10-Q Filing

ANTERIX INC. CIK: 1304492 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001304492-17-000008`
Period End Date	20161231
Filing Date	20170207
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	pdvw-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 67 Cash Flow Statement 45 Stockholders Equity 10

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
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$130.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.68M	USD	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
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
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$869.45K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventory	`InventoryNet`	$93.20K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventory	`InventoryNet`	$44.28K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$906.95K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$986.73K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.34M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.30M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$132.59M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.34M	shares	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, net	`PropertyPlantAndEquipmentNet`	$15.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$15.15M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$103.66M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$104.43M	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$222.36K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$213.71K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$307.32K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$60.07K	USD	Point-in-time
Total assets	`Assets`	$252.69M	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`	$3.83M	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$44.16K	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$15.94K	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`	$782.47K	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`	$5.12M	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`	$5.23M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.19M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$654.54K	USD	Point-in-time
Total liabilities	`Liabilities`	$12.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.86M	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 December 31, 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 December 31, 2016 and March 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,340,372 shares issued and outstanding at December 31, 2016 and 14,300,790 shares issued and outstanding at March 31, 2016	`CommonStockValue`	$1.44K	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,340,372 shares issued and outstanding at December 31, 2016 and 14,300,790 shares issued and outstanding at 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`	$329.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-88.66M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-63.49M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$240.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$262.19M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$274.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$252.69M	USD	Point-in-time

Income Statement 67 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`SalesRevenueServicesNet`	$2.63M	USD	3 Qtrs
Service revenue	`SalesRevenueServicesNet`	$1.92M	USD	3 Qtrs
Service revenue	`SalesRevenueServicesNet`	$976.32K	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$652.92K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$546.56K	USD	3 Qtrs
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
Other revenue	`OtherSalesRevenueNet`	$176.77K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$122.55K	USD	3 Qtrs
Other revenue	`OtherSalesRevenueNet`	$349.11K	USD	3 Qtrs
Other revenue	`OtherSalesRevenueNet`	$105.29K	USD	1 Quarter
Total operating revenues	`Revenues`	$3.52M	USD	3 Qtrs
Total operating revenues	`Revenues`	$2.59M	USD	3 Qtrs
Total operating revenues	`Revenues`	$1.34M	USD	1 Quarter
Total operating revenues	`Revenues`	$940.39K	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$1.77M	USD	3 Qtrs
Sales and service	`CostOfGoodsAndServicesSold`	$5.09M	USD	3 Qtrs
Sales and service	`CostOfGoodsAndServicesSold`	$1.83M	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$906.29K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$-1.57M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$34.10K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$-496.57K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$820.66K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$18.07M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.15M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.84M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$2.82M	USD	3 Qtrs
Sales and support	`SellingAndMarketingExpense`	$3.86M	USD	3 Qtrs
Sales and support	`SellingAndMarketingExpense`	$1.12M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$1.42M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$982.23K	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$539.18K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$341.13K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$1.73M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$5.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$15.95M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$6.81M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$23.66M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.27M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-15.13M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.30M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-25.23M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.36K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.09K	USD	3 Qtrs
Interest expense	`InterestExpense`	$932.00	USD	3 Qtrs
Interest expense	`InterestExpense`	$932.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	$26.15K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$25.11K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$77.66K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$73.17K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-8.17K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.25K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-12.96K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-7.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-25.17M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.05M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-5.24M	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.36	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.75	USD	3 Qtrs
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.51	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.07	USD	3 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.08M	shares	3 Qtrs
Weighted-average common shares used to compute basic and diluted net loss per share	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.39M	shares	3 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`	14.40M	shares	1 Quarter

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-25.17M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.05M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-5.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$286.90K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.63M	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`	$3.64M	USD	3 Qtrs
Bad debt expense	`ProvisionForLoanLeaseAndOtherLosses`	$43.11K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$103.83K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$384.27K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-48.92K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$327.02K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-138.67K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.29M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$50.99K	USD	3 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-21.20K	USD	3 Qtrs
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-28.22K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-537.71K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-598.33K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$502.98K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$257.62K	USD	3 Qtrs
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-14.74M	USD	3 Qtrs
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-20.60M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.35M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$503.96K	USD	3 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.67M	USD	3 Qtrs
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.94M	USD	3 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$11.85K	USD	3 Qtrs
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$1.06K	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.18M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-9.30M	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
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`	$-22.78M	USD	3 Qtrs
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$130.69M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$160.68M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$119.87M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$130.69M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$160.68M	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

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$240.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$262.19M	USD	Point-in-time
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$3.59M	USD	3 Qtrs
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$3.64M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-7.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-25.17M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.05M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-5.24M	USD	1 Quarter
Balance	`StockholdersEquity`	$240.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$262.19M	USD	Point-in-time

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