10-Q Filing

ANTERIX INC. CIK: 1304492 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001304492-16-000034`
Period End Date	20151231
Filing Date	20160216
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	pdvw-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 62 Cash Flow Statement 50 Stockholders Equity 15

Balance Sheet 62 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
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.68M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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`	$499.00K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$271.05K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$629.79K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.38M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$120.90M	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	12.53M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$161.45M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.38M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	12.53M	shares	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$14.05M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$6.38M	USD	Point-in-time
Intangible Assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$101.58M	USD	Point-in-time
Intangible Assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$100.30M	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$224.72K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$220.78K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$25.63K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.60M	USD	Point-in-time
Total assets	`Assets`	$278.90M	USD	Point-in-time
Total assets	`Assets`	$227.83M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$6.47M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.43M	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$19.46K	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$40.67K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$297.20K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$746.52K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$737.66K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.50M	USD	Point-in-time
Deferred Revenue	`DeferredRevenueNoncurrent`	$5.83M	USD	Point-in-time
Deferred Revenue	`DeferredRevenueNoncurrent`	$6.38M	USD	Point-in-time
Long term portion of note payable	`LongTermNotesPayable`	$991.81K	USD	Point-in-time
Total liabilities	`Liabilities`	$11.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$13.62M	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 December 31, 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 December 31, 2015 and March 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,375,179 shares issued and outstanding at December 31, 2015 and 12,530,493 shares issued and outstanding at March 31, 2015	`CommonStockValue`	$1.44K	USD	Point-in-time
Common Stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,375,179 shares issued and outstanding at December 31, 2015 and 12,530,493 shares issued and outstanding at March 31, 2015	`CommonStockValue`	$1.25K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$255.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$324.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.66M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$267.58M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$214.21M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$278.90M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$227.83M	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`SalesRevenueServicesNet`	$653.44K	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$2.14M	USD	3 Qtrs
Service revenue	`SalesRevenueServicesNet`	$1.92M	USD	3 Qtrs
Service revenue	`SalesRevenueServicesNet`	$652.92K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$546.56K	USD	3 Qtrs
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$212.55K	USD	3 Qtrs
Other revenue	`OtherSalesRevenueNet`	$122.55K	USD	3 Qtrs
Other revenue	`OtherSalesRevenueNet`	$105.29K	USD	1 Quarter
Total operating revenues	`Revenues`	$2.59M	USD	3 Qtrs
Total operating revenues	`Revenues`	$835.62K	USD	1 Quarter
Total operating revenues	`Revenues`	$2.36M	USD	3 Qtrs
Total operating revenues	`Revenues`	$940.39K	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$906.29K	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$1.77M	USD	3 Qtrs
Sales and service	`CostOfGoodsAndServicesSold`	$790.69K	USD	3 Qtrs
Sales and service	`CostOfGoodsAndServicesSold`	$283.04K	USD	1 Quarter
Gross profit	`GrossProfit`	$34.10K	USD	1 Quarter
Gross profit	`GrossProfit`	$820.66K	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.57M	USD	3 Qtrs
Gross profit	`GrossProfit`	$552.58K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.15M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.29M	USD	3 Qtrs
Sales and support	`SellingAndMarketingExpense`	$1.12M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$2.82M	USD	3 Qtrs
Sales and support	`SellingAndMarketingExpense`	$1.17M	USD	3 Qtrs
Sales and support	`SellingAndMarketingExpense`	$478.25K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$982.23K	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$341.13K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$679.58K	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$242.82K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.08M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.13M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$5.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$15.95M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-15.13M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-8.57M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.27M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.53M	USD	1 Quarter
Interest expense	`InterestExpense`	$932.00	USD	3 Qtrs
Interest expense	`InterestExpense`	$932.00	USD	1 Quarter
Interest expense	`InterestExpense`	$570.74K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$26.15K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$4.93K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$4.93K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$77.66K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$1.25K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.05M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.53M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.13M	USD	3 Qtrs
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.36	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.07	USD	3 Qtrs
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.00	USD	3 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.47M	shares	1 Quarter
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.38M	shares	1 Quarter
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.10M	shares	3 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.08M	shares	3 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-15.05M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.53M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.13M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.53K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$286.90K	USD	3 Qtrs
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$4.68M	USD	3 Qtrs
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$3.59M	USD	3 Qtrs
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$1.13M	USD	1 Quarter
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$1.40M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$103.83K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$55.48K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-138.67K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$651.18K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.03M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.42M	USD	3 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayable`	$-21.20K	USD	3 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayable`	$-100.45K	USD	3 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-332.32K	USD	3 Qtrs
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$-361.61K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-537.71K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$7.29M	USD	3 Qtrs
Net cash (used) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.80M	USD	3 Qtrs
Net cash (used) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-14.74M	USD	3 Qtrs
Payment of deposit	`PaymentsForDepositsmInvestingActivities`	$13.50M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.35M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$76.80M	USD	3 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.94M	USD	3 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.65M	USD	3 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$11.85K	USD	3 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$8.71K	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-9.30M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-91.95M	USD	3 Qtrs
Net proceeds from Rule 144A Offering	`ProceedsFromIssuanceInitialPublicOffering`	$201.92M	USD	3 Qtrs
Net proceeds from follow-on offering	`ProceedsFromIssuanceOfCommonStock`	$64.79M	USD	3 Qtrs
Proceeds from stock option exercise	`ProceedsFromStockOptionsExercised`	$45.07K	USD	3 Qtrs
Payment of notes payable, net	`RepaymentsOfNotesPayable`	$1.09M	USD	3 Qtrs
Proceeds from Motorola investment	`ProceedsFromEquityMethodInvestmentsFinancingActivities`	$10.00M	USD	3 Qtrs
Net cash provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$210.83M	USD	3 Qtrs
Net cash provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$64.84M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$40.80M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$122.68M	USD	3 Qtrs
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$122.73M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$45.68K	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$160.68M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$122.73M	USD	Point-in-time
End 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`	$160.68M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$267.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$214.21M	USD	Point-in-time
Issuance of stock, net of closing costs	`StockIssuedDuringPeriodValueNewIssues`	$64.79M	USD	3 Qtrs
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$4.68M	USD	3 Qtrs
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$3.59M	USD	3 Qtrs
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$1.13M	USD	1 Quarter
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$1.40M	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$45.07K	USD	3 Qtrs
Stock option exercises, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	3,306.00	shares	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.05M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.53M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.13M	USD	3 Qtrs
Balance	`StockholdersEquity`	$267.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$214.21M	USD	Point-in-time

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