$AIRG
AIRGAIN INC

2022 Q4 Form 10-Q Financial Statement

#000095017022025104 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $19.89M $19.20M
YoY Change 40.62% 24.22%
Cost Of Revenue $14.01M $11.76M
YoY Change 50.98% 18.63%
Gross Profit $5.880M $7.443M
YoY Change 20.86% 34.2%
Gross Profit Margin 29.56% 38.77%
Selling, General & Admin $6.917M $5.806M
YoY Change 12.33% 0.26%
% of Gross Profit 117.64% 78.01%
Research & Development $2.240M $2.901M
YoY Change -19.71% 7.52%
% of Gross Profit 38.1% 38.98%
Depreciation & Amortization $930.0K $200.0K
YoY Change 1.86% 100.0%
% of Gross Profit 15.82% 2.69%
Operating Expenses $9.157M $8.707M
YoY Change -1.83% 1.34%
Operating Profit -$3.277M -$1.264M
YoY Change -26.57% -58.5%
Interest Expense $26.00K $26.00K
YoY Change 420.0% 333.33%
% of Operating Profit
Other Income/Expense, Net -$16.00K -$17.00K
YoY Change -30.43% 142.86%
Pretax Income -$3.267M -$1.247M
YoY Change -27.09% -58.97%
Income Tax -$47.00K -$52.00K
% Of Pretax Income
Net Earnings -$3.220M -$1.299M
YoY Change -30.69% -57.67%
Net Earnings / Revenue -16.19% -6.77%
Basic Earnings Per Share -$0.13
Diluted Earnings Per Share -$0.31 -$0.13
COMMON SHARES
Basic Shares Outstanding 10.22M 10.20M
Diluted Shares Outstanding 10.21M

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.90M $9.190M
YoY Change -17.97% -51.51%
Cash & Equivalents $11.90M $9.190M
Short-Term Investments
Other Short-Term Assets $2.284M $2.005M
YoY Change 79.56% 33.76%
Inventory $4.226M $9.345M
Prepaid Expenses
Receivables $8.741M $9.452M
Other Receivables $0.00 $0.00
Total Short-Term Assets $27.15M $29.99M
YoY Change -23.49% -19.7%
LONG-TERM ASSETS
Property, Plant & Equipment $4.982M $2.816M
YoY Change 84.66% 4.37%
Goodwill $10.85M $10.85M
YoY Change 0.0% 0.0%
Intangibles $11.20M $11.96M
YoY Change -21.27% -20.19%
Long-Term Investments
YoY Change
Other Assets $216.0K $243.0K
YoY Change -38.64% -48.73%
Total Long-Term Assets $27.25M $28.30M
YoY Change -11.83% -11.12%
TOTAL ASSETS
Total Short-Term Assets $27.15M $29.99M
Total Long-Term Assets $27.25M $28.30M
Total Assets $54.40M $58.29M
YoY Change -18.06% -15.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.507M $7.827M
YoY Change 18.87% 32.86%
Accrued Expenses $6.393M $5.759M
YoY Change 40.54% 19.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.90M $14.37M
YoY Change -35.13% -24.55%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.536M $1.782M
YoY Change -30.84% -21.64%
Total Long-Term Liabilities $1.536M $1.782M
YoY Change -30.84% -21.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.90M $14.37M
Total Long-Term Liabilities $1.536M $1.782M
Total Liabilities $14.58M $16.28M
YoY Change -34.4% -23.98%
SHAREHOLDERS EQUITY
Retained Earnings -$66.09M -$62.87M
YoY Change 15.08% 19.1%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.364M $5.364M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $39.83M $42.01M
YoY Change
Total Liabilities & Shareholders Equity $54.40M $58.29M
YoY Change -18.06% -15.75%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$3.220M -$1.299M
YoY Change -30.69% -57.67%
Depreciation, Depletion And Amortization $930.0K $200.0K
YoY Change 1.86% 100.0%
Cash From Operating Activities $2.363M $103.0K
YoY Change -155.61% -107.68%
INVESTING ACTIVITIES
Capital Expenditures $129.0K -$460.0K
YoY Change -166.49% 245.86%
Acquisitions
YoY Change
Other Investing Activities $3.000K $0.00
YoY Change
Cash From Investing Activities -$126.0K -$460.0K
YoY Change -35.05% 245.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 476.0K 99.00K
YoY Change -47.62%
NET CHANGE
Cash From Operating Activities 2.363M 103.0K
Cash From Investing Activities -126.0K -460.0K
Cash From Financing Activities 476.0K 99.00K
Net Change In Cash 2.713M -258.0K
YoY Change -161.06% -79.94%
FREE CASH FLOW
Cash From Operating Activities $2.363M $103.0K
Capital Expenditures $129.0K -$460.0K
Free Cash Flow $2.234M $563.0K
YoY Change -155.09% -146.57%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Amendment Flag
AmendmentFlag
false
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity Central Index Key
EntityCentralIndexKey
0001272842
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-37851
dei Entity Registrant Name
EntityRegistrantName
AIRGAIN, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
95-4523882
dei Entity Address Address Line1
EntityAddressAddressLine1
3611 Valley Centre Drive
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 150
dei Entity Address City Or Town
EntityAddressCityOrTown
San Diego
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92130
dei City Area Code
CityAreaCode
760
dei Local Phone Number
LocalPhoneNumber
579-0200
dei Security12b Title
Security12bTitle
Common stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
AIRG
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10223536
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9190000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14511000
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
9452000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10757000
CY2022Q3 us-gaap Inventory Net
InventoryNet
9345000
CY2021Q4 us-gaap Inventory Net
InventoryNet
8949000
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2005000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1272000
CY2022Q3 us-gaap Assets Current
AssetsCurrent
29992000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
35489000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2816000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2698000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2437000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2777000
CY2022Q3 us-gaap Goodwill
Goodwill
10845000
CY2021Q4 us-gaap Goodwill
Goodwill
10845000
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11960000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14229000
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
243000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
352000
CY2022Q3 us-gaap Assets
Assets
58293000
CY2021Q4 us-gaap Assets
Assets
66390000
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
7827000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5474000
CY2022Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2492000
CY2021Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2013000
CY2022Q3 airg Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
3007000
CY2021Q4 airg Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
2833000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
888000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
841000
CY2022Q3 airg Deferred Purchase Price Liabilities Current
DeferredPurchasePriceLiabilitiesCurrent
153000
CY2021Q4 airg Deferred Purchase Price Liabilities Current
DeferredPurchasePriceLiabilitiesCurrent
8726000
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
14367000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
19887000
CY2022Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
132000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
109000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1782000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2221000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50129000
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
11755000
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
