SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions, will unveil the first hybrid beamforming smart fixed wireless access (FWA) technology on the market, Airgain Smart LanternTM, at Mobile World Congress 2024. The Smart LanternTM is designed to transform the 5G customer experience, maximizing high gain antenna performance. It uses Airgain’s patented smart beamforming technology to simplify end user FWA installation by automatically determining t ...

SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today announced the launch of AirgainConnect™ Fleet, its second generation AirgainConnect™ device, at the Consumer Electronics Show in Las Vegas, Nevada. AirgainConnect Fleet will be the industry’s first low profile, roof-mounted 5G vehicle gateway, combining the latest 5G NR modem and a Wi-F ...

Financial Data and Key Metrics Changes - Q3 2023 sales were $13.7 million, a decline of 13% sequentially and 29% year-over-year, primarily due to high inventories and demand softness in the consumer market [19] - Q3 gross margin was 39.1%, lower than the guidance midpoint of 40%, primarily due to an unfavorable consumer sales mix [20] - Q3 operating expenses totaled $6 million, slightly higher than the guidance of approximately $5.8 million, but represented the lowest spend level since Q1 2021 [21] - Cash balance as of September 30 was $10 million, reflecting a $0.7 million increase sequentially, driven by working capital management [21] Business Line Data and Key Metrics Changes - Consumer sales were $4.4 million, reflecting a sequential decrease of $1.8 million, attributed to cautious inventory management by OEMs in anticipation of the Wi-Fi 7 transition [19][10] - Enterprise sales were $6.8 million, a sequential decrease of $0.5 million, driven by lower sales of custom products, partially offset by higher sales of embedded modems [19] - Automotive sales increased sequentially by $0.2 million to $2.5 million, supported by inventory corrections and new product introductions [19] Market Data and Key Metrics Changes - The consumer market is experiencing downward pressure due to the transition from Wi-Fi 6E to Wi-Fi 7, leading to cautious inventory management by key OEM customers [10] - The enterprise market is facing inventory overhang, but there is growing end customer demand for embedded modems, particularly in EV charging and VSaaS [12] - The automotive market is showing growth potential, with inventory corrections strengthening growth, and new product initiatives expected to contribute positively [15] Company Strategy and Development Direction - The company aims to improve the 5G customer experience by addressing coverage gaps and enhancing performance through new product initiatives [6][7] - Strategic focus includes expanding into new geographies and enhancing product offerings, particularly in asset tracking and 5G connectivity solutions [17][25] - The company is transitioning from components to full systems, which is expected to drive future growth [36] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges faced in 2023 due to macroeconomic pressures but remains optimistic about recovery starting in Q1 2024 [34] - The company expects to generate positive cash flows in early 2024, driven by resolution of inventory issues and demand for new products [35] - Management emphasizes the importance of operational efficiencies and strategic product initiatives to navigate the current environment [21][35] Other Important Information - The company has secured design wins with Tier 1 operators for new products, which are expected to begin shipping in Q1 2024 [11][29] - The serviceable available market for cellular connected asset trackers is estimated to be $900 million in 2024, indicating significant growth potential [25] - The company is focused on maintaining a strong pipeline of opportunities to accelerate future growth [34] Q&A Session Summary Question: Insights on product mix and revenue drivers for Q4 and 2024 - Management noted that consumer revenue is expected to decline further in Q4 due to OEMs managing inventories and the transition to Wi-Fi 7, with growth anticipated in Q1 2024 from a Tier 1 design win [41][42] - The enterprise segment is facing inventory overhang, but growth is expected to resume in 2024 as inventory issues are resolved [42] - Automotive sales are mixed, with inventory corrections offset by new product introductions and channel expansions [43] Question: Cash levels and inventory management - The cash balance increased to $10 million, driven by working capital management and strong collections, which is deemed sufficient for growth initiatives [47]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-37851 AIRGAIN, INC. (Exact name of registrant as specified in its charter) Delaware 95-4523882 3611 Valley Centre Drive, Suit ...

