Beyond Air, Inc.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
View on SEC.govAbout this filing
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, 2025 · Filed Feb 13, 2026
XAIR$2.52+10.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders’ Equity
FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025
| Common Stock (1) · Treasury · Additional Paid-in · Accumulated · Accumulated Other Comprehensive (loss) · Non- Controlling · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Number · Amount · Stock · Capital · Deficit · Income · Interest · Equity | |||||||||
| Balance as of April 1, 2025 | 4,128,539 | $ | - | $(25) | $299,990 | $(286,322) | $(60) | $758 | $14,341 |
| Issuance of common stock – At The Market equity offering | 564,699 | - | - | 2,441 | - | - | - | 2,441 | |
| Issuance of common stock - 2025 Reverse Stock Split rounding | 46 | - | - | - | - | - | - | - | |
| Stock-based compensation | - | - | - | 1,467 | - | - | 110 | 1,577 | |
| Other comprehensive income | - | - | - | - | - | 127 | - | 127 | |
| Net loss | - | - | - | - | (7,691) | - | (387) | (8,078) | |
| Balance as of June 30, 2025 | 4,693,284 | $ | - | $(25) | $303,898 | $(294,013) | $67 | $481 | $10,408 |
| NeuroNos issuance of stock | - | - | - | 414 | - | - | 86 | 500 | |
| Issuance of warrants through September 2025 Inducement | - | - | - | 90 | - | - | - | 90 | |
| Issuance of common stock upon exercise of warrants | 1,439,128 | - | - | 2,868 | - | - | - | 2,868 | |
| Issuance of common stock – At The Market equity offering | 1,877,076 | 1 | - | 5,693 | - | - | - | 5,694 | |
| Stock-based compensation | - | - | - | 1,662 | - | - | 113 | 1,775 | |
| Other comprehensive income | - | - | - | - | - | 18 | - | 18 | |
| Net loss | - | - | - | - | (7,940) | - | (318) | (8,258) | |
| Balance as of September 30, 2025 | 8,009,488 | $1 | $(25) | $314,625 | $(301,953) | $85 | $362 | $13,095 | |
| NeuroNos issuance of stock | - | - | - | 159 | - | - | 41 | 200 | |
| Issuance of warrants | - | - | - | 1,093 | - | - | - | 1,093 | |
| Issuance of common stock upon exercise of warrants | 386,361 | - | - | - | - | - | - | - | |
| Issuance of common stock upon vesting of restricted stock | 8,505 | - | - | - | - | - | - | - | |
| Stock-based compensation | - | - | - | 1,437 | - | - | 66 | 1,503 | |
| Other comprehensive income | - | - | - | - | - | 25 | - | 25 | |
| Net loss | - | - | - | - | (7,336) | - | (294) | (7,630) | |
| Balance as of December 31, 2025 | 8,404,354 | $1 | $(25) | $317,314 | $(309,289) | $110 | $175 | $8,286 | |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2024
| Common Stock (1) · Treasury · Additional Paid-in · Accumulated · Accumulated Other Comprehensive (loss) · Non-Controlling · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Number · Amount · Stock · Capital · Deficit · Income · Interest · Equity | |||||||||
| Balance as of April 1, 2024 | 2,295,042 | $ | - | $(25) | $264,785 | $(239,697) | $(15) | $2,138 | $27,186 |
| Issuance of common stock warrants | - | - | - | 86 | - | - | - | 86 | |
| Stock-based compensation | - | - | - | 3,093 | - | - | 285 | 3,379 | |
| Other comprehensive income | - | - | - | - | - | 103 | - | 103 | |
| Net loss | - | - | - | - | (12,201) | - | (854) | (13,055) | |
| Balance as of June 30, 2024 | 2,295,042 | $ | - | $(25) | $267,965 | $(251,898) | $88 | $1,570 | $17,699 |
| Sale of common stock and pre-funded warrants | 1,250,000 | - | - | 18,858 | - | - | - | 18,858 | |
| Issuance of warrants through September 2024 debt agreement | - | - | - | 3,073 | - | - | - | 3,073 | |
| Issuance of common stock – At The Market equity offering | 64,341 | - | - | 642 | - | - | - | 642 | |
| Stock-based compensation | - | - | - | 2,862 | - | - | 268 | 3,129 | |
| Other comprehensive loss | - | - | - | - | - | (79) | - | (79) | |
| Net loss | - | - | - | - | (13,358) | - | (671) | (14,029) | |
| Balance as of September 30, 2024 | 3,609,383 | $ | - | $(25) | $293,398 | $(265,255) | $9 | $1,167 | $29,294 |
| Issuance of common stock upon exercise of warrants | 94,936 | - | - | - | - | - | - | - | |
| Issuance of common stock upon vesting of restricted stock | 12,115 | - | - | - | - | - | - | - | |
| Stock-based compensation | - | - | - | 2,609 | - | - | (129) | 2,480 | |
| Other comprehensive loss | - | - | - | - | - | (61) | - | (61) | |
| Net loss | - | - | - | - | (13,032) | - | (300) | (13,333) | |
| Balance as of December 31, 2024 | 3,716,434 | $ | - | $(25) | $296,007 | $(278,288) | $(52) | $738 | $18,381 |
| (1) | Prior period results have been adjusted to reflect the one-for-twenty stock split in July 2025. See Note 1, Organization and Business for details. |
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