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

Company: Beyond Air, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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    For the Three Months Ended 

    June 30, 

    2025  
    2024 

    Revenues 
    $1,760  
    $683 

    Cost of revenues 
     (1,604) 
     (1,016)

    Gross profit/(loss) 
     156  
     (332)

    Operating expenses: 

    Research and development 
     (3,086) 
     (6,009)
  
    Selling, general and administrative 
     (4,687) 
     (7,239)
  
    Total operating expenses 
     (7,773) 
     (13,247)

    Loss from operations 
     (7,617) 
     (13,580)

    Other income (expense): 

    Dividend and interest income 
     28  
     361 
  
    Interest and finance expense 
     (548) 
     (964)
  
    Change in fair value of warrant liability 
     17  
     219 
  
    Change in fair value of derivative liability 
     -  
     1,058 
  
    Foreign exchange loss 
     (41) 
     (146)
  
    Loss on disposal of fixed assets 
     (11) 
     - 
  
    Other income/(expense) 
     94  
     (2)
  
    Total other income/(expense) 
     (461) 
     525 

    Loss before income taxes 
     (8,078) 
     (13,055)

    Provision for income taxes 
     -  
     - 

    Net loss 
    $(8,078) 
    $(13,055)

    Less: net loss attributable to non-controlling interest 
     (387) 
     (854)

    Net loss attributable to Beyond Air, Inc. 
    $(7,691) 
    $(12,201)

    Other comprehensive income, net of tax 

    Foreign currency translation gain 
     127  
     103 

    Comprehensive loss attributable to Beyond Air, Inc. 
    $(7,564) 
    $(12,098)

    Net basic and diluted loss per share attributable to Beyond Air, Inc. (1) 
    $(1.53) 
    $(5.32)

    Weighted