Company: XAIR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005678
Chunk: 107

Company: Beyond Air, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part II, Item 8
Chunk 107
---
    $(735) 
    $1,428  
    $280 
    $4,013 
  
    General and administrative 
     3,214  
     5,007  
     8,708  
     14,997 
  
    Total stock-based compensation expense 
    $2,479  
    $6,435  
    $8,988  
    $19,010 

Warrants

A
summary of the Company’s outstanding warrants as of December 31, 2024 is as follows: 

SUMMARY
OF COMPANY’S OUTSTANDING WARRANTS 

    Warrant Holders 
    Number of Warrants  
    Exercise Price  
    Intrinsic Value (in thousands)  
    Date of Expiration 

    March 2020 loan 
     172,187  
    $3.66  
    $      -  
     March 2025 
  
    NitricGen agreement 
     80,000  
    $6.90  
     -  
     January 2028 
  
    Avenue agreement 
     233,843  
    $0.38  
     -  
     June 2028 
  
    March 2024 raise 
     9,638,556  
    $2.25  
     -  
     March 2027 
  
    Avenue extension agreement 
     100,000  
    $1.28  
     -  
     June 2029 
  
    September 2024 equity offering 
     40,848,711  
    $0.38  
     -  
     September 2029 
  
    September 2024 debt instrument 
     15,159,504  
    $0.38  
     -  
     September 2029 
  
    Sub-total 
     66,232,801  
    $0.67  
    $-  

    Pre-funded warrants 
     13,949,995  
    $0.0001  
    $-  
     September 2029 
  
    Total 
     80,182,796  
    $0.55  
    $-  

On
September 30, 2024, warrants to purchase up to an aggregate of