Company: XAIR
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001641172-25-023243
Chunk: 34

Company: Beyond Air, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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    $0.002  
    $2,088  
    September 2029
  
    Total 
     3,861,333  
    $11.22  
    $2,088  

    18

BEYOND
AIR, INC. AND SUBSIDIARIES

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE
5 OTHER CURRENT ASSETS AND PREPAID EXPENSES

A
summary of current assets and prepaid expenses as of June 30, 2025 and March 31, 2025 is as follows (in thousands):

 SCHEDULE OF CURRENT ASSETS AND PREPAID EXPENSES 

    June 30, 2025  
    March 31, 2025 
  
    Research and development 
    $68  
    $108 
  
    Prepaid insurance 
     572  
     817 
  
    Prepaid rents and tenant improvement 
     56  
     10 
  
    Demonstration materials 
     78  
     78 
  
    Value added tax receivable 
     219  
     150 
  
    Deposits to secure manufacturing materials 
     3,977  
     4,377 
  
    Other 
     156  
     203 
  
    Total 
    $5,126  
    $5,743 
  
    Prepaid
    expenses and other current assets 
    $5,126  
    $5,743 

NOTE
6 ACCRUED EXPENSES

A
summary of the accrued expenses as of June 30, 2025 and March 31, 2025 is as follows (in thousands):

 SUMMARY OF ACCRUED EXPENSES 

    June 30, 2025  
    March 31, 2025 
  
    Research and development 
    $539  
    $360 
  
    Professional fees 
     280  
     440 
  
    Employee salaries and benefits 
     743  
     924 
  
    Deferred revenue 
     921  
     - 
  
    Goods received not invoiced 
     77  
     98 
  
    Other 
     177  
     223 
  
    Total short-term accrued expenses 
    $2,737  
    $2,045 

NOTE