9909000
CY2022Q3 us-gaap Liabilities
Liabilities
16281000
CY2021Q4 us-gaap Liabilities
Liabilities
22217000
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10765000
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10224000
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10638000
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10097000
CY2022Q3 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
110249000
CY2021Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
106971000
CY2022Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
541000
CY2021Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
541000
CY2022Q3 us-gaap Treasury Stock Value
TreasuryStockValue
5364000
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5364000
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-62873000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-57434000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
42012000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
44173000
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
58293000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
66390000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19198000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15455000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56006000
us-gaap Cost Of Revenue
CostOfRevenue
33902000
us-gaap Cost Of Revenue
CostOfRevenue
30387000
CY2022Q3 us-gaap Gross Profit
GrossProfit
7443000
CY2021Q3 us-gaap Gross Profit
GrossProfit
5546000
us-gaap Gross Profit
GrossProfit
22104000
us-gaap Gross Profit
GrossProfit
19742000
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2901000
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2698000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9117000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8130000
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2808000
CY2021Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2484000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
8552000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7412000
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2998000
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3307000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9738000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10201000
CY2022Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
103000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1660000
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
8707000
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
8592000
us-gaap Operating Expenses
OperatingExpenses
27407000
us-gaap Operating Expenses
OperatingExpenses
27403000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1264000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3046000
us-gaap Operating Income Loss
OperatingIncomeLoss
-5303000
us-gaap Operating Income Loss
OperatingIncomeLoss
-7661000
CY2022Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
26000
CY2021Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
6000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
37000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
21000
CY2022Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9000
CY2021Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
39000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
15000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17000
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1247000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3039000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5305000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7655000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-52000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-30000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
134000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2214000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-1299000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-3069000
us-gaap Net Income Loss
NetIncomeLoss
-5439000
us-gaap Net Income Loss
NetIncomeLoss
-5441000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.54
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.53
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10210000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10082000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10179000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9993000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10210000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10082000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
634000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10179000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9993000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-1299000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-3069000
us-gaap Net Income Loss
NetIncomeLoss
-5439000
us-gaap Net Income Loss
NetIncomeLoss
-5441000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1299000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3069000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5439000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5441000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
42248000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
49586000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
44173000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
47742000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
97000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
42012000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
47774000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
42012000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
47774000
us-gaap Profit Loss
ProfitLoss
-5439000
us-gaap Profit Loss
ProfitLoss
-5441000
us-gaap Depreciation
Depreciation
502000
us-gaap Depreciation
Depreciation
389000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2269000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2248000
us-gaap Share Based Compensation
ShareBasedCompensation
3575000
us-gaap Share Based Compensation
ShareBasedCompensation
3004000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1660000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2285000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1305000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4442000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
396000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3859000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
733000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-104000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-109000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
31000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2353000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2217000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-54000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1041000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-1383000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
568000
airg Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-52000
