10-Q Filing

ANTERIX INC. CIK: 1304492 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001304492-16-000081`
Period End Date	20160930
Filing Date	20161103
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	pdvw-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 66 Cash Flow Statement 46 Stockholders Equity 10

Balance Sheet 58 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`	$119.87M	USD	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`	$136.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$169.28M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$528.28K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$652.56K	USD	Point-in-time
Inventory	`InventoryNet`	$93.20K	USD	Point-in-time
Inventory	`InventoryNet`	$37.98K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$547.88K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$906.95K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$138.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$154.99M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$15.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.76M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$104.43M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$103.66M	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$222.36K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$217.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$328.35K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$60.07K	USD	Point-in-time
Total assets	`Assets`	$274.05M	USD	Point-in-time
Total assets	`Assets`	$257.93M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.95M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.78M	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$44.16K	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$18.81K	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`	$791.38K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$744.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.26M	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, net of current portion	`DeferredRevenueNoncurrent`	$5.42M	USD	Point-in-time
Deferred revenue, net of current portion	`DeferredRevenueNoncurrent`	$5.65M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$654.54K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.19M	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 September 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 September 30, 2016 and March 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$325.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$328.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-63.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-81.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$262.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$246.74M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$274.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$257.93M	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`SalesRevenueServicesNet`	$885.27K	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$1.65M	USD	2 Qtrs
Service revenue	`SalesRevenueServicesNet`	$622.02K	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$1.27M	USD	2 Qtrs
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$364.37K	USD	2 Qtrs
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.19K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$364.37K	USD	2 Qtrs
Other revenue	`OtherSalesRevenueNet`	$7.25K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$172.34K	USD	2 Qtrs
Other revenue	`OtherSalesRevenueNet`	$74.05K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$17.27K	USD	2 Qtrs
Total operating revenues	`Revenues`	$811.46K	USD	1 Quarter
Total operating revenues	`Revenues`	$1.14M	USD	1 Quarter
Total operating revenues	`Revenues`	$2.19M	USD	2 Qtrs
Total operating revenues	`Revenues`	$1.65M	USD	2 Qtrs
Sales and service	`CostOfGoodsAndServicesSold`	$3.26M	USD	2 Qtrs
Sales and service	`CostOfGoodsAndServicesSold`	$490.58K	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$865.76K	USD	2 Qtrs
Sales and service	`CostOfGoodsAndServicesSold`	$1.67M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$-533.43K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$-1.07M	USD	2 Qtrs
Gross profit (loss)	`GrossProfit`	$786.56K	USD	2 Qtrs
Gross profit (loss)	`GrossProfit`	$320.87K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.31M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.22M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.48M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.59M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$885.01K	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$1.70M	USD	2 Qtrs
Sales and support	`SellingAndMarketingExpense`	$2.44M	USD	2 Qtrs
Sales and support	`SellingAndMarketingExpense`	$1.22M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$621.92K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$336.20K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$1.19M	USD	2 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$641.10K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$10.65M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$7.32M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.81M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$16.85M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.49M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-17.92M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.85M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.86M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.36K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.73K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$51.51K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$29.29K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$48.06K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$25.53K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-4.79K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.25K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.25K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-4.79K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.88M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.81M	USD	2 Qtrs
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.24	USD	2 Qtrs
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.54	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.38	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.70	USD	2 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.38M	shares	2 Qtrs
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`	13.94M	shares	2 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.38M	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-17.88M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.04M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$128.45K	USD	2 Qtrs
Stock-based compensation expense	`AllocatedShareBasedCompensationExpense`	$2.46M	USD	2 Qtrs
Stock-based compensation expense	`AllocatedShareBasedCompensationExpense`	$2.44M	USD	2 Qtrs
Bad debt expense	`ProvisionForLoanLeaseAndOtherLosses`	$13.73K	USD	2 Qtrs
Bad debt expense	`ProvisionForLoanLeaseAndOtherLosses`	$-229.00	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.07K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$138.01K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-55.22K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-95.52K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-90.80K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.72M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-825.77K	USD	2 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-25.35K	USD	2 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$1.62K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-393.32K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-356.20K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$336.94K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$139.60K	USD	2 Qtrs
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-15.29M	USD	2 Qtrs
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-10.07M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$503.49K	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.14M	USD	2 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.21M	USD	2 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$710.50K	USD	2 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$1.06K	USD	2 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$5.64K	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-5.36M	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.22M	USD	2 Qtrs
Net proceeds from follow-on offering	`ProceedsFromIssuanceOfCommonStock`	$64.79M	USD	2 Qtrs
Proceeds from option exercise	`ProceedsFromStockOptionsExercised`	$40.00K	USD	2 Qtrs
Net cash provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$64.83M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$49.41M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-16.50M	USD	2 Qtrs
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$136.96M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$169.28M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$136.96M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$169.28M	USD	Point-in-time

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$262.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$246.74M	USD	Point-in-time
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$2.46M	USD	2 Qtrs
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$2.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-17.88M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.81M	USD	2 Qtrs
Balance	`StockholdersEquity`	$262.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$246.74M	USD	Point-in-time

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