---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-007013"
form_type: "8-K"
ticker: "XAIR"
cik: "0001641631"
company_name: "Beyond Air, Inc."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:15:20.831175+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Beyond Air Q3 FY2024 net loss $16.2M; revenues $0.4M; FY2025 guidance reiterated $12-16M

## Summary
- Net loss $16.2M ($0.50 per share) vs $12.7M ($0.43) in Q3 FY2023; revenues $0.4M from zero prior year.
- FY2025 revenue guidance reiterated at $12M-$16M; LungFit PH filter shipments up >100% QoQ.
- PMA supplement for cardiac surgery label expansion accepted for filing and under FDA substantive review.
- Cash, marketable securities $31.4M as of Dec 31, 2023; raised $5.5M via ATM to offset burn.
- CMO Dr. Myers transitions to consultant effective Feb 16; CCO Duncan Fatkin leaves March 31.

## SEC filing metadata
- accession: 0001493152-24-007013
- form_type: 8-K
- ticker: XAIR
- cik: 0001641631
- company_name: Beyond Air, Inc.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641631/000149315224007013/0001493152-24-007013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641631/000149315224007013/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-007013
- JSON: https://secwatch.observer/filing/0001493152-24-007013.json
- Plain text: https://secwatch.observer/filing/0001493152-24-007013.txt

## Key facts
- Earnings Releases
  Beyond Air, Inc. reported third quarter of fiscal year 2024 (fiscal quarter ended December 31, 2023) results: revenue $0.4 million, net income ($16.2) million, EPS ($0.50) per share, basic and diluted. Guidance reaffirmed.
  - Period: third quarter of fiscal year 2024 (fiscal quarter ended December 31, 2023)
  - Revenue: $0.4 million
  - Net income: ($16.2) million
  - EPS: ($0.50) per share, basic and diluted
  - Guidance: reaffirmed
  - Result: reported results
  source text: and will provide updates as appropriate 2 Financial Results for the Fiscal Quarter Ended December 31, 2023 Revenues for the three months ended December 31, 2023 were $0.4 million compared to zero for the quarter ended December 31, 2022. Cost of revenue of $0.7 million was recognized for the three months ended December 31, 2023, compared to $0.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315224007013/0001493152-24-007013-index.htm

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