Airgain Inc financial data

Symbol
AIRG on Nasdaq
Industry
Radio & Tv Broadcasting & Communications Equipment
Location
3611 Valley Centre Drive, Suite 150, San Diego, California
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 204 % -3.14%
Quick Ratio 32.4 % -36%
Debt-to-equity 34.2 % -7.15%
Return On Equity -35.7 % -61.1%
Return On Assets -26.6 % -64.2%
Operating Margin -22.7 % -90.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.8M shares +4.99%
Common Stock, Shares, Outstanding 10.8M shares +3.4%
Entity Public Float 56.2M USD -32.7%
Weighted Average Number of Shares Outstanding, Basic 10.5M shares +2.59%
Weighted Average Number of Shares Outstanding, Diluted 10.5M shares +2.59%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 53.8M USD -28.1%
Cost of Revenue 33.8M USD -29.1%
Research and Development Expense 11.2M USD +5.91%
Selling and Marketing Expense 8.42M USD -24.7%
General and Administrative Expense 12.7M USD -11.7%
Operating Income (Loss) -12.2M USD -36.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12.1M USD -35.9%
Income Tax Expense (Benefit) -94K USD -216%
Net Income (Loss) Attributable to Parent -12M USD -33.7%
Earnings Per Share, Basic -1.15 USD/shares -30.7%
Earnings Per Share, Diluted -1.15 USD/shares -30.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.17M USD -27.1%
Accounts Receivable, after Allowance for Credit Loss, Current 9.64M USD +18.4%
Inventory, Net 2.59M USD -42.2%
Assets, Current 20.8M USD -14%
Property, Plant and Equipment, Net 2.31M USD -14.1%
Operating Lease, Right-of-Use Asset 1.18M USD -41.6%
Intangible Assets, Net (Excluding Goodwill) 7.49M USD -28.4%
Goodwill 10.8M USD 0%
Other Assets, Noncurrent 155K USD -28.2%
Assets 42.8M USD -15.1%
Accounts Payable, Current 7.16M USD +6.11%
Contract with Customer, Liability, Current 10.6M USD
Liabilities, Current 11.7M USD +9.3%
Deferred Income Tax Liabilities, Net 158K USD +11.3%
Operating Lease, Liability, Noncurrent 476K USD -64%
Liabilities 12.3M USD +1.34%
Common Stocks, Including Additional Paid in Capital 117M USD +3.76%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1K USD
Retained Earnings (Accumulated Deficit) -81M USD -17.4%
Stockholders' Equity Attributable to Parent 30.5M USD -20.3%
Liabilities and Equity 42.8M USD -15.1%

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 11.3M shares +3.22%
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 1.32M USD -40.1%
Depreciation 649K USD -2.26%
Payments to Acquire Property, Plant, and Equipment 60K USD -32.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -12M USD -33.7%
Lessee, Operating Lease, Liability, to be Paid 1.36M USD -41.4%
Property, Plant and Equipment, Gross 7.36M USD +1.69%
Operating Lease, Liability, Current 848K USD -4.61%
Lessee, Operating Lease, Liability, to be Paid, Year Two 687K USD -24%
Lessee, Operating Lease, Liability, to be Paid, Year One 687K USD -24%
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 40K USD -64%
Lessee, Operating Lease, Liability, to be Paid, Year Three 687K USD -15.4%
Deferred Tax Assets, Operating Loss Carryforwards 5.85M USD +8.78%
Deferred Federal Income Tax Expense (Benefit) 9K USD -10%
Current Income Tax Expense (Benefit) 116K USD +115%
Unrecognized Tax Benefits 1.35M USD +3.76%
Current State and Local Tax Expense (Benefit) 16K USD -33.3%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 2.97M USD -1.46%
Deferred Tax Assets, Net of Valuation Allowance 2.34M USD -25.8%
Share-based Payment Arrangement, Expense 3.75M USD -20.6%
Deferred State and Local Income Tax Expense (Benefit) 3K USD -85%