Beyond Air Inc (XAIR)

Name: Beyond Air Inc Financial Statements
Creator: Quarter Results

Healthcare | Medical Devices

Latest reporting period: 2025-09-30

Latest Quarter

2025-09-30

Revenue

$1.8M

Net Income

-$7.9M

Operating Margin

-421.4%

Free Cash Flow

-$44.1M

Debt / Assets

52.3%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Beyond Air Inc (XAIR).
Income Statement (Quarterly)	2025-09-30	2025-06-30	2024-12-31	2024-09-30
Revenue	1,818,000	1,760,000	1,072,000	798,000
Cost of Revenue	2,116,000	1,604,000	1,287,000	1,882,000
Gross Profit	-298,000	156,000	-215,000	-1,084,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	4,687,000	7,732,000	7,163,000
Operating Expenses	7,363,000	7,773,000	10,737,000	11,749,000
Operating Income	-7,661,000	-7,617,000	-10,952,000	-12,833,000
Interest Expense	639,000	548,000	549,000	927,000
Income Before Tax	-8,257,999	-8,078,000	-13,333,000	-14,029,000
Income Tax Expense	0	0	0	-671,000
Net Income	-7,940,000	-7,691,000	-13,032,000	-13,358,000
Per Share
EPS	-1.25	-1.53	-0.15	-0.14
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Beyond Air Inc (XAIR).
Income Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Revenue	3,705,000	1,159,000	0	0	873,190
Cost of Revenue	5,368,000	2,466,000	555,000	588,000	0
Gross Profit	-1,663,000	-1,307,000	-555,000	-588,000	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	26,017,000	37,337,000	34,694,000	18,408,000	10,468,341
Operating Expenses	42,874,000	61,700,000	51,504,000	30,210,000	23,086,690
Operating Income	-44,537,000	-63,006,000	-51,504,000	-40,710,000	-22,213,500
Interest Expense	3,019,000	2,912,000	30,000	775,000	641,626
Income Before Tax	-48,479,000	-64,295,000	-59,401,000	-44,060,000	-22,874,731
Income Tax Expense	0	0	-3,555,000	-108,000	0
Net Income	-46,625,000	-60,242,000	-55,816,000	-43,177,000	-22,874,731
Per Share
EPS	-13.77	-0.91	-0.93	-1.68	-1.27
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Beyond Air Inc (XAIR).
Balance Sheet (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	4,665,000	11,378,000	29,158,000	80,242,000
Short Term Investments	2,252,000	23,090,000	16,724,000	0
Net Receivables	860,000	548,000	651,000	604,000
Inventory	2,417,000	2,127,000	1,129,000	350,000
Total Current Assets	16,018,000	43,936,000	59,410,000	92,945,000
Property Plant Equipment	12,719,000	11,485,000	7,496,000	4,210,000
Goodwill and Intangibles	1,222,000	1,427,000	1,632,000	1,837,000
Total Assets	30,062,000	56,961,000	68,749,000	99,199,000
Liabilities
Account Payables	1,950,000	1,948,000	2,016,000	1,129,000
Short Term Debt	1,005,000	1,218,000	1,151,000	1,208,000
Total Current Liabilities	5,000,000	11,567,000	19,780,000	10,712,000
Long Term Debt	10,683,000	16,619,000	2,441,000	2,279,000
Total Liabilities	15,721,000	29,775,000	26,721,000	20,990,000
Shareholders Equity
Retained Earnings	-286,322,000	-239,697,000	-179,455,000	-123,639,000
Total Shareholders Equity	13,583,000	25,048,000	37,915,000	72,704,000

