AIRGAIN INC

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

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.

Jun 30, 2025 · Filed Aug 6, 2025

AIRG$4.12-4.4%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share data)

	Three months ended June 30,		Six months ended June 30,
	2025	2024	2025	2024
Sales	$13,623	$15,184	$25,636	$29,415
Cost of goods sold	7,784	9,036	14,637	17,691
Gross profit	5,839	6,148	10,999	11,724
Operating expenses:
Research and development	2,553	3,116	5,051	6,236
Sales and marketing	2,419	2,349	4,883	4,507
General and administrative	2,867	3,188	6,161	6,115
Total operating expenses	7,839	8,653	16,095	16,858
Loss from operations	(2,000)	(2,505)	(5,096)	(5,134)
Other income (expense):
Employee retention credit refund	495	—	1,989	—
Interest income, net	100	27	321	53
Other (expense) income, net	(56)	(1)	(197)	7
Total other income, net	539	26	2,113	60
Loss before income taxes	(1,461)	(2,479)	(2,983)	(5,074)
Income tax expense (benefit)	14	34	38	(106)
Net loss	$(1,475)	$(2,513)	$(3,021)	$(4,968)
Net loss per share:
Basic	$(0.12)	$(0.23)	$(0.26)	$(0.46)
Diluted	$(0.12)	$(0.23)	$(0.26)	$(0.46)
Weighted average shares used in calculating loss per share:
Basic	11,841	10,938	11,711	10,736
Diluted	11,841	10,938	11,711	10,736

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.