Company: XAIR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005678
Chunk: 96

Company: Beyond Air, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part II, Item 8
Chunk 96
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 The Beyond Air segment includes
unallocated corporate expenses associated with the public company fees as well as all corporate related assets and liabilities.

The
following table summarizes segment financial information by business segment as of December 31, 2024:

  SCHEDULE
OF SEGMENT FINANCIAL INFORMATION BY BUSINESS SEGMENT

    (in thousands) 
    Beyond Air  
    Beyond Cancer  
    Total 
  
    Cash, cash equivalents, marketable securities and certain restricted cash 
    $7,138  
    $4,044  
    $11,182 
  
    All other assets 
     22,531  
     431  
     22,962 
  
    Total assets 
    $29,669  
    $4,475  
    $34,144 
  
    Total liabilities 
    $(14,869) 
    $(894) 
    $(15,763)
  
    Net assets 
    $14,800  
    $3,581  
    $18,381 
  
    Non-controlling interests 
    $-  
    $738  
    $738 

     15 

BEYOND
AIR, INC. AND SUBSIDIARIES

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE
2 SIGNIFICANT ACCOUNTING POLICIES AND OTHER RISKS AND UNCERTAINTIES (continued)

The
following table summarizes segment financial information by business segment at March 31, 2024:

    (in thousands) 
    Beyond Air  
    Beyond Cancer  
    Total 
  
    Cash, cash equivalents, marketable securities and certain restricted cash 
    $23,591  
    $10,877  
    $34,468 
  
    All other assets 
     21,747  
     746  
     22,493 
  
    Total assets 
    $45,338  
    $11,623  
    $56,961 
  
    Total liabilities 
    $(28,810) 
    $(965) 
    $(29,775)
  
    Net assets 
    $16,528  
    $10,658  
    $27,186 
  
    Non-controlling interests 
    $-  
    $2,138  
    $2,138 

The
following table summarizes segment financial performance by business segment for