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ACCRUED EXPENSES
6 Months Ended
Sep. 30, 2023
Payables and Accruals [Abstract]  
ACCRUED EXPENSES

NOTE 6 ACCRUED EXPENSES

 

A summary of the accrued expenses as of September 30, 2023 and March 31, 2023 is as follows (in thousands):

  

  

September 30,

2023

  

March 31,

2023

 
Research and development  $1,180   $426 
Professional fees   581    1,221 
Employee salaries and benefits   1,397    985 
Contingent litigation and settlements (Note 10)   400    10,298 
Circassia settlement – current portion (Note 8)   4,500    3,500 
Goods received not invoiced   180    - 
Other   258    184 
Total short-term accrued expenses  $8,496   $16,613 
           
Circassia settlement – long-term portion (Note 8)  $-   $4,500 
Total other long-term liabilities  $-   $4,500 

 

 

BEYOND AIR, INC. AND ITS SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)