airg Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-12000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2083000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6921000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
14185000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
21000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9190000
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18954000
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
175000
CY2021Q3 us-gaap Restricted Cash
RestrictedCash
175000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9365000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19129000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
542000
us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
10000
us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-624000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14727000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
97000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
7015000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
235000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2526000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6780000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2429000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5321000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-19219000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14686000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
38348000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9365000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19129000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
196000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
89000
airg Right Of Use Assets Recorded In Non Cash Investing And Financing Activities
RightOfUseAssetsRecordedInNonCashInvestingAndFinancingActivities
0
airg Right Of Use Assets Recorded In Non Cash Investing And Financing Activities
RightOfUseAssetsRecordedInNonCashInvestingAndFinancingActivities
3199000
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
3519000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
364000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
19000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> </span></p>
CY2022Q3 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
175000
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
80000
CY2022Q3 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
95000
CY2021Q4 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
175000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
40000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
135000
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2022Q3 airg Provision For Excess And Obsolete Inventories
ProvisionForExcessAndObsoleteInventories
15000
CY2021Q4 airg Provision For Excess And Obsolete Inventories
ProvisionForExcessAndObsoleteInventories
47000
CY2022Q3 airg Reserve For Pricing Credits And Rights Of Return
ReserveForPricingCreditsAndRightsOfReturn
146000
CY2021Q4 airg Reserve For Pricing Credits And Rights Of Return
ReserveForPricingCreditsAndRightsOfReturn
109000
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
300000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
100000
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
81000
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
33000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
400000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
100000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1252000
CY2022Q3 airg Deferred Payments Balance
DeferredPaymentsBalance
100000
CY2022Q3 us-gaap Cash
Cash
2595000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-1299000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-3069000
us-gaap Net Income Loss
NetIncomeLoss
-5439000
us-gaap Net Income Loss
NetIncomeLoss
-5441000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10210000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10082000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10179000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9993000
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10210000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10082000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10179000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9993000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.54
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.53
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2207000
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1147000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2033000
CY2022Q3 us-gaap Cash
Cash
2595000
CY2022Q3 us-gaap Cash
Cash
2595000
CY2022Q3 airg Cash And Cash Equivalents At Carrying Value Available And Available For Sale Debt Securities Amortized Cost Basis
CashAndCashEquivalentsAtCarryingValueAvailableAndAvailableForSaleDebtSecuritiesAmortizedCostBasis
9190000
CY2022Q3 airg Cash And Cash Equivalents At Carrying Value And Available For Sale Securities Debt Securities Current
CashAndCashEquivalentsAtCarryingValueAndAvailableForSaleSecuritiesDebtSecuritiesCurrent
9190000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9190000
CY2021Q4 us-gaap Cash
Cash
3702000
CY2021Q1 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
14065000
CY2022Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
8000000.0
CY2022Q2 airg Business Combination Deferred Payments
BusinessCombinationDeferredPayments
600000
CY2021Q4 us-gaap Cash
Cash
3702000
CY2021Q4 us-gaap Cash
Cash
3702000
CY2021Q4 airg Cash And Cash Equivalents At Carrying Value Available And Available For Sale Debt Securities Amortized Cost Basis
CashAndCashEquivalentsAtCarryingValueAvailableAndAvailableForSaleDebtSecuritiesAmortizedCostBasis
14511000
CY2021Q4 airg Cash And Cash Equivalents At Carrying Value And Available For Sale Securities Debt Securities Current
CashAndCashEquivalentsAtCarryingValueAndAvailableForSaleSecuritiesDebtSecuritiesCurrent
14511000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14511000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
557000
CY2022Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
5210000
CY2021Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
7908000
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4135000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1041000
CY2022Q3 us-gaap Inventory Net
InventoryNet
9345000
CY2021Q4 us-gaap Inventory Net
InventoryNet
8949000
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7311000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6727000
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4494000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4029000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2816000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2698000
CY2022Q3 us-gaap Depreciation
Depreciation
200000
CY2021Q3 us-gaap Depreciation
Depreciation
100000
us-gaap Depreciation
Depreciation
500000
us-gaap Depreciation
Depreciation
400000
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20095000
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8135000
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11960000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20095000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5866000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14229000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
