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Revenue
3 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
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 months ended June 30, 2023 and 2022 (in thousands):
 Three months ended June 30,
 20232022
Spectrum revenues
900 MHz Broadband Spectrum Revenue
Ameren$152$153
Evergy(1)
274
Narrowband Spectrum Revenue
Motorola182182
Total spectrum revenue(2)
$608$335
1.The Company commenced revenue recognition in connection with the delivery of cleared 900 MHz Broadband Spectrum and the associated broadband licenses to Evergy, Inc. (“Evergy”) during the three months ended September 2022.
2.Revenue recognized during the three months ended June 30, 2023 and 2022 was included in deferred revenue at the beginning of the respective periods.
Spectrum Revenue Agreements
Refer to the Company’s 2023 Annual Report for a description of the Company’s spectrum revenue agreements entered into prior to March 31, 2023.
Contract Assets and Liabilities
The Company recognizes a contract asset for the incremental costs of obtaining a contract with a customer. Contract liabilities primarily relate to advance consideration received from customers for spectrum services, for which revenue is recognized over time, as the services are performed.
The Company’s contract assets consisted of the following activity during the three months ended June 30, 2023 and 2022 (in thousands):
 20232022
Balance at the beginning of the period$870$638
Additions2856
Amortization(10)(3)
Balance at the end of the period888691
Less amount classified as current assets - prepaid expenses and other current assets(445)(294)
Noncurrent assets (1)
$443$397
1.Recorded as other assets on the Company’s Consolidated Balance Sheets.
The Company’s contract liabilities consisted of the following activity during the three months ended June 30, 2023 and 2022 (in thousands):
 20232022
Balance at the beginning of the period$60,759$54,678
Revenue recognized(608)(335)
Balance at the end of the period60,15154,343
Less amount classified as current liabilities(2,896)(2,192)
Noncurrent liabilities (1)
$57,255$52,151
1.Recorded as deferred revenue on the Company’s Consolidated Balance Sheets.