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Igniton Transaction (Tables)
9 Months Ended
Sep. 30, 2024
Igniton Transaction [Abstract]  
Schedule of Technology License, Net

Technology license, net consists of the following as of September 30, 2024:

 

(in thousands)

 

September 30, 2024

 

 

 

 

 

Technology license

 

$

16,156

 

Accumulated amortization

 

 

(404

)

Technology license, net

 

$

15,752

 

Schedule of Discloses the Effects of Changes Companys Ownership

The following schedule discloses the effects of changes in the Company’s ownership of Igniton on the Company’s equity, as a result of the Igniton Transaction, for the periods presented:

 

 

Nine Months Ended

 

(in thousands)

 

September 30, 2024

 

 

 

 

 

Net income attributable to Gaia, Inc. shareholders

 

$

(4,430

)

Change in Gaia’s paid-in capital for sale of Igniton Shares, net of issuance costs

 

 

(908

)

Net transfers from non-controlling interest

 

 

(908

)

 

 

 

 

Change from net income attributable to Gaia, Inc. shareholders and transfers from Noncontrolling Interest

 

$

(5,338

)