86.69% | 86.77% |
| Operating Margin | -8.67% | -5.16% | -6.40% | -5.68% | -0.26% | 2.95% |
| Profit Margin | -8.22% | -4.54% | -5.86% | -7.21% | -4.74% | 4.69% |
| Free Cash Flow Margin | -14.71% | -0.38% | 2.17% | 0.74% | -8.21% | 4.43% |
| EBITDA | -539.00K | 2.95M | 2.86M | 3.27M | 7.41M | 8.99M |
| EBITDA Margin | -0.57% | 2.98% | 3.21% | 4.06% | 9.03% | 11.30% |
| D&A For EBITDA | 7.71M | 8.05M | 8.58M | 7.83M | 7.62M | 6.64M |
| EBIT | -8.25M | -5.10M | -5.72M | -4.57M | -216.00K | 2.35M |
| EBIT Margin | -8.67% | -5.16% | -6.40% | -5.68% | -0.26% | 2.95% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.10M | 13.54M | 5.86M | 7.77M | 11.56M | 10.27M |
| Cash & Short-Term Investments | 7.10M | 13.54M | 5.86M | 7.77M | 11.56M | 10.27M |
| Accounts Receivable | 6.36M | 5.44M | 5.56M | 4.11M | 2.96M | 2.73M |
| Other Receivables | 1.81M | 2.19M | 148.00K | |||
| Receivables | 6.36M | 5.44M | 7.37M | 6.30M | 3.10M | 2.73M |
| Prepaid Expenses | 4.08M | 3.53M | 2.51M | 2.02M | 2.51M | 1.99M |
| Total Current Assets | 17.54M | 22.50M | 15.74M | 16.08M | 17.17M | 14.98M |
| Property, Plant & Equipment | 37.06M | 35.80M | 32.34M | 32.59M | 32.30M | 73.34M |
| Long-Term Investments | 8.33M | 7.54M | 5.54M | 6.37M | 6.88M | 10.00M |
| Goodwill | 33.98M | 33.98M | 31.94M | 31.94M | 31.94M | 28.87M |
| Other Intangible Assets | 53.30M | 54.82M | 55.66M | 41.81M | 42.33M | 2.82M |
| Other Long-Term Assets | 1.47M | 4.56M | 3.66M | |||
| Total Assets | 150.22M | 154.65M | 141.22M | 130.27M | 135.18M | 133.68M |
| Accounts Payable | 11.47M | 15.22M | 12.44M | 12.04M | 7.38M | 9.08M |
| Accrued Expenses | 4.32M | 3.40M | 3.49M | 2.04M | 2.97M | 3.44M |
| Short-Term Debt | 149.00K | 860.00K | ||||
| Current Portion of Long-Term Debt | 227.00K | 227.00K | 5.80M | 155.00K | ||
| Current Portion of Leases | 660.00K | 614.00K | 839.00K | 780.00K | 745.00K | 718.00K |
| Current Unearned Revenue | 17.38M | 18.50M | 19.27M | 15.86M | 14.12M | 14.85M |
| Other Current Liabilities | 560.00K | 2.00M | 866.00K | |||
| Total Current Liabilities | 34.06M | 37.96M | 41.83M | 31.43M | 27.37M | 29.81M |
| Long-Term Debt | 12.28M | 5.45M | 5.80M | 14.96M | 6.11M | |
| Long-Term Leases | 8.00M | 8.50M | 4.87M | 5.71M | 6.49M | 7.23M |
| Long-Term Deferred Tax Liabilities | 647.00K | 603.00K | 501.00K | 551.00K | 499.00K | 309.00K |
| Total Liabilities | 55.00M | 52.52M | 47.20M | 43.49M | 49.32M | 43.46M |
| Common Stock | 3.00K | 3.00K | 3.00K | 3.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 184.90M | 183.39M | 171.27M | 170.69M | 164.18M | 162.32M |
| Retained Earnings | -102.22M | -94.92M | -90.43M | -85.19M | -79.39M | -72.10M |
| Treasury Stock | -525.00K | -525.00K | -169.00K | |||
| Total Common Equity | 82.15M | 87.95M | 80.67M | 85.50M | 84.79M | 90.22M |
| Minority Interest | 13.07M | 14.18M | 13.34M | 1.28M | 1.07M | |
