10-Q Filing

ANTERIX INC. CIK: 1304492 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001304492-15-000008`
Period End Date	20150630
Filing Date	20150811
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	pdvw-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 28 Cash Flow Statement 46 Stockholders Equity 9

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.85M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$395.17K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$403.63K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$728.57K	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$629.79K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$176.98M	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.27M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	12.53M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$120.90M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$7.74M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.27M	shares	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$6.38M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	12.53M	shares	Point-in-time
Intangible Assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$100.30M	USD	Point-in-time
Intangible Assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$100.30M	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedPatentsNet`	$220.25K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedPatentsNet`	$220.78K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$30.11K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$25.63K	USD	Point-in-time
Total assets	`Assets`	$227.83M	USD	Point-in-time
Total assets	`Assets`	$285.27M	USD	Point-in-time
Accounts Payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$6.47M	USD	Point-in-time
Accounts Payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.32M	USD	Point-in-time
Accounts Payable - officers	`DueToRelatedPartiesCurrent`	$40.67K	USD	Point-in-time
Accounts Payable - officers	`DueToRelatedPartiesCurrent`	$15.73K	USD	Point-in-time
Deferred Revenue	`DeferredRevenueCurrent`	$737.66K	USD	Point-in-time
Deferred Revenue	`DeferredRevenueCurrent`	$737.98K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.08M	USD	Point-in-time
Deferred Revenue	`DeferredRevenueNoncurrent`	$6.38M	USD	Point-in-time
Deferred Revenue	`DeferredRevenueNoncurrent`	$6.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$13.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.27M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, $0.0001 per share, 10,000,000 shares authorized and no shares outstanding at June 30, 2015 and March 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.0001 per share, 10,000,000 shares authorized and no shares outstanding at June 30, 2015 and March 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,266,872 shares issued and outstanding at June 30, 2015 and 12,530,493 shares issued and outstanding at March 31, 2015	`CommonStockValue`	$1.25K	USD	Point-in-time
Common Stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,266,872 shares issued and outstanding at June 30, 2015 and 12,530,493 shares issued and outstanding at March 31, 2015	`CommonStockValue`	$1.44K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$255.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$322.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-46.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$214.21M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$276.00M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$285.27M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$227.83M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`SalesRevenueServicesNet`	$831.14K	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$648.66K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$10.01K	USD	1 Quarter
Total operating revenues	`Revenues`	$840.86K	USD	1 Quarter
Total operating revenues	`Revenues`	$831.14K	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$375.17K	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$283.93K	USD	1 Quarter
Gross profit	`GrossProfit`	$465.69K	USD	1 Quarter
Gross profit	`GrossProfit`	$547.21K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.42M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.72M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$291.60K	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$811.67K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$226.69K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$304.90K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.84M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-4.37M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.39M	USD	1 Quarter
Interest expense - affiliated entities	`InterestExpenseRelatedParty`	$193.28K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$22.22K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-4.35M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.59M	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.92	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.32	USD	1 Quarter
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.49M	shares	1 Quarter
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.83M	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.59M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$49.09K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.61K	USD	1 Quarter
Stock compensation expense	`AllocatedShareBasedCompensationExpense`	$1.35M	USD	1 Quarter
Stock compensation expense	`AllocatedShareBasedCompensationExpense`	$2.10M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.06K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.46K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$103.25K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.63K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.05M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.14M	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayable`	$87.00	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayable`	$-24.94K	USD	1 Quarter
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$193.28K	USD	1 Quarter
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$6.08K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-10.75K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-181.87K	USD	1 Quarter
Net cash flows provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.41M	USD	1 Quarter
Net cash flows provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$780.43K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$182.17M	USD	1 Quarter
Payment of deposit	`PaymentsForDepositsmInvestingActivities`	$13.50M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$253.44K	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.40M	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.74K	USD	1 Quarter
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$1.74K	USD	1 Quarter
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$135.00	USD	1 Quarter
Net Cash used by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.40M	USD	1 Quarter
Net Cash used by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-195.92M	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$45.00K	USD	1 Quarter
Net proceeds from Section 144A Offering	`ProceedsFromIssuanceInitialPublicOffering`	$202.00M	USD	1 Quarter
Net proceeds from follow on offering	`ProceedsFromIssuanceOfCommonStock`	$64.79M	USD	1 Quarter
Net cash provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$202.05M	USD	1 Quarter
Net cash provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$64.79M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$55.98M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.91M	USD	1 Quarter
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$175.85M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$175.85M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	$800.00	USD	1 Quarter
Taxes paid	`IncomeTaxesPaid`	$500.00	USD	1 Quarter

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$214.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$276.00M	USD	Point-in-time
Issuance of stock, net of closing costs	`StockIssuedDuringPeriodValueNewIssues`	$64.79M	USD	1 Quarter
Stock compensation expense	`AllocatedShareBasedCompensationExpense`	$1.35M	USD	1 Quarter
Stock compensation expense	`AllocatedShareBasedCompensationExpense`	$2.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.59M	USD	1 Quarter
Balance	`StockholdersEquity`	$214.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$276.00M	USD	Point-in-time

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