Company: XAIR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005678
Chunk: 10

Company: Beyond Air, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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MENTS OF CASH FLOWS (UNAUDITED)

(amounts
in thousands)

    2024  
    2023 

    For the Nine Months Ended 

    December 31, 

    2024  
    2023 

    Cash flows from operating activities 

    Net loss 
    $(40,416) 
    $(49,739)
  
    Adjustments to reconcile net loss to net cash used in operating activities 

    Depreciation and amortization 
     2,209  
     1,185 
  
    Amortization of licensed right to use technology 
     154  
     154 
  
    Stock-based compensation 
     8,988  
     19,010 
  
    Amortization of debt discount 
     897  
     779 
  
    Change in fair value of warrant liability 
     (219) 
     (693)
  
    Change in fair value of derivative liability 
     (1,314) 
     (1,147)
  
    Amortization of operating lease assets 
     269  
     276 
  
    Foreign currency adjustments 
     -  
     (13)
  
    Loss on extinguishment of debt 
     2,534  
     - 
  
    Loss on termination of right-of use-asset 
     -  
     - 
  
    Write-off of assets no longer used 
     334  
     - 
  
    Unrealized gain/(loss) in marketable securities 
     42  
     99 
  
    Provision for inventory losses 
     341  
     - 
  
    Changes in: 

    Grant receivable 
     -  
     420 
  
    Inventory 
     (592) 
     (404)
  
    Accounts receivable 
     (320) 
     (294)
  
    Other current assets and prepaid expenses 
     1,649  
     (1,749)
  
    Accounts payable 
     314  
     340 
  
    Accrued expenses 
     (5,812) 
     (13,237)
  
    Operating lease liabilities 
     (319) 
     (276)
  
    Net cash used in operating activities 
    $(31,261) 
    $(45,289)

    Cash flows from