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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues by Activity Type
The Company’s revenues by activity type are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2024202320242023
Residential & SMB - Incumbent Broadband Markets1
$44,960 $44,403 $89,330 $89,159 
Residential & SMB - Glo Fiber Expansion Markets2
14,093 8,164 26,211 15,167 
Commercial Fiber19,921 10,253 29,298 21,951 
RLEC & Other6,825 3,824 10,208 7,532 
Service revenue and other$85,799 $66,644 $155,047 $133,809 
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1.Incumbent Broadband Markets consists of Shentel Incumbent Cable Markets and Horizon Incumbent Telephone Markets with Fiber-To-The-Home (“FTTH”) passings.
2.Glo Fiber Expansion Markets consists of FTTH passings in greenfield expansion markets in the Shentel and former Horizon markets.
Schedule of Amortized and Capitalized Contract Cost
The following tables present the activity of current and non-current contract assets:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2024202320242023
Beginning Balance$8,767 $8,756 $8,633 $8,646 
Commission payments1,564 793 2,415 1,684 
Contract asset amortization(986)(807)(1,703)(1,588)
Ending Balance$9,345 $8,742 $9,345 $8,742