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Segment Reporting (Tables)
6 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenue to Net Loss
The table below summarizes significant segment expenses and other items, which represent the difference between segment revenue and segment net income (loss) during the three and six months ended September 30, 2025 and 2024 (in thousands):
Three months ended September 30,Six months ended September 30,
2025202420252024
Spectrum revenue$1,552$1,551$2,970$3,076
Significant segment expenses and other segment items
Adjusted general and administrative (1)
5,8208,12512,97616,795
Adjusted sales and support (2)
1,3361,2812,7003,044
Adjusted product development (3)
9561,7161,8663,388
Depreciation and amortization133151257330
Gain on exchange of intangible assets, net(59,602)(93,518)(93)
Gain on sale of intangible assets, net(11,469)(12,430)
Interest income3795858211,279
Other income925
Income tax expense7,5182305,2611,452
Other segment items (4)
3,7033,4087,9637,754
Net income (loss)$53,536$(12,766)$78,716$(28,290)
1.Adjusted general and administrative includes expenses related to certain corporate functions, such as, executive, legal, finance, information technology, human resources and others, public company costs, bonus expense for all employees, insurance costs and other costs.
2.Adjusted sales and support includes expenses related to sales and marketing functions.
3.Adjusted product development includes expenses related to technology and product development functions.
4.Other segment items include items not deemed significant or regularly provided to the CODM, such as severance and other related charges, stock compensation and loss from disposal of long-lived assets.