secwatch.observer — SEC 8-K summary
======================================

Issuer:     GAIA, INC (GAIA)
CIK:        0001089872
Form:       8-K/A
Filed at:   2022-03-07T23:59:59+00:00
Accession:  0001564590-22-008935
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gaia completes Yoga International acquisition; FY2020 revenue $14.8M, net income $189K
--------------------------------------------------------------------------------

- Yoga International FY2020 net revenue $14.78M, net income $189K; cash $1.74M, deferred revenue $1.72M.
- Yoga International had negative working capital of ~$1.5M at Dec 2020, but positive operating cash flow $3.04M.
- Pro forma combined financial statements for FY2020 and nine months ended Sep 2021 filed as exhibits.
- PPP loan of $445K assumed by Gaia; fully forgiven in Jan 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089872/000156459022008935/0001564590-22-008935-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089872/000156459022008935/gaia-8ka_20211222.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-008935

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