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Side-by-side financial comparison of GAIA, INC (GAIA) and TriSalus Life Sciences, Inc. (TLSI). Click either name above to swap in a different company.
GAIA, INC is the larger business by last-quarter revenue ($25.5M vs $13.2M, roughly 1.9× TriSalus Life Sciences, Inc.). GAIA, INC runs the higher net margin — -0.3% vs -73.9%, a 73.6% gap on every dollar of revenue. On growth, TriSalus Life Sciences, Inc. posted the faster year-over-year revenue change (59.8% vs 5.8%). GAIA, INC produced more free cash flow last quarter ($76.0K vs $-2.5M). Over the past eight quarters, TriSalus Life Sciences, Inc.'s revenue compounded faster (43.0% CAGR vs 9.4%).
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.
TriSalus Life Sciences, Inc. is a clinical-stage biotechnology company focused on advancing immuno-oncology and interventional oncology solutions. It develops proprietary targeted drug delivery technologies designed to improve treatment efficacy for patients with liver, pancreatic and other hard-to-treat solid tumors, primarily operating in North American markets via partnerships with clinical care and research institutions.
GAIA vs TLSI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.5M | $13.2M |
| Net Profit | $-75.0K | $-9.8M |
| Gross Margin | 87.6% | 86.7% |
| Operating Margin | -2.6% | -24.8% |
| Net Margin | -0.3% | -73.9% |
| Revenue YoY | 5.8% | 59.8% |
| Net Profit YoY | 91.7% | 3.5% |
| EPS (diluted) | $-0.02 | $-0.22 |
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.
| Q4 25 | $25.5M | $13.2M | ||
| Q3 25 | $25.0M | $11.6M | ||
| Q2 25 | $24.6M | $11.2M | ||
| Q1 25 | $23.8M | $9.2M | ||
| Q4 24 | $24.1M | $8.3M | ||
| Q3 24 | $22.0M | $7.3M | ||
| Q2 24 | $21.9M | $7.4M | ||
| Q1 24 | $21.3M | $6.5M |
| Q4 25 | $-75.0K | $-9.8M | ||
| Q3 25 | $-1.2M | $-10.8M | ||
| Q2 25 | $-2.0M | $-8.3M | ||
| Q1 25 | $-1.2M | $-10.4M | ||
| Q4 24 | $-907.0K | $-10.1M | ||
| Q3 24 | $-1.2M | $-2.4M | ||
| Q2 24 | $-2.2M | $-4.3M | ||
| Q1 24 | $-971.0K | $-13.2M |
| Q4 25 | 87.6% | 86.7% | ||
| Q3 25 | 86.4% | 83.5% | ||
| Q2 25 | 86.7% | 83.9% | ||
| Q1 25 | 87.7% | 83.7% | ||
| Q4 24 | 88.2% | 85.3% | ||
| Q3 24 | 86.1% | 86.3% | ||
| Q2 24 | 84.5% | 87.6% | ||
| Q1 24 | 85.3% | 85.0% |
| Q4 25 | -2.6% | -24.8% | ||
| Q3 25 | -5.0% | -77.9% | ||
| Q2 25 | -8.9% | -65.4% | ||
| Q1 25 | -4.3% | -79.9% | ||
| Q4 24 | -7.1% | -91.8% | ||
| Q3 24 | -5.3% | -118.9% | ||
| Q2 24 | -9.1% | -111.0% | ||
| Q1 24 | -4.0% | -180.8% |
| Q4 25 | -0.3% | -73.9% | ||
| Q3 25 | -4.6% | -93.5% | ||
| Q2 25 | -8.3% | -73.9% | ||
| Q1 25 | -5.1% | -113.2% | ||
| Q4 24 | -3.8% | -122.4% | ||
