AIRGAIN INC
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
AIRG$4.31+6.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except par value)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $7,169 | $7,881 |
| Trade accounts receivable, net | 9,644 | 7,375 |
| Inventories | 2,588 | 2,403 |
| Prepaid expenses and other current assets | 1,419 | 1,422 |
| Total current assets | 20,820 | 19,081 |
| Property and equipment, net | 2,305 | 2,507 |
| Leased right-of-use assets | 1,180 | 1,392 |
| Goodwill | 10,845 | 10,845 |
| Intangible assets, net | 7,493 | 8,234 |
| Other assets | 155 | 170 |
| Total assets | $42,798 | $42,229 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $7,156 | $6,472 |
| Accrued compensation | 799 | 728 |
| Accrued liabilities and other | 2,848 | 1,926 |
| Short-term lease liabilities | 848 | 865 |
| Total current liabilities | 11,651 | 9,991 |
| Deferred tax liability | 158 | 151 |
| Long-term lease liabilities | 476 | 674 |
| Total liabilities | 12,285 | 10,816 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 11,302 shares issued and 10,761 shares outstanding at March 31, 2024; and 11,010 shares issued and 10,469 shares outstanding at December 31, 2023. | 116,852 | 115,295 |
| Treasury stock, at cost: 541 shares at March 31, 2024 and December 31, 2023. | (5,364) | (5,364) |
| Accumulated deficit | (80,976) | (78,521) |
| Accumulated other comprehensive income | 1 | 3 |
| Total stockholders’ equity | 30,513 | 31,413 |
| Total liabilities and stockholders’ equity | $42,798 | $42,229 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.