Overview
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- TickerAIRG on Nasdaq1
- IndustryRadio & Tv Broadcasting & Communications Equipment1
- HeadquartersSan Diego, California1
- Business address3611 Valley Centre Drive, Suite 150, San Diego, Ca 921302
- Filer categoryNon-accelerated filer, Smaller reporting company2
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Headquartered in San Diego, California, Airgain, Inc. (NASDAQ: AIRG) is a leading provider of advanced wireless connectivity solutions. We are focused on delivering high-performance, cost-effective, and energy-efficient wireless solutions that enable rapid market deployment. Our mission is to connect the world through integrated, innovative, and optimized wireless solutions. Our diverse product portfolio serves three primary markets: enterprise, automotive, and consumer. While historically recognized for high-performance radio frequency (RF) components, Airgain is increasingly delivering integrated, system-level connectivity solutions that combine hardware, software and cloud management.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
China Including Hong Kong and Taiwan brought in 36% of the revenue AIRGAIN INC broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| China Including Hong Kong and Taiwan | $22.4M | $26.9M |
| North America | $35.9M | $23.9M |
| United States | $35.9M | $23.9M |
| Other Countries | $2.3M | $957.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue56¢$29.2M
- Research and development18¢$9.5M
- Other costs25¢$12.9M
- Income tax0¢$73.0K
Out of $51.8M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Sales | $51.8M | $60.6M |
| Cost of goods sold | $29.2M | $35.8M |
| Gross profit | $22.5M | $24.8M |
| Research and development | $9.5M | $11.9M |
| Sales and marketing | $9.3M | $9.2M |
| General and administrative | $12.2M | $12.7M |
| Total operating expenses | $31.0M | $33.7M |
| Loss from operations | -$8.5M | -$8.9M |
| Employee retention credit refund | $2.0M | $0 |
| Interest income, net | $351.0K | $115.0K |
| Other (expense), net | -$210.0K | -$27.0K |
| Total other income, net | $2.1M | $88.0K |
| Loss before income taxes | -$6.4M | -$8.8M |
| Income tax expense (benefit) | $73.0K | -$152.0K |
| Net loss | -$6.4M | -$8.7M |
| Basic | -$0.54 | -$0.79 |
| Diluted | -$0.54 | -$0.79 |
| Basic | 11.8M shares | 11.1M shares |
| Diluted | 11.8M shares | 11.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $7.4M | $8.5M | |
| Trade accounts receivable, net | $12.8M | $11.7M | |
| Inventories | $3.6M | $4.0M | |
| Prepaid expenses | $868.0K | $1.2M | |
| Other current assets | $1.2M | $532.0K | |
| Total current assets | $25.8M | $25.8M | |
| Property and equipment, net | $1.7M | $2.0M | |
| Operating lease right-of-use assets | $4.2M | $3.9M | |
| Goodwill | $10.8M | $10.8M | |
| Intangible assets, net | $2.8M | $5.8M | |
| Other assets | $85.0K | $74.0K | |
| Total assets | $45.3M | $48.4M | |
| Accounts payable | $9.2M | $9.5M | |
| Accrued compensation | $1.2M | $2.0M | |
| Accrued liabilities and other | $1.8M | $1.9M | |
| Short-term lease liabilities | $821.0K | $89.0K | |
| Total current liabilities | $13.0M | $13.5M | |
| Deferred tax liability | $186.0K | $163.0K | |
| Long-term lease liabilities | $3.9M | $3.8M | |
| Total liabilities | $17.0M | $17.5M | |
| Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 12,666 shares issued and 12,125 shares outstanding at December 31, 2025; and 12,070 shares issued and 11,529 shares outstanding at December 31, 2024 | $127.3M | $123.5M | |
| Treasury stock, at cost: 541 shares at December 31, 2025 and 2024 | -$5.4M | -$5.4M | |
| Accumulated deficit | -$93.6M | -$87.2M | |
