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Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

11. Subsequent Events

On July 29, 2025, Gaia entered into the Second Amendment to the Credit Agreement with KeyBank with improved financial terms. See Note 4. Debt for additional information.

 

During July 2025, Igniton raised $6.0 million of private common equity financing, including $2.0 million from Gaia. The Company has approximately two-thirds ownership interest and continues to consolidate Igniton. The proceeds from the financing are expected to be used by Igniton for product launch, general operating expenses and certain capital expenditures to support future growth.