| Q3 24 | -5.4% | -32.6% | ||
| Q2 24 | -9.9% | -58.8% | ||
| Q1 24 | -4.6% | -204.5% |
| Q4 25 | $-0.02 | $-0.22 | ||
| Q3 25 | $-0.05 | $-0.96 | ||
| Q2 25 | $-0.07 | $-0.27 | ||
| Q1 25 | $-0.04 | $-0.39 | ||
| Q4 24 | $-0.03 | $-0.38 | ||
| Q3 24 | $-0.05 | $-0.12 | ||
| Q2 24 | $-0.09 | $-0.21 | ||
| Q1 24 | $-0.05 | $-0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.5M | $20.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $87.9M | $-33.9M |
| Total Assets | $154.6M | $35.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.5M | $20.4M | ||
| Q3 25 | $14.2M | $22.7M | ||
| Q2 25 | $13.9M | $26.5M | ||
| Q1 25 | $13.1M | $13.0M | ||
| Q4 24 | $5.9M | $8.5M | ||
| Q3 24 | $4.4M | $11.3M | ||
| Q2 24 | $5.5M | $16.5M | ||
| Q1 24 | $8.6M | $4.0M |
| Q4 25 | $87.9M | $-33.9M | ||
| Q3 25 | $86.3M | $-26.7M | ||
| Q2 25 | $85.7M | $-19.4M | ||
| Q1 25 | $87.0M | $-34.4M | ||
| Q4 24 | $80.7M | $-25.9M | ||
| Q3 24 | $81.2M | $-20.4M | ||
| Q2 24 | $82.1M | $-25.3M | ||
| Q1 24 | $84.8M | $-36.0M |
| Q4 25 | $154.6M | $35.3M | ||
| Q3 25 | $151.1M | $36.5M | ||
| Q2 25 | $147.0M | $41.3M | ||
| Q1 25 | $148.5M | $28.6M | ||
| Q4 24 | $141.2M | $24.0M | ||
| Q3 24 | $139.6M | $27.5M | ||
| Q2 24 | $142.1M | $32.4M | ||
| Q1 24 | $133.8M | $17.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.8M | $-2.5M |
| Free Cash FlowOCF − Capex | $76.0K | $-2.5M |
| FCF MarginFCF / Revenue | 0.3% | -19.1% |
| Capex IntensityCapex / Revenue | 6.6% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-377.0K | $-19.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8M | $-2.5M | ||
| Q3 25 | $326.0K | $-3.7M | ||
| Q2 25 | $2.3M | $-7.3M | ||
| Q1 25 | $1.3M | $-4.5M | ||
| Q4 24 | $2.7M | $-5.7M | ||
| Q3 24 | $409.0K | $-10.8M | ||
| Q2 24 | $-2.1M | $-13.4M | ||
| Q1 24 | $5.9M | $-10.9M |
| Q4 25 | $76.0K | $-2.5M | ||
| Q3 25 | $-1.6M | $-3.9M | ||
| Q2 25 | $880.0K | $-7.4M | ||
| Q1 25 | $268.0K | $-5.3M | ||
| Q4 24 | $1.6M | $-5.8M | ||
| Q3 24 | $-952.0K | $-11.0M | ||
| Q2 24 | $-3.5M | $-13.5M | ||
| Q1 24 | $4.9M | $-10.9M |
| Q4 25 | 0.3% | -19.1% | ||
| Q3 25 | -6.4% | -33.9% | ||
| Q2 25 | 3.6% | -66.1% | ||
| Q1 25 | 1.1% | -57.3% | ||
| Q4 24 | 6.5% | -69.7% | ||
| Q3 24 | -4.3% | -149.9% | ||
| Q2 24 | -16.1% | -183.1% | ||
| Q1 24 | 22.8% | -169.3% |
| Q4 25 | 6.6% | 0.3% | ||
| Q3 25 | 7.7% | 1.9% | ||
| Q2 25 | 5.7% | 0.8% | ||
| Q1 25 | 4.3% | 8.2% | ||
| Q4 24 | 4.6% | 0.6% | ||
| Q3 24 | 6.2% | 2.3% | ||
| Q2 24 | 6.6% | 0.8% | ||
| Q1 24 | 5.0% | 1.0% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GAIA
| US | $16.7M | 65% |
| Non Us | $8.8M | 35% |
TLSI
Segment breakdown not available.
