secwatch.observer — SEC 8-K summary
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Issuer:     GAIA, INC (GAIA)
CIK:        0001089872
Form:       8-K
Filed at:   2026-08-10T20:05:16+00:00
Accession:  0001193125-26-342333
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gaia Q2 2026 revenue down 5% to $23.3M; net loss widens to $(0.12)/share
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- Revenue $23.3M, down 5% YoY; international revenue declined $1.6M.
- Net loss $(3.0)M ($0.12/sh) vs $(1.8)M ($0.07/sh) in Q2 2025; gross margin 85.3% vs 86.7%.
- Operating cash flow $(5.4)M due to $2.4M seasonal renewal timing, lower revenue, higher marketing costs.
- Cash $5.3M with fully available $10M credit line; management targets positive free cash flow in Q4 2026.
- CEO cites shift to higher-quality members and AI features; disciplined discounting pressuring top line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089872/000119312526342333/0001193125-26-342333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089872/000119312526342333/gaia-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-342333

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