BOULDER, Colo., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) (“Gaia” and/or the “Company”) - the world's largest streaming and community platform dedicated to, personal transformation, health, wellness, and spirituality - will be holding one-on-one meetings at the 14th Annual ROTH Technology Conference on November 19, 2025, at the Hard Rock Hotel in New York City. Chief Financial Officer, Ned Preston, and Chief Business Development Officer, James Calhoun, will be representing the Company. The ...

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Revenue and Profitability - Revenues increased by $3.0 million, or 14%, to $25.0 million for the three months ended September 30, 2025, compared to $22.0 million for the same period in 2024[67] - Revenues increased by $8.3 million, or 12.7%, to $73.5 million for the nine months ended September 30, 2025, compared to $65.2 million for the same period in 2024[72] - Gross profit margin improved to 86.4% for the three months ended September 30, 2025, up from 86.1% for the same period in 2024, primarily due to improvements in Average Revenue Per User (ARPU)[69] - Gross profit margin for the nine months ended September 30, 2025, increased to 86.9% from 85.3% for the same period in 2024, attributed to improvements in ARPU[73] Expenses - Selling and operating expenses rose by $2.5 million, or 13.8%, to $20.6 million for the three months ended September 30, 2025, driven mainly by increased marketing expenses[70] - Selling and operating expenses increased by $7.2 million, or 13.3%, to $61.2 million for the nine months ended September 30, 2025, compared to $54.0 million for the same period in 2024[74] - Corporate, general and administration expenses rose by $1.4 million, or 25.0%, to $7.0 million for the nine months ended September 30, 2025, driven by legal fees and higher incentive compensation costs[75] Cash Flow and Financial Position - As of September 30, 2025, the company's cash balance was $14.2 million, with approximately $3.9 million generated in cash flows from operations during the nine months ended September 30, 2025[78] - Cash flows from operating activities decreased by approximately $0.1 million for the three months ended September 30, 2025, compared to the same period in 2024[87] - Cash flows used in investing activities increased by approximately $2.6 million for the three months ended September 30, 2025, primarily due to investment purchases[88] - Cash flows provided by financing activities increased by $4.0 million for the three months ended September 30, 2025, due to an equity raise related to Igniton[89] - Cash flows used in investing activities increased by approximately $7.5 million for the nine months ended September 30, 2025, driven by a technology license acquisition[91] - Cash flows provided by financing activities increased by $4.5 million for the nine months ended September 30, 2025, primarily due to proceeds from common stock issuance of $7.0 million[92] - The company believes its cash on hand and expected operational cash generation will be sufficient to fund operations in the short and long term[84] Investments and Financing - The company expects to budget between $4.0 million to $6.0 million for content and capital expenditures for the remainder of 2025, funded by cash flows from operations[78] - Gaia entered into a Credit Agreement providing a revolving credit facility of up to $10 million, with no outstanding borrowings as of September 30, 2025[79] - The company made a $2 million cost method investment with less than 10% ownership, with no significant influence over the investee[80] - In April 2024, Gaia purchased a perpetual license for $16.2 million, funded through an equity financing that raised $6.8 million[81] - Igniton raised $6.0 million in private equity financing in July 2025, with an implied post-money valuation of approximately $106 million[82] Strategic Goals - The company aims to expand its unique and exclusive content library and enhance its user interface to grow its subscription business domestically and internationally[64]

