v3.26.3
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenues $ 2,324 $ 1,818 $ 4,092 $ 3,578
Cost of revenues 2,127 2,116 3,670 3,720
Gross profit (loss) 197 (298) 422 (142)
Operating expenses:        
Research and development 1,581 2,450 3,540 5,536
Selling, general, and administrative 4,591 4,913 9,469 9,600
Total operating expenses 6,172 7,363 13,009 15,136
Loss from operations (5,975) (7,661) (12,587) (15,278)
Other income/(expense):        
Dividend/investment income 93 59 196 87
Interest and finance expense (1,504) (639) (2,996) (1,187)
Change in fair value of warrant liability 1 (1) 2 16
Foreign exchange gain/(loss) 29 (18) 69 (59)
Loss on extinguishment of debt (252) (405)
Loss on disposal of fixed assets (46) (52) (57)
Loss on contract manufacturer’s inventory obsolescence (567) (567)
Other income 48 11 142
Total other expense (2,200) (597) (3,742) (1,058)
Loss before income taxes (8,175) (8,258) (16,329) (16,336)
Provision for income taxes
Net loss (8,175) (8,258) (16,329) (16,336)
Less: net loss attributable to non-controlling interest (357) (318) (576) (705)
Net loss attributable to Beyond Air, Inc. (7,818) (7,940) (15,753) (15,631)
Other comprehensive income/(loss), net of tax        
Foreign currency translation adjustment (41) 18 (62) 145
Comprehensive loss attributable to Beyond Air, Inc. $ (7,859) $ (7,922) $ (15,815) $ (15,486)
Net basic loss per share attributable to Beyond Air, Inc. [1] $ (3.76) $ (24.98) $ (11.22) $ (54.95)
Net diluted loss per share attributable to Beyond Air, Inc. [1] $ (3.76) $ (24.98) $ (11.22) $ (54.95)
Weighted average number of shares of common stock outstanding - basic [1] 2,078,853 317,829 1,403,780 284,471
Weighted average number of shares of common stock outstanding - diluted [1] 2,078,853 317,829 1,403,780 284,471
[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.