Financial Data and Key Metrics Changes - Q2 2023 sales were $15.8 million, at the low end of guidance, reflecting a 4% sequential decline and an 18% year-over-year decrease due to inventory corrections [18][19] - Q2 gross margin was 40.4%, at the high end of guidance, and improved by 130 basis points sequentially due to a favorable consumer revenue mix and operational efficiencies [20] - Adjusted EBITDA for Q2 was positive $37,000, while non-GAAP EPS was negative $0.01 [21] Business Line Data and Key Metrics Changes - Consumer sales increased to $6.2 million, driven by a strong uptick in Wi-Fi 6E embedded antenna shipments [19] - Enterprise sales decreased to $7.3 million, primarily due to lower embedded modem sales from inventory corrections, although asset tracker sales increased [19] - Automotive sales fell to $2.3 million, reflecting a sequential decrease due to direct customer inventory corrections [19] Market Data and Key Metrics Changes - The consumer market saw growth due to the deployment of Wi-Fi 6E, but is expected to decline in Q3 due to core cutting and inventory issues [8][16] - The enterprise market is experiencing demand softness, but asset trackers are gaining momentum in verticals like rail and logistics [9][10] - The automotive market is facing challenges due to excessive inventory and forecasting changes [12][13] Company Strategy and Development Direction - The company is transitioning from a components provider to a systems provider, focusing on 5G customer experience and connectivity solutions [6][7] - Strategic initiatives include expanding distribution channels, diversifying the customer base, and entering new geographies [9][15] - Major product initiatives include fixed wireless access devices, smart repeaters, and enhanced vehicle networking solutions, with expected revenue generation starting in 2024 [24][26][27] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macroeconomic conditions have created demand softness, impacting sales across various markets [8][28] - Despite current challenges, the company remains optimistic about growth prospects in 2024 due to strategic investments and new product introductions [8][28] - The focus on improving 5G connectivity and customer experience is expected to drive future growth [27][30] Other Important Information - The company is increasing the number of contract manufacturers to ensure adequate supply and reduce product costs [20] - Operating expenses for Q2 were $6.5 million, in line with guidance, and decreased sequentially due to lower employee and marketing expenses [21] - The company expects Q3 sales to range between $13.25 million and $14.75 million, with a projected non-GAAP gross margin of 38.5% to 41.5% [22] Q&A Session Summary - No specific questions or answers were recorded in the provided content, indicating a lack of interaction during the Q&A segment [31][32]

[PART I. FINANCIAL INFORMATION](index=3&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) This section provides the unaudited condensed consolidated financial statements and management's discussion and analysis [Condensed Consolidated Financial Statements (Unaudited)](index=3&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) This section presents the unaudited condensed consolidated financial statements, reporting a net loss and decreased assets [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets decreased to **$49.5 million** by June 30, 2023, driven by reduced cash and cash equivalents Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2023 | December 31, 2022 | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | $9,270 | $11,903 | | Total current assets | $24,381 | $27,154 | | Total assets | $49,512 | $54,400 | | **Liabilities & Stockholders' Equity** | | | | Total current liabilities | $11,207 | $12,900 | | Total liabilities | $12,433 | $14,575 | | Total stockholders' equity | $37,079 | $39,825 | [Condensed Consolidated Statements of Operations](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Sales decreased to **$32.3 million** for the six months ended June 30, 2023, widening the net loss to **$5.1 million** Statement of Operations Summary (in thousands, except per share data) | Metric | Q2 2023 | Q2 2022 | YTD 2023 | YTD 2022 | | :--- | :--- | :--- | :--- | :--- | | Sales | $15,830 | $19,286 | $32,274 | $36,808 | | Gross Profit | $6,279 | $7,493 | $12,597 | $14,649 | | Loss from operations | $(2,212) | $(1,613) | $(5,002) | $(4,039) | | Net loss | $(2,205) | $(1,619) | $(5,063) | $(4,140) | | Diluted Net loss per share | $(0.21) | $(0.16) | $(0.49) | $(0.41) | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash used in operations was **$2.0 million** for the six months, resulting in a **$2.6 million** decrease in cash Cash Flow Summary (in thousands) | Activity | Six months ended June 30, 2023 | Six months ended June 30, 2022 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(2,004) | $1,980 | | Net cash used in investing