Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 1081

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 1C
Chunk 1081
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     (61,700)

    Loss from Operations 
     (44,537) 
     (63,006)

    Estimated contingent loss 
     -  
     (598)
  
    Dividend/investment income 
     705  
     1,739 
  
    Interest and finance expense 
     (3,019) 
     (2,912)
  
    Change in fair value of warrant liability 
     237  
     611 
  
    Change in fair value of derivative liability 
     1,314  
     48 
  
    Loss on extinguishment of debt 
     (2,447) 
     - 
  
    Loss on disposal/impairment of fixed assets 
     (738) 
     - 
  
    Foreign exchange (loss) 
     (3) 
     (6)
  
    Other income/(expense) 
     9  
     (169)

    Total other income/(expense) 
     (3,942) 
     (1,288)

    Net loss before income taxes 
     (48,479) 
     (64,295)

    Provision for income taxes 
     -  
     - 

    Net loss 
    $(48,479) 
    $(64,295)

    Less: net loss attributable to non-controlling interest 
     (1,854) 
     (4,053)

    Net loss attributed to Beyond Air, Inc. 
    $(46,625) 
    $(60,242)

    Other comprehensive income: 

    Foreign currency translation (loss) 
     (45) 
     (68)

    Comprehensive loss attributable to Beyond Air, Inc 
     (46,670) 
     (60,310)

    Net basic and diluted loss per share attributable to Beyond Air, Inc. 
    $(0.69) 
    $(1.82)

    Weighted average number of shares of common stock outstanding – basic and diluted 
     67,706,527  
     33,160,180 

78

Comparison of the year ended March 31, 2025
to the year ended March 31, 2024

Revenue and Cost of Revenue

$3.7
million and $1.2 revenue was recognized for the years ended March 31, 2025 and March 31,