Beyond Air, Inc.
AI Executive Summary
AI-powered analysis of 10-Q filing content
Beyond Air shows deteriorating financial condition with significant debt increases, continuing operational losses, and potential liquidity concerns despite modest revenue growth. The company executed a 1-for-20 stock split and substantially increased long-term debt, indicating financial stress.
Red Flags Detected (7)
Long-term debt increased 139% from $9.2M to $22.0M in 9 months
Accumulated deficit increased to $309.3M from $286.3M
Stockholders' equity declined 40% from $14.3M to $8.3M
4 more red flags detected
Key Takeaways
Revenue growth of 126% year-over-year but still generating operating losses
Company required significant debt financing and stock split suggesting financial distress
2 more takeaways
Filing Overview
What This Means
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.