Company: XAIR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001493152-25-021561
Chunk: 59

Company: Beyond Air, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 -  
     -  
     - 

    Net loss 
    $(8,258) 
    $(14,029) 
    $(16,336) 
    $(27,083)

    Less: net loss attributable to non-controlling interests 
     (318) 
     (671) 
     (705) 
     (1,525)

    Net loss attributable to Beyond Air, Inc. 
     (7,940) 
     (13,358) 
     (15,631) 
     (25,559)

    Foreign currency translation gain/(loss) 
     18  
     (79) 
     145  
     24 
  
    Comprehensive loss attributable to Beyond Air, Inc. 
    $(7,922) 
    $(13,438) 
    $(15,486) 
    $(25,535)

    Net basic and diluted loss per share of common stock attributable to Beyond Air, Inc. 
    $(1.25) 
    $(5.67) 
    $(2.75) 
    $(10.99)

    Weighted average number of shares, outstanding, basic and diluted 
     6,356,573  
     2,355,927  
     5,689,420  
     2,325,651 

30

Comparison
of Three and Six Months Ended September 30, 2025 with the Three and Six Months Ended September 30, 2024

Revenues
and Cost of Revenues

$1.8
million and $0.8 million revenue was recognized for the three months ended September 30, 2025 and September 30, 2024, respectively. Cost
of revenue of $2.1 million and gross losses of $0.3 million were recognized for the three months ended September 30, 2025, compared to
a cost of revenue of $1.9 million and gross losses of $1.1 million for the three months ended September 30, 2024.

$3.6
million and $1.5 million revenue was recognized for the six months ended September 30, 2025 and September 30, 2024, respectively. Cost
of revenue of $3.7 million and gross losses of $0.1 million were recognized for the six months ended September 30, 2025, compared to
a