Business Combinations (Tables)

12 Months Ended

Dec. 31, 2022

Business Combinations [Abstract]

Schedule of Purchase Price Components

The purchase price components are summarized in the following table:

(in thousands)	Total
Fair value of Class A common stock transferred	$	9,724
Cash consideration		7,473
Total purchase price, as adjusted	$	17,197

Schedule of Final Purchase Price Allocation

The following table presents the final purchase price allocation, as adjusted, recorded in Gaia’s consolidated balance sheet as of December 31, 2022:

(in thousands)	Total
Cash	$	829
Accounts receivable		21
Prepaid expenses and other current assets		248
Media library, software and equipment		47
Intangible assets		7,063
Goodwill		14,654
Accounts payable and other liabilities		(1,889	)
Deferred tax liability for acquired intangible assets		(2,079	)
Deferred revenue		(1,697	)
Total purchase price	$	17,197

Schedule of Identifiable Intangible Assets

Identifiable intangible assets are comprised of the following as of December 31, 2022:

(in thousands)	Total		Estimated Life (months)
Customer relationships	$	2,000		48
Content library		4,793		90
Tradenames		270		48
Total intangible assets acquired	$	7,063

Summary of Unaudited Pro Forma Condensed Combined Financial Information

The following table presents the unaudited pro forma condensed combined financial information:

	For the Year Ended December 31,
(in thousands)	2021
Revenues	$	89,488
Net income (loss)		4,569