| Shareholders' Equity | 95.22M | 102.13M | 94.01M | 86.78M | 85.86M | 90.22M |
| Total Liabilities & Equity | 150.22M | 154.65M | 141.22M | 130.27M | 135.18M | 133.68M |
| Total Debt | 21.17M | 14.79M | 11.51M | 12.44M | 22.34M | 14.92M |
| Net Cash (Debt) | -14.07M | -1.25M | -5.65M | -4.68M | -10.78M | -4.65M |
| Net Cash Per Share | -0.56 | -0.05 | -0.24 | -0.22 | -0.52 | -0.23 |
| Filing Date Shares Outstanding | 25.43M | 24.98M | 23.40M | 23.16M | 20.83M | 20.45M |
| Total Common Shares Outstanding | 25.43M | 24.96M | 23.40M | 23.15M | 20.81M | 20.46M |
| Working Capital | -16.52M | -15.46M | -26.09M | -15.35M | -10.20M | -14.83M |
| Book Value Per Share | 3.23 | 3.52 | 3.45 | 3.69 | 4.08 | 4.41 |
| Tangible Book Value | -5.13M | -857.00K | -6.92M | 11.75M | 10.52M | 58.52M |
| Tangible Book Value Per Share | -0.20 | -0.03 | -0.30 | 0.51 | 0.51 | 2.86 |
| Land | 2.80M | 2.60M | 2.60M | 2.60M | ||
| Buildings | 19.82M | 20.16M | 20.15M | 20.01M | 2.16M | |
| Machinery | 8.64M | 8.21M | 6.15M | 1.99M | 2.06M | |
| Construction In Progress | 2.89M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -7.83M | -4.49M | -5.23M | -5.80M | -3.89M | 3.73M |
| Depreciation & Amortization | 7.71M | 8.05M | 8.58M | 7.83M | 7.62M | 6.64M |
| Other Amortization | 10.79M | 10.42M | 10.04M | 9.21M | 8.32M | 6.50M |
| Loss (Gain) on Equity Investments | -7.00K | 501.00K | 511.00K | |||
| Stock-Based Compensation | 1.56M | 1.67M | 1.28M | 1.06M | 1.82M | 1.71M |
| Other Operating Activities | -10.58M | -10.93M | -9.35M | -7.29M | -7.91M | -2.01M |
| Change in Accounts Receivable | -741.00K | 140.00K | -1.54M | -1.16M | -259.00K | -682.00K |
| Change in Accounts Payable | -2.68M | 2.12M | 288.00K | 4.66M | -1.70M | 4.19M |
| Change in Unearned Revenue | -1.91M | -1.06M | 3.41M | 1.74M | -723.00K | 774.00K |
| Change in Other Net Operating Assets | -2.49M | -230.00K | -556.00K | -4.88M | -1.75M | 8.00K |
| Operating Cash Flow | -6.18M | 5.67M | 6.92M | 5.87M | 1.68M | 20.87M |
| Capital Expenditures | -7.82M | -6.05M | -4.98M | -5.27M | -8.42M | -17.34M |
| Cash Acquisitions | -2.00M | -2.00M | -847.00K | -6.52M | ||
| Sale (Purchase) of Intangibles | -10.02M | -8.00K | ||||
| Investment in Securities | -2.00M | |||||
| Other Investing Activities | -500.00K | |||||
| Investing Cash Flow | -10.31M | -10.05M | -15.00M | -5.28M | -9.26M | -23.86M |
| Short-Term Debt Issued | 7.98M | 19.50M | 28.90M | 16.50M | ||
| Long-Term Debt Issued | 5.68M | |||||
| Total Debt Issued | 25.66M | 13.66M | 19.50M | 28.90M | 16.50M | |
| Short-Term Debt Repaid | -8.00M | -19.68M | -38.07M | |||
| Long-Term Debt Repaid | -7.67M | -160.00K | ||||
| Total Debt Repaid | -13.03M | -8.00M | -19.68M | -38.07M | -7.67M | -160.00K |
| Net Debt Issued (Repaid) | 12.63M | 5.66M | -179.00K | -9.17M | 8.83M | -160.00K |
| Issuance of Common Stock | 7.03M | 7.03M | 33.00K | 4.96M | 43.00K | 815.00K |
| Repurchase of Common Stock | -182.00K | -169.00K | ||||
| Other Financing Activities | -10.04M | -633.00K | 6.32M | |||
| Financing Cash Flow | 9.44M | 12.05M | 6.17M | -4.38M | 8.88M | 655.00K |
| Net Cash Flow | -7.06M | 7.68M | -1.91M | -3.80M | 1.29M | -2.34M |
| Free Cash Flow | -14.00M | -377.00K | 1.94M | 596.00K | -6.74M | 3.53M |
| Free Cash Flow Margin | -14.71% | -0.38% | 2.17% | 0.74% | -8.21% | 4.43% |
| Free Cash Flow Per Share | -0.56 | -0.01 | 0.08 | 0.03 | -0.33 | 0.18 |
| Levered Free Cash Flow | 985.38K | 13.74M | 4.46M | 10.98M | 6.40M | 5.61M |
| Unlevered Free Cash Flow | 985.38K | 13.74M | 4.46M | 11.28M | 6.56M | 5.77M |
| Cash Interest Paid | 371.00K | 371.00K | 586.00K | 481.00K | 301.00K | 1.14M |
| Cash Income Tax Paid | 77.00K | 77.00K | 12.00K | 129.00K | ||
| Change in Working Capital | -7.82M | 964.00K | 1.60M | 356.00K | -4.43M | 4.29M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 36.87M | 90.91M | 105.07M | 62.68M | 49.52M | 165.56M |
| Enterprise Value | 45.98M | 102.78M | 125.76M | 73.89M | 59.74M | 165.40M |
| Last Close Price | 1.45 | 3.63 | 4.49 | 2.70 | 2.38 | 8.57 |
| PE Ratio | 44.37 | |||||
| Forward PE | 36.29 | 36.29 | 36.29 | 158.67 | 46.32 | |
| PS Ratio | 0.37 | 0.92 | 1.18 | 0.78 | 0.60 | 2.08 |
| PB Ratio | 0.44 | 0.89 | 1.12 | 0.72 | 0.58 | 1.83 |
| P/TBV Ratio | 5.33 | 4.71 | 2.83 | |||
| P/FCF Ratio | 54.13 | 105.16 | 46.94 | |||
| P/OCF Ratio | 16.02 | 15.18 | 10.68 | 29.48 | 7.93 | |
| PEG Ratio | 219.00 | 3.44 | 3.44 | 3.44 | 3.44 | |
| EV/Sales Ratio | 0.47 | 1.04 | 1.41 | 0.92 | 0.73 | 2.08 |
| EV/EBITDA Ratio | 41.23 | 34.84 | 43.93 | 22.62 | 8.07 | 18.40 |
| EV/EBIT Ratio | 70.53 | |||||
| EV/FCF Ratio | 64.79 | 123.97 | 46.90 | |||
| Debt / Equity Ratio | 0.22 | 0.14 | 0.12 | 0.14 | 0.26 | 0.17 |
| Debt / EBITDA Ratio | 13.57 | 3.65 | 2.90 | 2.85 | 2.63 | 1.60 |
| Debt / FCF Ratio | 5.93 | 20.88 | 4.23 | |||
| Net Debt / Equity Ratio | 0.15 | 0.01 | 0.06 | 0.05 | 0.13 | 0.05 |
| Net Debt / EBITDA Ratio | -26.10 | 0.42 | 1.97 | 1.43 | 1.46 | 0.52 |
| Net Debt / FCF Ratio | -1.00 | -3.33 | 2.91 | 7.85 | -1.60 | 1.32 |
| Asset Turnover | 0.63 | 0.67 | 0.66 | 0.61 | 0.61 | 0.65 |
| Quick Ratio | 0.40 | 0.50 | 0.32 | 0.45 | 0.54 | 0.44 |
| Current Ratio | 0.52 | 0.59 | 0.38 | 0.51 | 0.63 | 0.50 |
| Return on Equity (ROE) | -8.72% | -5.39% | -5.73% | -6.48% | -3.67% | 4.54% |
| Return on Assets (ROA) | -3.42% | -2.16% | -2.63% | -2.15% | -0.10% | 1.20% |
| Return on Invested Capital (ROIC) | -7.62% | -5.03% | -5.98% | -4.86% | -0.23% | 2.73% |
| Return on Capital Employed (ROCE) | -7.10% | -4.40% | -5.80% | -4.60% | -0.20% | 2.30% |
| Earnings Yield | -16.86% | -4.94% | -4.98% | -9.26% | -7.86% | 2.25% |
| FCF Yield | -26.08% | -0.41% | 1.85% | 0.95% | -13.61% | 2.13% |
| Buyback Yield / Dilution | -3.97% | -6.50% | -8.53% | -3.79% | -4.45% | -2.74% |