secwatch.observer — SEC 8-K summary
======================================

Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001493152-26-006708
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Air Q3 revenue up 105% to $2.2M, net loss narrows; FY2026 guidance reaffirmed at $8-10M
--------------------------------------------------------------------------------

- Revenue $2.2M, up 105% YoY; gross profit $0.3M vs ($0.2M) gross loss prior year.
- Net loss $7.3M ($0.85 loss per share) vs $13.0M ($2.96 loss) prior year.
- Pro forma cash $22.3M, including Jan PIPE net proceeds of $4.5M; runway into CY2027.
- Appointed Dan Moorhead CFO; Bob Carey appointed Board Chairman.
- Binding LOI: XTL to acquire 85% of NeuroNOS; Beyond Air to receive up to $32.5M in cash, equity, milestones.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226006708/0001493152-26-006708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226006708/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-006708

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer