DD and deep-dive into XAIR ❄️ Beyond Air
Okay so I wanted to write a proper DD on XAIR-Beyond Air , or at least to the best of my abilities. There's been a few posts but nothing in depth really. They are based out of Garden City, NY and have about 107+ employees . Low cap only at 30m, with plenty of room to grow. https://www.beyondair.net
Their product is already out there ... in hospitals , brining in revenue. This isn't some GCTK p&d with a Hoax phantom presentation show . All the info and tech is on the web including YouTube. The goat George Soros from the legendary SOROS Fund is invested in this , with a hefty position might I add. The man doesn't invest in trash , only hidden gems. And please if you have any friends or family in the medical field, particularly in the ICU/emergency room , ask them about this tech. Nitric Oxide delivery system without the need for those Huge bulky Cylinders, that you need to transport, refill , spend time & money $$ on logistics and the handling of it. I'v personally heard nothing but excitement & intrigue when asking folks in the medical field about Beyond Air
Beyond Air (NASDAQ: XAIR) is a tech/medical disruptor & revolutionary piece of equipment. An absolute game changer
Particularly with its LungFit® platform. While the company has faced significant hurdles, recent developments suggest a potential turnaround. Here's an honest look at the challenges they've encountered and the strides they're making:
Challenges Faced:
- Financial Strain: Beyond Air reported a net loss of $14 million in a recent quarter, slightly narrowing from the $17.4 million loss in the previous year. This high cash burn rate, approximately $56 million in fiscal year 2024, has been a significant concern for investors.
Nasdaq Compliance Issues: The company's stock price fell below the minimum bid price requirement, prompting a warning from Nasdaq. They have compliancy hearing on Feb 4th in which they will be granted a 180 day extension. About half a year to get back to $1 sp , easily doable.
Regulatory Hurdles: Securing the European CE mark for LungFit PH has been challenging due to recent updates in regulatory requirements, making the process longer and more complex. But once permits are granted & issued , the EU and all it's countries combined will open up a Vast new market for XAIR and it's products.
Positive Developments:
- Revenue Growth: Beyond Air reported revenues of $798,000, an increase from $239,000 in the same quarter last year, indicating stronger financial health.
- Strategic Partnerships: The company is in talks with the Veterans Administration and Department of Defense hospitals, aiming to expand the reach of LungFit PH into major healthcare networks. Once in the VA network of hospitals, XAIR is poised to capture a substantial market share.
- Institutional Investment: George Soros’s hedge fund recently invested over $1.4 million in Beyond Air, signaling confidence from institutional investors.
- Cash Flow Projections: Beyond Air expects to achieve cash-flow positivity by the quarter ending March 2025, a critical milestone for financial sustainability.
Revenue is expected to grow at a big clip starting Q1 2025 and beyond
US nitric oxide market - $350m , Global market - $700m
- They have a few different systems, catered to different needs. In Hospital & at home, also a Cancer treatment aid in the testing phase.
Insider's have been buying bunches of shares, with no selling . And these are mostly actual buys not granted or awarded, but stock purchased off the exchange. As it stands currently 16.36% shares are owned by Insiders/Board , and a whopping 36.40% is owned by Institutions ! These big brains & analysts definitely know something we don't . Especially George Soros who bought 1,476,626 shares that was valued at $572,930 at the time.
And here is a visual on what XAIR is trying to accomplish.
Basically turning this :
Into this.
No more re-filling, transporting, replacing damaged cylinders. And Cost + time associated with servicing said systems.
The size, weight, & handling of the XAIR NO could be performed by a child.
And there you have it folks, I see this as a medium risk for high reward play.
Let's get these Tendies, but not from Wendy's !