| Accumulated other comprehensive loss | -$4.0K | -$4.0K | |
| Total stockholders' equity | $28.3M | $31.0M | $31.4M |
| Total liabilities and stockholders' equity | $45.3M | $48.4M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 12.7M shares | 12.1M shares | |
| Common stock, shares outstanding | 12.1M shares | 11.5M shares | |
| Treasury stock, shares at cost | -541.0K shares | -541.0K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $7.4M | $8.5M | |
| Trade accounts receivable, net | $12.8M | $11.7M | |
| Inventories | $3.6M | $4.0M | |
| Prepaid expenses | $868.0K | $1.2M | |
| Other current assets | $1.2M | $532.0K | |
| Total current assets | $25.8M | $25.8M | |
| Property and equipment, net | $1.7M | $2.0M | |
| Operating lease right-of-use assets | $4.2M | $3.9M | |
| Goodwill | $10.8M | $10.8M | |
| Intangible assets, net | $2.8M | $5.8M | |
| Other assets | $85.0K | $74.0K | |
| Total assets | $45.3M | $48.4M | |
| Accounts payable | $9.2M | $9.5M | |
| Accrued compensation | $1.2M | $2.0M | |
| Accrued liabilities and other | $1.8M | $1.9M | |
| Short-term lease liabilities | $821.0K | $89.0K | |
| Total current liabilities | $13.0M | $13.5M | |
| Deferred tax liability | $186.0K | $163.0K | |
| Long-term lease liabilities | $3.9M | $3.8M | |
| Total liabilities | $17.0M | $17.5M | |
| Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 12,666 shares issued and 12,125 shares outstanding at December 31, 2025; and 12,070 shares issued and 11,529 shares outstanding at December 31, 2024 | $127.3M | $123.5M | |
| Treasury stock, at cost: 541 shares at December 31, 2025 and 2024 | -$5.4M | -$5.4M | |
| Accumulated deficit | -$93.6M | -$87.2M | |
| Accumulated other comprehensive loss | -$4.0K | -$4.0K | |
| Total stockholders' equity | $28.3M | $31.0M | $31.4M |
| Total liabilities and stockholders' equity | $45.3M | $48.4M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 12.7M shares | 12.1M shares | |
| Common stock, shares outstanding | 12.1M shares | 11.5M shares | |
| Treasury stock, shares at cost | -541.0K shares | -541.0K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$6.4M | -$8.7M |
| Depreciation | $463.0K | $548.0K |
| Amortization of intangible assets | $3.2M | $3.0M |
| Stock-based compensation | $3.0M | $4.6M |
| Deferred tax liability | $23.0K | $11.0K |
| Amortization of prepaid assets | $0 | $132.0K |
| Trade accounts receivable | -$1.1M | -$4.3M |
| Inventories | $372.0K | -$1.5M |
| Prepaid expenses and other current assets | -$346.0K | -$316.0K |
| Other assets | -$12.0K | $96.0K |
| Accounts payable | -$285.0K | $2.9M |
| Accrued compensation | -$508.0K | $668.0K |
| Accrued liabilities and other | -$26.0K | -$576.0K |
| Lease liabilities | $537.0K | -$148.0K |
| Net cash used in operating activities | -$1.1M | -$3.5M |
| Purchases of property and equipment | -$166.0K | -$178.0K |
| Purchases of intellectual property | -$223.0K | $0 |
| Net cash used in investing activities | -$389.0K | -$178.0K |
| Proceeds from at-the-market common stock offering, net of offering costs | $167.0K | $4.1M |
| Payments for withholding taxes related to net share settlement of equity awards | -$191.0K | -$94.0K |
| Issuance of shares for stock purchase and option plans | $374.0K | $279.0K |
| Net cash provided by financing activities | $350.0K | $4.3M |
| Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash | $0 | -$7.0K |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -$1.2M | $589.0K |
| Income taxes refunded, net | $17.0K | |
| Income taxes (paid), net | -$55.0K | $17.0K |
| Operating lease liabilities resulting from right-of-use assets | $912.0K | $3.7M |
| Accrual of intellectual property | $0 | $581.0K |
No quarter-by-quarter statement was filed.
