Straight Path Communications Inc. (STRP) [Rocket]

In millions, except per share items	Jul-31-17	Jul-31-16	Jul-31-15	Jul-31-14	Jul-31-13	Jul-31-12
	10-K	10-K	10-K	10-K	10-K	10-K/A
Assets
Current assets:
Cash and cash equivalents	8.5	11.4	18.6	21.2	15.0	2.6
Trade accounts receivable, net of allowance for doubtful accounts of $19 and $19, respectively	0.1	0.0	0.1	0.1	0.1	0.0
Inventory	1.6
Prepaid Expense and Other Assets, Current	0.1	1.6	0.3	0.1	0.1	0.0
Total current assets	10.3	13.0	19.8	28.8	15.2	2.6
Intangible assets	0.4	0.4	0.4	0.4	0.4
Other assets	0.2	0.1	0.1	0.1	0.2
Total assets	11.9	13.5	20.2	30.4	15.7	2.8

Liabilities and Deficiency
Current liabilities:
Trade accounts payable (related party of $57 and $29, respectively)	3.2	0.7	0.2		0.0	0.0
Accrued expenses (related party of $0 and $900, respectively)	3.5	1.0	0.8	1.3	1.5	1.2
FCC consent decree payable	3.5
Loans payable, net of debt discount of $541 and $1,101	11.3
Deferred revenue	0.2	0.1	1.6	10.3	0.1	0.1
Total current liabilities	22.1	2.0	2.9	12.1	1.6	1.3
Settlement of litigation	7.2
Deferred revenue - long-term portion	0.1	0.1	0.1	1.7	0.3	0.2
Total liabilities	29.3	2.1	3.0	13.7	1.9	1.4

Commitments and contingencies
Deficiency
Straight Path Communications Inc. stockholders' deficiency:
Preferred stock, $0.01 par value; 3,000 shares authorized; no shares issued and outstanding
Common stock value
Additional paid-in capital	38.4	21.6	17.3	14.9	14.1
Accumulated deficit	-52.9	-8.2	0.1	2.0
Treasury stock, 40 shares at cost at October 31, 2017 and July 31, 2017	-0.4	-0.4	-0.5
Total Straight Path Communications Inc. stockholders' deficiency	-17.5	11.4	18.5	17.0	14.2	1.5
Noncontrolling interests	-2.7	-1.7	-1.3	-0.3	-0.4	-0.1
Total deficiency	-14.8	13.1	17.2	16.7	13.9	1.4
Total liabilities and deficiency	11.9	13.5	20.2	30.4	15.7	2.8