secwatch.observer — SEC 8-K summary
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Issuer:     GAIA, INC (GAIA)
CIK:        0001089872
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0000950170-23-056396
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gaia Q3 revenue $20.2M, adds 16,000 members; net loss narrows to $0.6M
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- Revenue $20.2M, up from $19.9M YoY; net loss $0.6M ($0.03/sh) vs $2.4M ($0.11/sh) a year ago.
- Member count rose to 790,500; 16,000 members added in Q3, double the Q2 addition rate.
- EBITDA increased to $3.9M from $1.8M in Q3 2022; cash balance $11.2M, up from $10.9M last quarter.
- Annualized gross profit per employee hit all-time high of over $650,000.
- Gaia Marketplace, rolled out to <5% of members, generated over $100k in first 20 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089872/000095017023056396/0000950170-23-056396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089872/000095017023056396/gaia-20230930.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-056396

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer