Beyond Air, Inc. (XAIR) [Rocket]

In millions, except per share items	Jun-30-23	Sep-30-22	Jun-30-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	10-Q	10-Q	10-Q	10-Q
ASSETS
Current assets
Cash and cash equivalents	31.3	29.8	72.8	83.5	47.7	38.6
Marketable securities	25.6	32.6
Restricted cash	2.7	10.1	10.0	9.2	1.0	1.0
Accounts receivable	0.0
Inventory	1.3	0.7	0.7
Grant receivable	0.4
Other current assets and prepaid expenses	1.8	1.6	1.5	1.3	1.6	1.3
Total current assets	63.4	75.1	85.4	94.7	50.3	41.0
Licensed right to use technology	1.6
Right-of-use lease assets	2.4	2.3	2.4	2.3	1.8	1.8
Property and equipment, net	5.5	2.8	2.1	1.8	1.4	0.9
Other assets	0.2	0.2	0.2	0.2	0.2	0.1
TOTAL ASSETS	73.0	82.0	91.9	99.3	54.1	44.2

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable	1.7	2.0	1.0	1.6	2.2	2.3
Accrued expenses	9.4	8.9	8.2	4.3	4.4	1.7
Operating lease liability, current portion	0.4
Loans payable, current portion	0.5	0.3	0.6		0.1	0.3
Total current liabilities	12.0	11.6	10.2	6.2	6.9	4.5
Operating lease liability, net	2.2
Long-term debt	13.7	0.2	0.2		4.5	4.5
Warrant liability	0.6
Derivative liability	0.8
Other long-term liabilities	4.5
Total liabilities	33.9	18.4	20.6	8.5	13.1	10.7

Stockholders’ equity
Preferred Stock, $0.0001 par value per share: 10,000,000 shares authorized, 0 shares issued and outstanding
Common Stock	0.0	0.0	0.0	0.0	0.0	0.0
Treasury stock	0.0	0.0	0.0	0.0	0.0	0.0
Additional paid-in capital	228.9	204.9	200.4	188.7	136.8	120.7
Accumulated deficit	-193.6	-146.5	-134.6	-103.6	-95.9	-87.2
Accumulated other comprehensive income	0.1	0.4	0.3
Total stockholders’ equity attributable to Beyond Air, Inc.	35.5	58.8	66.1	85.0	40.9	33.4
Non-controlling interest	3.7	4.8	5.2	5.8
Total equity	39.1	63.7	71.4	90.8
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	73.0	82.0	91.9	99.3	54.1	44.2