XML 29 R19.htm IDEA: XBRL DOCUMENT

Revenue (Tables)

9 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

The following table provides information regarding the Company’s revenue for each of the services it provides pursuant to its spectrum revenue agreements for the three and nine months ended December 31, 2022 and 2021 (in thousands):


	Three months ended December 31,				Nine months ended December 31,
	2022		2021		2022		2021
Spectrum revenues
900 MHz Broadband Spectrum Revenue
Ameren	$	152	$	202	$	457	$	202
Evergy(1)	244		—		308		—
Narrowband Spectrum Revenue
Motorola	182		183		546		547
Total spectrum revenue(2)	$	578	$	385	$	1,311	$	749

1.The Company commenced revenue recognition in connection with the delivery of cleared 900 MHz Broadband Spectrum and the associated broadband licenses to Evergy for 70 counties.

2.Revenue recognized during the three and nine months ended December 31, 2022 and 2021 was included in deferred revenue at the beginning of the respective periods.

Schedule of Contract Assets

The following table presents the activity for the Company’s contract assets (in thousands):


	Contract Assets
Balance at March 31, 2022	$	638
Additions	109
Amortization	(11)

Balance at December 31, 2022	736
Less amount classified as current assets - prepaid expenses and other current assets	(347)
Noncurrent assets - included in other assets	$	389

Schedule of Contract Liabilities

The following table presents the activity for the Company’s contract liabilities (in thousands):


	Contract Liabilities
Balance at March 31, 2022	$	54,678
Additions	8,000
Revenue recognized	(1,311)
Balance at December 31, 2022	61,367
Less amount classified as current liabilities	(2,656)
Noncurrent liabilities	$	58,711