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Income Statement
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Cash Flow Statement
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Beyond Air, Inc. (XAIR)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Sep-30-22Jun-30-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   10-Q10-Q10-Q10-Q10-Q10-Q10-K10-Q
Cash flows from operating activities          
Net loss  -15.1-12.8-11.7-8.0-8.7-6.7-5.2-5.8
   
Adjustments to reconcile net loss to net cash used in operating activities          
Depreciation and amortization  0.30.20.1 0.1   
Amortization of licensed right to use technology  0.10.10.1 0.0   
Stock-based compensation  6.14.74.62.11.21.20.81.1
Amortization of debt discount  0.1  0.50.1  0.0
Change in fair value of warrant liability  -0.3       
Change in fair value of derivative liability  -0.5       
Amortization of operating lease assets  0.10.10.0 0.1   
Un-realized gain in marketable securities  -0.1       
Foreign currency adjustments  0.0 0.2     
   
Changes in:          
    Grant receivable  0.0 -0.2     
    Inventory  -0.2-0.1-0.3     
    Accounts receivable  0.00.2 -0.2 0.4-0.4 
    Other current assets and prepaid expenses  0.1-0.10.5-0.2-0.20.2-1.20.0
    Accounts payable  -0.31.0-0.2-0.60.00.90.1-0.6
    Accrued expenses  -7.2-3.0-0.1 2.7-0.1  
    Operating lease liabilities  -0.1       
        Net cash used in operating activities  -17.2-9.2-6.8-6.3-5.0-3.9-5.6-5.3
   
Cash flows from investing activities          
Purchase of marketable securities  -9.7-32.6      
Proceeds from sale of marketable securities  0.9       
Security deposits made on operating leases   0.00.0 -0.1   
Purchase of property and equipment  -0.8-1.0-0.3-0.4-0.60.00.0-0.1
    Net cash used in investing activities  -9.7-33.6-0.3-0.4-0.70.00.0-0.1
   
Cash flows from financing activities          
Proceeds from issuance of common stock through at the market offerings  5.80.2 38.215.08.56.3-1.1
Proceeds from issuance of common stock through exercise of stock options  0.2  0.20.1  0.0
Proceeds from loan  15.8       
Payment of loan  -0.3-0.1-0.5-0.2-0.2-0.2-0.1-0.1
    Net cash provided by and (used in) financing activities  21.60.1-0.550.714.88.318.25.7
Effect of exchange rate changes on cash and cash equivalents  0.0-0.20.2     
    Decrease in cash, cash equivalents and restricted cash  -5.2 -7.5     
   
Supplemental disclosure of non-cash investing and financing activities          
Debt discount  4.5       
End of term loan liability  -0.6       
Warrant liability  -0.9       
   
Derivative liability          
Right-of-use assets          
Operating lease liability          
Supplemental disclosure of cash flow items:          
    Interest paid  0.30.00.00.20.00.10.20.3
    Income taxes paid          

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