---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-004522"
form_type: "8-K"
ticker: "XAIR"
cik: "0001641631"
company_name: "Beyond Air, Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:06:44.423182+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Beyond Air Q3 FY2023 net loss $12.7M; expects first LungFit PH sales in March quarter

## Summary
- Net loss attributable to shareholders $12.7M ($0.43/share) vs $7.7M ($0.29) a year ago.
- Cash and equivalents $63.2M; quarterly cash burn $9.3M in line with $8.0-10.0M guidance.
- R&D expenses $5.0M (+99% YoY) from Beyond Cancer scale-up; G&A $8.9M (+82% YoY) for commercial launch.
- CE Mark for LungFit PH expected H1 FY2024; PMA supplement for cardiac label in H1 CY2023.
- US VCAP trial planned Q4 CY2023; NTM trial in H2 FY2025.

## SEC filing metadata
- accession: 0001493152-23-004522
- form_type: 8-K
- ticker: XAIR
- cik: 0001641631
- company_name: Beyond Air, Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641631/000149315223004522/0001493152-23-004522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641631/000149315223004522/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-004522
- JSON: https://secwatch.observer/filing/0001493152-23-004522.json
- Plain text: https://secwatch.observer/filing/0001493152-23-004522.txt

## Key facts
- Earnings Releases
  Beyond Air, Inc. reported third fiscal quarter ended December 31, 2022 results: net income GAAP net loss of $13.8 million, of which $12.7 million, or ($0.43) per share, was attributable to the shareholders of Be, EPS ($0.43) per share.
  - Period: third fiscal quarter ended December 31, 2022
  - Net income: GAAP net loss of $13.8 million, of which $12.7 million, or ($0.43) per share, was attributable to the shareholders of Be
  - EPS: ($0.43) per share
  - Result: reported results
  source text: For the fiscal quarter ended December 31, 2022, the Company had a GAAP net loss of $13.8 million, of which $12.7 million, or ($0.43) per share, was attributable to the shareholders of Beyond Air, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315223004522/0001493152-23-004522-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.