Corporate structure
AIRGAIN INC sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of AIRGAIN INC
- Jacob Suen Filed SCHEDULE 13G/A on AIRGAIN INC, latest May 15, 2026 (2 filings since Nov 14, 2025)
- Timothy M. O'Connell Filed SCHEDULE 13D on AIRGAIN INC, latest Mar 19, 2026
- BLAIR WILLIAM & CO/IL Filed SCHEDULE 13G/A on AIRGAIN INC, latest Nov 14, 2025 (4 filings since Feb 11, 2022)
- First Eagle Investment Management, LLC Filed SCHEDULE 13G/A on AIRGAIN INC, latest May 14, 2025 (2 filings since Nov 12, 2024)
- VANGUARD GROUP INC Filed SC 13G/A on AIRGAIN INC, latest Nov 12, 2024 (4 filings since Feb 9, 2022)
- Ameriprise Financial Filed SC 13G/A on AIRGAIN INC, latest Feb 14, 2024 (2 filings since Feb 14, 2023)
- James K. Sims Filed SC 13G/A on AIRGAIN INC, latest Feb 14, 2024 (2 filings since Mar 2, 2022)
- Marathon Micro Fund, LP Filed SC 13G on AIRGAIN INC, latest Dec 15, 2023
- Granahan Investment Management, LLC Filed SC 13G/A on AIRGAIN INC, latest Dec 7, 2023 (2 filings since Feb 14, 2023)
- Orin Hirschman Filed SC 13G/A on AIRGAIN INC, latest Dec 4, 2023 (3 filings since May 24, 2022)
- NORTH RUN CAPITAL, LP Filed SC 13G/A on AIRGAIN INC, latest Feb 13, 2023 (2 filings since Feb 14, 2022)
- RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on AIRGAIN INC, latest Feb 10, 2022
- AIRGAIN INC San Diego, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What AIRGAIN INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $7.6M4 Dec 31, 2025 | $7.5M4 Dec 31, 2024 | +1.6% |
| Accumulated depreciation | $5.9M4 Dec 31, 2025 | $5.5M4 Dec 31, 2024 | +7.6% |
| Property and equipment, net | $1.7M4 Dec 31, 2025 | $2.0M4 Dec 31, 2024 | −14.9% |
| Operating-lease assets (leased space) | $4.2M4 Dec 31, 2025 | $3.9M4 Dec 31, 2024 | +6.8% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $10.8M4 Dec 31, 2025 | $10.8M4 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $2.8M4 Dec 31, 2025 | $5.8M4 Dec 31, 2024 | −51.9% |
| Finite-lived intangibles, gross | $20.9M4 Dec 31, 2025 | $20.7M4 Dec 31, 2024 | +1.1% |
| Accumulated amortization | $18.1M4 Dec 31, 2025 | $14.9M4 Dec 31, 2024 | +21.7% |
| Finite-lived intangibles, net | $2.8M4 Dec 31, 2025 | $5.8M4 Dec 31, 2024 | −51.9% |
Inventory
Properties, in its own words
Our corporate headquarters occupy approximately 11,200 square feet in San Diego, California, under a lease that expires in September 2031. Our NimbeLink facility, located in Plymouth, Minnesota, occupies 3,800 square feet under a lease that expires in June 2031. We utilize a 5,200 square foot research, development, and test facility in Scottsdale, Arizona, under a lease that expires in October 2029. We utilize a 3,000 square foot warehouse in Scottsdale, Arizona, under a lease that expires in February 2028. For testing services, we lease a 4,100 square foot property in Vero Beach, Florida, and a 3,500 square foot property in Jonestown, Texas.
We lease an office space in four locations outside of the United States including leases in Shenzhen, China; Jiangsu Province, China; Zhubei City, Taiwan; and Cambridge, United Kingdom.
The rest of Item 2
We believe our facilities are suitable and sufficient to meet our current operating needs.
