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$4.12-4.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine months ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(6,725) | $(6,944) |
| Adjustments to reconcile net loss to net cash (used in) provided by operating activities: | ||
| Depreciation | 418 | 500 |
| Amortization of intangible assets | 2,233 | 2,227 |
| Stock-based compensation | 3,334 | 2,472 |
| Deferred tax liability | 12 | 7 |
| Amortization of prepaid assets | 132 | — |
| Changes in operating assets and liabilities: | ||
| Trade accounts receivable | (4,426) | 2,469 |
| Inventories | (214) | 276 |
| Prepaid expenses and other current assets | (119) | 203 |
| Other assets | 101 | 6 |
| Accounts payable | 965 | (1,100) |
| Accrued compensation | 707 | (1,338) |
| Accrued liabilities and other | 138 | (102) |
| Lease liabilities | (57) | (40) |
| Net cash used in operating activities | (3,501) | (1,364) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (177) | (172) |
| Net cash used in investing activities | (177) | (172) |
| Cash flows from financing activities: | ||
| Proceeds from at-the-market common stock offering, net of offering costs | 3,006 | — |
| Payments for withholding taxes related to net share settlement of equity awards | (95) | (690) |
| Proceeds from employee stock purchase and option exercises | 187 | 232 |
| Net cash provided by (used in) financing activities | 3,098 | (458) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 5 | — |
| Net decrease in cash, cash equivalents and restricted cash | (575) | (1,994) |
| Cash, cash equivalents, and restricted cash; beginning of period | 7,976 | 12,078 |
| Cash, cash equivalents, and restricted cash; end of period | $7,401 | $10,084 |
| Supplemental disclosure of cash flow information: | ||
| Income taxes paid | $42 | $78 |
| Income taxes refunded | $50 | $— |
| Supplemental disclosure of non-cash investing and financing activities: | ||
| Operating lease liabilities resulting from right-of-use assets | $179 | $11 |
| Accrual of property and equipment | $— | $17 |
| Cash, cash equivalents, and restricted cash: | ||
| Cash and cash equivalents | $7,346 | $9,989 |
| Restricted cash included in prepaid expenses and other current assets and other assets long term | $55 | $95 |
| Total cash, cash equivalents, and restricted cash | $7,401 | $10,084 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.