Anterix Inc. (ATEX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3 GARRET MOUNTAIN PLAZA WOODLAND PARK, NJ 07424 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 3/31/2024 | 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 60,578 | 62,033 | 43,182 | 105,624 | 117,538 | 137,453 | |||
| Cash and cash equivalents | 60,578 | 62,033 | 43,182 | 105,624 | 117,538 | 137,453 | |||
| Receivables | 4 | 61 | |||||||
| Capitalized contract cost | 580 | 425 | 418 | 238 | 69 | ||||
| Other undisclosed current assets | 11,853 | 15,391 | 15,859 | 9,909 | 3,439 | 4,638 | |||
| Total current assets: | 73,011 | 77,849 | 59,459 | 115,771 | 121,050 | 142,152 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,432 | 4,629 | 3,371 | 4,047 | 5,100 | 6,500 | |||
| Property, plant and equipment | 2,062 | 2,129 | 3,606 | 2,949 | 3,574 | 7,000 | |||
| Long-term investments and receivables | 39 | ||||||||
| Long-term investments | 39 | ||||||||
| Intangible assets, net (including goodwill) | 216,743 | 213,719 | 202,044 | 151,169 | 122,117 | 111,526 | |||
| Intangible assets, net (excluding goodwill) | 216,743 | 213,719 | 202,044 | 151,169 | 122,117 | 111,526 | |||
| Capitalized contract cost, net | 447 | 458 | |||||||
| Deferred costs | 19,772 | ||||||||
| Other noncurrent assets | 1,328 | 15,037 | 10,078 | 4,108 | 1,214 | 180 | |||
| Other undisclosed noncurrent assets | 7,099 | 7,059 | |||||||
| Total noncurrent assets: | 251,883 | 243,031 | 219,099 | 162,273 | 132,005 | 125,245 | |||
| TOTAL ASSETS: | 324,894 | 320,880 | 278,558 | 278,044 | 253,055 | 267,397 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 8,631 | 8,212 | 6,624 | 6,526 | 6,256 | 5,649 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 4,730 | 4,753 | 3,016 | ||
| Accounts payable | 696 | 755 | 1,044 | 500 | 645 | ||||
| Accrued liabilities | 1,747 | 1,267 | 735 | 951 | 1,328 | ||||
| Other undisclosed accounts payable and accrued liabilities | 6,188 | 8,212 | 4,602 | 17 | 52 | 660 | |||
| Deferred revenue | 6,470 | 6,163 | 2,769 | 1,478 | 737 | 733 | |||
| Debt | 1,695 | ||||||||
| Restructuring reserve | 636 | ||||||||
| Asset retirement obligation | 101 | 30 | 85 | 167 | |||||
| Business combination, contingent consideration, liability | 1,000 | 1,000 | 20,249 | ||||||
| Due to related parties | ✕ | ✕ | ✕ | 533 | 120 | 152 | 110 | ||
| Other undisclosed current liabilities | 1,749 | 1,888 | 1,695 | 1,427 | 1,303 | ||||
| Total current liabilities: | 17,951 | 17,263 | 31,900 | 9,636 | 8,615 | 8,823 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 4,177 | 5,601 | 7,051 | ||||||
| Liabilities, other than long-term debt | 126,531 | 111,442 | 66,865 | 58,474 | 6,913 | 6,457 | |||
| Deferred revenue | 115,742 | 100,897 | 57,990 | 53,200 | 2,246 | 2,733 | |||
| Asset retirement obligations | 531 | 541 | 582 | ||||||
| Deferred income tax liabilities | 6,281 | 6,332 | 5,440 | 4,192 | 3,209 | 3,084 | |||
| Other liabilities | 531 | 513 | 513 | 541 | 876 | 640 | |||
| Operating lease, liability | 3,446 | 3,700 | 2,922 | 4,177 | 5,601 | 7,051 | |||
| Other undisclosed noncurrent liabilities | 19,380 | 19,911 | 19,459 | 19,418 | |||||
| Total noncurrent liabilities: | 145,911 | 131,353 | 66,865 | 82,110 | 31,932 | 13,508 | |||
| Total liabilities: | 163,862 | 148,616 | 98,765 | 91,746 | 40,547 | 22,331 | |||
| Equity | |||||||||
| Equity, attributable to parent | 161,032 | 172,264 | 179,793 | 186,298 | 212,508 | 245,066 | |||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Additional paid in capital | 533,203 | 529,054 | 518,160 | 500,125 | 472,854 | 450,978 | |||
| Accumulated deficit | (372,173) | (356,792) | (338,369) | (313,829) | (260,348) | (205,914) | |||
| Total equity: | 161,032 | 172,264 | 179,793 | 186,298 | 212,508 | 245,066 | |||
| TOTAL LIABILITIES AND EQUITY: | 324,894 | 320,880 | 278,558 | 278,044 | 253,055 | 267,397 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,191 | 4,101 | 1,919 | 1,084 | 921 | 1,564 | ||
| Cost of revenue | (34,980) | (10,816) | (5) | (1,606) | (2,833) | |||
| Other undisclosed gross profit | 5 | |||||||
| Gross profit: | (30,789) | (6,710) | 1,919 | 1,079 | (685) | (1,269) | ||
| Operating expenses | (21,677) | (52,018) | (56,769) | (49,029) | (50,205) | (30,288) | ||
| Other undisclosed operating income (loss) | 42,344 | 68,700 | 38,389 | 11,102 | (3,919) | (5,826) | ||
| Operating income (loss): | (10,122) | 9,972 | (16,461) | (36,848) | (54,809) | (37,383) | ||
| Nonoperating income (Other Nonoperating income) | 233 | 258 | 266 | 256 | 414 | 346 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (9,889) | 10,230 | (16,195) | (36,592) | (54,395) | (37,037) | ||
| Loss from equity method investments | (39) | (9) | ||||||
| Other undisclosed income from continuing operations before income taxes | 2,374 | 2,533 | 1,140 | 56 | 124 | 1,810 | ||
| Income (loss) from continuing operations before income taxes: | (7,515) | 12,763 | (15,055) | (36,536) | (54,310) | (35,236) | ||
| Income tax expense | (1,613) | (2,295) | (1,262) | (983) | (124) | (2,402) | ||
| Income (loss) from continuing operations: | (9,128) | 10,468 | (16,317) | (37,519) | (54,434) | (37,638) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (37,519) | (54,434) | (37,638) | |
| Net income (loss) available to common stockholders, diluted: | (9,128) | 10,468 | (16,317) | (37,519) | (54,434) | (37,638) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (9,128) | 10,468 | (16,317) | (37,519) | (54,434) | (37,638) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (9,128) | 10,468 | (16,317) | (37,519) | (54,434) | (37,638) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.