(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 AIRGAIN, INC. (Exact name of registrant as specified in its charter) 92130(Zip Code) (760) 579-0200(Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon stock, par value $0.0001 per shareAIRGNasdaqCapital Market Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒Emerging growth company☐ Accelerated filer☐Smaller reporting company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒No As of April 29, 2026, the registrant had 12,675,780 shares of common stock (par value $0.0001) outstanding. AIRGAIN, INC.Form 10-QFor the Quarter Ended March 31, 2026 PART I. FINANCIAL INFORMATIONItem 1. Condensed Consolidated Financial Statements (Unaudited) Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Operations4Condensed Consolidated Statements of Comprehensive Loss5Condensed Consolidated Statements of Stockholders’ Equity6Condensed Consolidated Statements of Cash Flows7Notes to Condensed Consolidated Financial Statements8Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item 3. Quantitative and Qualitative Disclosures about Market Risk25Item 4. Controls and Procedures25 PART II. OTHER INFORMATIONItem 1. Legal Proceedings Item 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. Exhibits SIGNATURES PART I. FINANCIAL INFORMATION Airgain, Inc.Condensed Consolidated Balance Sheets(In thousands, except par value) Assets Airgain, Inc.Condensed Consolidated Statements of Operations(In thousands, except per share data)(Unaudited) Airgain, Inc.Condensed Consolidated Statements of Comprehensive Loss(In thousands)(Unaudited) Three months ended March 31,20262025Net loss$(1,897)$(1,546)Other comprehensive loss:Foreign currency translation adjustment41Comprehensive loss$(1,893)$(1,545) Airgain, Inc.Condensed Consolidated Statements of Stockholders’ Equity(In thousands)(Unaudited) Airgain, Inc.Condensed Consolidated Statements of Cash Flows(In thousands)(Unaudited) Airgain, Inc.Notes to Condensed Consolidated Financial Statements(Unaudited) Note 1. Description of Business and Basis of Presentation Description of Business Airgain, Inc. was incorporated in the State of California on March 20, 1995; and reincorporated in the State of Delawareon August 17, 2016. Airgain, Inc. together with its subsidiaries are herein referred to as the “Company,” “we,” or “our.”Headquartered in San Diego, California, Airgain, Inc. (NASDAQ: AIRG) is a leading provider of advanced wirelessconnectivity solutions that drive cutting-edge innovation in 5G technology. We are committed to delivering high-performance, cost-effective, and energy-efficient wireless solutions that enable rapid market deployment. Our missionis to connect the world through integrated, innovative, and optimized wireless solutions. Our diverse product portfolioserves three primary markets: enterprise, automotive, and consumer. Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance withU.S. generally accepted accounting principles (GAAP) and applicable rules and regulations of the Securi