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 - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 192 % -13.3%
Quick Ratio 24.4 % -38.1%
Debt-to-equity 37.3 % +13.4%
Return On Equity -39.3 % -45.9%
Return On Assets -28.6 % -41.2%
Operating Margin -22.4 % -44.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.3M shares +8.63%
Common Stock, Shares, Outstanding 11.3M shares +8.58%
Entity Public Float 56.2M USD -32.7%
Weighted Average Number of Shares Outstanding, Basic 11.3M shares +8.49%
Weighted Average Number of Shares Outstanding, Diluted 11.3M shares +8.49%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 55.6M USD -15.6%
Cost of Revenue 34.2M USD -18.8%
Research and Development Expense 12.3M USD +28%
Selling and Marketing Expense 9.15M USD -3.62%
General and Administrative Expense 12.4M USD -16.4%
Operating Income (Loss) -12.4M USD -22.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12.3M USD -21.5%
Income Tax Expense (Benefit) -101K USD -397%
Net Income (Loss) Attributable to Parent -12.2M USD -20.1%
Earnings Per Share, Basic -1.15 USD/shares -17.3%
Earnings Per Share, Diluted -1.15 USD/shares -17.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.35M USD -26.5%
Accounts Receivable, after Allowance for Credit Loss, Current 11.8M USD +88.1%
Inventory, Net 2.62M USD -33.7%
Assets, Current 23.3M USD +4.55%
Property, Plant and Equipment, Net 2.13M USD -13.3%
Operating Lease, Right-of-Use Asset 938K USD -41.5%
Intangible Assets, Net (Excluding Goodwill) 6.01M USD -33.1%
Goodwill 10.8M USD 0%
Other Assets, Noncurrent 69K USD -59.4%
Assets 43.3M USD -6.58%
Accounts Payable, Current 7.44M USD +37.1%
Contract with Customer, Liability, Current 29K USD
Liabilities, Current 12.1M USD +27.2%
Deferred Income Tax Liabilities, Net 163K USD +12.4%
Operating Lease, Liability, Noncurrent 181K USD -79.4%
Liabilities 12.4M USD +18.1%
Common Stocks, Including Additional Paid in Capital 121M USD +6.35%
Accumulated Other Comprehensive Income (Loss), Net of Tax 9K USD
Retained Earnings (Accumulated Deficit) -85.2M USD -16.7%
Stockholders' Equity Attributable to Parent 30.8M USD -13.9%
Liabilities and Equity 43.3M USD -6.58%

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 11.9M shares +8.16%
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 1.03M USD -42.4%
Depreciation 449K USD -32.4%
Payments to Acquire Property, Plant, and Equipment 60K USD -32.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -12.2M USD -20%
Lessee, Operating Lease, Liability, to be Paid 1.07M USD -42.6%
Property, Plant and Equipment, Gross 7.47M USD +1.68%
Operating Lease, Liability, Current 848K USD -6.71%
Lessee, Operating Lease, Liability, to be Paid, Year Two 36K USD -94.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 786K USD -12.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +26.3%
Deferred Income Tax Expense (Benefit) 7K USD +133%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 26K USD -62.9%
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 +5.55%
Deferred Tax Assets, Net of Valuation Allowance 2.34M USD -25.8%
Share-based Payment Arrangement, Expense 4.54M USD +17.2%