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Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $25 million, up 14% from $22 million in Q3 2024, driven by growth in both RPO and member count [10] - Gross profit increased 14% to $21.6 million from $19 million in Q3 2024, with gross margins expanding to 86.4%, up from 86.1% [10] - Cash position improved significantly to $14.2 million from $4.4 million a year ago, with a fully available $10 million line of credit [11] - Free cash flow for Q3 was $0.9 million, marking the seventh consecutive quarter of positive free cash flow [10] Business Line Data and Key Metrics Changes - Member count grew to 883,000, reflecting the impact of a $2 subscription price increase implemented a year ago [3][10] - Annualized gross profit per employee increased to $814,000, up from $703,000 in the previous year [3] Market Data and Key Metrics Changes - The company is focusing on deepening relationships with direct members, as churn is nearly double on larger platforms and revenue per subscriber is roughly half compared to direct members [9] Company Strategy and Development Direction - Gaia is transitioning from a traditional SVOD model to an AI-forward company, integrating technology with conscious media and community [5][6] - The company plans to launch a community platform next year, enhancing member engagement and connection [7] - A focus on sustainable, profitable member growth rather than short-term volume is emphasized, with a priority on direct member relationships [26] Management's Comments on Operating Environment and Future Outlook - Management expects 2026 to be a key transition year, focusing on advancing technology and infrastructure to deliver value to direct members [8] - The company anticipates low double-digit annual growth for this year and similar revenue growth for the next year [12] Other Important Information - Igniton products are now available on Gaia Marketplace, with initial sales of approximately $300,000 in the quarter [18] - The company plans to raise content spend by 23% from the prior year [29] Q&A Session Summary Question: What was the churn number during the quarter and how does it compare historically? - Management indicated that they do not use a specific churn number, but losses from price increases typically result in about half of the price increase being offset by churn [16] Question: How will the AI offering change the core subscription model? - The AI is expected to enhance engagement, leading to increased RPO and decreased churn [18] Question: What are the plans for pricing increases? - The company plans to implement another $2 price increase around mid-April [22] Question: How will the focus on direct members affect marketing spend? - The company will prioritize direct member relationships, which may lead to slower growth in partner channels [25] Question: What is the expected content spend for next year? - Content spend is expected to increase by 23% from the prior year, with a rough figure of about $15 million for pure content investment [31] Question: What is the revenue expectation for Igniton? - Igniton is expected to reach a run rate of around $3 million, with approximately half of that expected for the current year [39]

Revenue and Profit - Revenue for Q3 2025 increased by $3.0 million, or 14%, reaching $25.0 million compared to $22.0 million in Q3 2024[5] - Gross profit increased 14% to $21.6 million, with gross margin improving to 86.4% from 86.1% in the prior year quarter[5] - Net loss for Q3 2025 was $(1.2) million, consistent with the loss reported in Q3 2024[6] Cash Flow and Financial Position - Free cash flow for Q3 2025 was $0.9 million, compared to $0.1 million in Q3 2024, marking the seventh consecutive quarter of positive free cash flow[6] - Cash position improved to $14.2 million, along with an unused $10.0 million credit line, up from $4.4 million a year ago[7] - For the first nine months of 2025, free cash flow increased to $3.2 million, up from $1.8 million during the same period last year[6] - Net cash provided by operating activities for Q3 2025 was $326,000, a decrease of 20.3% compared to $409,000 in Q3 2024[17] - Free cash flow for the nine months ended September 30, 2025, was $3,229,000, an increase of 76.5% from $1,836,000 in the same period of 2024[18] - Net cash provided by financing activities for Q3 2025 was $3,839,000, a significant increase from $(142,000) in Q3 2024[17] - The net change in cash and cash equivalents for the nine months ended September 30, 2025, was $8,302,000, compared to $(3,401,000) in the same period of 2024[17] - Total net cash used in investing activities for the nine months ended September 30, 2025, was $(6,361,000), a decrease of 54.2% from $(13,881,000) in the same period of 2024[17] Member Engagement and Community Development - Member count rose by 37,000 to 883,000 as of September 30, 2025, up from 846,000 a year ago[5] - The launch of a proprietary AI Guide is expected to enhance member engagement and strengthen the community platform[4] Operating Expenses - Operating expenses for Q3 2025 totaled $22.8 million, compared to $20.1 million in Q3 2024[16] Capital Expenditures - Net cash used for capital expenditures in Q3 2025 was $(1,927,000), compared to $(1,361,000) in Q3 2024, reflecting a 41.7% increase[18] - Cash paid for interest in Q3 2025 was $72,000, down 48.9% from $141,000 in Q3 2024[18]

