. com ' s ▁annual ▁advert ising ▁re venue ▁to ▁be ▁at ▁least ▁$ 1 ▁million , ▁and ▁possibly ▁over ▁$ 2 ▁million ▁a ▁year . ▁Com b ined ▁with ▁low ▁operating ▁costs — most ly ▁web ▁hosting ▁fe es ▁and ▁writer ▁sal aries — D ent on ▁was ▁believed ▁to ▁be ▁turning ▁a ▁health y ▁profit ▁by ▁ 2 0 0 6 . ▁In ▁ 2 0 1 5 , ▁G aw ker ▁Media ▁L LC ▁released ▁its ▁aud ited ▁re venue ▁for ▁the ▁past ▁five ▁years . ▁In ▁ 2 0 1 0 , ▁its ▁re venue ▁was ▁$ 2 0 ▁million ▁and ▁operating ▁income ▁of ▁$ 2 . 6 ▁million . ▁G aw ker ▁Media ' s ▁reven ues ▁stead ily ▁increased ▁through ▁ 2 0 1 4 ▁and ▁its ▁aud ited ▁re venue ▁for ▁ 2 0 1 4 ▁was ▁$ 4 5 ▁million ▁with ▁$ 6 . 5 ▁million ▁operating ▁income . ▁Business ▁Ins ider ▁val ued ▁the ▁company ▁at ▁$ 2 5 0 ▁million ▁based ▁upon ▁its ▁ 2 0 1 4 ▁re venue . ▁In ▁early ▁ 2 0 1 5 , ▁D ent on ▁stated ▁that ▁he ▁planned ▁to ▁raise ▁$ 1 5 ▁million ▁in ▁deb t ▁from ▁various ▁banks ▁so ▁as ▁not ▁to ▁dil ute ▁his ▁equ ity ▁st ake ▁in ▁the ▁company ▁by ▁accepting ▁invest ments ▁from ▁vent ure ▁capital ▁fir ms . ▁ ▁In ▁June ▁ 2 0 1 6 , ▁G aw ker ▁Media ▁revealed ▁its ▁corpor ate ▁fin ances ▁in