Gaia Inc

After a brief tactical pause, the decline has reasserted itself under Stage 4 markdown conditions. Price continues to form lower highs and lower lows and is consistently rejected at the declining 9/21 EMAs, confirming medium-term bearish control. The long-term uptrend remains intact, but oversold conditions have failed to produce a reliable reversal. Short-term execution favors selling on rallies into the EMA resistance zone as the downtrend extends.

• ↑Q4 2025 revenue rose 11% YoY to $25.5M on higher ARPU
• ↑Free cash flow of $4.9M marks ninth consecutive positive quarter
• ↓Very low earnings yield and weak profitability raise return concerns