GAIA

Gaia Appoints James Colquhoun as CEO and Launches New AI Powered Search

Retrieved on: 
Monday, December 4, 2023

BOULDER, Colo., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, today announced that it has appointed James Colquhoun as Chief Executive Officer.

Key Points: 
  • BOULDER, Colo., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, today announced that it has appointed James Colquhoun as Chief Executive Officer.
  • Colquhoun will be leveraging his marketing skills and leadership abilities to help Gaia provide unique conscious content to its passionate member base.
  • He founded and served as FMTV’s Chief Executive Officer until FMTV was acquired by Gaia in June 2019.
  • “We had a very good experience with the FMTV transition and James’ participation with Gaia so far,” said Jirka Rysavy, Gaia’s founder and chairman.

The Europas Names New Native Best New Tech Startup in Artificial Intelligence

Retrieved on: 
Wednesday, November 15, 2023

Lisbon, Portugal, Nov. 15, 2023 (GLOBE NEWSWIRE) --  New Native, renowned for their approach to aggregating cutting-edge AI technologies, has proudly secured the Best New Tech Startup award in the Artificial Intelligence category at The Europas. 

Key Points: 
  • Lisbon, Portugal, Nov. 15, 2023 (GLOBE NEWSWIRE) -- New Native , renowned for their approach to aggregating cutting-edge AI technologies, has proudly secured the Best New Tech Startup award in the Artificial Intelligence category at The Europas.
  • Founded in 2009 by Mike Butcher, editor-at-large at Tech Crunch, The Europas boasts a 15-year legacy of spotlighting outstanding startups, with past winners including industry giants like Spotify, Farfetch, and Depop.
  • New Native is a platform that integrates advanced AI technologies to help businesses and users scale the development and distribution of solutions.
  • Simon Olson, Co-founder of New Native, expressed his excitement about the recognition, stating, "Winning the Europas Best New Tech Startup in AI is a testament to the dedication and ingenuity of our team.

GAIA (GAIA) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Monday, November 6, 2023

Road Town, British Virgin Islands--(Newsfile Corp. - November 6, 2023) - LBank Exchange, a global digital asset trading platform, listed GAIA (GAIA) on November 3, 2023.

Key Points: 
  • Road Town, British Virgin Islands--(Newsfile Corp. - November 6, 2023) - LBank Exchange, a global digital asset trading platform, listed GAIA (GAIA) on November 3, 2023.
  • For all users of LBank Exchange, the GAIA/USDT trading pair is now officially available for trading.
  • GAIA (GAIA) is an innovative cryptocurrency payment platform offering fast, secure, and eco-friendly digital payment solutions with its native token, GAIA Coin, and GAIA Card.
  • LBank Exchange is thrilled to announce the listing of GAIA (GAIA), an innovative and forward-thinking cryptocurrency ecosystem that envisions the future of digital payments.

Gaia Reports Third Quarter 2023 Results

Retrieved on: 
Monday, October 30, 2023

BOULDER, Colo., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BOULDER, Colo., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the third quarter ended September 30, 2023.
  • “In the third quarter of 2023 we experienced another increase in revenue and member count while continuing with a positive cash flow generation,” said Jirka Rysavy, Gaia’s CEO.
  • Member count growth during the third quarter doubled to 16,000 members added, compared to the second quarter, finishing with 790,500 members as of September 30, 2023, above the 776,000 members from the year ago quarter.
  • Gaia continued positive net cash flow generation with a cash balance as of September 30, 2023 of $11.2 million compared to $10.9 million at the end of last quarter.

Gaia Sets Third Quarter 2023 Conference Call for Monday, October 30, 2023, at 4:30 p.m. ET

Retrieved on: 
Monday, October 23, 2023

BOULDER, Colo., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) (“Gaia” and/or the “Company”), a conscious media and community company, will conduct a conference call on Monday, October 30, 2023, at 4:30 p.m. Eastern time (2:30 p.m. Mountain time) to discuss its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BOULDER, Colo., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) (“Gaia” and/or the “Company”), a conscious media and community company, will conduct a conference call on Monday, October 30, 2023, at 4:30 p.m. Eastern time (2:30 p.m. Mountain time) to discuss its financial results for the third quarter ended September 30, 2023.
  • The company will report its financial results in a press release prior to the call.
  • Gaia management will host the conference call, followed by a question and answer period.
  • A telephonic replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through November 13, 2023.