Core Insights - Gaia, Inc. reported a revenue growth of 14% year-over-year, reaching a revenue run-rate of $100 million during Q3 2025, compared to $22 million in Q3 2024 [2][4][9] - The company launched a proprietary AI Guide, which is expected to enhance member engagement and strengthen its community platform [3][9] - Gaia's free cash flow for the first nine months of 2025 improved to $3.2 million, up from $1.8 million in the same period last year, marking the seventh consecutive quarter of positive free cash flow [5][9] Financial Performance - Revenue for Q3 2025 increased by $3 million, or 14%, to $25 million, compared to $22 million in Q3 2024 [4][15] - Gross profit rose 14% to $21.6 million, with gross margin improving to 86.4% from 86.1% year-over-year [4][15] - The net loss remained stable at $(1.2) million, or $(0.05) per share, consistent with Q3 2024 [5][15] Membership and Engagement - Member count increased by 37,000 to 883,000 as of September 30, 2025, up from 846,000 a year earlier, driven by both organic growth and acquisitions [4][9] - The average revenue per user (ARPU) also saw an increase, contributing to the overall revenue growth [4] Cash Position - The company's cash position improved to $14.2 million, along with an unused $10 million credit line, compared to $4.4 million a year ago [6][9] - Free cash flow for Q3 2025 was reported at $0.9 million, up from $0.1 million in the same quarter last year [5][17]

Group 1 - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by officers and directors of Gaia, Inc. [1] - Shareholders who acquired Gaia stock on or before December 26, 2017, may seek corporate governance reforms and other benefits [2] - The firm emphasizes the importance of shareholder involvement in improving company policies and enhancing shareholder value [3] Group 2 - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct [4] - The firm operates on a contingent fee basis, meaning no upfront legal fees for shareholders pursuing claims [2]

Core Viewpoint - Gaia, Inc. will hold a conference call on November 3, 2025, to discuss its financial results for Q3 2025, with a press release to be issued prior to the call [1]. Group 1: Conference Call Details - The conference call is scheduled for November 3, 2025, at 4:30 p.m. Eastern time [2]. - Participants can join the call using a toll-free number or an international dial-in number, with a conference ID provided for registration [2]. - A live broadcast of the conference call will be available, along with a replay option from the same day until November 17, 2025 [3]. Group 2: Company Overview - Gaia is a global video streaming service focused on personal transformation, health, wellness, and spirituality, available in 185 countries [3]. - The platform features over 10,000 titles, with more than 85% being exclusive content, and approximately 75% of viewership comes from Gaia-produced or owned content [3]. - Gaia's services are accessible on various platforms, including Apple TV, iOS, Android, Roku, and through Amazon Prime Video and Comcast Xfinity [3].

Core Insights - Appia Rare Earths & Uranium Corp. has completed an auger drilling campaign at the Gaia target and is advancing a new phase at the Taygeta target within the PCH Rare Earths Project in Goiás State, Brazil [1][4] Drilling Campaign Details - At the Gaia target, 90 auger drill holes have been completed, and all samples have been sent for geochemical and desorption analyses, with results pending [2] - The Taygeta target has seen 42 auger drill holes completed to date, focusing on near-surface horizons based on geological and geomorphological criteria [2] - The company is utilizing two newly acquired auger rigs to enhance drilling efficiency and model resolution [2] Technical Protocols - The same desorption protocol that proved effective at Taygeta will be applied at Gaia, using an (NH₄)₂SO₄ 0.5 M solution at pH 4, which allows for direct comparability of results [3] Future Plans - The company plans to release the results from the Gaia target, including geochemistry and desorption data, and will integrate these findings into the geological-geometallurgical model while continuing drilling at Taygeta [7] Financial Activities - Appia has closed a non-brokered private placement, issuing 3,968,648 working capital units at a price of $0.185 per unit, raising gross proceeds of $734,200 [9][10] - Each working capital unit consists of one common share and one-half of a common share purchase warrant, with full warrants exercisable at $0.30 per share [10] Transaction Updates - Ultra Rare Earth Inc. is proceeding with a transaction to acquire a 50% interest in Appia Brasil Rare Earths Mineracao Ltda, with closing scheduled for October 31, 2025 [14][15] - As part of the transaction, Ultra will invest US $2 million into a private placement, which will be used for general working capital [15] Company Overview - Appia is focused on rare earth elements and uranium, holding rights to the PCH Ionic Adsorption Clay Project in Brazil and exploring for high-grade uranium in Saskatchewan [16] - The company has 177 million common shares outstanding and 213.9 million shares fully diluted [17]