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Revenue (Tables)
3 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of 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, 2025 and 2024 (in thousands):
 Three months ended June 30,
 20252024
Spectrum revenue
900 MHz Broadband Spectrum Revenue
Ameren Corporation$206$156
Evergy385386
Xcel Energy801801
TECO (1)
26
Narrowband Spectrum Revenue
Motorola (2)
182
Total spectrum revenue (3)
$1,418$1,525
1.The Company commenced revenue recognition in connection with the delivery of cleared 900 MHz Broadband Spectrum and the associated broadband licenses to Tampa Electric Company (“TECO”) during the three months ended June 30, 2025.
2.As of December 31, 2024, the Company recognized all the revenue associated with the 2014 Motorola spectrum agreement.
3.Revenue recognized during the three months ended June 30, 2025 and 2024 was included in deferred revenue at the beginning of the respective periods.
Schedule of Contract Assets The Company’s capitalized contract costs consisted of the following activity during the three months ended June 30, 2025 and 2024 (in thousands):
 Three months ended June 30,
 20252024
Balance at the beginning of the period$1,241$1,027
Additions 4926
Amortization(19)(30)
Balance at the end of the period1,2711,023
Less amount classified as current assets (1)
(24)(586)
Noncurrent assets (1)
$1,247$437
1.Current assets are recorded as prepaid expenses and other current assets and noncurrent assets are recorded as other assets on the Company’s Consolidated Balance Sheets.
Schedule of Contract Liabilities The Company’s contract liabilities consisted of the following activity during the three months ended June 30, 2025 and 2024 (in thousands):
 Three months ended June 30,
 20252024
Balance at the beginning of the period$124,672$122,212
Net additions (1)
4,960
Revenue recognized(1,418)(1,525)
Balance at the end of the period128,214120,687
Less amount classified as current liabilities (2)
(6,343)(5,968)
Noncurrent liabilities (2)
$121,871$114,719
1.Represents milestone payments received from customer contracts pursuant to the terms of the associated spectrum revenue agreements, net of delivery delay adjustments.
2.Current liabilities and noncurrent liabilities are recorded as deferred revenue on the Company’s Consolidated Balance Sheets.