10-Q Filing

ANTERIX INC. CIK: 1304492 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001304492-16-000067`
Period End Date	20160630
Filing Date	20160809
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	pdvw-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 31 Cash Flow Statement 40 Stockholders Equity 8

Balance Sheet 68 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`	$153.46M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$590.59K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$528.28K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$93.20K	USD	Point-in-time
Inventory	`InventoryNet`	$55.75K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.30M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.30M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$906.95K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$785.30K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.30M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$144.61M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.30M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$154.99M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$14.97M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$15.12M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$103.66M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$104.23M	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$220.30K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$222.36K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$332.68K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$60.07K	USD	Point-in-time
Total assets	`Assets`	$264.36M	USD	Point-in-time
Total assets	`Assets`	$274.05M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.78M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.63M	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$19.53K	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$44.16K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$494.55K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$494.55K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$798.63K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$744.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.06M	USD	Point-in-time
Long term portion of note payable	`LongTermNotesPayable`	$497.26K	USD	Point-in-time
Long term portion of note payable	`LongTermNotesPayable`	$497.26K	USD	Point-in-time
Deferred Revenue	`DeferredRevenueNoncurrent`	$5.65M	USD	Point-in-time
Deferred Revenue	`DeferredRevenueNoncurrent`	$5.62M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$804.88K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$654.54K	USD	Point-in-time
Total liabilities	`Liabilities`	$11.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.86M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized and no shares outstanding at June 30, 2016 and March 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized and no shares outstanding at June 30, 2016 and March 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,300,790 shares issued and outstanding at June 30, 2016 and March 31, 2016	`CommonStockValue`	$1.44K	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,300,790 shares issued and outstanding at June 30, 2016 and March 31, 2016	`CommonStockValue`	$1.44K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$325.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$327.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-63.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-73.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$262.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$253.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$264.36M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$274.05M	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`SalesRevenueServicesNet`	$765.30K	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$648.66K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$98.29K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$10.01K	USD	1 Quarter
Total operating revenues	`Revenues`	$840.86K	USD	1 Quarter
Total operating revenues	`Revenues`	$1.05M	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$375.17K	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$1.58M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$-538.00K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$465.69K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.72M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.75M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$1.22M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$811.67K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$304.90K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$572.92K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.54M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.84M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-10.07M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-4.37M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.36K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$22.53K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$22.22K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.05M	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.70	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`	14.38M	shares	1 Quarter
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.49M	shares	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$49.09K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$486.71K	USD	1 Quarter
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$1.37M	USD	1 Quarter
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$1.35M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.46K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$62.31K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-37.45K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$103.25K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$150.95K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.21M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.15M	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-24.94K	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-24.63K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-190.56K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-181.87K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$136.69K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$62.49K	USD	1 Quarter
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-9.60M	USD	1 Quarter
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.41M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$302.31K	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.40M	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$375.11K	USD	1 Quarter
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$1.74K	USD	1 Quarter
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$1.06K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-678.48K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.40M	USD	1 Quarter
Net proceeds from follow-on offering	`ProceedsFromIssuanceOfCommonStock`	$64.79M	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`	$-10.28M	USD	1 Quarter
Beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	USD	Point-in-time
Beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$143.18M	USD	Point-in-time
Beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$175.85M	USD	Point-in-time
Beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
End of the year	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	USD	Point-in-time
End of the year	`CashAndCashEquivalentsAtCarryingValue`	$143.18M	USD	Point-in-time
End of the year	`CashAndCashEquivalentsAtCarryingValue`	$175.85M	USD	Point-in-time
End of the year	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$262.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$253.50M	USD	Point-in-time
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$1.37M	USD	1 Quarter
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$1.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.05M	USD	1 Quarter
Balance	`StockholdersEquity`	$262.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$253.50M	USD	Point-in-time

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