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Side-by-side financial comparison of FENNEC PHARMACEUTICALS INC. (FENC) and GAIA, INC (GAIA). Click either name above to swap in a different company.

GAIA, INC is the larger business by last-quarter revenue ($25.5M vs $13.8M, roughly 1.9× FENNEC PHARMACEUTICALS INC.). GAIA, INC runs the higher net margin — -0.3% vs -34.7%, a 34.4% gap on every dollar of revenue. On growth, FENNEC PHARMACEUTICALS INC. posted the faster year-over-year revenue change (73.8% vs 5.8%). Over the past eight quarters, GAIA, INC's revenue compounded faster (9.4% CAGR vs -26.3%).

Fennec Pharmaceuticals Inc. is a biopharmaceutical firm focused on developing and commercializing therapies to reduce treatment-related side effects in pediatric cancer patients. Its lead product targets chemotherapy-induced ototoxicity, with core North American markets serving oncology providers and vulnerable pediatric patient groups.

Gaia, Inc. is a publicly traded (NASDAQ:GAIA) American media company founded in 1988 by Jirka Rysavy in Louisville, Colorado. It owns and operates Gaia TV, a subscription video on-demand service consisting of original and licensed alternative media documentaries, including those on wellness, spirituality and conspiracy theories.

FENC vs GAIA — Head-to-Head

Bigger by revenue
GAIA
GAIA
1.9× larger
GAIA
$25.5M
$13.8M
FENC
Growing faster (revenue YoY)
FENC
FENC
+68.0% gap
FENC
73.8%
5.8%
GAIA
Higher net margin
GAIA
GAIA
34.4% more per $
GAIA
-0.3%
-34.7%
FENC
Faster 2-yr revenue CAGR
GAIA
GAIA
Annualised
GAIA
9.4%
-26.3%
FENC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FENC
FENC
GAIA
GAIA
Revenue
$13.8M
$25.5M
Net Profit
$-4.8M
$-75.0K
Gross Margin
87.6%
Operating Margin
-18.5%
-2.6%
Net Margin
-34.7%
-0.3%
Revenue YoY
73.8%
5.8%
Net Profit YoY
-141.1%
91.7%
EPS (diluted)
$-0.17
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FENC
FENC
GAIA
GAIA
Q4 25
$13.8M
$25.5M
Q3 25
$12.5M
$25.0M
Q2 25
$9.7M
$24.6M
Q1 25
$8.8M
$23.8M
Q4 24
$7.9M
$24.1M
Q3 24
$7.0M
$22.0M
Q2 24
$7.3M
$21.9M
Q1 24
$25.4M
$21.3M
Net Profit
FENC
FENC
GAIA
GAIA
Q4 25
$-4.8M
$-75.0K
Q3 25
$-638.0K
$-1.2M
Q2 25
$-3.2M
$-2.0M
Q1 25
$-1.2M
$-1.2M
Q4 24
$-2.0M
$-907.0K
Q3 24
$-5.7M
$-1.2M
Q2 24
$-5.6M
$-2.2M
Q1 24
$12.8M
$-971.0K
Gross Margin
FENC
FENC
GAIA
GAIA
Q4 25
87.6%
Q3 25
86.4%
Q2 25
86.7%
Q1 25
87.7%
Q4 24
88.2%
Q3 24
86.1%
Q2 24
84.5%
Q1 24
85.3%
Operating Margin
FENC
FENC
GAIA
GAIA
Q4 25
-18.5%
-2.6%
Q3 25
-1.5%
-5.0%
Q2 25
-28.3%
-8.9%
Q1 25
-9.2%
-4.3%
Q4 24
-11.8%
-7.1%
Q3 24
-74.6%
-5.3%
Q2 24
-69.4%
-9.1%
