---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-022624"
form_type: "8-K"
ticker: "GAIA"
cik: "0001089872"
company_name: "GAIA, INC"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T04:59:13.661009+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gaia Q3 2022 revenue down 2.5% YoY to $19.9M; net loss $2.4M; EBITDA declines to $1.8M

## Summary
- Revenue $19.9M (-2.5% YoY); gross margin 86.7%; net loss $2.4M ($0.11 loss per share) vs $0.6M income year ago.
- EBITDA $1.8M (9% margin) tenth consecutive positive quarter; adjusted EBITDA excluding settlement accrual $4.1M (21% margin).
- Member count 776,000 at Sep 30, 2022 down from 790,500 a year ago; cancellations from COVID-era members impacted growth.
- Recorded $2.0M accrual for anticipated SEC settlement regarding historical matters; elevated legal fees year-to-date.
- Secured $10M revolving credit facility in August; drew $7.5M; cash balance $10.8M.

## SEC filing metadata
- accession: 0000950170-22-022624
- form_type: 8-K
- ticker: GAIA
- cik: 0001089872
- company_name: GAIA, INC
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089872/000095017022022624/0000950170-22-022624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089872/000095017022022624/gaia-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-022624
- JSON: https://secwatch.observer/filing/0000950170-22-022624.json
- Plain text: https://secwatch.observer/filing/0000950170-22-022624.txt

## Key facts
- Earnings Releases
  GAIA, INC reported third quarter ended September 30, 2022 results: net income $2.4 million, EPS $(0.11) per share.
  - Period: third quarter ended September 30, 2022
  - Net income: $2.4 million
  - EPS: $(0.11) per share
  - Result: reported results
  source text: our long-term plan of growing a highly engaged community that generates significant cashflows over many years.” Third Quarter 2022 Financial Results Revenues decreased 2.5% to $19.9 million from $20.4 million in the year-ago quarter. For the nine months ended September 30, revenues increased 6.3% to $62.5 million in 2022 from $58.7 million from the same period in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089872/000095017022022624/0000950170-22-022624-index.htm
- Earnings Releases
  GAIA, INC reported third quarter ended September 30, 2022 results: net income $2.4 million, EPS $(0.11) per share.
  - Period: third quarter ended September 30, 2022
  - Net income: $2.4 million
  - EPS: $(0.11) per share
  - Result: reported results
  source text: Net loss was $2.4 million or $(0.11) per share compared to net income of $0.6 million or $0.03 per share in the year ago quarter due to the factors noted.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089872/000095017022022624/0000950170-22-022624-index.htm
- Earnings Releases
  GAIA, INC reported third quarter 2022 results: revenue decreased 2.5% to $19.9 million from $20.4 million.
  - Period: third quarter 2022
  - Revenue: decreased 2.5% to $19.9 million from $20.4 million
  - Result: reported results
  source text: Revenues decreased 2.5% to $19.9 million from $20.4 million in the year-ago quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089872/000095017022022624/0000950170-22-022624-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.