GAIA, INC. Files Q3 2024 10-Q with Financial Updates

TL;DR

GAIA's Q3 10-Q is in: financials updated, check retained earnings & capital for 2024.

AI Summary

GAIA, INC. filed its 10-Q for the period ending September 30, 2024. The company reported financial results for the third quarter and the first nine months of the year. Key financial data points such as retained earnings, additional paid-in capital, and noncontrolling interest were disclosed for various periods, including Q3 2024 and year-to-date 2024.

Why It Matters

This filing provides investors with the latest financial performance and position of GAIA, INC., crucial for understanding the company's health and future prospects.

Risk Assessment

Risk Level: medium — The filing contains standard financial disclosures, but the inherent risks of the entertainment and media industry, coupled with specific company performance, warrant a medium risk assessment.

Key Numbers

• 2024-09-30 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
• 2024-11-04 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
• Q3 2024 — Quarterly Period (Specifies the third quarter of the fiscal year 2024 for which results are presented.)

Key Players & Entities

• GAIA, INC. (company) — Filer of the 10-Q report
• 20240930 (date) — End of the reporting period
• 20241104 (date) — Filing date of the report
• 833 WEST BOULDER ROAD (location) — Company's business and mailing address
• LOUISVILLE, CO 80027-2452 (location) — Company's business and mailing address

FAQ

Key Financial Figures

• $0.0001 — ctober 31, 2024 Class A Common Stock ($0.0001 par value) 18,066,942 Class B Commo

Filing Documents

• gaia-20240930.htm (10-Q) — 1143KB
• gaia-ex31_1.htm (EX-31.1) — 13KB
• gaia-ex31_2.htm (EX-31.2) — 13KB
• gaia-ex32_1.htm (EX-32.1) — 6KB
• gaia-ex32_2.htm (EX-32.2) — 6KB
• 0000950170-24-120784.txt ( ) — 4628KB
• gaia-20240930.xsd (EX-101.SCH) — 831KB
• gaia-20240930_htm.xml (XML) — 523KB

—FINANCIAL INFORMATION

PART I—FINANCIAL INFORMATION Item 1.

Financial Statements (Unaudited)

Financial Statements (Unaudited): 3 Condensed Consolidated Balance Sheets as of September 30, 2024 (unaudited) and December 31, 2023 4 Condensed Consolidated Statements of Operations (unaudited) for the three and nine months ended September 30, 2024 and 2023 5 Condensed Consolidated Statements of Changes in Equity (unaudited) for the nine months ended September 30, 2024 and 2023 6 Condensed Consolidated Statements of Cash Flows (unaudited) for the nine months ended September 30, 2024 and 2023 7 Notes to Interim Condensed Consolidated Financial Statements 8 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 12 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 16 Item 4.

Controls and Procedures

Controls and Procedures 17

—OTHER INFORMATION

PART II—OTHER INFORMATION 18 Item 1.

Legal Proceedings

Legal Proceedings 18 Item 1A.

Risk Factors

Risk Factors 18 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 18 Item 3. Defaults Upon Senior Securities 18 Item 5. Other Information 18 Item 6. Exhibits 19

— FINANCIAL INFORMATION

PART I— FINANCIAL INFORMATION

Financial Sta tements (Unaudited)

Item 1. Financial Sta tements (Unaudited) Unaudited Interim Condensed Consolidated Financial Statements We have prepared our unaudited interim condensed consolidated financial statements included herein pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC"). While certain information and note disclosures normally included in annual audited financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been condensed or omitted pursuant to these rules and regulations, we believe that the disclosures made are adequate to make the information not misleading. In our opinion, the unaudited condensed consolidated financial statements contain all adjustments necessary to present fairly, in all material respects, our condensed consolidated balance sheets as of September 30, 2024, the interim condensed consolidated statements of operations for the three and nine months ended September 30, 2024 and 2023, the interim condensed consolidated statements of changes in equity for the three and nine months ended September 30, 2024 and 2023, and condensed consolidated statements of cash flows for the nine months ended September 30, 2024 and 2023. Operating results for the three and nine months ended September 30, 2024 and 2023 are not necessarily indicative of the results that may be expected for a full year or any future interim period. The Condensed Consolidated Balance Sheets as of December 31, 2023 were derived from our annual audited consolidated financial statements included in our Annual Report on Form 10-K. These interim condensed consolidated financial statements have not been audited. The unaudited interim condensed consolidated financial statements contained herein should be read in conjunction with our annual audited consolidated financial statements, including the notes thereto, for the year ended December 31, 2023. 3 GAIA, INC. Condensed Cons

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