10-Q Filing

ANTERIX INC. CIK: 1304492 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-15-054197`
Period End Date	20141231
Filing Date	20150219
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	pdvw-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 59 Cash Flow Statement 50 Stockholders Equity 16 Comprehensive Income 1

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.62K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$37.25K	USD	Point-in-time
Preferred Stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred Stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$194.94K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$28.81K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$122.73M	USD	Point-in-time
Accounts Receivable, net of allowance for doubtful accounts of $12,619 and $37,248	`AccountsReceivableNetCurrent`	$424.88K	USD	Point-in-time
Preferred Stock, non-cumulative dividend	`PreferredStockNonCumulativeDividendRate`	0.08	pure	Point-in-time
Accounts Receivable, net of allowance for doubtful accounts of $12,619 and $37,248	`AccountsReceivableNetCurrent`	$369.41K	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$663.52K	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	40.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$22.05K	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$437.13K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$123.82M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	748,722.00	shares	Point-in-time
Common Stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Furniture, fixture and equipment, net	`PropertyPlantAndEquipmentNet`	$1.72M	USD	Point-in-time
Furniture, fixture and equipment, net	`PropertyPlantAndEquipmentNet`	$99.55K	USD	Point-in-time
Common Stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Intangible Assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$100.30M	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedPatentsGross`	$259.63K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedPatentsGross`	$236.21K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	85.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.58K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.88K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	126,759.00	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	12.47M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	12.47M	shares	Point-in-time
Total Assets	`Assets`	$226.09M	USD	Point-in-time
Total Assets	`Assets`	$803.19K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	126,759.00	shares	Point-in-time
Accounts Payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$254.98K	USD	Point-in-time
Accounts Payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.66M	USD	Point-in-time
Accounts Payable - officers	`AccountsPayableCurrent`	$117.96K	USD	Point-in-time
Accounts Payable - officers	`AccountsPayableCurrent`	$17.51K	USD	Point-in-time
Deferred Revenue	`DeferredRevenueCurrent`	$719.99K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$372.94K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.40M	USD	Point-in-time
Deferred Revenue	`DeferredRevenueNoncurrent`	$6.58M	USD	Point-in-time
Accrued Interest expense - affiliated entities	`DueToAffiliateNoncurrent`	$870.25K	USD	Point-in-time
Deferred Compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$361.61K	USD	Point-in-time
Notes payable - affiliated entities	`NotesPayableRelatedPartiesNoncurrent`	$3.41M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.01M	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.97M	USD	Point-in-time
Preferred Stock, no par value, 8% non-cumulative dividend, 40,000,000 shares authorized, 748,722 shares outstanding at March 31, 2014 and par value, $0.0001 per share, 10,000,000 shares authorized and no shares outstanding at December 31, 2014	`PreferredStockValue`	$20.53M	USD	Point-in-time
Common Stock, no par value, 85,000,000 shares authorized, 126,759 shares issued and outstanding at March 31, 2014 and par value, $0.0001 per share, 100,000,000 shares authorized and 12,473,024 shares issued and outstanding at December 31, 2014	`CommonStockValue`	$1.25K	USD	Point-in-time
Common Stock, no par value, 85,000,000 shares authorized, 126,759 shares issued and outstanding at March 31, 2014 and par value, $0.0001 per share, 100,000,000 shares authorized and 12,473,024 shares issued and outstanding at December 31, 2014	`CommonStockValue`	$12.00	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$252.19M	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$2.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-36.08M	USD	Point-in-time
Total Stockholders' Equity/(Deficiency)	`StockholdersEquity`	$-4.21M	USD	Point-in-time
Total Stockholders' Equity/(Deficiency)	`StockholdersEquity`	$216.12M	USD	Point-in-time
Total Liabilities & Stockholders' Equity/(Deficiency)	`LiabilitiesAndStockholdersEquity`	$803.19K	USD	Point-in-time
Total Liabilities & Stockholders' Equity/(Deficiency)	`LiabilitiesAndStockholdersEquity`	$226.09M	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
Service Revenue	`SalesRevenueServicesNet`	$929.51K	USD	1 Quarter
Service Revenue	`SalesRevenueServicesNet`	$2.63M	USD	3 Qtrs
Service Revenue	`SalesRevenueServicesNet`	$653.44K	USD	1 Quarter
Service Revenue	`SalesRevenueServicesNet`	$2.14M	USD	3 Qtrs
Spectrum Lease Revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$212.55K	USD	3 Qtrs
Spectrum Lease Revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Total Operating Revenue	`Revenues`	$2.36M	USD	3 Qtrs
Total Operating Revenue	`Revenues`	$929.51K	USD	1 Quarter
Total Operating Revenue	`Revenues`	$835.62K	USD	1 Quarter
Total Operating Revenue	`Revenues`	$2.63M	USD	3 Qtrs
Service	`CostOfServices`	$283.04K	USD	1 Quarter
Service	`CostOfServices`	$790.69K	USD	3 Qtrs
Service	`CostOfServices`	$823.35K	USD	3 Qtrs
Service	`CostOfServices`	$294.94K	USD	1 Quarter
Gross Profit	`GrossProfit`	$552.58K	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.81M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$1.57M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$634.57K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.23M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$234.31K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$671.18K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.34M	USD	1 Quarter
Sales and Support	`SellingAndMarketingExpense`	$478.25K	USD	1 Quarter
Sales and Support	`SellingAndMarketingExpense`	$1.17M	USD	3 Qtrs
Sales and Support	`SellingAndMarketingExpense`	$346.56K	USD	1 Quarter
