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 Statements of Operations
(In thousands, except per share data)
| Three months ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Sales | $14,231 | $16,444 |
| Cost of goods sold | 8,655 | 10,126 |
| Gross profit | 5,576 | 6,318 |
| Operating expenses: | ||
| Research and development | 3,120 | 2,449 |
| Sales and marketing | 2,158 | 2,866 |
| General and administrative | 2,927 | 3,793 |
| Total operating expenses | 8,205 | 9,108 |
| Loss from operations | (2,629) | (2,790) |
| Other (income) expense: | ||
| Interest income, net | (26) | (18) |
| Other (income) expense | (8) | 4 |
| Total other income | (34) | (14) |
| Loss before income taxes | (2,595) | (2,776) |
| Income tax (benefit) expense | (140) | 82 |
| Net loss | $(2,455) | $(2,858) |
| Net loss per share: | ||
| Basic | $(0.23) | $(0.28) |
| Diluted | $(0.23) | $(0.28) |
| Weighted average shares used in calculating loss per share: | ||
| Basic | 10,532 | 10,266 |
| Diluted | 10,532 | 10,266 |
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