Event-Driven Stocks

Beyond Air, Inc.

XAIR

Other · Non-accelerated filer<br>Smaller reporting company · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 2 good● 3 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$3.7M$1.2M——$873,000$1.4M
Operating income−$44.5M−$63.0M−$52.1M−$40.7M−$22.2M−$18.1M
Net income−$46.6M−$60.2M−$55.8M−$43.2M−$22.9M−$19.9M
Total assets$30.1M$57.0M$68.7M$99.2M$40.5M$27.4M
Total liabilities$15.7M$29.8M$26.7M$21.0M$10.1M$9.3M
Equity$13.6M$25.0M$37.9M$72.7M$30.5M$18.1M
EPS (diluted)$-0.69$-1.82$-1.86$-1.68$-1.27—
Shares out.92.8M45.9M31.7M29.9M21.9M16.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−1202.1%
Net margin
−1258.4%
Return on equity
−343.3%
Return on assets
−155.1%
Return on capital (ROCE)
−177.7%
Liabilities / assets
52.3%
Debt / equity
1.16×
Book value / share
$0.15
Revenue growth (YoY)
219.7%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-37.69distress
Accruals / assets
−28.0%clean
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
55
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 67Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 2 severe● 3 warning● 2 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202679,4971.0-36.1%
Apr 30, 2026124,4571.0+88.6%
Apr 15, 202665,9921.0-41.4%
Mar 31, 2026112,5691.0-1.3%
Mar 13, 2026114,0541.0-26.1%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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