Airgain, Inc. (AIRG)

Airgain Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	7.35	7.88	11.9	14.51	38.17	13.2
Short-Term Investments	-	-	-	-	-	21.69
Cash & Short-Term Investments	7.35	7.88	11.9	14.51	38.17	34.88
Cash Growth	-26.46%	-33.79%	-17.97%	-61.99%	9.43%	3.23%
Receivables	11.8	7.38	8.74	10.76	4.78	7.66
Inventory	2.62	2.4	4.23	8.95	1.02	1.19
Prepaid Expenses	1.5	1.42	2.28	1.27	1.46	1.36
Total Current Assets	23.27	19.08	27.15	35.49	45.43	45.09
Property, Plant & Equipment	3.07	3.9	4.98	5.48	2.38	2.13
Goodwill	10.85	10.85	10.85	10.85	3.7	3.7
Other Intangible Assets	6.01	8.23	11.2	14.23	3.17	3.8
Other Long-Term Assets	0.07	0.17	0.22	0.35	0.25	0.01
Total Assets	43.25	42.23	54.4	66.39	54.93	54.73
Accounts Payable	7.44	6.66	7.04	5.5	2.98	3.84
Accrued Expenses	3.81	2.1	4.03	3.63	3.5	2.73
Current Portion of Leases	0.85	0.87	0.9	0.84	-	-
Current Income Taxes Payable	-	0.15	0.17	0.26	0.18	0.07
Current Unearned Revenue	-	-	0.03	0.08	0.02	-
Other Current Liabilities	-	0.23	0.73	9.58	0.18	0.12
Total Current Liabilities	12.1	9.99	12.9	19.89	6.86	6.76
Long-Term Leases	0.18	0.67	1.54	2.22	-	-
Long-Term Deferred Tax Liabilities	0.16	0.15	0.14	0.11	0.06	0.05
Other Long-Term Liabilities	-	-	-	-	0.27	0.01
Total Liabilities	12.44	10.82	14.58	22.22	7.19	6.82
Common Stock	121.41	115.3	111.28	106.97	100.36	96.62
Retained Earnings	-85.25	-78.52	-66.09	-57.43	-47.35	-44.07
Treasury Stock	-5.36	-5.36	-5.36	-5.36	-5.27	-4.66
Comprehensive Income & Other	0.01	0	-	-	-	0.01
Total Common Equity	30.81	31.41	39.83	44.17	47.74	47.9
Shareholders' Equity	30.81	31.41	39.83	44.17	47.74	47.9
Total Liabilities & Equity	43.25	42.23	54.4	66.39	54.93	54.73
Total Debt	1.03	1.54	2.44	3.06	-	-
Net Cash (Debt)	6.32	6.34	9.46	11.45	38.17	34.88
Net Cash Growth	-22.98%	-32.98%	-17.35%	-70.01%	9.43%	3.23%
Net Cash Per Share	0.58	0.61	0.93	1.14	3.93	3.45
Filing Date Shares Outstanding	11.34	10.5	10.26	10.19	10.35	9.69
Total Common Shares Outstanding	11.34	10.47	10.23	10.1	9.78	9.68
Working Capital	11.17	9.09	14.25	15.6	38.58	38.33
Book Value Per Share	2.72	3.00	3.89	4.37	4.88	4.95
Tangible Book Value	13.96	12.33	17.78	19.1	40.87	40.41
Tangible Book Value Per Share	1.23	1.18	1.74	1.89	4.18	4.17
Machinery	-	6.66	6.31	5.76	4.87	4.32
Construction In Progress	-	0.05	0.02	0.04	0.12	0.02
Leasehold Improvements	-	0.85	0.85	0.93	0.93	0.91

Source: S&P Capital IQ. Standard template. Financial Sources.