757000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2969000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2968000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2958000
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
5 years
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.039
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
airg Short Term Lessee Operating Lease Term Of Contract
ShortTermLesseeOperatingLeaseTermOfContract
12 months or less
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
21000
CY2022Q3 airg Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
1751000
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11960000
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2300000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2200000
CY2022Q3 airg Advanced Payments From Contract Manufacturers
AdvancedPaymentsFromContractManufacturers
979000
CY2021Q4 airg Advanced Payments From Contract Manufacturers
AdvancedPaymentsFromContractManufacturers
682000
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
841000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1277000
CY2022Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
339000
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
339000
CY2022Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
220000
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
258000
CY2022Q3 airg Contract Liabilities Current
ContractLiabilitiesCurrent
313000
CY2021Q4 airg Contract Liabilities Current
ContractLiabilitiesCurrent
79000
CY2022Q3 us-gaap Other Liabilities
OtherLiabilities
315000
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
198000
CY2022Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
3007000
CY2021Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
2833000
us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The practical expedients did not require the Company to reassess (i) whether expired or existing contracts contained leases, (ii) lease classification for expired or existing leases and (iii) previously capitalized initial direct costs.
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
43000
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
200000
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
300000
us-gaap Operating Lease Cost
OperatingLeaseCost
800000
us-gaap Operating Lease Cost
OperatingLeaseCost
1000000.0
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
258000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
974000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
902000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
687000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2821000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
158000
CY2022Q3 airg Unrealized Translation Gain
UnrealizedTranslationGain
7000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2670000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
888000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1782000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.025
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.289
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
9500000
CY2022Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
3428000
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
2739000
CY2022Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
541000
CY2021Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
541000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1120000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1068000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3575000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3004000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2000000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.79
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M18D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
314000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.23
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
9000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.30
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
327000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
13.38
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1978000
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.18
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M12D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1334000
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
11.33
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y9M18D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1978000
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
12.18
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y8M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.87
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
900000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2200000
airg Description Of Performance Stock Unit
DescriptionOfPerformanceStockUnit
Service as well as market and performance conditions determine the number of PSUs that the holder will earn from 0% to 150% of the target number of shares. The percentage received is based on the Company common stock price targets over a three-year service period. Additionally, the Company must achieve or exceed 75% of the year to date revenue target measured at the end of the quarter in which the price target is achieved.
CY2022Q3 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
200000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
500000
airg Warranty Expense Reserved
WarrantyExpenseReserved
70000000
CY2022Q3 us-gaap Noncurrent Assets
NoncurrentAssets
2816000
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
2698000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19198000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15455000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56006000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50129000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19198000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15455000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56006000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50129000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19198000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15455000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56006000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50129000

Files In Submission

Name View Source Status
0000950170-22-025104-index-headers.html Edgar Link pending
0000950170-22-025104-index.html Edgar Link pending
0000950170-22-025104.txt Edgar Link pending
0000950170-22-025104-xbrl.zip Edgar Link pending
airg-20220930.htm Edgar Link pending
airg-20220930.xsd Edgar Link pending
airg-ex31_1.htm Edgar Link pending
airg-ex31_2.htm Edgar Link pending
airg-ex32_1.htm Edgar Link pending
airg-ex32_2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
airg-20220930_cal.xml Edgar Link unprocessable
airg-20220930_def.xml Edgar Link unprocessable
airg-20220930_lab.xml Edgar Link unprocessable
airg-20220930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
airg-20220930_htm.xml Edgar Link completed
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending