AIRGAIN INC
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 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)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $7,346 | $7,881 |
| Trade accounts receivable, net | 11,800 | 7,375 |
| Inventories | 2,618 | 2,403 |
| Prepaid expenses and other current assets | 1,501 | 1,422 |
| Total current assets | 23,265 | 19,081 |
| Property and equipment, net | 2,128 | 2,507 |
| Leased right-of-use assets | 938 | 1,392 |
| Goodwill | 10,845 | 10,845 |
| Intangible assets, net | 6,009 | 8,234 |
| Other assets | 69 | 170 |
| Total assets | $43,254 | $42,229 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $7,438 | $6,472 |
| Accrued compensation | 1,760 | 728 |
| Accrued liabilities and other | 2,053 | 1,926 |
| Short-term lease liabilities | 848 | 865 |
| Total current liabilities | 12,099 | 9,991 |
| Deferred tax liability | 163 | 151 |
| Long-term lease liabilities | 181 | 674 |
| Total liabilities | 12,443 | 10,816 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 11,881 shares issued and 11,340 shares outstanding at September 30, 2024; and 11,010 shares issued and 10,469 shares outstanding at December 31, 2023. | 121,412 | 115,295 |
| Treasury stock, at cost: 541 shares at September 30, 2024 and December 31, 2023. | (5,364) | (5,364) |
| Accumulated deficit | (85,246) | (78,521) |
| Accumulated other comprehensive income | 9 | 3 |
| Total stockholders’ equity | 30,811 | 31,413 |
| Total liabilities and stockholders’ equity | $43,254 | $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.