Wireless connectivity solutions provider, Airgain Inc. (NASDAQ: AIRG), reported its financial results for Q4 and full year ended December 31, 2022, with sales of $75.9 million, up 3% from Q3 2022. While CEO Jacob Suen acknowledged facing headwinds in the near-term, he expressed optimism and focus on increasing technology leadership and expanding target markets. GAAP gross margin for Q4 2022 was 29%, down from Q3 due to an inventory charge related to AirgainConnect HPUE, change in sales mix and lower enterprise margin. Non-GAAP gross margin for Q4 2022 was 30.7%, down from 39% in Q3 2022. They also provided their financial outlook for Q1 2023, expecting GAAP gross margin to be in the range of 36% to 39% and non-GAAP gross margin in the range of 37% to 40%. Investors should note that Airgain has cautioned that due to their current operating environment, actual results may differ from these forward-looking statements.