Airgain inc (AIRG)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Dec'15Dec'14
Assets
Current assets:
Cash and cash equivalents

22,533

13,197

12,871

13,641

11,747

13,621

13,064

13,259

15,462

15,026

18,165

36,582

41,859

45,161

16,826

5,260

5,335

3,590

Short term investments

11,016

21,686

21,001

20,572

21,137

20,169

18,765

18,817

17,515

21,287

18,463

-

-

-

-

-

-

-

Trade accounts receivable

7,016

7,656

8,564

9,722

7,980

7,013

7,388

6,854

8,180

8,418

7,708

8,097

7,512

5,154

5,766

4,620

3,731

3,512

Inventory

996

1,193

1,265

1,095

1,283

1,351

1,217

793

518

741

609

609

108

146

105

77

119

-

Prepaid expenses and other current assets

1,090

1,361

1,386

1,012

916

931

876

638

1,182

609

749

401

318

349

439

485

191

180

Total current assets

42,651

45,093

45,087

46,042

43,064

43,085

41,312

40,364

42,858

46,082

45,696

45,691

49,799

50,812

23,137

10,443

9,379

7,284

Property and equipment, net

2,140

2,126

1,791

1,707

1,382

1,401

1,366

1,423

1,418

1,036

1,069

1,157

812

807

945

843

1,026

1,352

Goodwill

3,700

3,700

3,700

3,700

3,700

3,700

3,700

3,700

3,700

3,700

4,080

2,740

1,249

1,249

1,249

1,249

1,249

-

Customer relationships, net

2,989

3,110

3,231

3,351

3,472

3,593

3,713

3,834

3,955

4,075

3,832

3,941

2,744

2,822

2,901

2,980

3,137

-

Intangible assets, net

644

687

730

773

815

859

906

955

1,003

1,052

1,100

2,406

268

286

305

319

345

-

Other assets

218

10

601

229

207

269

339

338

288

349

186

195

189

84

96

168

121

95

Total assets

52,342

54,726

55,140

55,802

52,643

52,907

51,338

50,615

53,224

56,297

55,965

56,132

55,063

56,063

28,635

16,004

15,260

8,733

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

3,568

3,838

4,447

5,537

4,640

4,137

3,879

3,975

4,215

3,969

3,947

4,153

3,992

3,949

4,183

3,706

2,873

2,413

Accrued bonus

411

1,385

1,402

908

463

2,076

2,378

1,498

718

2,224

1,665

1,198

599

1,748

1,142

796

1,335

819

Accrued liabilities

1,025

1,451

1,461

1,494

1,198

1,217

696

1,043

1,081

1,121

1,088

1,246

803

1,072

796

800

660

284

Deferred purchase price

-

-

-

-

-

-

-

-

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

-

Current portion of long-term notes payable

-

-

-

-

-

-

333

666

1,000

1,333

1,333

1,333

1,333

1,388

1,463

1,536

1,625

273

Current portion of deferred rent obligation under operating lease

42

85

127

71

81

81

81

81

81

81

81

81

81

81

81

81

81

81

Total current liabilities

5,046

6,759

7,437

8,010

6,383

7,511

7,369

7,265

8,097

9,730

9,116

9,013

7,811

9,239

8,666

7,921

7,576

3,871

Preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

709

809

Long-term notes payable

-

-

-

-

-

-

-

-

-

-

333

666

1,000

1,333

1,666

2,000

2,721

346

Deferred tax liability

52

52

38

30

43

38

29

27

10

7

73

27

16

6

7

-

-

-

Deferred rent obligation under operating lease

9

11

46

142

170

211

247

282

319

334

359

390

421

451

478

505

558

650

Total liabilities

5,107

6,822

7,521

8,182

6,597

7,760

7,646

7,575

8,427

10,072

9,883

10,098

9,248

11,031

10,819

10,426

11,566

5,678

Stockholders’ equity:
Common shares, par value $0.0001, 200,000 shares authorized; 10,185 shares issued and 9,697 shares outstanding at March 31, 2020; and 10,146 shares issued and 9,681 shares outstanding at December 31, 2019

1

1

1

1

1

1

0

0

0

0

0

0

0

0

0

1,166

1,094

1,017

Additional paid in capital

97,360

96,622

95,967

95,228

94,328

93,583

-

-

-

89,907

-

-

-

-

-

-

-

-

Additional paid in capital

-

-

-

-

-

-

93,060

92,335

90,370

-

89,553

89,269

88,980

88,582

62,540

-

-

-

Treasury stock, at cost: 489 shares and 465 shares at March 31, 2020, and December 31, 2019, respectively

4,849

4,659

4,231

3,625

3,624

3,432

3,093

2,580

2,037

1,257

468

-

-

-

-

-

-

-

Accumulated other comprehensive income (loss)

-7

8

13

12

-1

-11

-6

-9

-21

-16

-1

-

-

-

-

-

-

-

Note to employee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

266

Accumulated deficit

-45,270

-44,068

-44,131

-43,996

-44,657

-44,994

-46,268

-46,705

-43,515

-42,409

-43,001

-43,236

-43,165

-43,550

-44,725

-45,736

-46,475

-44,389

Total stockholders’ equity

47,235

47,904

47,619

47,620

46,045

45,147

43,692

43,040

44,797

46,224

46,082

46,034

45,815

45,032

17,815

-38,601

-39,412

-37,670

Commitments and contingencies (note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

Total liabilities and stockholders’ equity

52,342

54,726

55,140

55,802

52,643

52,907

51,338

50,615

53,224

56,297

55,965

56,132

55,063

56,063

28,635

16,004

15,260

8,733