secwatch.observer — SEC 8-K summary
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Issuer:     AIRGAIN INC (AIRG)
CIK:        0001272842
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0000950170-23-041357
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Airgain Q2 2023 sales $15.8M, GAAP net loss $0.21 per share, down 17.9% YoY
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- Sales decreased 17.9% YoY to $15.8M from $19.3M; enterprise down $1.8M, automotive down $1.9M.
- GAAP net loss $2.2M ($0.21 per share); non-GAAP net loss $0.1M ($0.01 per share); adjusted EBITDA $37K.
- GAAP gross margin 39.7%; non-GAAP gross margin 40.4%; operating expenses $8.5M GAAP, $6.5M non-GAAP.
- Segment sales: enterprise $7.3M, consumer $6.2M, automotive $2.3M; consumer up $1.1M sequentially offsetting declines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1272842/000095017023041357/0000950170-23-041357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1272842/000095017023041357/airg-20230810.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-041357

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