activities | $(104) | $(164) | | Net cash used in financing activities | $(525) | $(6,879) | | **Net decrease in cash** | **$(2,633)** | **$(5,063)** | [Notes to Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail accounting policies, revenue disaggregation, customer concentration, and a **$2.5 million** ERC refund application - The company operates as a single operating segment providing connectivity solutions, including embedded components, external antennas, and integrated systems[26](index=26&type=chunk) Revenue by Market Group (in thousands) | Market Group | Q2 2023 | Q2 2022 | YTD 2023 | YTD 2022 | | :--- | :--- | :--- | :--- | :--- | | Enterprise | $7,366 | $9,120 | $15,803 | $17,749 | | Consumer | $6,189 | $5,981 | $11,321 | $12,043 | | Automotive | $2,275 | $4,185 | $5,150 | $7,016 | Customer Concentration (% of Total Revenue) | Customer | Q2 2023 | Q2 2022 | YTD 2023 | YTD 2022 | | :--- | :--- | :--- | :--- | :--- | | Customer A | 24% | 14% | 19% | 14% | | Customer B | 14% | 8% | 13% | 8% | | Customer C | 9% | 22% | 12% | 19% | - In August 2023, the company applied for **$2.5 million** in Employee Retention Credit (ERC) refunds, which it anticipates receiving within the next six months, pending IRS review[95](index=95&type=chunk)[144](index=144&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=19&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the **12.3%** sales decline from market softness, reduced operating expenses, and liquidity [Overview and Core Markets](index=20&type=section&id=Overview%20and%20Core%20Markets) The company transitions to a wireless systems provider, with core markets impacted by demand softness and excess inventories - The company is transitioning from a component provider to a wireless systems provider, leveraging its expertise in RF technology[100](index=100&type=chunk) - Core markets include Enterprise, Consumer, and Automotive, all of which have been affected by industry-wide demand softness and excess channel inventories[102](index=102&type=chunk)[103](index=103&type=chunk)[106](index=106&type=chunk) [Results of Operations](index=23&type=section&id=Results%20of%20Operations) Sales decreased **12.3%** for the six months, with declining gross profit and reduced operating expenses Sales Comparison (in thousands) | Period | 2023 | 2022 | $ Change | % Change | | :--- | :--- | :--- | :--- | :--- | | Three months ended June 30 | $15,830 | $19,286 | $(3,456) | (17.9)% | | Six months ended June 30 | $32,274 | $36,808 | $(4,534) | (12.3)% | - The sales decrease for the first six months of 2023 was driven by lower sales of IIoT products in the Enterprise market and a decrease in AirgainConnect HPUE and aftermarket sales in the Automotive market[126](index=126&type=chunk) Gross Profit Comparison | Period | 2023 | 2022 | | :--- | :--- | :--- | | **Three months ended June 30** | | | | Gross Profit | $6,279K | $7,493K | | Gross Margin | 39.7% | 38.9% | | **Six months ended June 30** | | | | Gross Profit | $12,597K | $14,649K | | Gross Margin | 39.0% | 39.8% | - Total operating expenses for the six months ended June 30, 2023 decreased by **$1.1 million (5.8%)** compared to the prior year, driven by lower company-wide people costs and professional outsourced services[133](index=133&type=chunk) [Liquidity and Capital Resources](index=26&type=section&id=Liquidity%20and%20Capital%20Resources) The company holds **$9.3 million** in cash, used **$2.0 million** in operations, and expects 12 months of liquidity - Cash and cash equivalents were **$9.3 million** at June 30, 2023, with an accumulated deficit of **$71.2 million**[137](index=137&type=chunk) - Net cash used in operating activities was **$2.0 million** for the first six months of 2023, compared to **$2.0 million** provided by operating activities in the same period of 2022[140](index=140&type=chunk)[141](index=141&type=chunk) - The company believes its existing cash balance and operational cash flow will be sufficient to meet working capital requirements for at least the next 12 months[139](index=139&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=27&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) As a smaller reporting company, Airgain, Inc. is exempt from providing market risk disclosures - The company is a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and is not required to provide quantitative and qualitative disclosures about market risk[149](index=149&type=chunk) [Controls and Procedures](index=28&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls were effective, with no material changes to internal financial reporting controls - The principal executive officer and principal financial officer concluded that the company's disclosure controls and procedures were effective as of June 30, 2023[151](index=151&type=chunk) - No changes in internal control over financial reporting occurred during the six months ended June 30, 2023, that materially affected, or are reasonably likely to materially affect, internal controls[152](index=152&type=chunk) [PART II. OTHER INFORMATION](index=29&type=section&id=PART%20II.