AIRGAIN INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
AIRG$4.12-4.4%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| For the Years Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(8,688) | $(12,428) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 548 | 661 |
| Amortization of intangible assets | 3,029 | 2,969 |
| Stock-based compensation | 4,635 | 3,681 |
| Deferred tax liability | 11 | 12 |
| Amortization of prepaid assets | 132 | — |
| Changes in operating assets and liabilities: | ||
| Trade accounts receivable | (4,297) | 1,367 |
| Inventories | (1,549) | 1,823 |
| Prepaid expenses and other current assets | (316) | 822 |
| Other assets | 96 | 6 |
| Accounts payable | 2,928 | (93) |
| Accrued compensation | 668 | (1,253) |
| Accrued liabilities and other | (576) | (793) |
| Lease liabilities | (148) | (75) |
| Net cash used in operating activities | (3,527) | (3,301) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (178) | (346) |
| Net cash used in investing activities | (178) | (346) |
| Cash flows from financing activities: | ||
| Proceeds from at-the-market common stock offering, net of offering costs | 4,116 | — |
| Payments for withholding taxes related to net share settlement of equity awards | (94) | (690) |
| Issuance of shares for stock purchase and option plans | 279 | 232 |
| Net cash provided by (used in) financing activities | 4,301 | (458) |
| Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash | (7) | 3 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 589 | (4,102) |
| Cash, cash equivalents, and restricted cash; beginning of period | 7,976 | 12,078 |
| Cash, cash equivalents, and restricted cash; end of period | $8,565 | $7,976 |
| Supplemental disclosure of cash flow information: | ||
| Income taxes paid | $50 | $112 |
| Income taxes refunded | $67 | $— |
| Supplemental disclosure of non-cash investing and financing activities: | ||
| Operating lease liabilities resulting from right-of-use assets | $3,729 | $11 |
| Accrual of property and equipment | $— | $58 |
| Accrual of intellectual property | $581 | $— |
| Cash and cash equivalents | $8,510 | $7,881 |
| Restricted cash included in other assets | 55 | 95 |
| Total cash, cash equivalents, and restricted cash | $8,565 | $7,976 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.