Q1 24
54.2%
-4.0%
Net Margin
FENC
FENC
GAIA
GAIA
Q4 25
-34.7%
-0.3%
Q3 25
-5.1%
-4.6%
Q2 25
-32.7%
-8.3%
Q1 25
-13.3%
-5.1%
Q4 24
-25.0%
-3.8%
Q3 24
-82.2%
-5.4%
Q2 24
-76.5%
-9.9%
Q1 24
50.6%
-4.6%
EPS (diluted)
FENC
FENC
GAIA
GAIA
Q4 25
$-0.17
$-0.02
Q3 25
$-0.02
$-0.05
Q2 25
$-0.11
$-0.07
Q1 25
$-0.04
$-0.04
Q4 24
$-0.02
$-0.03
Q3 24
$-0.21
$-0.05
Q2 24
$-0.20
$-0.09
Q1 24
$0.41
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FENC
FENC
GAIA
GAIA
Cash + ST InvestmentsLiquidity on hand
$36.8M
$13.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.5M
$87.9M
Total Assets
$70.6M
$154.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FENC
FENC
GAIA
GAIA
Q4 25
$36.8M
$13.5M
Q3 25
$21.9M
$14.2M
Q2 25
$18.7M
$13.9M
Q1 25
$22.7M
$13.1M
Q4 24
$26.6M
$5.9M
Q3 24
$40.3M
$4.4M
Q2 24
$43.1M
$5.5M
Q1 24
$51.2M
$8.6M
Total Debt
FENC
FENC
GAIA
GAIA
Q4 25
Q3 25
$19.4M
Q2 25
$19.4M
Q1 25
$19.4M
Q4 24
$19.3M
Q3 24
$32.1M
Q2 24
$31.8M
Q1 24
$31.3M
Stockholders' Equity
FENC
FENC
GAIA
GAIA
Q4 25
$35.5M
$87.9M
Q3 25
$-4.5M
$86.3M
Q2 25
$-7.5M
$85.7M
Q1 25
$-5.9M
$87.0M
Q4 24
$-5.9M
$80.7M
Q3 24
$-5.2M
$81.2M
Q2 24
$-1.4M
$82.1M
Q1 24
$3.0M
$84.8M
Total Assets
FENC
FENC
GAIA
GAIA
Q4 25
$70.6M
$154.6M
Q3 25
$49.3M
$151.1M
Q2 25
$44.9M
$147.0M
Q1 25
$46.4M
$148.5M
Q4 24
$44.9M
$141.2M
Q3 24
$58.9M
$139.6M
Q2 24
$63.2M
$142.1M
Q1 24
$69.2M
$133.8M
Debt / Equity
FENC
FENC
GAIA
GAIA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
10.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FENC
FENC
GAIA
GAIA
Operating Cash FlowLast quarter
$-6.0M
$1.8M
Free Cash FlowOCF − Capex
$76.0K
FCF MarginFCF / Revenue
0.3%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-377.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FENC
FENC
GAIA
GAIA
Q4 25
$-6.0M
$1.8M
Q3 25
$1.5M
$326.0K
Q2 25
$-3.7M
$2.3M
Q1 25
$-4.3M
$1.3M
Q4 24
$-1.5M
$2.7M
Q3 24
$-2.2M
$409.0K
Q2 24
$-8.4M
$-2.1M
Q1 24
$39.0M
$5.9M
Free Cash Flow
FENC
FENC
GAIA
GAIA
Q4 25
$76.0K
Q3 25
$-1.6M
Q2 25
$880.0K
Q1 25
$268.0K
Q4 24
$1.6M
Q3 24
$-952.0K
Q2 24
$-3.5M
Q1 24
$4.9M
FCF Margin
FENC
FENC
GAIA
GAIA
Q4 25
0.3%
Q3 25
-6.4%
Q2 25
3.6%
Q1 25
1.1%
Q4 24
6.5%
Q3 24
-4.3%
Q2 24
-16.1%
Q1 24
22.8%
Capex Intensity
FENC
FENC
GAIA
GAIA
Q4 25
6.6%
Q3 25
7.7%
Q2 25
5.7%
Q1 25
4.3%
Q4 24
4.6%
Q3 24
6.2%
Q2 24
6.6%
Q1 24
5.0%
Cash Conversion
FENC
FENC
GAIA
GAIA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
3.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FENC
FENC

Segment breakdown not available.

GAIA
GAIA

US$16.7M65%
Non Us$8.8M35%

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