GAIA INC
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 29, 2024
GAIA$1.25-2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statem ents of Cash Flows
| Years ended December 31, | |||
|---|---|---|---|
| (in thousands) · 2023 · 2022 (As restated) | |||
| Cash flows from operating activities: | |||
| Net loss | $(5,595) | $(3,595) | |
| Income from discontinued operations | — | 360 | |
| Loss from continuing operations | (5,595) | (3,235) | |
| Adjustments to reconcile net loss to net cash provided by operating activities: | |||
| Additions to media library | (8,621) | (9,840) | |
| Media library amortization | 9,208 | 8,317 | |
| Depreciation and amortization | 7,833 | 7,621 | |
| Noncash operating lease expense | 1,069 | 1,072 | |
| Share-based compensation expense | 1,059 | 1,821 | |
| Equity method investment loss | 501 | 511 | |
| Provision for income taxes | 60 | 202 | |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (1,156) | (259) | |
| Other receivables | (2,043) | 32 | |
| Prepaid expenses and other current assets | 525 | (681) | |
| Accounts payable | 4,656 | (1,697) | |
| Accrued and other liabilities | (3,363) | (1,101) | |
| Deferred revenue | 1,737 | (723) | |
| Net cash provided by operating activities - continuing operations | 5,870 | 2,040 | |
| Net cash used in operating activities - discontinued operations | — | (360) | |
| Net cash provided by operating activities | 5,870 | 1,680 | |
| Cash flows from investing activities: | |||
| Acquisitions, net of cash acquired, and purchase of intangible assets | (8) | (847) | |
| Additions to property and equipment | (5,274) | (8,417) | |
| Net cash used in investing activities | (5,282) | (9,264) | |
| Cash flows from financing activities: | |||
| Proceeds from short-term borrowings | 28,900 | 16,500 | |
| Proceeds from the issuance of common stock | 4,957 | 43 | |
| Purchase of treasury stock | (169) | — | |
| Repayment of debt | (38,072) | (7,666) | |
| Net cash (used in) provided by financing activities | (4,384) | 8,877 | |
| Net change in cash | (3,796) | 1,293 | |
| Cash and cash equivalents, beginning of year | 11,562 | 10,269 | |
| Cash and cash equivalents, end of year | $7,766 | $11,562 | |
| Supplemental disclosure of cash flow information | |||
| Cash paid for interest | $481 | $301 | |
| Cash paid for income taxes | $— | $12 | |
| Supplemental Disclosure of Non-Cash Investing and Financing Activities | |||
| Value of shares issued for acquisition and business combination | $669 | $ | - |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.