Gaia Announces Pricing of Underwritten Public Offering of Common Stock

Retrieved on: 
Tuesday, October 3, 2023

BOULDER, Colo., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, today announced the pricing of its underwritten public offering of 1,855,000 shares of its Class A common stock (“common stock”), at a price to the public of $2.70 per share.

Key Points: 
  • BOULDER, Colo., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, today announced the pricing of its underwritten public offering of 1,855,000 shares of its Class A common stock (“common stock”), at a price to the public of $2.70 per share.
  • The gross proceeds to the Company from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $5.0 million.
  • In connection with the offering, the Company also granted the underwriter a 30-day option to purchase up to an additional 278,250 shares of its common stock at the public offering price, less the underwriting discounts and commissions.
  • The offering is expected to close on October 5, 2023, subject to customary closing conditions.

Gaia Announces Proposed Public Offering of Common Stock

Retrieved on: 
Monday, October 2, 2023

BOULDER, Colo., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, announced today that it intends to offer shares of its Class A common stock for sale in an underwritten public offering at a proposed public offering price per share that is greater than today’s closing price for the Company’s Class A common stock.

Key Points: 
  • BOULDER, Colo., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, announced today that it intends to offer shares of its Class A common stock for sale in an underwritten public offering at a proposed public offering price per share that is greater than today’s closing price for the Company’s Class A common stock.
  • Gaia also intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the number of shares of its Class A common stock in the underwritten public offering.
  • Certain of our directors, officers and affiliates have indicated an interest in purchasing shares of our Class A common stock in this offering, based on their preliminary indications of interest.
  • Lake Street Capital Markets, LLC is acting as sole book-running manager for the proposed offering.

Gaia Announces Participation in LD Micro Investment Conference (Los Angeles)

Retrieved on: 
Friday, September 29, 2023

BOULDER, Colo., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) a conscious media and community company, announced its participation in the following investor conference:

Key Points: 
  • BOULDER, Colo., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) a conscious media and community company, announced its participation in the following investor conference:
    Gaia’s management team, including Chairman and CEO Jirka Rysavy, CFO Ned Preston, and COO James Colquhoun, will be available for meetings with investors.
  • For more information or to schedule one-on-one meetings, please contact your respective conference representative or Gaia’s investor relations team at [email protected] .
  • Gaia expects to finish the third quarter (ending September 30, 2023) with continued positive cash flow generation and achieving member growth approximately double from the previous quarter, ending the quarter with higher total members and revenue compared to same quarter last year, more than recovering losses from the later part of 2022, caused by the industry-wide post-COVID subscriber contraction.

Gaia Announces Participation in September 11th-14th Investor Conferences (New York City)

Retrieved on: 
Monday, September 11, 2023

BOULDER, Colo., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) a conscious media and community company, announced its participation in the following investor conferences:

Key Points: 
  • BOULDER, Colo., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) a conscious media and community company, announced its participation in the following investor conferences:
    H.C. Wainwright 25th Annual Global Investment Conference, September 11 – September 13, 2023, at the Lotte New York Palace Hotel, New York, NY.
  • Lake Street 7th Annual Ideas Growth Conference – September 14, 2023, at The Yale Club, New York, NY.
  • Gaia’s management team, including Chairman and CEO Jirka Rysavy, CFO Ned Preston, and COO James Colquhoun, will be available for meetings with investors.
  • For more information or to schedule one-on-one meetings, please contact your respective conference representative or Gaia’s investor relations team at [email protected] .

Gaia Reports Second Quarter 2023 Results

Retrieved on: 
Monday, July 31, 2023

BOULDER, Colo., July 31, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • BOULDER, Colo., July 31, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the second quarter ended June 30, 2023.
  • “Our annualized gross profit per employee in the second quarter grew to over $610,000, reflecting our operating efficiency, which was brought on by the cost improvements undertaken in the first quarter.
  • Member count growth continued in the second quarter of 2023 during which the company saw an additional 8,000 members join the Gaia platform, ending the period with 774,500 members as of June 30, 2023.
  • Gross profit in the second quarter decreased to $17.0 million compared to $18.0 million in the year-ago quarter primarily due to lower revenues.