---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-022243"
form_type: "8-K"
ticker: "XAIR"
cik: "0001641631"
company_name: "Beyond Air, Inc."
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:07:21.257289+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Beyond Air reports $59.4M net loss for FY2023; secures $40M debt facility

## Summary
- GAAP net loss of $59.4M ($55.8M attributable, $1.86 per share) vs $43.2M ($1.68) prior year.
- Cash, cash equivalents and marketable securities of $45.9M as of March 31, 2023.
- Secured up to $40M debt financing from Avenue Capital; $17.5M funded at 12% or Prime+3.75% with warrants.
- Completed phase 1 of LungFit PH commercial launch; shifted to phase 2; CE Mark and FDA label expansion expected in 2023.
- Licensed nNOS inhibitors from Hebrew University for autism; first-in-human study planned in 2025.

## SEC filing metadata
- accession: 0001493152-23-022243
- form_type: 8-K
- ticker: XAIR
- cik: 0001641631
- company_name: Beyond Air, Inc.
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641631/000149315223022243/0001493152-23-022243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641631/000149315223022243/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-022243
- JSON: https://secwatch.observer/filing/0001493152-23-022243.json
- Plain text: https://secwatch.observer/filing/0001493152-23-022243.txt

## Key facts
- Earnings Releases
  Beyond Air, Inc. reported financial results for fourth fiscal quarter and year ended March 31, 2023.
  - Period: fourth fiscal quarter and year ended March 31, 2023
  - Result: reported results
  source text: On June 22, 2023, Beyond Air, Inc. (the “Company”) issued a press release announcing financial results for its fourth fiscal quarter and year ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315223022243/0001493152-23-022243-index.htm

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