Item 2 of the 10-K filed Feb 26, 2026.3
Leadership
Who has led AIRGAIN INC, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerJacob Suen Aug 14, 2019 to now12
- Chief executive officerJames K. Sims May 10, 2018 to Jul 17, 201913
- Chief executive officerCharles A. Myers Aug 11, 2016 to Mar 9, 201814
- PresidentJacob Suen Jan 18, 2019 to now15
- PresidentCharles A. Myers Aug 11, 2016 to Mar 9, 201814
- Chief financial officerMichael Elbaz Oct 19, 2022 to now16
- Chief financial officerDavid Lyle Jan 13, 2020 to Feb 3, 202217
- Chief financial officerAnil Doradla Feb 12, 2018 to Nov 27, 201918
- Chief financial officerLeonard Johnson Aug 11, 2016 to Apr 27, 201719
- Chief operating officerGlenn Selbo Aug 11, 2016 to Dec 8, 201720
Board members and other officers (14)
- Chief Technology OfficerAli Sadri Feb 3, 2022 to now21
- SVP, Global Prod. & MarketingMorad Sbahi Feb 23, 2021 to Mar 17, 202322
- Sr. VP, EngineeringKevin Thill Jan 18, 2019 to Mar 3, 202123
- Sr. VP, Worldwide SalesJacob Suen Apr 27, 2017 to May 18, 201824
- Board memberKiva A. Allgood Jul 19, 2021 to now25
- Board memberJacob Suen Jan 17, 2020 to now26
- Board memberT. J. Chung Nov 7, 2018 to now27
- Board memberArthur M. Toscanini Aug 11, 2016 to now28
- Board memberCharles A. Myers Aug 11, 2016 to Mar 9, 201814
- Board memberFrances Kordyback Aug 11, 2016 to Feb 5, 201929
- Board memberFrancis X. Egan Aug 11, 2016 to Sep 13, 201730
- Board memberJames K. Sims Aug 11, 2016 to now31
- Board memberThomas A. Munro Aug 11, 2016 to now32
- Board memberJoan H. Gillman Nov 9, 2016 to now33
Timeline
- Oct 1, 20268-K Executive or director change34
- Aug 5, 20268-K Results of operations35
- Jun 11, 20268-K Shareholder vote36
- May 6, 20268-K Results of operations37
- Apr 21, 20268-K Executive or director change38
- Feb 26, 20268-K Results of operations39
- Nov 12, 20258-K Results of operations40
- Aug 6, 20258-K Results of operations41
- Jul 16, 20258-K Executive or director change42
- Jun 13, 20258-K Shareholder vote43
- May 7, 20258-K Results of operations44
- Feb 27, 20258-K Results of operations45
- Aug 14, 2019New chief executive Jacob Suen becomes CEO12
- May 10, 2018New chief executive James K. Sims becomes CEO13
- Aug 11, 2016New chief executive Charles A. Myers becomes CEO14
Calendar
Coming up
- Nov 10, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported ($0.02) a share, on Nov 12, 2025.46
When it reported results
- Aug 5, 2026Reported quarterly or annual results35
- May 6, 2026Reported quarterly or annual results37
- Feb 26, 2026Reported quarterly or annual results39
- Nov 12, 2025Reported quarterly or annual results40
- Aug 6, 2025Reported quarterly or annual results41
- May 7, 2025Reported quarterly or annual results44
- Feb 27, 2025Reported quarterly or annual results45
- Jan 27, 2025Reported quarterly or annual results47
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
317 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 40 major events, 166 insider forms, 27 large holders, 64 other. The latest 20:
- Oct 5, 20264 EDGAR
- Oct 5, 20263 EDGAR
- Oct 1, 20268-K EDGAR
- Sep 4, 20264 EDGAR
- Sep 3, 2026144 EDGAR
- Sep 2, 20264 EDGAR
- Aug 6, 2026S-8 EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Aug 4, 20264 EDGAR
- Aug 4, 20264 EDGAR
- Jul 10, 2026144 EDGAR
- Jun 17, 2026144 EDGAR
- Jun 16, 2026144 EDGAR
- Jun 15, 2026144 EDGAR
