v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Current assets    
Cash and cash equivalents $ 5,509 $ 6,740
Marketable securities 4,303 4,901
Restricted cash 5,405 5,622
Accounts receivable, net 1,140 1,086
Inventory, net 1,292 1,406
Other current assets and prepaid expenses 5,200 5,012
Total current assets 22,849 24,767
Licensed right to use technology 966 1,018
Right-of-use lease assets 1,066 1,193
Property and equipment, net 7,916 8,249
Other assets 94 158
TOTAL ASSETS 32,891 35,385
Current liabilities    
Accounts payable 2,455 2,417
Accrued expenses and other current liabilities 3,998 3,372
Operating lease liability, current portion 223 321
Loans payable, current portion 231 401
Total current liabilities 6,907 6,511
Operating lease liability, net 977 1,023
Long-term debt, net 22,167 21,639
Warrant liability 1 2
Total liabilities 30,052 29,175
Stockholders’ equity    
Preferred Stock, $0.0001 par value per share: 10,000,000 shares authorized, 0 shares issued and outstanding
Common Stock, $0.0001 par value per share: 500,000,000 shares authorized, 743,418 and 589,639 shares issued and outstanding as of June 30, 2026 and March 31, 2026, respectively [1]
Treasury stock (25) (25)
Additional paid-in capital 329,415 325,588
Accumulated deficit (327,506) (319,571)
Accumulated other comprehensive income 113 134
Total stockholders’ equity attributable to Beyond Air, Inc 1,997 6,126
Non-controlling interest 842 84
Total stockholders’ equity 2,839 6,210
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 32,891 $ 35,385
[1] Prior period results have been adjusted to reflect the one-for-twenty stock split in July 2026. See Note 1, Organization and Business for details.