Beyond Air, Inc.
For the period ended Mar 31, 2026. Filed Jun 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Jun 26, 2026
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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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Year Ended March 31, 2026 | Year Ended March 31, 2025 | |
|---|---|---|
| Revenues | $7,679 | $3,705 |
| Cost of revenues | 7,427 | 5,368 |
| Gross profit (loss) | 252 | (1,663) |
| Operating expenses: | ||
| Research and development | 10,241 | 16,857 |
| Selling, general and administrative | 19,055 | 26,017 |
| Total operating expenses | 29,296 | 42,874 |
| Loss from operations | (29,044) | (44,537) |
| Other income/(expense): | ||
| Dividend/investment income | 303 | 705 |
| Interest and finance expense | (3,515) | (3,019) |
| Change in fair value of warrant liability | 35 | 237 |
| Change in fair value of derivative liability | (1,395) | 1,314 |
| Foreign exchange loss | (108) | (3) |
| Loss on extinguishment of debt | (165) | (2,447) |
| Loss on disposal/impairment of fixed assets | (431) | (738) |
| Other income/(expense) | (14) | 9 |
| Total other income/(expense) | (5,290) | (3,942) |
| Loss before income taxes | (34,334) | (48,479) |
| Provision for income taxes | - | - |
| Net loss | $(34,334) | $(48,479) |
| Less: net loss attributable to non-controlling interest | (1,085) | (1,854) |
| Net loss attributable to Beyond Air, Inc. | $(33,249) | $(46,625) |
| Other comprehensive income/(loss), net of tax: | ||
| Foreign currency translation adjustment | 194 | (45) |
| Comprehensive loss attributable to Beyond Air, Inc. | $(33,055) | $(46,670) |
| Net basic and diluted loss per share attributable to Beyond Air, Inc. (1) | $(4.01) | $(13.77) |
| Weighted average number of shares of common stock outstanding – basic and diluted (1) | 8,300,916 | 3,385,327 |
| (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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