- Jun 12, 2026144 EDGAR
- Jun 11, 20268-K EDGAR
- Jun 3, 2026144 EDGAR
- Jun 2, 2026144 EDGAR
- Jun 2, 20264 EDGAR
The 317 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
71 open-market trades by officers, directors and large owners since October 2021: 20 buys and 51 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 3, 2026 | SUEN JACOBPresident and CEO | Sale | 1,000 | $5.20 | $5.2K | Form 4 |
| Sep 1, 2026 | SIMS JAMES KDirector | Buy | 8,269 | $5.11 | $42.3K | Form 4 |
| Aug 31, 2026 | SIMS JAMES KDirector | Buy | 6,731 | $5.31 | $35.7K | Form 4 |
| Jun 1, 2026 | SUEN JACOBPresident and CEO | Sale | 1,000 | $7.04 | $7.0K | Form 4 |
| May 13, 2026 | SUEN JACOBPresident and CEO | Sale | 4,573 | $6.51 | $29.8K | Form 4 |
| May 13, 2026 | Elbaz MichaelChief Financial Officer | Sale | 3,787 | $6.77 | $25.6K | Form 4 |
| May 12, 2026 | Elbaz MichaelChief Financial Officer | Sale | 1,487 | $6.98 | $10.4K | Form 4 |
| May 1, 2026 | SUEN JACOBPresident and CEO | Sale | 1,000 | $7.03 | $7.0K | Form 4 |
| Apr 17, 2026 | Sadri AliFormer CTO | Sale | 1,000 | $6.21 | $6.2K | Form 4 |
| Apr 1, 2026 | SUEN JACOBPresident and CEO | Sale | 1,000 | $5.51 | $5.5K | Form 4 |
| Mar 23, 2026 | SUEN JACOBPresident and CEO | Sale | 1,000 | $5.00 | $5.0K | Form 4 |
| Mar 23, 2026 | Sadri AliFormer CTO | Sale | 1,000 | $5.00 | $5.0K | Form 4 |
| Mar 20, 2026 | Elbaz MichaelChief Financial Officer | Sale | 12,769 | $4.12 | $52.6K | Form 4 |
| Mar 20, 2026 | SUEN JACOBPresident and CEO | Sale | 37,314 | $4.12 | $153.7K | Form 4 |
| Mar 20, 2026 | Sadri AliFormer CTO | Sale | 13,638 | $4.12 | $56.2K | Form 4 |
| Mar 4, 2026 | Sadri AliFormer CTO | Sale | 1,228 | $4.16 | $5.1K | Form 4 |
| Mar 4, 2026 | SUEN JACOBPresident and CEO | Sale | 3,704 | $4.16 | $15.4K | Form 4 |
| Feb 17, 2026 | Sadri AliFormer CTO | Sale | 1,000 | $5.28 | $5.3K | Form 4 |
| Feb 10, 2026 | SUEN JACOBPresident and CEO | Sale | 888 | $5.07 | $4.5K | Form 4 |
| Feb 10, 2026 | Sadri AliFormer CTO | Sale | 881 | $5.24 | $4.6K | Form 4 |
All 71 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Jacob SuenSCHEDULE 13G/A, 2 filings Nov 14, 2025 to May 15, 202648
- Timothy M. O'ConnellSCHEDULE 13D, 1 filing Mar 19, 202649
- BLAIR WILLIAM & CO/ILSCHEDULE 13G/A, 4 filings Feb 11, 2022 to Nov 14, 202550
- First Eagle Investment Management, LLCSCHEDULE 13G/A, 2 filings Nov 12, 2024 to May 14, 202551
- VANGUARD GROUP INCSC 13G/A, 4 filings Feb 9, 2022 to Nov 12, 202452
- Ameriprise FinancialSC 13G/A, 2 filings Feb 14, 2023 to Feb 14, 202453
- James K. SimsSC 13G/A, 2 filings Mar 2, 2022 to Feb 14, 202454
- Marathon Micro Fund, LPSC 13G, 1 filing Dec 15, 202355
- Granahan Investment Management, LLCSC 13G/A, 2 filings Feb 14, 2023 to Dec 7, 202356
- Orin HirschmanSC 13G/A, 3 filings May 24, 2022 to Dec 4, 202357
- NORTH RUN CAPITAL, LPSC 13G/A, 2 filings Feb 14, 2022 to Feb 13, 202358
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 10, 202259
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Jacob SuenPresident and Chief Executive Officer | 52 | $450.0K | $1.1M60 |
| 2025 | Ali SadriFormer Chief Technology Officer | $325.0K | $607.1K60 | |
| 2025 | Michael Elbaz, ChiefFinancial Officer | $315.0K | $605.3K60 | |
| 2024 | Jacob SuenPresident and Chief Executive Officer | 52 | $450.0K | $1.3M60 |
| 2024 | Ali SadriFormer Chief Technology Officer | $325.0K | $759.0K60 | |
