$XAIR
Beyond Air, Inc.

2022 Form 10-K Financial Statement

#000149315222018006 Filed on June 29, 2022

View on sec.gov

Income Statement

Concept 2022 2021
Revenue $0.00 $873.2K
YoY Change -100.0% -37.18%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $18.41M $10.47M
YoY Change 75.84% 17.89%
% of Gross Profit
Research & Development $11.80M $12.62M
YoY Change -6.47% 18.48%
% of Gross Profit
Depreciation & Amortization $352.0K $211.0K
YoY Change 66.84% 31.86%
% of Gross Profit
Operating Expenses $30.21M $23.09M
YoY Change 30.85% 18.21%
Operating Profit -$40.71M
YoY Change
Interest Expense -$915.0K -$661.2K
YoY Change 38.38% -66.09%
% of Operating Profit
Other Income/Expense, Net -$3.350M
YoY Change
Pretax Income -$44.06M -$22.87M
YoY Change 92.61% 13.8%
Income Tax
% Of Pretax Income
Net Earnings -$43.18M -$22.87M
YoY Change 88.76% 14.72%
Net Earnings / Revenue -2619.67%
Basic Earnings Per Share -$1.68
Diluted Earnings Per Share -$1.682M -$1.270M
COMMON SHARES
Basic Shares Outstanding 25.67M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.24M $34.63M
YoY Change 131.71% 74.64%
Cash & Equivalents $80.24M $34.63M
Short-Term Investments
Other Short-Term Assets $11.75M $2.126M
YoY Change 452.67% -68.37%
Inventory $350.0K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $92.95M $37.22M
YoY Change 149.7% 39.52%
LONG-TERM ASSETS
Property, Plant & Equipment $4.211M $2.790M
YoY Change 50.95% 720.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $206.0K $137.9K
YoY Change 49.41%
Total Long-Term Assets $6.254M $3.302M
YoY Change 89.38% 340.31%
TOTAL ASSETS
Total Short-Term Assets $92.95M $37.22M
Total Long-Term Assets $6.254M $3.302M
Total Assets $99.20M $40.53M
YoY Change 144.78% 47.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.129M $1.325M
YoY Change -14.79% -41.37%
Accrued Expenses $8.655M $1.918M
YoY Change 351.23% 63.94%
Deferred Revenue
YoY Change
Short-Term Debt $927.0K $556.5K
YoY Change 66.57% 63.68%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.71M $3.800M
YoY Change 181.93% -21.98%
LONG-TERM LIABILITIES
Long-Term Debt $200.0K $4.472M
YoY Change -95.53% 3.05%
Other Long-Term Liabilities $10.08M $1.789M
YoY Change 463.19% 1276.51%
Total Long-Term Liabilities $10.28M $6.262M
YoY Change 64.14% 40.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.71M $3.800M
Total Long-Term Liabilities $10.28M $6.262M
Total Liabilities $26.50M $10.06M
YoY Change 163.34% 7.72%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $72.70M $30.46M
YoY Change
Total Liabilities & Shareholders Equity $99.20M $40.53M
YoY Change 144.78% 47.74%

Cashflow Statement

Concept 2022 2021
OPERATING ACTIVITIES
Net Income -$43.18M -$22.87M
YoY Change 88.76% 14.72%
Depreciation, Depletion And Amortization $352.0K $211.0K
YoY Change 66.84% 31.86%
Cash From Operating Activities -$23.13M -$19.64M
YoY Change 17.79% 28.78%
INVESTING ACTIVITIES
Capital Expenditures -$1.380M -$890.4K
YoY Change 54.98% 2126.03%
Acquisitions
YoY Change
Other Investing Activities -$70.00K
YoY Change
Cash From Investing Activities -$1.450M -$890.4K
YoY Change 62.85% -120.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 79.45M 30.33M
YoY Change 161.93% -13.16%
NET CHANGE
Cash From Operating Activities -23.13M -19.64M
Cash From Investing Activities -1.450M -890.4K
Cash From Financing Activities 79.45M 30.33M
Net Change In Cash 54.87M 9.803M
YoY Change 459.71% -59.33%
FREE CASH FLOW
Cash From Operating Activities -$23.13M -$19.64M
Capital Expenditures -$1.380M -$890.4K
Free Cash Flow -$21.75M -$18.75M
YoY Change 16.03% 23.27%

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