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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (9,128) $ (16,317)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation and amortization 844 1,420
Stock compensation expense 15,507 17,874
Deferred income taxes 841 1,248
Right of use assets 1,512 676
Gain from disposal of intangible assets, net (35,024) (38,399)
Gain on sale of intangible assets, net (7,364) 0
Loss from disposal of long-lived assets, net 44 10
Changes in operating assets and liabilities    
Prepaid expenses and other assets (1,171) 464
Accounts payable and accrued expenses 1,936 101
Due to related parties (533) 413
Operating lease liabilities (1,924) (1,042)
Contingent liability 15,000 249
Deferred revenue 61,453 6,081
Other liabilities 0 (28)
Net cash provided by (used in) operating activities 41,993 (27,250)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of intangible assets, including refundable deposits, retuning costs and swaps (17,031) (25,004)
Proceeds from sale of spectrum 25,427 0
Purchases of equipment (307) (2,126)
Net cash provided by (used in) investing activities 8,089 (27,130)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from stock option exercises 777 1,726
Repurchase of common stock (24,676) (8,223)
Payments of withholding tax on net issuance of restricted stock (1,241) (1,565)
Net cash used in financing activities (25,140) (8,062)
Net change in cash and cash equivalents and restricted cash 24,942 (62,442)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents and restricted cash at beginning of the year 43,182 105,624
Cash and cash equivalents and restricted cash at end of the year 68,124 43,182
Reconciliation of Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 60,578 43,182
Escrow deposits 7,546 0
Total cash and cash equivalents and restricted cash $ 68,124 $ 43,182