Beyond Air Q2 FY2025 revenue $0.8M (+17% QoQ); extends cash runway through June 2026

Beyond Air, Inc.

2024-Q2 EPS reported -$0.55 revenue$1,481,000

Revenue $0.8M vs $0.2M YoY; cost of revenue $1.9M (depreciation & upgrade costs).
Cash, equivalents & marketable securities $28.4M; pro forma cash $18.5M after subsequent closings.
Retired $17.5M Avenue Capital debt; entered $11.5M loan (8% royalty on net sales from July 2026).
Completed $20.6M private placement with healthcare-focused funds and insiders.
Hospital contracts increased 60% in Q2; annualized contracted revenue $3.5M as of Oct 1, 2024.

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