%20OTHER%20INFORMATION) This section includes disclosures on legal proceedings, risk factors, equity sales, and other related information [Legal Proceedings](index=29&type=section&id=Item%201.%20Legal%20Proceedings) No current legal proceedings are expected to materially affect the company's financial condition or business - The company is not currently party to any legal proceedings that are expected to have a material adverse effect on its financial condition or business[154](index=154&type=chunk) [Risk Factors](index=29&type=section&id=Item%201A.%20Risk%20Factors) No material changes to risk factors were reported from the Annual Report on Form 10-K for December 31, 2022 - No material changes have been made to the risk factors disclosed in the Annual Report on Form 10-K for the year ended December 31, 2022[155](index=155&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=29&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities during the period - None[156](index=156&type=chunk) [Defaults Upon Senior Securities](index=29&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities - None[157](index=157&type=chunk) [Mine Safety Disclosures](index=29&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - None[158](index=158&type=chunk) [Other Information](index=29&type=section&id=Item%205.%20Other%20Information) The company reported no other information required to be disclosed under this item - None[159](index=159&type=chunk) [Exhibits](index=29&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with Form 10-Q, including CEO/CFO certifications and XBRL data files

Financial Data and Key Metrics Changes - Q1 2023 sales were $16.4 million, a 6% year-over-year decline primarily due to demand softness in the consumer market [4][11] - Q1 gross margin was 39.1%, an increase of 860 basis points sequentially due to operational efficiencies and higher Enterprise gross margins [12] - Q1 adjusted EBITDA was negative $0.7 million, and non-GAAP EPS was negative at $0.08 [12][13] - Cash balance as of March 31 was $9.8 million, down $2 million sequentially [14] Business Line Data and Key Metrics Changes - Enterprise sales were $8.4 million, reflecting a sequential decrease of $1.6 million [12] - Automotive sales totaled $2.9 million, a sequential decrease of $0.6 million [12] - Consumer sales were $5.1 million, reflecting a sequential decrease of $1.3 million [12] Market Data and Key Metrics Changes - The Enterprise market represented just over 50% of total sales for the quarter, showing resilience against volatile market conditions [5] - The consumer market faced near-term challenges due to macroeconomic conditions and product transitions from Wi-Fi 6 to Wi-Fi 7 [9] Company Strategy and Development Direction - The company is optimistic about new product introductions and design wins leading to sequential sales increases in the second half of 2023 [4] - Focus on expanding market share within distribution channels, particularly in the automotive sector [7][8] - The service addressable market (SAM) has more than doubled from $7.6 billion to $16.5 billion due to new product initiatives [22] Management's Comments on Operating Environment and Future Outlook - Management acknowledges short-term challenges but remains optimistic about long-term growth prospects across major markets [21] - The company expects stability in the Enterprise market and growth in automotive and consumer sectors as supply chain issues resolve [31][32] Other Important Information - The company completed a workforce reduction at the end of the quarter, resulting in a decrease in quarterly expenses [13] - New product lines are being developed to address challenges in 5G technologies and improve customer experience [16][17] Q&A Session Summary Question: Update on the timeline for new product introduction and NimbeLink - Management is still working on the next-generation AirgainConnect and hopes to provide updates soon [26][27] - Supply chain issues for NimbeLink have eased significantly, improving the overall situation [28][29] Question: Timing for fixed wireless access solution and growth expectations - Management is optimistic about the second half of the year, expecting improvements in consumer, Enterprise, and automotive sectors [31][32][33] Question: Details on the Lighthouse product and sales expectations - The Lighthouse product is in live field trials, with expectations for deployment next year [35][36] Question: Targeting mix between consumer, auto, and Enterprise - The Enterprise market has been growing steadily, providing resilience against economic conditions, while consumer remains a higher-margin market [38]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-37851 AIRGAIN, INC. (Exact name of registrant as specified in its charter) Delaware 95-4523882 3611 Valley Centre Drive, Suite 15 ...

