Beyond Air, Inc. balance sheet
At the end of fiscal 2026, Beyond Air, Inc. had total assets of $35.4m, total liabilities of $29.2m and shareholders' equity of $6.1m. It held $6.7m in cash against $21.6m of debt.
Balance sheet
| Fiscal year | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1 | 20 | 35 | 11 | 5 | 7 | 6 |
| Receivables | — | — | 0 | 0 | 1 | 1 | 1 |
| Inventory | — | — | — | 2 | 2 | 1 | 1 |
| Total current assets | 9 | 27 | 37 | 44 | 16 | 25 | 23 |
| Total assets | 9 | 27 | 41 | 57 | 30 | 35 | 33 |
| Accounts payable | 1 | 2 | 1 | 2 | 2 | 2 | 2 |
| Deferred revenue (current) | 2 | 1 | — | — | — | 1 | 1 |
| Total current liabilities | 5 | 5 | 4 | 12 | 5 | 7 | 7 |
| Long-term debt | — | — | 4 | 18 | — | — | — |
| Total debt | 0 | 0 | 4 | 18 | 12 | 22 | 22 |
| Total liabilities | 5 | 9 | 10 | 30 | 16 | 29 | 30 |
| Shareholders' equity | 4 | 18 | 30 | 25 | 14 | 6 | 2 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | — | 2 | 1 | — | 1 |
| Shares outstanding | — | — | — | — | 4m | 9m | — |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Inventory | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Total current assets | 38 | 19 | 16 | 15 | 19 | 26 | 25 | 23 |
| Total assets | 53 | 34 | 30 | 28 | 31 | 37 | 35 | 33 |
| Accounts payable | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 2 |
| Deferred revenue (current) | — | — | — | — | — | 1 | 1 | 1 |
| Total current liabilities | 7 | 5 | 5 | 5 | 4 | 5 | 7 | 7 |
| Long-term debt | 13 | 12 | — | — | — | — | — | — |
| Total debt | 13 | 12 | — | — | — | — | — | — |
| Total liabilities | 24 | 16 | 16 | 18 | 18 | 28 | 29 | 30 |
| Shareholders' equity | 28 | 18 | 14 | 10 | 13 | 8 | 6 | 2 |
| Non-controlling interests and other (assets − liabilities − equity) | 1 | 1 | 1 | — | — | — | — | 1 |
| Shares outstanding | 72m | 74m | 4m | 5m | 8m | 8m | — | — |
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