Company: XAIR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005678
Chunk: 169

Company: Beyond Air, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 2
Chunk 169
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 $(40,416) 
    $(49,739)

    Less : net loss attributable to non-controlling interests 
     (300) 
     (1,038) 
     (1,825) 
     (3,204)

    Net loss attributable to Beyond Air, Inc. 
     (13,032) 
     (16,220) 
     (38,591) 
     (46,535)

    Foreign currency translation loss 
     (61) 
     (9) 
     (37) 
     (19)
  
    Comprehensive loss attributable to Beyond Air, Inc. 
    $(13,093) 
    $(16,229) 
    $(38,628) 
    $(46,554)

    Net basic and diluted loss per share attributable to Beyond Air, Inc. 
    $(0.15) 
    $(0.50) 
    $(0.64) 
    $(1.46)

    Weighted average number of shares, outstanding, basic and diluted 
     88,074,511  
     32,472,476  
     60,417,218  
     31,883,799 

 33 

Comparison
of Three and Nine Months Ended December 31, 2024 with the Three and Nine Months Ended December 31, 2023

Revenues
and Cost of Revenues

$1.1
million and $0.4 million revenue was recognized for the three months ended December 31, 2024 and December 31, 2023, respectively. Cost
of revenue of $1.3 million and gross losses of $0.2 million were recognized for the three months ended December 31, 2024, compared to
a cost of revenue of $0.8 million and gross losses of $0.4 million for the three months ended December 31, 2023.

$2.6
million and $0.7 million revenue was recognized for the nine months ended December 31, 2024 and December 31, 2023, respectively. Cost
of revenue of $4.1 million and gross losses of $1.6 million were recognized for the nine months ended December 31, 2024, compared to
a cost of revenue of $1.5 million and gross losses of $0.8 million for the nine months ended December 31, 2023