v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Mar. 31, 2026
Current assets    
Cash and cash equivalents $ 5,397 $ 6,740
Marketable securities 5,652 4,901
Restricted cash 4,832 5,622
Accounts receivable, net 1,450 1,086
Inventory, net 1,190 1,406
Other current assets and prepaid expenses 5,083 5,012
Current assets held for sale 3,024
Total current assets 26,628 24,767
Licensed right to use technology 915 1,018
Right-of-use lease assets 1,003 1,193
Property and equipment, net 7,632 8,249
Other assets 77 158
TOTAL ASSETS 36,255 35,385
Current liabilities    
Accounts payable 2,128 2,417
Accrued expenses and other current liabilities 4,094 3,372
Operating lease liability, current portion 211 321
Loans payable, current portion 58 401
Current liabilities held for sale 759
Total current liabilities 7,250 6,511
Operating lease liability, net 899 1,023
Long-term debt, net 21,982 21,639
Warrant liability 2
Total liabilities 30,131 29,175
Commitments and contingencies (Note 8)  
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, 1,620,615 and 589,639 shares issued and outstanding as of September 30, 2026 and March 31, 2026, respectively [1]
Treasury stock (25) (25)
Additional paid-in capital 340,604 325,588
Accumulated deficit (335,324) (319,571)
Accumulated other comprehensive income 72 134
Total stockholders’ equity attributable to Beyond Air, Inc. 5,327 6,126
Non-controlling interest 797 84
Total stockholders’ equity 6,124 6,210
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 36,255 $ 35,385
[1] Prior period results have been adjusted to reflect the one-for-twenty reverse stock split in July 2026. See Note 1, Organization and Business for details.