Beyond Air Inc
For the period ended Dec 31, 2023. Filed Feb 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 12, 2024
XAIR$2.52+10.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(amounts in thousands, except share and per share data)
| For the Three Months Ended · For the Nine Months Ended | ||||||
|---|---|---|---|---|---|---|
| December 31, · December 31, | ||||||
| 2023 · 2022 · 2023 · 2022 | ||||||
| Revenue | $391 | $ | - | $689 | $ | - |
| Cost of revenue | 748 | 68 | 1,483 | 247 | ||
| Gross loss | (356) | (68) | (794) | (247) | ||
| Operating expenses: | ||||||
| Research and development | (6,838) | (5,000) | (18,664) | (12,679) | ||
| General and administrative | (9,768) | (8,941) | (30,915) | (25,144) | ||
| Operating expenses | (16,606) | (13,941) | (49,578) | (37,823) | ||
| Operating loss | (16,963) | (14,010) | (50,372) | (38,070) | ||
| Other income (expense) | ||||||
| Dividend/interest income and gains on marketable securities | 388 | 271 | 1,438 | 388 | ||
| Interest expense | (919) | (46) | (1,991) | (142) | ||
| Change in fair value of warrant liability | 46 | - | 693 | - | ||
| Change in fair value of derivative liability | 135 | - | 1,147 | - | ||
| Foreign exchange gain and loss | 31 | 286 | (3) | (108) | ||
| Estimated liability for contingent loss | (11) | (248) | (609) | (248) | ||
| Other income/ (expense) | 35 | (52) | (42) | (71) | ||
| Total other income (expense) | (294) | 211 | 633 | (180) | ||
| Benefit from income taxes | - | - | - | - | ||
| Net loss | $(17,258) | $(13,798) | $(49,739) | $(38,250) | ||
| Less : net loss attributable to non-controlling interest | (1,038) | (1,051) | (3,204) | (2,601) | ||
| Net loss attributable to Beyond Air, Inc. | (16,220) | (12,747) | (46,535) | (35,649) | ||
| Foreign currency translation gain /(loss) | (9) | (184) | (19) | 159 | ||
| Comprehensive loss attributable to Beyond Air, Inc. | $(16,229) | $(12,931) | $(46,554) | $(35,490) | ||
| Net basic and diluted loss per share attributable to Beyond Air, Inc. | $(0.50) | $(0.43) | $(1.46) | $(1.19) | ||
| Weighted average number of shares, outstanding, basic and diluted | 32,462,476 | 29,921,254 | 31,883,799 | 29,902,694 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.