Company: XAIR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005678
Chunk: 91

Company: Beyond Air, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part II, Item 8
Chunk 91
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 hierarchy.

     12 

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 presents, for each of the fair value hierarchy levels required under ASC 820, the Company’s assets and liabilities
that are measured at fair value on a recurring basis:

The
fair value amounts as of December 31, 2024 are:

  SCHEDULE
OF FAIR VALUE ON A RECURRING BASIS

    (in thousands) 
    Total  
    Level 1  
    Level 2  
    Level 3 

    Marketable securities: 

    Corporate debt securities 
    $-  
    $-  
    $-  
    $- 
  
    Government securities 
     -  
     -  
     -  
     - 
  
    Mutual funds 
     6,349  
     6,349  
     -  
     - 
  
    Total assets measured and recorded at fair value 
    $6,349  
    $6,349  
    $-  
    $- 

    Liabilities: 

    Warrant liability 
    $56  
    $-  
    $-  
    $56 
  
    Derivative liability 
     -  
     -  
     -  
     - 
  
    Total liabilities measured and recorded at fair value 
    $56  
    $-  
    $-  
    $56 

The
fair value amounts as of March 31, 2024 are:

    (in thousands) 
    Total  
    Level 1  
    Level 2  
    Level 3 

    Marketable securities: 

    Corporate debt securities 
    $-  
    $-  
    $-  
    $- 
  
    Government securities 
     16,388  
     16,388  
     -  
     - 
  
    Mutual funds 
     6,702  
     6,702  
     -  
     - 
  
    Total assets measured and recorded at fair value 
    $