Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 220

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 14
Chunk 220
---
4 million of lease expense in general and administrative costs and $0.2 million in research and development.

 SCHEDULE OF LEASE OTHER INFORMATION

    Other Information For The Year Ended March 31, 2025 

    Cash paid for amounts included in the measurement of lease liabilities: 

    Cash paid 
    $557 
  
    Right-of-use assets obtained in exchange for new operating lease liabilities: 

    Weighted-average remaining lease term — operating leases 
     5.0 
  
    Weighted-average discount rate — operating leases 
     8.3%

 SCHEDULE
OF MATURITY OF LEASE LIABILITIES

    Maturity of Lease Liabilities 
    Operating Leases 
  
    Payments remaining for the year ended March 31: 

    2026 
    $532 
  
    2027 
     451 
  
    2028 
     402 
  
    2029 
     330 
  
    2030 
     259 
  
    Thereafter 
     326 
  
    Total lease payments 
     2,300 
  
    Less: interest 
     (418)
  
    Present value of lease liabilities 
    $1,882 

    F-26

BEYOND AIR, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 8 BASIC AND DILUTED NET LOSS PER SHARE OF
COMMON STOCK

In accordance with ASC 260, Earnings Per Share,
warrants that are accounted for as liabilities which are potentially dilutive have not been included in diluted earnings per share as
they would have been anti-dilutive during the year ended March 31, 2025.

The following potentially dilutive securities were
not included in the calculation of diluted net loss per share attributable to common stockholders of Beyond Air, Inc. because their effect
would have been anti-dilutive for the periods presented:

 SCHEDULE
OF POTENTIAL ANTI-DILUTIVE SECURITIES

    March 31, 2025  
    March 31, 2024 

    Common stock warrants 
     65,098,984  
     10,124,586 
  
    Common stock options 
     14,783,973  
     11,283,469 
  
    Restricted shares 
     365,300  
     618,900 
  
    Loan and