Sales and Support	`SellingAndMarketingExpense`	$1.06M	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$242.82K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$697.46K	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$679.58K	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$223.23K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.53K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$25.31K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.12K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$45.35K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$2.48M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$4.08M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$10.13M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$819.22K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-184.65K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-8.57M	USD	3 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-3.53M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-669.71K	USD	3 Qtrs
Interest expense - affiliated entities	`InterestExpenseRelatedParty`	$86.10K	USD	1 Quarter
Interest expense - affiliated entities	`InterestExpenseRelatedParty`	$570.74K	USD	3 Qtrs
Interest expense - affiliated entities	`InterestExpenseRelatedParty`	$236.83K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$4.93K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$4.93K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-906.54K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-9.13M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-3.53M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-270.75K	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.00	USD	3 Qtrs
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.98	USD	3 Qtrs
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.30	USD	1 Quarter
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	904,611.00	shares	3 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	904,611.00	shares	1 Quarter
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.30M	shares	3 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.47M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-906.54K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.13M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.53M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-270.75K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.53K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.35K	USD	3 Qtrs
Non-cash compensation expense attributable to stock awards	`ShareBasedCompensation`	$4.68M	USD	3 Qtrs
Non-cash compensation expense attributable to stock awards	`ShareBasedCompensation`	$1.40M	USD	1 Quarter
Non-cash compensation expense attributable to stock awards	`ShareBasedCompensation`	$59.29K	USD	3 Qtrs
Non-cash compensation expense attributable to stock awards	`ShareBasedCompensation`	$19.76K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$170.24K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$55.48K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.19K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$651.18K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.30K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.41M	USD	3 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayable`	$15.62K	USD	3 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayable`	$-100.45K	USD	3 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$236.92K	USD	3 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-332.52K	USD	3 Qtrs
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$-361.61K	USD	3 Qtrs
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$18.25K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$7.30M	USD	3 Qtrs
Net Cash flows provided (used) by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.80M	USD	3 Qtrs
Net Cash flows provided (used) by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-699.22K	USD	3 Qtrs
Payment of deposit	`PaymentsForDeposits`	$13.50M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$76.80M	USD	3 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.65M	USD	3 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.40K	USD	3 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$28.91K	USD	3 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$8.71K	USD	3 Qtrs
Net Cash used by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-91.95M	USD	3 Qtrs
Net Cash used by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-60.31K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$45.00K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$593.40K	USD	3 Qtrs
Net proceeds from Section 144A Offering	`ProceedsFromIssuanceInitialPublicOffering`	$201.92M	USD	3 Qtrs
Payment of Notes Payable	`RepaymentsOfNotesPayable`	$1.13M	USD	3 Qtrs
Proceeds from Motorola Investment	`ProceedsFromSaleOfEquityMethodInvestments`	$10.00M	USD	3 Qtrs
Net Cash provided from Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$210.83M	USD	3 Qtrs
Net Cash provided from Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$593.40K	USD	3 Qtrs
Net Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$122.68M	USD	3 Qtrs
Net Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-166.13K	USD	3 Qtrs
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$194.94K	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$28.81K	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$122.73M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$194.94K	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$28.81K	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$122.73M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance before reverse stock split	`StockholdersEquityBeforeReverseStockSplit`	$-4.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$-4.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$216.12M	USD	Point-in-time
Effects of exchange of 661,581 warrants to common shares, Shares	`StockIssuedDuringPeriodSharesInExchangeOfWarrants`	29,809.00	shares	3 Qtrs
Effects of exchange of Convertible notes to common shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.55M	USD	3 Qtrs
Effects of exchange of Notes Payable to common shares	`StockIssuedDuringPeriodValueExchangeOfNotesPayable`	$1.30M	USD	3 Qtrs
Common shares issued for Intangible Asset	`StockIssuedDuringPeriodValuePurchaseOfAssets`	$10.00M	USD	3 Qtrs
Motorola Investment	`AdjustmentsToAdditionalPaidInCapitalOther`	$10.00M	USD	3 Qtrs
Issuance of stock, net of closing costs	`StockIssuedDuringPeriodValueNewIssues`	$201.92M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.68M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-906.54K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.13M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.53M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-270.75K	USD	1 Quarter
Balance	`StockholdersEquity`	$-4.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$216.12M	USD	Point-in-time

Comprehensive Income 1 line items

Line Item	Tag	Value	Unit	Period
Number of warrants	`ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights`	661,581.00	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.