Company: XAIR
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001641172-25-023243
Chunk: 11

Company: Beyond Air, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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 average number of shares of common stock outstanding - basic and diluted (1) 
     5,014,923  
     2,295,042 

(1)Prior period results
have been adjusted to reflect the one-for-twenty stock split in July 2025. See Note 1, Organization and Business for details.

The
accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

5

BEYOND
AIR, INC. AND SUBSIDIARIES

CONDENSED
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(UNAUDITED)

FOR
THE THREE MONTHS ENDED JUNE 30, 2025

(in
thousands, except share data)

    Number  
    Amount
                                                                                (1)  
    Stock  
    Capital  
    Deficit  
    Income/(Loss)  
    Interest  
    Equity 

    Common Stock (1)  
    Treasury  
    Additional Paid-in  
    Accumulated  
    Accumulated Other Comprehensive (loss)  
    Non- Controlling  
    Total 

    Number  
    Amount  
    Stock  
    Capital  
    Deficit  
    Income  
    Interest  
    Equity 
  
    Balance as of April 1, 2025 
     4,128,539  
    $-  
    $(25) 
    $299,990  
    $(286,322) 
    $(60) 
    $758  
    $14,341 
  
    Issuance of common stock – At The Market equity offering 
     564,699  
     -  
     -  
     2,441  
     -  
     -  
     -  
     2,441 
  
    Issuance of common stock - 2025 Reverse Stock Split rounding 
     46  
     -  
     -  
     -  
     -  
     -  
     -  
     - 
  
    Stock-based compensation 
     -  
     -  
     -  
     1,467  
     -  
     -  
     110  
     1,577 
  
    Other comprehensive income