10-Q Filing

ANTERIX INC. CIK: 1304492 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001304492-18-000057`
Period End Date	20180630
Filing Date	20180810
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	pdvw-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 35 Cash Flow Statement 49 Stockholders Equity 11

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$81.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.00K	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`	$90.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.32M	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
Accounts receivable, net of allowance for doubtful accounts of $81 and $29	`AccountsReceivableNetCurrent`	$935.00K	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $81 and $29	`AccountsReceivableNetCurrent`	$935.00K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$173.00K	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$850.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$100.28M	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.51M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	14.49M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$93.12M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.51M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	14.49M	shares	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$11.68M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$12.78M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$106.61M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$106.61M	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$197.00K	USD	Point-in-time
Capitalized patent costs, net	`FiniteLivedIntangibleAssetsNet`	$194.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$486.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$863.00K	USD	Point-in-time
Total assets	`Assets`	$220.34M	USD	Point-in-time
Total assets	`Assets`	$212.46M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$4.17M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$4.32M	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$94.00K	USD	Point-in-time
Accounts payable - officers	`DueToRelatedPartiesCurrent`	$39.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$806.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$813.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.23M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$4.26M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$4.06M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.33M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.81M	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, 2018 and March 31, 2018	`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, 2018 and March 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,509,557 shares issued and outstanding at June 30, 2018 and 14,487,650 shares issued and outstanding at March 31, 2018	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,509,557 shares issued and outstanding at June 30, 2018 and 14,487,650 shares issued and outstanding at March 31, 2018	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$339.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$335.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-138.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-127.24M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$200.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$208.53M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$220.34M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$212.46M	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$1.47M	USD	1 Quarter
Operating revenues	`Revenues`	$1.87M	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$1.70M	USD	1 Quarter
Sales and service	`CostOfGoodsAndServicesSold`	$2.15M	USD	1 Quarter
Gross loss	`GrossProfit`	$-235.00K	USD	1 Quarter
Gross loss	`GrossProfit`	$-274.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.88M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.57M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$1.63M	USD	1 Quarter
Sales and support	`SellingAndMarketingExpense`	$1.69M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$637.00K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$552.00K	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	$3.98M	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$534.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.12M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.35M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.35M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-12.62M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$316.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$112.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-17.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.30M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.26M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$650.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.00M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$5.60M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.91M	USD	1 Quarter
Net loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.85	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`	14.48M	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 49 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-12.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$728.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$654.00K	USD	1 Quarter
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$1.09M	USD	1 Quarter
Non-cash compensation expense attributable to stock awards	`AllocatedShareBasedCompensationExpense`	$3.82M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$650.00K	USD	1 Quarter
Bad debt expense	`ProvisionForLoanLeaseAndOtherLosses`	$9.00K	USD	1 Quarter
Bad debt expense	`ProvisionForLoanLeaseAndOtherLosses`	$60.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-17.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$534.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$280.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$60.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-64.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-170.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-260.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-914.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-150.00K	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-55.00K	USD	1 Quarter
Accounts payable - officers	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-9.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-206.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-147.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$352.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$143.00K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.12M	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.37M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.68M	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$155.00K	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$651.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-155.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.33M	USD	1 Quarter
Proceeds from stock option exercise	`ProceedsFromStockOptionsExercised`	$4.00K	USD	1 Quarter
Proceeds from stock option exercise	`ProceedsFromStockOptionsExercised`	$160.00K	USD	1 Quarter
Payments of withholding tax on net issuance of restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$112.00K	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-108.00K	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$160.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.38M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.54M	USD	1 Quarter
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.54M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.94M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.32M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.08M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.54M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.94M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.32M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.08M	USD	Point-in-time
Taxes paid	`IncomeTaxesPaidNet`	$8.00K	USD	1 Quarter
Capital expenditures included in other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$217.00K	USD	1 Quarter

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$200.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$208.53M	USD	Point-in-time
Cumulative effect of change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$768.00K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$209.30M	USD	Point-in-time
Equity based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.82M	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$112.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.91M	USD	1 Quarter
Balance	`StockholdersEquity`	$200.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$208.53M	USD	Point-in-time

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