Anterix Inc.

Listed Company

ATEXCIK 0001304492NasdaqNon-AcceleratedSmaller ReportingTelephone Communications (No Radiotelephone)DelawareFY ends Mar 31

Period

FY 2025

Revenue

$6.03M

Net Income

$-11.37M

Total Assets

$333.10M

Equity

$156.60M

Shares Out

18.73M

Op. Cash Flow

$-29.26M

Business

Anterix Inc. commercializes 900 MHz spectrum to enable private wireless broadband for utilities and critical infrastructure. It offers long-term leases and sales of broadband licenses, spectrum-clearing and eligibility services, and ecosystem programs such as the Anterix Active Ecosystem and AnterixAccelerator. The company operates as a single reportable segment focused on spectrum asset commercialization, platform services and deployment support for LTE and 5G private networks. Its operations and customers are located across the United States, including Hawaii, Alaska and Puerto Rico, served via direct sales, partners and industry alliances.

Summary from filing dated 2025-06-24

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31	FY 2021 2021-03-31
Total spectrum revenue	6	4	2	1	921,000
General and administrative	43	44	45	40	39
Sales and support	6	6	6	4	3
Product development	6	6	4	4	4
Severance and other related charges	4	0	—	—	—
Depreciation and amortization	548,000	844,000	1	1	4
Operating expenses	59	57	57	49	52
Gain on exchange of intangible assets, net	−23	−35	—	—	—
Gain on sale of intangible assets, net	−18	−7	0	—	—
Loss from disposal of long-lived assets, net	3,000	44,000	10,000	107,000	70,000
Loss from operations	−12	−10	−16	−37	−55
Interest income	2	2	1	56,000	124,000
Other income	75,000	233,000	266,000	256,000	414,000
Loss before income taxes	−9	−8	−15	−37	−54
Income tax expense	2	2	1	983,000	124,000
Net loss	−11	−9	−16	−38	−54
Net loss per common share basic (in dollars per share)	−0.61	−0.49	−0.87	−2.07	−3.13
Net loss per common share diluted (in dollars per share)	−0.61	−0.49	−0.87	−2.07	−3.13
Weighted-average common shares used to compute basic net loss per share (in shares)	19	19	19	18	17
Weighted-average common shares used to compute diluted net loss per share (in shares)	19	19	19	18	17

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-12-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Cash and cash equivalents	47	61	—	43	106
Non-trade receivable	3	0	—	—	—
Spectrum receivable	7	9	—	14	—
Escrow deposits	500,000	0	—	—	—
Prepaid expenses and other current assets	3	4	—	2	10
Total current assets	61	73	—	59	116
Escrow deposits	7	8	—	—	—
Property and equipment, net	1	2	—	4	3
Right of use assets, net	5	4	—	3	4
Intangible assets	229	217	—	202	151
Deferred broadband costs	29	20	—	9	—
Other assets	1	1	—	1	4
Total assets	333	325	—	279	278
Accounts payable and other accrued expenses	9	9	—	7	7
Accrued severance and other related charges	2	0	—	—	—
Due to related parties	30,000	0	—	533,000	—
Operating lease liabilities	2	2	—	2	2
Contingent liability	8	1	1	20	0
Deferred revenue	6	6	—	3	1
Total current liabilities	27	18	—	32	10
Operating lease liabilities	4	3	—	3	4
Contingent liability	15	15	—	0	20
Deferred revenue	119	116	—	58	53
Deferred gain on sale of intangible assets	5	5	—	—	—
Deferred income tax	7	6	—	5	4
Other liabilities	125,000	531,000	—	513,000	541,000
Total liabilities	177	164	—	99	92
Commitments and contingencies	—	—	—	—	—
Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized and no shares outstanding at March 31, 2025 and March 31, 2024	0	0	—	0	0
Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 18,612,804 shares issued and outstanding at March 31, 2025 and 18,452,892 shares issued and outstanding at March 31, 2024	2,000	2,000	—	2,000	2,000
Additional paid-in capital	549	533	—	518	500
Accumulated deficit	−392	−372	—	−338	−314
Total stockholders equity	157	161	—	180	186
Total liabilities and stockholders equity	333	325	—	279	278

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31	FY 2021 2021-03-31
Depreciation and amortization	548,000	844,000	1	1	4
Stock compensation expense	14	16	18	14	16
Deferred income taxes	325,000	841,000	—	—	124,000
Right of use assets	2	2	676,000	1	1
Non-trade receivable	−3	0	—	—	—
Prepaid expenses and other assets	1	−1	464,000	−797,000	−745,000
Accounts payable and other accrued expenses	550,000	2	101,000	270,000	3
Accrued severance and other related charges	2	0	—	—	—
Due to related parties	30,000	−533,000	413,000	−32,000	42,000
Operating lease liabilities	−2	−2	—	—	—
Contingent liability	6	15	249,000	0	20
Deferred revenue	2	61	6	52	−483,000
Other liabilities	−406,000	0	−28,000	−335,000	235,000
Net cash (used in) provided by operating activities	−29	42	−27	18	−10
Purchases of intangible assets, including refundable deposits, retuning costs and swaps	−18	−17	−25	−26	−14
Proceeds from sale of spectrum	41	25	0	—	—
Purchases of equipment	−87,000	−307,000	−2	−1	−230,000
Net cash provided by investing activities	23	8	−27	−27	−14
Proceeds from stock option exercises	4	777,000	2	14	4
Repurchases of common stock	−8	−25	−8	−15	0
Payments of withholding tax on net issuance of restricted stock	−2	−1	−2	−1	0
Net cash used in financing activities	−7	−25	−8	−2	4
Net change in cash and cash equivalents and restricted cash	−13	25	−62	−12	−20

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro