Company: XAIR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001493152-25-021561
Chunk: 28

Company: Beyond Air, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 28
---
    September 2024 equity offering 
     555,229  
    $7.59  
     -  
     September
                                            2029 
  
    September 2024 debt instrument 
     757,975  
    $7.59  
     -  
     September
                                            2029 
  
    September 2025 inducement 
     719,562  
    $2.21  
     -  
     September
                                            2030 
  
    Subtotal 
     2,535,395  
    $13.41  
    $-  

    Pre-funded warrants 
     606,367  
    $0.002  
    $1,399  
     September
                                            2029 
  
    Total 
     3,141,762  
    $10.83  
    $1,399  

    18

BEYOND
AIR, INC. AND SUBSIDIARIES

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE
5 OTHER CURRENT ASSETS AND PREPAID EXPENSES

A
summary of other current assets and prepaid expenses as of September 30, 2025 and March 31, 2025 is as follows (in thousands):

SCHEDULE OF CURRENT ASSETS AND PREPAID EXPENSES 

    September
    30, 2025  
    March
    31, 2025 
  
    Research and development 
    $197  
    $108 
  
    Prepaid insurance 
     327  
     817 
  
    Prepaid rents and tenant improvement 
     53  
     10 
  
    Demonstration materials 
     -  
     78 
  
    Value added tax receivable 
     78  
     150 
  
    Deposits to secure manufacturing materials 
     3,777  
     4,377 
  
    Other 
     175  
     203 
  
    Total other current assets
    and prepaid expenses 
    $4,607  
    $5,743 

NOTE
6 ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

A
summary of accrued expenses and other current liabilities as of September 30, 2025 and March 31, 2025 is as