{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-203970","form_type":"8-K","ticker":"GAIA","cik":"0001089872","company_name":"GAIA, INC","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.935306+00:00","generated_at":"2026-05-14T23:49:09.372400+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Gaia Q1 revenue up 2% to $24.3M; net loss $(1.3)M; targets lower churn, higher ARPU","bullets":["Revenue $24.3M (+2% YoY); gross margin 86%; net loss $(1.3)M ($(0.05)/share) vs $(1.0)M in Q1 2025.","Operating cash flow $1.5M, free cash flow $1.1M – ninth consecutive quarter of positive free cash flow.","Cash $13.1M with fully available $10M credit line.","CEO: shifting from third-party platforms to direct membership; targeting ~20% churn reduction and 20-25% ARPU increase for Q4 2026 vs Q4 2025.","Strategic changes expected to moderate near-term revenue growth but improve lifetime value and unit economics."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-203970","json":"https://secwatch.observer/filing/0001193125-26-203970.json","markdown":"https://secwatch.observer/filing/0001193125-26-203970.md","text":"https://secwatch.observer/filing/0001193125-26-203970.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1089872/000119312526203970/0001193125-26-203970-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1089872/000119312526203970/gaia-20260504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:49:09.372400+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d0383878713077ddae62befd84661554f887e5b","claim":"GAIA, INC reported first quarter ended March 31, 2026 results: revenue $24.3 million, net income $(1.3) million, EPS $(0.05) per share.","evidence_excerpt":"company, reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Summary vs First Quarter 2025 (where applicable) • Revenue increased to $24.3 million compared to $23.8 million. • Gross profit remained flat at $20.9 million. • Generated $1.5 million in operating cash flow and $1.1 million in free cash flow. Management","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1089872/000119312526203970/0001193125-26-203970-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$24.3 million"},{"label":"Net income","value":"$(1.3) million"},{"label":"EPS","value":"$(0.05) per share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}