GAIA GAIA, INC

Overview and Growth

In fiscal 2025, GAIA, INC recorded $98.95M of revenue, net loss of $4.49M, and an operating cash inflow of $5.67M. At $98.95M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 10.8% from $89.30M in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of -$0.18, adding a shareholder-level measure to the absolute income figures considered below. Total assets stood at $154.65M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Revenue equaled 0.64x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $86.16M as gross profit before recognizing operating expenses and other items. Gross margin was 87.1%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced a $5.10M operating loss before non-operating and tax effects. Relative to revenue, the operating deficit measured 5.2%, showing the shortfall after operating costs. The company ended the period with a net loss of $4.49M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 4.5% after all recognized items. Before income taxes, the company recorded a loss of $5.09M, bridging the operating result to the final net loss. Measured against revenue, the pretax deficit represented 5.1%. Income tax expense totaled $192.00K, providing the reported tax component that separates pretax and after-tax earnings. The net loss equaled 4.4% of period-end equity, showing the deficit relative to book capital. The loss-to-assets relationship was 2.9%, placing the bottom-line deficit against the company’s resource base.

Liquidity and Capital Structure

The company held $154.65M of assets against $52.52M of liabilities and $102.13M of equity, revealing how the asset base was financed. At period end, current assets of $22.50M compared with current liabilities of $37.96M, defining the company’s short-term resource position. At 0.59x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $13.54M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 35.7%, excluding receivables and other current assets. Borrowings totaled $5.68M, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 0.06x of book equity, describing the relative scale of borrowing and shareholder capital. Debt represented 3.7% of total assets, placing borrowing in the context of the company’s full resource base. Relative to total assets, liabilities measured 34.0%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 8.8% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 9.5% from $141.22M in fiscal 2024, leaving current total assets higher year over year. Book equity was 8.6% higher than fiscal 2024 equity of $94.01M, showing how shareholder capital changed year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $5.67M, a reported cash inflow that can be compared directly with net income and capital spending. Capital expenditures used $6.05M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 106.6% of operating cash flow, leaving the remainder available as free cash flow. Operating cash flow and capital spending combined to leave a $377.00K cash deficit after capital spending. Free-cash-flow margin was -0.4%, reflecting a cash deficit equal to 0.4% of revenue after capital spending. Relative to total assets, the post-investment cash deficit measured 0.2%.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.