GAIA INC
For the period ended Dec 31, 2024. Filed Mar 10, 2025.
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FY2024 · Filed Mar 10, 2025
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) · 2024 · 2023 | |||
| Cash flows from operating activities: | |||
| Net loss | $(5,398) | $(5,595) | |
| Adjustments to reconcile net loss to net cash provided by operating activities: | |||
| Additions to media library | (8,925) | (8,621) | |
| Media library amortization | 10,041 | 9,208 | |
| Depreciation and amortization | 8,580 | 7,833 | |
| Non-cash operating lease expense | 834 | 1,069 | |
| Other non-cash items | (1,061) | — | |
| Share-based compensation expense | 1,283 | 1,059 | |
| Equity method investment losses | — | 501 | |
| Income tax (benefit) expense | (34) | 60 | |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (1,536) | (1,156) | |
| Other receivables | (231) | (2,043) | |
| Prepaid expenses and other current assets | (461) | 525 | |
| Accounts payable | 288 | 4,656 | |
| Accrued and other liabilities | 136 | (3,363) | |
| Deferred revenue | 3,407 | 1,737 | |
| Net cash provided by operating activities | 6,923 | 5,870 | |
| Cash flows from investing activities: | |||
| Purchase of intangible assets | (10,016) | (8) | |
| Additions to property and equipment | (4,982) | (5,274) | |
| Net cash used in investing activities | (14,998) | (5,282) | |
| Cash flows from financing activities: | |||
| Proceeds from short-term borrowings | 19,500 | 28,900 | |
| Proceeds from the issuance of common stock | 33 | 4,957 | |
| Proceeds from sale of subsidiary common stock, net of transaction costs | 6,315 | — | |
| Repayment of short-term debt | (19,679) | (38,072) | |
| Purchase of treasury stock | — | (169) | |
| Net cash provided by (used in) financing activities | 6,169 | (4,384) | |
| Net change in cash and cash equivalents | (1,906) | (3,796) | |
| Cash and cash equivalents, beginning of year | 7,766 | 11,562 | |
| Cash and cash equivalents, end of year | $5,860 | $7,766 | |
| Supplemental disclosure of cash flow information | |||
| Cash paid for interest | $586 | $481 | |
| Supplemental schedule of non-cash investing and financing activities | |||
| Additions to property and equipment in Accounts payable | $109 | $165 | |
| Non-cash consideration paid for intangible assets | $6,156 | $ | - |
| Value of shares issued for acquisition of content added to Media Library | $— | $669 | |
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