<PAGE>
As filed with the Securities and Exchange Commission on July 1, 1996
----
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
[X] FIRST AMENDMENT TO THE QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1996
OR
[_] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND
EXCHANGE ACT OF 1934
For the transition period from __________________ to ____________________
Commission File No. 0-18806
DMX INC.
(Exact name of Registrant as specified in its Charter)
Delaware 95-4275106
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
11400 WEST OLYMPIC BOULEVARD, SUITE 1100, LOS ANGELES, CA 90064-1507
(Address of Principal Executive Offices) (Zip code)
(310) 444-1744
(Registrant's telephone number, including area code)
________________________
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes X No
---- -----
At March 29, 1996, the Registrant had 44,094,970 shares of its Common Stock
outstanding, excluding 85,630 shares held as Treasury Stock.
Total number of pages in this report, including cover page is 4.
----
<PAGE>
SIGNATURES
----------
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Company has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
DMX INC.
(Registrant)
By: /s/ JEROLD H. RUBINSTEIN Date: July 1, 1996
Chairman of the Board and
Chief Executive Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the Company
and in the capacities and on the dates indicated.
<TABLE>
<CAPTION>
Signature Date Title
--------- ---- -----
<S> <C> <C>
/s/ JEROLD H. RUBINSTEIN July 1, 1996 Chairman of the Board and
Chief Executive Officer
/s/ J. WENDY KIM July 1, 1996 Chief Financial Officer and
Corporate Secretary
</TABLE>
23
<PAGE>
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit No. Description of Exhibit
- ----------- ----------------------
<C> <S>
27 Financial Data Schedule
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10Q FOR
THE QUARTERLY PERIODS ENDED DECEMBER 31, 1995 AND MARCH 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C> <C>
<PERIOD-TYPE> 6-MOS 3-MOS
<FISCAL-YEAR-END> SEP-30-1996 SEP-30-1996
<PERIOD-START> OCT-01-1995 OCT-01-1995
<PERIOD-END> MAR-31-1996 DEC-31-1995
<CASH> 272,488 1,260,889
<SECURITIES> 0 165,000
<RECEIVABLES> 5,166,854 4,616,012
<ALLOWANCES> 856,802 856,802
<INVENTORY> 582,429<F1> 483,602<F2>
<CURRENT-ASSETS> 5,164,969 5,668,701
<PP&E> 8,423,360 8,025,879
<DEPRECIATION> 4,074,300 3,656,893
<TOTAL-ASSETS> 10,297,691 10,706,186
<CURRENT-LIABILITIES> 7,303,181 3,399,828
<BONDS> 0 0
0 0
0 0
<COMMON> 441,806 436,806
<OTHER-SE> (18,932,677) (12,248,399)
<TOTAL-LIABILITY-AND-EQUITY> 10,297,691 10,706,186
<SALES> 7,632,763 3,670,468
<TOTAL-REVENUES> 7,632,763 3,670,468
<CGS> 0 0
<TOTAL-COSTS> 13,478,009 6,589,288
<OTHER-EXPENSES> 9,486,767<F3> 4,507,501<F3>
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 100,042 42,233
<INCOME-PRETAX> (15,189,101) (7,372,396)
<INCOME-TAX> 0 0
<INCOME-CONTINUING> (15,189,101) (7,372,396)
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (15,189,101) (7,372,396)
<EPS-PRIMARY> (0.35) (0.17)
<EPS-DILUTED> 0 0
<FN>
<F1>INCLUDES PREPAID EXPENSES OF 197,520
<F2>INCLUDES PREPAID EXPENSES OF 121,344
<F3>EQUITY IN LOSS OF DMX-E
</FN>
</TABLE>