| 2024 | Michael Elbaz, ChiefFinancial Officer | $315.0K | $702.0K60 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 48. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How AIRGAIN INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAIRGAIN INC1
- CIK0001272842
- Employer ID (EIN)95-45238823
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address3611 Valley Centre Drive, Suite 150, San Diego, CA 921301
- Phone(760) 579-02001
- Shares outstanding13,100,234 as of Jul 29, 202611
- Public float$48.6M as of Jun 30, 20253
- AuditorGRANT THORNTON LLP, San Diego, California PCAOB ID 248; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceDec 10, 20031
- Filings601 in all: 4 (267), 8-K (87), 144 (34), 10-Q (31), 4/A (22), SC 13G/A (22), 3 (21), SC 13G (16)1
All 38 form types
10-K (10), DEF 14A (10), CORRESP (9), DEFA14A (7), UPLOAD (7), 3/A (6), EFFECT (5), REGDEX (5), S-8 (5), 8-K/A (4), ARS (4), S-3 (3), SCHEDULE 13G/A (3), 424B4 (2), DRS/A (2), DRSLTR (2), S-1 (2), S-1/A (2), S-3/A (2), 424B5 (1), 5 (1), 8-A12B (1), CERTNAS (1), D (1), DEL AM (1), DRS (1), POS EX (1), REGDEX/A (1), SCHEDULE 13D (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Feb 26, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 30, 2026
Latest 8-K (8-K) Oct 1, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.0001 per share | AIRG | Nasdaq |
From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks AIRGAIN INC names in Item 1A of its 10-K filed Feb 26, 2026: 51 risks under these headings, as written.3
- and uncertainties not presently known to us or that we currently deem immaterial also may impair our business operations or financial condition.
- Risks Related to Our Business and Industry
- The markets for our wireless systems solutions and components are developing and may not develop as we expect.
- Our operating results may fluctuate significantly, which makes our future operating results difficult to predict and could cause our operating results to fall below expectations or our guidance.
- If we are unable to manage our growth and expand our operations successfully, our business and operating results will be harmed, and our reputation may be damaged.
- Our transition to integrated system solutions increases business complexity and execution risk.
- Our wireless connectivity solutions and components are subject to intense competition, including competition from our suppliers and the customers to whom we sell.
- New entrants and the introduction of other distribution models in our markets may harm our competitive position.
- Our future success depends on our ability to develop new products and successfully introduce new and enhanced products and services for the wireless market that meet the needs of our customers.
- Any delays in our sales cycles could result in customers canceling purchases of our products.
- We have a history of losses, and we may not be profitable in the future.
- A limited number of customers and devices represent a significant portion of our sales. If we were to lose any of these customers or devices, our sales could decrease significantly.
The other 40 risks
- We sell to customers who are price conscious.
- We rely significantly on channel partners to sell and support our products, and the failure of this channel to be effective could materially reduce our sales.
