---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-025433"
form_type: "8-K"
ticker: "XAIR"
cik: "0001641631"
company_name: "Beyond Air, Inc."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:02:01.727898+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Beyond Air reports FY2024 loss of $60.2M; cuts FY2025 revenue guidance to >$10M; extends loan interest-only period

## Summary
- FY2024 revenue $1.2M (vs. $0); net loss $60.2M ($1.82 loss per share).
- FY2025 revenue guidance revised to >$10M from $12-16M; net cash burn expected <$30M.
- Interest-only period on $40M term loan extended to June 30, 2025; further 12-month deferral contingent on $40M product revenue by Mar 2025.
- Issued warrants to Avenue funds for 100,000 shares at $1.28, expiring June 2029.
- Headcount reduced >20% since Jan 2024; new CCO David Webster appointed; cash and securities $34.5M.

## SEC filing metadata
- accession: 0001493152-24-025433
- form_type: 8-K
- ticker: XAIR
- cik: 0001641631
- company_name: Beyond Air, Inc.
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641631/000149315224025433/0001493152-24-025433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641631/000149315224025433/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-025433
- JSON: https://secwatch.observer/filing/0001493152-24-025433.json
- Plain text: https://secwatch.observer/filing/0001493152-24-025433.txt

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