AIRG · XBRL financial data

Airgain financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AIRG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	48,502	64,273	75,895	56,040	60,599	51,779
Cost of revenue	25,917	39,666	47,923	35,277	35,797	29,234
Cost of goods and services sold	200	444	500	400	500	200
Gross profit	22,585	24,607	27,972	20,763	24,802	22,545
Research and development	9,157	10,920	11,345	10,505	11,864	9,542
General and administrative	10,636	13,562	14,033	13,532	12,663	12,161
Total operating expenses	25,769	36,731	36,552	33,163	33,730	31,028
Operating income (loss)	(3,184)	(12,124)	(8,580)	(12,400)	(8,928)	(8,483)
Other income (expense)	178	(12)	5	100	88	2,130
Income tax expense (benefit)	273	(2,049)	84	128	(152)	73
Net income (loss)	(3,279)	(10,087)	(8,659)	(12,428)	(8,688)	(6,426)
Earnings per share, basic USD per share	(0.34)	(1.01)	(0.85)	(1.20)	(0.79)	(0.54)
Earnings per share, diluted USD per share	(0.34)	(1.01)	(0.85)	(1.20)	(0.79)	(0.54)
Weighted average shares, basic thousands of shares	9,714	10,019	10,190	10,392	11,053	11,840
Weighted average shares, diluted thousands of shares	9,714	10,019	10,190	10,392	11,053	11,840

Fiscal years (AIRG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	38,173	14,511	11,903	7,881	8,510	7,358
Short-term investments	0	—	—	—	—	—
Accounts receivable	4,782	10,757	8,741	7,375	11,671	12,775
Inventory	1,016	8,949	4,226	2,403	3,952	3,580
Prepaid and other current assets	1,462	1,272	2,284	1,422	1,698	—
Total current assets	45,433	35,489	27,154	19,081	25,831	25,758
Property and equipment, net	2,377	2,698	2,765	2,507	1,993	1,696
Right-of-use asset	0	2,777	2,217	1,392	3,901	4,166
Goodwill	3,700	10,845	10,845	10,845	10,845	10,845
Total assets	54,927	66,390	54,400	42,229	48,443	45,337
Accounts payable	2,975	5,474	6,507	6,472	9,499	9,214
Total current liabilities	6,856	19,887	12,900	9,991	13,501	12,982
Lease liability, non-current	0	2,221	1,536	674	3,810	3,880
Total liabilities	7,185	22,217	14,575	10,816	17,474	17,048
Accumulated deficit	(47,347)	(57,434)	(66,093)	(78,521)	(87,209)	(93,635)
Total stockholders' equity	47,742	44,173	39,825	31,413	30,969	28,289
Total liabilities and equity	54,927	66,390	54,400	42,229	48,443	45,337
Common shares outstanding (cover page) thousands of shares	10,352	10,187	10,265	10,505	11,559	12,224

Fiscal years (AIRG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(3,279)	(10,087)	(8,659)	(12,428)	(8,688)	(6,426)
Stock-based compensation	2,564	4,049	4,978	3,681	4,635	2,964
Net cash from operating activities	3,704	(11,170)	4,446	(3,301)	(3,527)	(1,113)
Purchases of property and equipment	727	736	763	346	178	166
Net cash from investing activities	20,886	(14,921)	(750)	(346)	(178)	(389)
Proceeds from issuing common stock	1,169	2,526	228	232	279	374
Share repurchases	608	97	0	—	—	—
Net cash from financing activities	561	2,429	(6,304)	(458)	4,301	350
Net change in cash	25,151	(23,662)	(2,608)	(4,102)	589	(1,152)

SIC 3663 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3663 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Airgain	7,611	13,698	(1,791)*	13.1M	4.2 quarters	Q2 FY26 10-QJun 30, 2026
Franklin Wireless	13,401	8,396*	(733)*	11.8M	43.6 quarters	Q4 FY26 10-KJun 30, 2026
AmpliTech Group	8,893	8,070	(5,538)*	30.0M	2.3 quarters	Q2 FY26 10-QJun 30, 2026
Knightscope	8,160	9,024	(11,495)*	not reported	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Parkervision	2,501	0	(886)*	148.2M	2.8 quarters	Q2 FY26 10-QJun 30, 2026
George Risk Industries	6,842	6,850	1,937	4.9M	—	Q1 FY27 10-QJul 31, 2026
Inseego	1,878	43,984	(23,777)*	16.4M	0.1 quarters	Q2 FY26 10-QJun 30, 2026
Rekor Systems	9,766	not reported	(2,387)*	137.6M	4.1 quarters	Q2 FY26 10-QJun 30, 2026
BK Technologies	29,917	not reported	627*	3.8M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.