Airgain, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2018

Summary of Computation of Net Income (Loss) Per Share

The following table presents the computation of net income (loss) per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018			2017
Numerator:
Net income (loss)	$	437,259	$	234,353	$	(3,858,879	)	$	549,323
Denominator:
Weighted average common shares outstanding - basic		9,566,118		9,545,235		9,495,278			9,475,708
Plus dilutive effect of potential common shares		526,383		624,324		—			763,279
Weighted average common shares outstanding - diluted		10,092,501		10,169,559		9,495,278			10,238,987
Net income (loss) per share:
Basic	$	0.05	$	0.02	$	(0.41	)	$	0.06
Diluted	$	0.04	$	0.02	$	(0.41	)	$	0.05

Summary of Potentially Dilutive Securities

Potentially dilutive securities not included in the calculation of diluted net income (loss) per share because to do so would be anti-dilutive are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Employee stock options		244,543		375,277		887,287		427,645
Warrants outstanding		51,003		51,003		51,003		—
Total		295,546		426,280		938,290		427,645