Company: XAIR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005678
Chunk: 1

Company: Beyond Air, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 5,430  
     11,567 

    Operating lease liability, net 
     1,567  
     1,898 
  
    Long-term debt, net 
     -  
     14,721 
  
    Long-term liability, related party 
     8,710  
     - 
  
    Warrant liability 
     56  
     275 
  
    Derivative liability 
     -  
     1,314 
  
    Total liabilities 
     15,763  
     29,775 

    Stockholders’ equity 

    Preferred Stock, $0.0001 par value per share: 10,000,000 shares authorized, 0 shares issued and outstanding 
     -  
     - 
  
    Common Stock, $0.0001 par value per share: 500,000,000 shares authorized, 74,328,645 and 45,900,821 shares issued and outstanding as of December 31, 2024 and March 31, 2024, respectively 
     7  
     5 
  
    Treasury stock 
     (25) 
     (25)
  
    Additional paid-in capital 
     296,000  
     264,780 
  
    Accumulated deficit 
     (278,288) 
     (239,697)
  
    Accumulated other comprehensive income (loss) 
     (51) 
     (15)
  
    Total stockholders’ equity attributable to Beyond Air, Inc 
     17,644  
     25,048 
  
    Non-controlling interest 
     738  
     2,138 
  
    Total equity 
     18,381  
     27,186 
  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 
    $34,144  
    $56,961 

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

 4 

BEYOND
AIR, INC. AND SUBSIDIARIES

CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(amounts
in thousands, except share and per share data)

(UNAUDITED)

    2024  
    2023  
    2024  
    2023