10-Q Filing

ANTERIX INC. CIK: 1304492 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001304492-17-000037`
Period End Date	20170630
Filing Date	20170808
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	pdvw-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 36 Cash Flow Statement 47 Stockholders Equity 9

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$60.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.00K	USD	Point-in-time
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$115.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	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
Accounts receivable, net of allowance for doubtful accounts of $60 and $53	`AccountsReceivableNetCurrent`	$636.00K	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $60 and $53	`AccountsReceivableNetCurrent`	$908.00K	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
Inventory	`InventoryNet`	$64.00K	USD	Point-in-time
Inventory	`InventoryNet`	$128.00K	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$507.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$874.00K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$117.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$125.72M	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.36M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.42M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.36M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.42M	shares	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$14.51M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$14.71M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$106.35M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$104.68M	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$207.00K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$210.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$478.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$370.00K	USD	Point-in-time
Total assets	`Assets`	$238.77M	USD	Point-in-time
Total assets	`Assets`	$245.49M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.40M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.48M	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$36.00K	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$27.00K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$497.00K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$497.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$838.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$789.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.85M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$4.84M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$5.03M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$7.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$6.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.34M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.59M	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, 2017 and March 31, 2017	`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, 2017 and March 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,417,869 shares issued and outstanding at June 30, 2017 and 14,358,564 shares issued and outstanding at March 31, 2017	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,417,869 shares issued and outstanding at June 30, 2017 and 14,358,564 shares issued and outstanding at March 31, 2017	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$331.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$330.57M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-110.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-102.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$221.24M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$227.90M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$245.49M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$238.77M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`SalesRevenueServicesNet`	$765.00K	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$1.10M	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.00K	USD	1 Quarter
Spectrum lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$182.00K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$178.00K	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$98.00K	USD	1 Quarter
Total operating revenues	`Revenues`	$1.47M	USD	1 Quarter
Total operating revenues	`Revenues`	$1.04M	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$1.70M	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$1.58M	USD	1 Quarter
Gross loss	`GrossProfit`	$-235.00K	USD	1 Quarter
Gross loss	`GrossProfit`	$-539.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.75M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.88M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$1.69M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$1.22M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$552.00K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$573.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.12M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.54M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-10.07M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.35M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$23.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$112.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-17.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.05M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.26M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$650.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.91M	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`	$-0.55	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`	14.44M	shares	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-10.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$487.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$654.00K	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`	$1.09M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$650.00K	USD	1 Quarter
Bad debt expense	`ProvisionForLoanLeaseAndOtherLosses`	$9.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-17.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$280.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$62.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-64.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-37.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$151.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-260.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.15M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-914.00K	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-9.00K	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-25.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-191.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-147.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$143.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$136.00K	USD	1 Quarter
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-9.60M	USD	1 Quarter
Net cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-6.37M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.68M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$302.00K	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$651.00K	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$375.00K	USD	1 Quarter
Payments for patent costs	`PaymentsToAcquireOtherProductiveAssets`	$1.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.33M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-678.00K	USD	1 Quarter
Proceeds from stock option exercise	`ProceedsFromStockOptionsExercised`	$160.00K	USD	1 Quarter
Net cash provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$160.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.54M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.28M	USD	1 Quarter
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$124.08M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$115.54M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$143.18M	USD	Point-in-time
Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$124.08M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$115.54M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$143.18M	USD	Point-in-time
End of the period	`CashAndCashEquivalentsAtCarryingValue`	$153.46M	USD	Point-in-time
Taxes paid	`IncomeTaxesPaidNet`	$8.00K	USD	1 Quarter
Taxes paid	`IncomeTaxesPaidNet`	$8.00K	USD	1 Quarter
Capital expenditures included in other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$217.00K	USD	1 Quarter

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$221.24M	USD	Point-in-time
Balance	`StockholdersEquity`	$227.90M	USD	Point-in-time
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$1.37M	USD	1 Quarter
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$1.09M	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$160.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.91M	USD	1 Quarter
Balance	`StockholdersEquity`	$221.24M	USD	Point-in-time
Balance	`StockholdersEquity`	$227.90M	USD	Point-in-time

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