Airgain Inc financial data

Symbol
AIRG on Nasdaq
Industry
Radio & Tv Broadcasting & Communications Equipment
Location
3611 Valley Centre Drive, Suite 150, San Diego, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 201 % -6.45%
Quick Ratio 29.2 % -37.3%
Debt-to-equity 34.4 % -2.38%
Return On Equity -38.2 % -56.5%
Return On Assets -28.4 % -57.5%
Operating Margin -23.6 % -76.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.3M shares +8.42%
Common Stock, Shares, Outstanding 11.3M shares +8.42%
Entity Public Float 56.2M USD -32.7%
Weighted Average Number of Shares Outstanding, Basic 10.9M shares +5.04%
Weighted Average Number of Shares Outstanding, Diluted 10.9M shares +5.04%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 53.2M USD -25.5%
Cost of Revenue 33.3M USD -26.7%
Research and Development Expense 11.7M USD +15%
Selling and Marketing Expense 8.46M USD -20.2%
General and Administrative Expense 12.3M USD -16.5%
Operating Income (Loss) -12.5M USD -31.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12.4M USD -30.4%
Income Tax Expense (Benefit) -58K USD -171%
Net Income (Loss) Attributable to Parent -12.3M USD -28.7%
Earnings Per Share, Basic -1.17 USD/shares -25.8%
Earnings Per Share, Diluted -1.17 USD/shares -25.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.42M USD -9.21%
Accounts Receivable, after Allowance for Credit Loss, Current 8.64M USD +0.19%
Inventory, Net 3.14M USD -34.5%
Assets, Current 21.3M USD -12.6%
Property, Plant and Equipment, Net 2.22M USD -12.7%
Operating Lease, Right-of-Use Asset 1.15M USD -36.8%
Intangible Assets, Net (Excluding Goodwill) 6.75M USD -30.5%
Goodwill 10.8M USD 0%
Other Assets, Noncurrent 164K USD -21.9%
Assets 42.4M USD -14.3%
Accounts Payable, Current 5.84M USD +3.27%
Contract with Customer, Liability, Current 30.2K USD
Liabilities, Current 10.3M USD -8.03%
Deferred Income Tax Liabilities, Net 170K USD +16.4%
Operating Lease, Liability, Noncurrent 370K USD -65.7%
Liabilities 10.8M USD -12.8%
Common Stocks, Including Additional Paid in Capital 120M USD +6.03%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1K USD
Retained Earnings (Accumulated Deficit) -83.5M USD -17.3%
Stockholders' Equity Attributable to Parent 31.6M USD -14.8%
Liabilities and Equity 42.4M USD -14.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.12M USD +22%
Net Cash Provided by (Used in) Financing Activities 469K USD
Net Cash Provided by (Used in) Investing Activities -60K USD +32.6%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 11.8M shares +8.01%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -712K USD +65.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.88M USD -33.8%
Deferred Tax Assets, Valuation Allowance 14.6M USD +22.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 16.9M USD +12.5%
Operating Lease, Liability 1.25M USD -37.5%
Depreciation 549K USD -17.3%
Payments to Acquire Property, Plant, and Equipment 60K USD -32.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -12.3M USD -28.7%
Lessee, Operating Lease, Liability, to be Paid 1.29M USD -38.1%
Property, Plant and Equipment, Gross 7.42M USD +1.95%
Operating Lease, Liability, Current 881K USD -4.34%
Lessee, Operating Lease, Liability, to be Paid, Year Two 36K USD -94.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 785K USD -13%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 7K USD +133%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 39K USD -55.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 687K USD -15.4%
Deferred Tax Assets, Operating Loss Carryforwards 5.85M USD +8.78%
Unrecognized Tax Benefits 1.35M USD +3.76%
Amortization of Intangible Assets 2.97M USD +1.92%
Deferred Tax Assets, Net of Valuation Allowance 2.34M USD -25.8%
Share-based Payment Arrangement, Expense 3.99M USD -10.9%