- We rely on a limited number of CMs and ODMS to produce and ship our products, and the failure to manage our relationships with these parties successfully could adversely affect our ability to market and sell our products.
- We may experience delays in obtaining products from manufacturers and may not be a high priority for our manufacturers.
- Our CMs purchase some components, subassemblies and products from a single or limited number of suppliers. The loss of any of these suppliers may substantially disrupt our ability to obtain orders and fulfill sales as we design in and qualify new components.
- We are developing a number of our new products and wireless connectivity solutions in partnership with other companies. If any of these companies were to fail to perform, or our partnerships were to be unsuccessful, we may not be able to bring our solutions to market successfully or on a timely basis.
- Our business may suffer if our strategic alliances are not successful.
- Emerging satellite-to-device connectivity technologies may reduce demand for certain terrestrial wireless solutions or require significant engineering investment to address hybrid connectivity requirements.
- Defects in our products or poor design and engineering services could result in lost sales and subject us to substantial liability.
- The loss of key personnel or an inability to attract, retain and motivate qualified personnel may impair our ability to expand our business.
- Our inability to raise additional capital on acceptable terms in the future may limit our ability to develop and commercialize new solutions and technologies and expand our operations.
- If we raise additional capital through credit facilities or debt financing, the terms of any new debt could further restrict our ability to operate our business.
- We are subject to the risk that third-party consultants will not perform their tasks effectively and that we will be unsuccessful in operating our business as a result.
- Our acquisitions expose us to risks that could adversely affect our business and adversely affect our operating results, financial condition, and cash flows.
- Our ability to use our net operating loss carryforwards and other tax attributes may be limited.
- If we are unable to implement and maintain effective internal control over financial reporting in the future, the accuracy and timeliness of our financial reporting may be adversely affected. In addition, because of our status as a non-accelerated filer, you will not be able to depend on any attestation from our independent registered public accounting firm as to our internal control over financial reporting for the foreseeable future.
- Compliance with environmental matters and worker health and safety laws could be costly, and noncompliance with these laws could have a material adverse effect on our operating results, expenses and financial condition.
- Our business and prospects depend on the strength of our market efforts and our brand. Failure to maintain and enhance our brand would harm our ability to maintain and expand our base of customers.
- Our financial condition and results of operations could be adversely affected by the outbreak of contagious diseases, including pandemics and epidemics.
- Risks Relating to Intellectual Property
- If we are unable to protect our intellectual property rights, our competitive position could be harmed, or we could be required to incur significant expenses to enforce our rights.
- Claims by others that we infringe on their intellectual property rights could harm our business.
- We are generally obligated to indemnify our channel partners and end-customers for certain expenses and liabilities resulting from intellectual property infringement claims regarding our products, which could force us to incur substantial costs.
- Risks Related to Data Privacy
- We use artificial intelligence (AI), machine learning, and automated decision-making technologies (collectively, AI Technologies) throughout our business, provide certain AI-enabled products, and are
- making significant investments in this area. As with many technological innovations, there are significant risks involved in deploying these technologies and there can be no assurance that the usage of or our investments in such technologies will always enhance our products or services or be beneficial to our business, including our efficiency or profitability.
- Risks Related to Our International Operations
- We are subject to risks associated with international geopolitical and military conflicts.
- Our international sales and operations subject us to additional risks that can adversely affect our operating results and financial condition.
- We are subject to governmental export and import controls and supply chain-related regulations that could impair our ability to compete in international markets due to licensing requirements, result in the disruption of our supply chains and/or subject us to liability and reputational harm if we are not in compliance with applicable laws.
- Changes to United States tax, tariff, Department of Defense’s Section 1260H List, and import/export regulations may have a negative effect on global economic conditions, financial markets and our business.
- New regulations or standards or changes in existing regulations or standards in the United States or internationally related to our products or our end-customer’s products may result in unanticipated costs or liabilities, which could have a material adverse effect on our business, operating results and future sales, and could place additional burdens on the operations of our business.
- We could be adversely affected by violations of the U.S. Foreign Corrupt Practices Act and similar worldwide anti-bribery laws.
