Company: XAIR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001493152-25-021561
Chunk: 2

Company: Beyond Air, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(in
thousands, except share data)

(UNAUDITED)

    2025  
    2024  
    2025  
    2024 

    For the Three
    Months Ended  
    For the Six
    Months Ended 

    September
    30,  
    September
    30, 

    2025  
    2024  
    2025  
    2024 

    Revenues 
    $1,818  
    $798  
    $3,578  
    $1,481 

    Cost of revenues 
     2,116  
     1,882  
     3,720  
     2,897 

    Gross loss 
     (298) 
     (1,084) 
     (142) 
     (1,416)

    Operating expenses: 

    Research and development 
     (2,450) 
     (4,585) 
     (5,536) 
     (10,594)
  
    Selling,
    general and administrative 
     (4,913) 
     (7,163) 
     (9,600) 
     (14,402)
  
    Total operating expenses 
     (7,363) 
     (11,748) 
     (15,136) 
     (24,995)

    Loss from operations 
     (7,661) 
     (12,833) 
     (15,278) 
     (26,412)

    Other income/(expense): 

    Dividend/investment income 
     59  
     150  
     87  
     511 
  
    Interest and finance expense 
     (639) 
     (927) 
     (1,187) 
     (1,891)
  
    Change in fair value of
    warrant liability 
     (1) 
     (4) 
     16  
     214 
  
    Change in fair value of
    derivative liability 
     -  
     256  
     -  
     1,314 
  
    Foreign exchange gain/(loss) 
     (18)