Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 179

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 14
Chunk 179
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 liability, net 
     1,486  
     1,898 
  
    Long-term debt, net 
     9,197  
     14,721 
  
    Warrant liability 
     38  
     275 
  
    Derivative liability 
     -  
     1,314 
  
    Total liabilities 
     15,721  
     29,775 

    Stockholders’ equity 

    Preferred Stock, $0.0001 par value per share: 10,000,000 shares authorized, 0 shares issued and outstanding 
     -  
     - 
  
    Common Stock, $0.0001 par value per share: 500,000,000 shares authorized, 82,570,726 and 45,900,821 shares issued and outstanding as of March 31, 2025 and 2024, respectively 
     8  
     5 
  
    Treasury stock 
     (25) 
     (25)
  
    Additional paid-in capital 
     299,982  
     264,780 
  
    Accumulated deficit 
     (286,322) 
     (239,697)
  
    Accumulated other comprehensive loss 
     (60) 
     (15)
  
    Total stockholders’ equity attributable to Beyond Air, Inc. 
     13,583  
     25,048 
  
    Non-controlling interest 
     758  
     2,138 
  
    Total equity 
     14,341  
     27,186 
  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 
    $30,062  
    $56,961 

The
accompanying notes are an integral part of these consolidated financial statements.

F-4

BEYOND
AIR, INC. AND SUBSIDIARIES

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(in
thousands except share data)

    Year Ended March 31, 2025  
    Year Ended March 31, 2024 

    Revenues 
    $3,705  
    $1,159 

    Cost of revenues 
     (5,368) 
     (2,466)

    Gross loss 
     (1,663) 
     (1,307)