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	Mar-31-21	Dec-31-20
	10-Q	10-Q	10-Q	10-Q	10-Q	10-Q	10-K	10-Q
Cash flows from operating activities
Net loss				-28.6	-26.4	-22.9	-22.9	-17.6

Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization					0.1
Amortization of licensed right to use technology					0.0
Stock-based compensation				5.3	4.3	4.3	4.9	4.1
Amortization of debt discount				0.5	0.1			0.1

Changes in:
Accounts receivable				-0.2		0.0	-0.4
Other current assets and prepaid expenses				-1.5	-1.2	-0.3	-0.5	0.7
Accounts payable				0.3	0.4	0.3	-1.0	-1.0
Accrued expenses					2.6	-0.1
Net cash used in operating activities				-20.8	-19.7	-18.1	-19.6	-14.1

Cash flows from investing activities
Purchase of property and equipment				-1.1	-0.8	-0.7	-0.9	-0.9
Net cash used in investing activities				-1.1	-0.9	-0.7	-0.9	-0.9

Cash flows from financing activities
Proceeds from issuance of common stock through at the market offerings				67.9	28.7	15.5	11.9	5.6
Proceeds from issuance of common stock through exercise of stock options				0.2	0.1			0.0
Payment of loan				-0.7	-0.6	-0.5	-0.4	-0.3
Net cash provided by and (used in) financing activities				92.0	47.0	33.9	30.3	12.1

Supplemental disclosure of non-cash investing and financing activities

Derivative liability
Right-of-use assets
Operating lease liability
Supplemental disclosure of cash flow items:
Interest paid				0.5	0.6	0.6	0.5	0.3
Income taxes paid