XAIR: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, XAIR has $30,965K in assets. $17,870K in debts. $9,699K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	9,699	4,976
Marketable securities	996	1,487
Restricted cash	163	163
Accounts receivable, net	892	804
Inventory, net	2,229	2,433
Other current assets and prepaid expenses	4,607	5,126
Total current assets	18,586	14,989
Licensed right to use technology	1,120	1,171
Right-of-use lease assets	1,561	1,654
Property and equipment, gross	16,350	-
Accumulated depreciation	6,958	-
Property and equipment, net	9,392	10,188
Other assets	306	112
Total assets	30,965	28,114

Accounts payable	1,915	1,242
Loans payable, current portion	-	233
Accrued expenses and other current liabilities	2,055	2,737
Operating lease liabilities, current portion	413	414
Total current liabilities	4,383	4,626
Operating lease liabilities, net	1,300	1,419
Long-term debt, net	10,085	9,621
Warrant liability	21	21
Other long-term liabilities	2,081	2,019
Total liabilities	17,870	17,706
Common stock, 0.0001 par value per share 500,000,000 shares authorized, 8,009,488 and 4,128,539 shares issued and outstanding as of september 30, 2025 and march 31, 2025, respectively	1	-
Treasury stock	25	25
Additional paid-in capital	314,625	303,898
Accumulated deficit	-301,953	-294,013
Accumulated other comprehensive income (loss)	85	67
Total stockholders equity attributable to beyond air, inc	12,733	9,927
Non-controlling interest	362	481
Total stockholders equity	13,095	10,408
Total liabilities and stockholders equity	30,965	28,114