v3.26.1
LOAN PAYABLE
12 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
LOAN PAYABLE

NOTE 10 LOAN PAYABLE

 

As of March 31, 2026 and March 31, 2025 in connection with the Company’s insurance policy, a loan was used to finance part of the premium. The details concerning the loan are as follows:

 

  

March 31,

2026

  

March 31,

2025

 
         
Amount outstanding (thousands)  $401   $579 
Monthly payments (thousands)  $59   $117 
Number of monthly payments remaining   7    5 
Interest rate   6.60%   6.25%
Due date   October 2026    August 2025 

 

 

BEYOND AIR, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS