Anterix inc. (ATEX)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss

-8,811

-7,715

-9,374

-9,561

-8,350

-11,780

-12,302

-8,358

-103

-8,197

-7,910

-14,014

-7,288

-7,832

-10,052

-6,774

-5,243

-5,458

-4,351

-5,581

-3,525

-3,019

-2,587

Adjustments to reconcile net loss to net cash used by operating activities
Depreciation and amortization

1,135

635

642

706

695

717

728

742

729

720

654

606

585

554

487

269

158

79

49

41

25

14

14

Non-cash compensation expense attributable to stock awards

1,404

1,412

1,577

1,365

1,459

3,657

3,820

1,604

1,483

1,426

1,089

1,107

1,198

1,073

1,366

1,382

1,132

1,105

1,349

2,283

1,404

1,180

2,095

Deferred income taxes

131

171

292

-

-

-

-

0

-7,803

655

650

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt expense

-4

-38

87

-62

119

101

60

-4

10

7

9

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-1

-73

-1

-

-

-

-

-50

-10

-9

-17

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

33

0

0

52

199

-3

534

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities
Accounts receivable

-58

-199

-182

-201

-276

144

60

167

60

-187

280

-218

246

76

62

29

99

-4

8

-29

-32

97

-9

Inventory

-

-

-

0

0

-3

-170

48

61

0

-64

84

6

-18

-37

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

722

-553

7

-599

703

-183

10

-678

1,063

-34

-260

-51

418

-242

151

450

-43

-198

103

-30

619

43

-11

Right of use assets

365

351

347

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

736

125

-1,372

560

1,095

286

-1,027

207

1,272

192

-914

-298

877

322

-1,148

669

-572

1,488

-4,205

3,742

1,930

-561

1,048

Restructuring reserve

-561

-734

-803

-547

113

1,982

1,210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to related parties

-8

4

-73

-388

518

6

-177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

383

337

324

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable - officers

-

-

-

-

-

-

-

-

2

11

-9

-

-3

0

-25

24

-22

26

-24

23

-0

-100

0

Deferred revenue

-198

-198

-199

-202

-205

-200

-206

-187

-212

-206

-147

-188

-205

-202

-191

-184

-181

-174

-181

-182

-183

7,479

-10

Accrued interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-525

193

Deferred compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

0

-367

6

Other liabilities

-67

1

-6

428

20

84

141

169

196

230

143

117

166

200

136

130

118

77

62

-

-

-

-

Net cash used by operating activities

-6,728

-5,513

-9,030

-6,129

-4,747

-5,094

-7,119

-5,080

-5,600

-4,932

-6,374

-5,903

-5,311

-5,687

-9,603

-5,058

-4,668

-2,652

-7,413

450

-936

3,959

780

CASH FLOWS FROM INVESTING ACTIVITIES
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

182,165

Payment of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

13,500

Purchases of intangible assets

-

-

-

-

-

-

-

1

253

0

1,677

246

1

201

302

-

-

-

-

13,499

0

76,544

253

Purchases of equipment

112

54

247

227

286

56

155

202

-21

118

651

-31

961

335

375

1,136

3,728

2,813

1,398

4,700

1,604

38

3

Payments for patent costs

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1

0

6

3

1

-7

4

3

0

Net cash used by investing activities

-702

-256

-247

-232

-287

-992

-155

-203

-232

-118

-2,328

-215

-962

-536

-678

-1,857

-3,940

-3,959

-1,400

-4,692

-1,609

105,578

-195,923

CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from Section 144A Offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

0

-80

202,003

Net proceeds from July 2019 follow-on offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

0

0

64,792

-

-

-

-

Proceeds from stock option exercises

200

301

1,719

804

1,739

821

4

33

20

54

160

-

-

-

-

-

-

-

-

-

-

-

45

Payments of withholding tax on net issuance of restricted stock

21

304

142

70

0

27

112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

179

94,241

1,577

734

1,739

794

-108

-643

-469

54

160

-

-

-

-

-297

5

40

64,792

1,386

0

8,785

202,048

Net change in cash and cash equivalents

-7,251

88,472

-7,700

-5,627

-3,295

-5,292

-7,382

-5,926

-6,301

-4,996

-8,542

-6,603

-6,273

-6,223

-10,281

-7,213

-8,603

-6,572

55,977

-2,855

-2,545

118,323

6,905

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid during the period:
Taxes paid

4

20

1

-

-

-

-

-

0

1

8

-

-

-

8

-

-

-

-

-

-

-

0

Non-cash investing activity:
Capitalized change in estimated asset retirement obligations

-

-

-

-

-

-

-

-

0

-15

217

-

-

-

-

-

-

-

-

-

-

-

-