Balance sheet annual history for Beyond Air Inc (XAIR).
Balance Sheet (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Assets
Cash and Cash Equivalents	4,665,000	11,378,000	29,158,000	80,242,000	34,630,682
Short Term Investments	2,252,000	23,090,000	16,724,000	0	0
Net Receivables	860,000	548,000	651,000	604,000	466,272
Inventory	2,417,000	2,127,000	1,129,000	350,000	0
Total Current Assets	16,018,000	43,936,000	59,410,000	92,945,000	37,222,803
Property Plant Equipment	12,719,000	11,485,000	7,496,000	4,210,000	2,789,727
Goodwill and Intangibles	1,222,000	1,427,000	1,632,000	1,837,000	374,686
Total Assets	30,062,000	56,961,000	68,749,000	99,199,000	40,525,096
Liabilities
Account Payables	1,950,000	1,948,000	2,016,000	1,129,000	1,324,988
Short Term Debt	1,005,000	1,218,000	1,151,000	1,208,000	669,655
Total Current Liabilities	5,000,000	11,567,000	19,780,000	10,712,000	3,799,581
Long Term Debt	10,683,000	16,619,000	2,441,000	2,279,000	6,261,662
Total Liabilities	15,721,000	29,775,000	26,721,000	20,990,000	10,061,243
Shareholders Equity
Retained Earnings	-286,322,000	-239,697,000	-179,455,000	-123,639,000	-80,461,807
Total Shareholders Equity	13,583,000	25,048,000	37,915,000	72,704,000	30,463,853

Cash flow quarterly history for Beyond Air Inc (XAIR).
Cash Flow Statement (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	-48,479,000	-60,242,000	-59,401,000	-44,060,000
Depreciation & Amortization	3,571,000	2,352,000	1,170,000	588,000
Stock Based Compensation	9,146,000	21,337,000	19,558,000	7,831,000
Change in Working Capital	-6,152,000	-16,038,000	5,393,000	11,834,000
Operating Cash Flow	-38,218,000	-56,014,000	-33,009,000	-23,134,000
Investing Activities
Capital Expenditure	-5,883,000	-5,745,000	-3,877,000	-1,449,000
Investments	-5,883,000	-5,745,000	-3,877,000	-1,449,000
Investing Cash Flow	14,905,000	-12,235,000	-20,587,000	-1,450,000
Financing Activities
Debt Repayment	-6,728,000	14,983,000	-1,009,000	-658,000
Common Stock Issued/Repurchased	23,009,000	27,967,000	3,705,000	72,827,000
Dividends Paid	0	0	0	0
Financing Cash Flow	16,646,000	43,167,000	2,696,000	79,450,000
Summary
Free Cash Flow	-44,101,000	-61,759,000	-36,886,000	-24,583,000
Net Change in Cash	-6,712,000	-25,160,000	-50,943,000	54,962,000

Cash flow annual history for Beyond Air Inc (XAIR).
Cash Flow Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Operating Activities
Net Income	-48,479,000	-60,242,000	-59,401,000	-44,060,000	-22,874,731
Depreciation & Amortization	3,571,000	2,352,000	1,170,000	588,000	210,979
Stock Based Compensation	9,146,000	21,337,000	19,558,000	7,831,000	4,894,918
Change in Working Capital	-6,152,000	-16,038,000	5,393,000	11,834,000	-2,076,706
Operating Cash Flow	-38,218,000	-56,014,000	-33,009,000	-23,134,000	-19,639,376
Investing Activities
Capital Expenditure	-5,883,000	-5,745,000	-3,877,000	-1,449,000	-890,407
Investments	-5,883,000	-5,745,000	-3,877,000	-1,449,000	-890,407
Investing Cash Flow	14,905,000	-12,235,000	-20,587,000	-1,450,000	-890,407
Financing Activities
Debt Repayment	-6,728,000	14,983,000	-1,009,000	-658,000	-404,094
Common Stock Issued/Repurchased	23,009,000	27,967,000	3,705,000	72,827,000	30,111,223
Dividends Paid	0	0	0	0	0
Financing Cash Flow	16,646,000	43,167,000	2,696,000	79,450,000	30,332,379
Summary
Free Cash Flow	-44,101,000	-61,759,000	-36,886,000	-24,583,000	-20,529,783
Net Change in Cash	-6,712,000	-25,160,000	-50,943,000	54,962,000	9,802,596