Beyond Air Inc
For the period ended Jun 30, 2024. Filed Aug 6, 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.
Jun 30, 2024 · Filed Aug 6, 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)
(UNAUDITED)
| For the Three Months Ended | ||
|---|---|---|
| June 30, | ||
| 2024 | 2023 | |
| Revenues | $683 | $59 |
| Cost of revenues | (1,016) | (303) |
| Gross loss | (332) | (244) |
| Operating expenses: | ||
| Research and development | (6,009) | (4,695) |
| Selling, general and administrative | (7,239) | (10,936) |
| Total operating expenses | (13,247) | (15,631) |
| Loss from operations | (13,580) | (15,875) |
| Other income (expense) | ||
| Dividend and interest income | 361 | 409 |
| Interest and finance expense | (964) | (158) |
| Change in fair value of warrant liability | 219 | 324 |
| Change in fair value of derivative liability | 1,058 | 512 |
| Foreign exchange gain / (loss) | (146) | 8 |
| Estimated liability for contingent loss | - | (198) |
| Other income / (expense) | (2) | (77) |
| Total other income/(expense) | 525 | 820 |
| Net loss before income taxes | (13,055) | (15,055) |
| Provision for income taxes | - | - |
| Net loss | $(13,055) | $(15,055) |
| Less : net loss attributable to non-controlling interest | (854) | (960) |
| Net loss attributable to Beyond Air, Inc. | $(12,201) | $(14,095) |
| Foreign currency translation gain | 103 | 25 |
| Comprehensive loss attributable to Beyond Air, Inc. | $(12,098) | $(14,070) |
| Net basic and diluted loss per share attributable to Beyond Air, Inc. | $(0.27) | $(0.45) |
| Weighted average number of shares, outstanding basic and diluted | 45,900,821 | 31,382,986 |
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