- Risks Related to Our Common Stock
- The price of our common stock may be volatile.
- If securities or industry analysts issue an adverse opinion regarding our stock, our stock price and trading volume could decline.
- Anti-takeover provisions in our charter documents and under Delaware law could make an acquisition of us, which may be beneficial to our stockholders, more difficult and may prevent attempts by our stockholders to replace or remove our current management and limit the market price of our common stock.
- We have never paid cash dividends on our common stock, and we do not anticipate paying cash dividends in the foreseeable future.
- We are a “smaller reporting company,” and if we take advantage of certain exemptions from disclosure requirements available to smaller reporting companies, this could make our stock less attractive to investors and may make it more difficult to compare our performance with other public companies.
- We incur significant costs as a result of operating as a public company, and our management is required to devote substantial time to comply with the laws and regulations affecting public companies, particularly after we are no longer a smaller reporting company or a non-accelerated filer.
- General Risk Factors
- Litigation or legal proceedings could expose us to significant liabilities and damage our reputation.
- A failure in our information technology systems could negatively impact our business.
- Changes in tax law may materially adversely affect our financial condition, results of operations, and cash flows.
- Our business, operating results and growth rates may be adversely affected by current or future unfavorable economic and market conditions and adverse developments with respect to financial institutions and associated liquidity risk.
Legal proceedings
We are not currently subject to any material legal proceedings. From time to time, we may be involved in legal proceedings or subject to claims incident to the ordinary course of business. Regardless of the outcome, such proceedings or claims can have an adverse impact on us because of defense and settlement costs, diversion of resources, and other factors, and there can be no assurances that favorable outcomes will be obtained.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAIRGAIN INC filings on SEC EDGAR
- 2SEC EDGARAIRGAIN INC filings on SEC EDGAR
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- 4SEC EDGARAIRGAIN INC 10-K for fiscal 2025
- 5SEC EDGARAIRGAIN INC 10-K for fiscal 2019
- 6SEC EDGARAIRGAIN INC 10-K for fiscal 2020
- 7SEC EDGARAIRGAIN INC 10-K for fiscal 2021
- 8SEC EDGARAIRGAIN INC 10-K for fiscal 2022
- 9SEC EDGARAIRGAIN INC 10-K for fiscal 2023
- 10SEC EDGARAIRGAIN INC 10-Q for fiscal 2026
- 11SEC EDGARAIRGAIN INC 10-Q for fiscal 2026
- 12SEC EDGARJacob Suen, Chief executive officer
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- 15SEC EDGARJacob Suen, President
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- 17SEC EDGARDavid Lyle, Chief financial officer
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- 20SEC EDGARGlenn Selbo, Chief operating officer
- 21SEC EDGARAli Sadri, Chief Technology Officer
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- 23SEC EDGARKevin Thill, Sr. VP, Engineering
- 24SEC EDGARJacob Suen, Sr. VP, Worldwide Sales
- 25SEC EDGARKiva A. Allgood, Board member
- 26SEC EDGARJacob Suen, Board member
- 27SEC EDGART. J. Chung, Board member
- 28SEC EDGARArthur M. Toscanini, Board member
- 29SEC EDGARFrances Kordyback, Board member
- 30SEC EDGARFrancis X. Egan, Board member
- 31SEC EDGARJames K. Sims, Board member
- 32SEC EDGARThomas A. Munro, Board member
- 33SEC EDGARJoan H. Gillman, Board member
- 34SEC EDGARExecutive or director change
- 35SEC EDGARResults of operations
- 36SEC EDGARShareholder vote
- 37SEC EDGARResults of operations
- 38SEC EDGARExecutive or director change
- 39SEC EDGARResults of operations
- 40SEC EDGARResults of operations
- 41SEC EDGARResults of operations
- 42SEC EDGARExecutive or director change
- 43SEC EDGARShareholder vote
- 44SEC EDGARResults of operations
- 45SEC EDGARResults of operations
- 46NasdaqNasdaq calendar
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