Anterix inc. (PDVW)
CashFlow / TTM
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

-35,461

-35,000

-39,065

-41,993

-40,790

-32,543

-28,960

-24,568

-30,224

-37,409

-37,044

-39,186

-31,946

-29,902

-27,528

-21,828

-20,634

-18,916

-16,477

-14,714

0

0

0

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

3,118

2,678

2,760

2,846

2,882

2,916

2,919

2,845

2,709

2,565

2,399

2,232

1,895

1,468

993

556

328

195

130

96

0

0

0

Non-cash compensation expense attributable to stock awards

5,758

5,813

8,058

10,301

10,540

10,564

8,333

5,602

5,105

4,820

4,467

4,744

5,019

4,953

4,986

4,970

5,870

6,143

6,217

6,964

0

0

0

Deferred income taxes

0

0

0

-

-

-

-

-6,498

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt expense

-17

106

245

218

276

167

73

22

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

0

0

0

-

-

-

-

-86

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

85

251

248

782

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities
Accounts receivable

-640

-858

-515

-273

95

431

100

320

-65

121

384

166

413

266

186

133

74

-58

43

26

0

0

0

Inventory

-

-

-

-173

-125

-64

-61

45

81

26

8

35

0

0

0

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-423

-442

-72

-69

-148

212

361

91

718

73

-135

276

777

316

359

312

-168

493

735

621

0

0

0

Right of use assets

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

49

408

569

914

561

738

644

757

252

-143

-13

-247

720

-728

437

-2,620

452

2,955

905

6,159

0

0

0

Restructuring reserve

-2,645

-1,971

745

2,758

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to related parties

-465

61

63

-41

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable - officers

-

-

-

-

-

-

-

-

0

0

8

-

-3

-23

2

3

2

24

-102

-77

0

0

0

Deferred revenue

-797

-804

-806

-813

-798

-805

-811

-752

-753

-746

-742

-786

-782

-758

-731

-722

-720

-722

6,931

7,103

0

0

0

Accrued interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-332

0

0

0

Deferred compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-362

0

0

0

Other liabilities

356

443

526

673

414

590

736

738

686

656

626

619

632

584

461

388

0

0

0

-

-

-

-

Net cash used by operating activities

-27,400

-25,419

-25,000

-23,089

-22,040

-22,893

-22,731

-21,986

-22,809

-22,520

-23,275

-26,504

-25,659

-25,017

-21,983

-19,794

-14,284

-10,553

-3,940

4,254

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Payment of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Purchases of intangible assets

-

-

-

-

-

-

-

1,931

2,176

1,924

2,125

750

0

0

0

-

-

-

-

90,298

0

0

0

Purchases of equipment

640

814

816

724

699

392

454

950

717

1,699

1,916

1,640

2,807

5,575

8,053

9,077

12,640

10,516

7,742

6,347

0

0

0

Payments for patent costs

-

-

-

-

-

-

-

-

-

-

-

1

1

7

11

12

4

2

2

1

0

0

0

Net cash used by investing activities

-1,437

-1,022

-1,758

-1,666

-1,637

-1,582

-708

-2,881

-2,893

-3,623

-4,041

-2,391

-4,033

-7,011

-10,434

-11,157

-13,991

-11,660

97,876

-96,646

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

201,922

0

0

0

Net proceeds from July 2019 follow-on offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64,792

0

0

0

-

-

-

-

Proceeds from stock option exercises

3,024

4,563

5,083

3,368

2,597

878

111

267

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

Payments of withholding tax on net issuance of restricted stock

537

516

239

209

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

96,731

98,291

4,844

3,159

1,782

-426

-1,166

-898

0

0

0

-

-

-

-

64,540

66,223

66,218

74,963

212,220

0

0

0

Net change in cash and cash equivalents

67,894

71,850

-21,914

-21,596

-21,895

-24,901

-24,605

-25,765

-26,442

-26,414

-27,641

-29,380

-29,990

-32,320

-32,669

33,589

37,946

44,004

168,900

119,828

0

0

0

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

0

0

0

-

-

-

-

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

0

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

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-