Company: XAIR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001493152-25-021561
Chunk: 39

Company: Beyond Air, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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 other assets 
     20,274  
     42  
     (46) 
     20,270 
  
    Total assets 
    $28,039  
    $1,545  
    $1,381  
    $30,965 
  
    Total liabilities 
     (17,025) 
     (502) 
     (343) 
     (17,870)
  
    Net assets 
    $11,014  
    $1,043  
    $1,038  
    $13,095 
  
    Non-controlling interest 
    $-  
    $208  
    $154  
    $362 

The
following table summarizes financial information by business segment at March 31, 2025:

    (in thousands) 
    Beyond Air  
    Beyond Cancer  
    NeuroNos  
    Total 
  
    Cash, cash equivalents and marketable securities 
    $2,750  
    $2,167  
    $2,000  
    $6,917 
  
    All other assets 
     22,116  
     1,029  
     -  
     23,145 
  
    Total assets 
    $24,866  
    $3,196  
    $2,000  
    $30,062 
  
    Total liabilities 
     (15,082) 
     (589) 
     (50) 
     (15,721)
  
    Net assets 
    $9,784  
    $2,607  
    $1,950  
    $14,341 
  
    Non-controlling interest 
    $-  
    $529  
    $229  
    $758 

NOTE
12 – SUBSEQUENT EVENTS

On
November 4, 2025, the Company entered into and closed on a note purchase agreement (the “Note Purchase Agreement”) with
Streeterville Capital LLC (“Streeterville” or “Investor”), which provided for the issuance of a secured
promissory note in the principal amount of $12.0 million (the “Note”). The principal amount of the Note is due 24 months
following the date of issuance. Interest will accrue at the rate of 15% per annum, with no interest accruing for the first 12
months following issuance;