Financial Performance and Challenges - The company has an accumulated deficit of $66.1 million as of December 31, 2022, indicating a history of losses and potential future profitability challenges [50]. - The company incurred an accumulated deficit of $66.1 million as of December 31, 2022, and has a history of net losses since its inception before 2013 [66]. - The company expects operating expenses to increase as it hires additional personnel and develops new antenna products, which may impact future profitability [66]. - The company’s operating results may fluctuate significantly due to various factors, including demand variability and global economic conditions [54]. - Economic and market conditions, including rising interest rates and geopolitical events, may negatively impact the company’s business and operating results [146]. Market and Competitive Landscape - The company aims to drive growth in the enterprise and automotive markets, which may develop at varying growth rates and depend on competitive factors [53]. - The company faces intense competition in the antenna solutions market, with pricing pressure and potential loss of market share being significant risks [56]. - The company faces intense competition in the electronics market, leading to aggressive price negotiations and potential lower margins [70]. - The market for the AirgainConnect AC-HPUE product is highly dependent on the first responders market and AT&T's FirstNet network, which has not yet resulted in significant sales [53]. Supply Chain and Operational Risks - The company has experienced significant disruptions in the supply chain, affecting its ability to secure critical components for product development and deployment [50]. - Supply chain disruptions, particularly in semiconductor components, have led to delays and increased costs, impacting the company's ability to meet customer demand [75]. - The company relies on a limited number of contract manufacturers, primarily located in China, which poses risks related to quality control and timely delivery [71]. - The company has contracted with a new contract manufacturer outside of China to diversify its supply chain and avoid supplemental tariffs on imported components [123]. - The U.S. Uyghur Forced Labor Prevention Act may impact the sourcing and availability of products, potentially leading to supply chain disruptions and reputational harm [120]. Product Development and Innovation - The company expects to invest significantly in ongoing research and development to stay competitive in the rapidly evolving wireless market [61]. - The company’s future success depends on its ability to develop and introduce new products that meet customer needs in a rapidly changing technological landscape [61]. - The introduction of new products and enhancements requires coordination with customers, suppliers, and manufacturers, and any failure in this area could adversely affect operating results [61]. - Lengthy sales cycles for some products can last several months to a year or longer, complicating forecasting and increasing the risk of customer cancellations [65]. Customer and Revenue Concentration - Customers accounting for 10% or more of total revenue contributed 57% of sales in aggregate for the year ended December 31, 2022 [69]. - The company relies significantly on channel partners for sales, and any failure in these relationships could materially reduce sales [79]. Regulatory and Compliance Issues - The company may incur substantial costs related to compliance with evolving data privacy laws and regulations, which could adversely affect its financial condition [115]. - The company is subject to governmental export and import controls that could impair its ability to compete in international markets [117]. - Changes in U.S. trade policies and tariffs could significantly reduce global trade and adversely affect the company's business and financial condition [123]. - The company may face challenges in meeting evolving regulatory standards, which could lead to increased costs and operational burdens [124]. Human Resources and Management - The company’s ability to attract and retain qualified personnel is critical for its success, especially in design and technical roles [84]. - The company anticipates significant expansion to achieve its business objectives, which may strain management and operational resources [102]. - The company’s future growth strategy may involve expanding its group of contractors or consultants, which requires effective management to ensure quality [102]. Legal and Litigation Risks - The company is subject to risks from litigation or legal proceedings that could expose it to significant liabilities and damage its reputation [138]. - The company is obligated to indemnify channel partners and end-customers for certain intellectual property infringement claims, which could lead to significant costs [111]. - The company may face significant liabilities and costs due to potential infringement claims from third parties, which could adversely affect its business [108]. International Operations - Approximately 40% of the company's products, based on sales, are outside of North America, indicating a significant international presence [116]. - The company is continuing to expand its international operations as part of its growth strategy, which includes increasing its salesforce reach internationally [116]. Financial and Stock Market Considerations - The company has never declared or paid cash dividends on its common stock and does not anticipate doing so in the foreseeable future [133]. - The trading price of the company's common stock may be volatile, influenced by various market factors and analyst coverage [126]. - The company is classified as a "smaller reporting company," which allows it to take advantage of reduced disclosure obligations until it meets certain thresholds, such as a market value of $250 million or annual revenue of $100 million [135]. - Significant costs are incurred as a result of operating as a public company, particularly after ceasing to qualify as a smaller reporting company, which may require hiring additional staff for compliance [137]. Technology and Information Systems - Information technology systems are critical for the company’s operations, and failures or breaches could materially affect product sales and financial condition [141]. Environmental and Safety Compliance - The company may face increased costs and liabilities due to compliance with environmental and worker health and safety laws [99]. Natural Disaster Risks - The company’s operations are at risk from natural disasters, particularly given its headquarters in Southern California and contract manufacturers in seismically active regions [142].

Airgain, Inc. (NASDAQ:AIRG) Q4 2022 Earnings Conference Call March 9, 2023 5:00 PM ET Company Participants Jacob Suen - President & CEO Michael Elbaz - CFO Morad Sbahi - Chief Revenue Officer Conference Call Participants Scott Searle - ROTH Capital Anthony Stoss - Craig-Hallum Craig Ellis - B. Riley Securities Operator Good afternoon. Welcome to Airgain’s Fourth Quarter and Full Year 2022 Earnings Conference Call. My name is Shamaley, and I will be your coordinator for today’s call. Joining us for today’s c ...