Airgain inc (AIRG)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15Jun'15
Sales

11,216

13,027

13,142

14,462

15,108

16,560

15,787

14,972

13,305

-

12,448

13,013

-

-

-

-

-

-

-

Sales

-

-

-

-

-

-

-

-

-

-

-

-

11,252

-

12,439

9,856

8,512

6,668

6,058

Cost of goods sold

5,891

7,249

7,067

7,777

8,322

9,711

8,922

8,370

7,110

6,918

6,444

6,891

5,963

7,149

6,862

5,309

4,834

3,893

3,513

Gross profit

5,325

5,778

6,075

6,685

6,786

6,849

6,865

6,602

6,194

5,888

6,003

6,121

5,288

5,476

5,576

4,546

3,677

2,775

2,544

Operating expenses:
Research and development

2,418

2,045

2,403

2,203

2,338

2,156

2,475

2,418

2,269

1,808

2,094

1,819

1,596

1,525

1,432

1,342

1,321

1,075

1,057

Sales and marketing

1,539

1,072

1,461

2,229

2,274

1,892

2,161

4,095

2,884

1,783

1,809

1,792

1,628

1,592

1,453

1,383

1,241

940

922

General and administrative

2,678

2,751

2,416

1,757

1,995

1,680

1,922

3,738

2,204

1,826

1,899

2,637

1,638

1,227

1,459

846

998

830

737

Total operating expenses

6,635

5,868

6,280

6,189

6,607

5,730

6,558

10,251

7,357

5,418

5,803

6,248

4,862

4,345

4,345

3,572

3,560

2,846

2,717

Income (loss) from operations

-1,310

-90

-205

496

179

1,119

307

-3,649

-1,163

470

200

-127

425

1,131

1,230

974

116

-71

-173

Other expense (income):
Interest income

124

154

183

189

188

185

159

129

110

107

98

53

37

-

1

-

-

-

-

Interest expense

-

4

0

0

1

1

6

10

13

18

22

26

30

36

41

47

52

7

-

Interest expense, including amortization of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

Fair market value adjustment - warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-381

-78

-78

-15

Gain on deferred purchase price liability

-

-

-

-

-

-

-

389

-

-

-

-

-

-

-

-

-

-

-

Total other income

124

150

183

189

187

145

153

508

96

88

75

27

6

-30

-40

334

26

71

6

Income (loss) before income taxes

-1,186

60

-22

685

366

1,265

460

-3,141

-1,067

558

276

-99

431

1,100

1,190

1,308

143

0

-166

Provision for income taxes

16

-2

113

23

29

-9

23

49

38

-33

42

-29

46

-0

7

-3

4

-0

5

Net income (loss)

-1,202

62

-135

662

337

1,274

437

-3,190

-1,105

591

234

-70

385

1,100

1,183

1,311

139

0

-171

Accretion of dividends on preferred convertible stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

322

610

604

617

610

Net income (loss) attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

1,100

860

700

-464

-616

-781

Net income (loss) per share:
Basic

-0.12

0.01

-0.01

0.07

0.03

0.14

0.05

-0.34

-0.12

0.07

0.02

-0.01

0.04

0.17

0.21

0.97

-0.70

-0.93

-1.20

Diluted

-0.12

0.00

-0.01

0.07

0.03

0.15

0.04

-0.34

-0.12

0.06

0.02

-0.01

0.04

0.91

0.16

0.15

-0.82

-1.05

-1.22

Weighted average shares used in calculating income (loss) per share:
Basic

9,690

9,702

9,711

9,696

9,626

9,599

9,566

9,439

9,479

9,514

9,545

9,520

9,359

7,969

4,133

724

665

662

652

Diluted

9,690

10,588

9,711

10,127

9,961

9,072

10,093

9,439

9,479

11,552

10,169

9,520

10,201

6,835

6,689

4,479

665

662

652