Beyond Air, Inc. financial data

Symbol
XAIR on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
900 Stewart Avenue, Suite 301, Garden City, New York
State of incorporation
Delaware
Fiscal year end
March 31
Former names
AIT Therapeutics, Inc. (to 6/18/2019), KokiCare, Inc. (to 12/16/2016)
Latest financial report
Q1 2024 - Jun 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 407 % -24.4%
Quick Ratio 13.8 % +110%
Debt-to-equity 113 % +188%
Return On Equity -203 % -111%
Return On Assets -76.1 % -1.14%
Operating Margin -5.44 K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.9 M shares +44.9%
Common Stock, Shares, Outstanding 45.9 M shares +49.3%
Entity Public Float 66.9 M USD -66.8%
Common Stock, Value, Issued 5 K USD +66.7%
Weighted Average Number of Shares Outstanding, Basic 33.2 M shares +10.6%
Weighted Average Number of Shares Outstanding, Diluted 33.2 M shares +10.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.16 M USD
Cost of Revenue 2.47 M USD +344%
Research and Development Expense 24.4 M USD +44.9%
General and Administrative Expense 37.3 M USD +7.62%
Operating Income (Loss) -63 M USD -21%
Nonoperating Income (Expense) -1.29 M USD +82.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -64.3 M USD -8.24%
Net Income (Loss) Attributable to Parent -60.2 M USD -7.93%
Earnings Per Share, Basic -1.82 USD/shares +2.15%
Earnings Per Share, Diluted -1.82 USD/shares +2.15%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.4 M USD -61%
Marketable Securities, Current 23.1 M USD +38.1%
Cash, Cash Equivalents, and Short-term Investments 34.7 M USD -35.1%
Accounts Receivable, after Allowance for Credit Loss, Current 319 K USD
Inventory, Net 2.13 M USD +88.4%
Assets, Current 43.9 M USD -26%
Property, Plant and Equipment, Net 9.36 M USD +87.2%
Operating Lease, Right-of-Use Asset 2.12 M USD -14.9%
Other Assets, Noncurrent 113 K USD -46.7%
Assets 57 M USD -17.1%
Accounts Payable, Current 1.95 M USD -3.37%
Accrued Liabilities, Current 7.88 M USD -19.4%
Liabilities, Current 11.6 M USD -41.5%
Operating Lease, Liability, Noncurrent 1.9 M USD -18.2%
Other Liabilities, Noncurrent 4.5 M USD
Liabilities 29.8 M USD +11.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -15 K USD -128%
Retained Earnings (Accumulated Deficit) -240 M USD -33.6%
Stockholders' Equity Attributable to Parent 25 M USD -33.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 27.2 M USD -35.3%
Liabilities and Equity 57 M USD -17.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -56 M USD -69.7%
Net Cash Provided by (Used in) Financing Activities 43.2 M USD +1501%
Net Cash Provided by (Used in) Investing Activities -12.2 M USD +40.6%
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 45.9 M shares +49.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -25.2 M USD +50.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 82.8 M USD +109%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.76 M USD +4786%
Deferred Tax Assets, Valuation Allowance 59.2 M USD +33.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 59.2 M USD +33.2%
Operating Lease, Liability 2.32 M USD -14.1%
Depreciation 1.78 M USD +180%
Payments to Acquire Property, Plant, and Equipment 5.75 M USD +48.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -16.2 M USD -25.5%
Lessee, Operating Lease, Liability, to be Paid 2.91 M USD -16.8%
Property, Plant and Equipment, Gross 12.4 M USD +98%
Operating Lease, Liability, Current 418 K USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 549 K USD -7.42%
Lessee, Operating Lease, Liability, to be Paid, Year One 591 K USD +1.55%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 593 K USD -25.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 451 K USD -18.1%
Deferred Tax Assets, Operating Loss Carryforwards 40.3 M USD +42.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 402 K USD -11.1%
Operating Lease, Payments 577 K USD +15.4%
Additional Paid in Capital 265 M USD +21.8%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 205 K USD 0%
Depreciation, Depletion and Amortization 377 K USD +91%
Share-based Payment Arrangement, Expense 11.2 M USD +162%
Interest Expense 2.91 M USD +9607%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%