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v3.25.2

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Revenue |  |
Total revenue | $ 9,366 | $ 0
Operating expenses |  |
General and administrative | 10,813 | 6,159
Amortization expense | 2,007 | 84
Plant specific operations | 1,240 | 0
Plant nonspecific operations | 771 | 0
Cost of other revenue (exclusive of depreciation shown separately) | 638 | 0
Cost of wireless and fiber internet services (exclusive of depreciation shown separately) | 548 | 0
Marketing | 308 | 0
Total operating expenses | 16,325 | 6,243
(Loss) from operations | (6,959) | (6,243)
Other income (expense) |  |
Interest income, net | 1,376 | 145
Emigration tax (expense) | (1,711) | 0
(Loss) on dissenting shareholders' liability | (1,103) | 0
Gain on sale of assets | 29 | 0
Gain on lease settlement | 14 | 0
Other income (expense) | 66 | 0
Total other income (expense), net | (1,329) | 145
(Loss) before income taxes | (8,288) | (6,098)
Income tax (expense) benefit | (63) | 0
(Loss) from continuing operations, net of tax | (8,351) | (6,098)
Income (loss) from discontinued operations, net of taxes | 3,038 | (14,703)
Net (loss) | (5,313) | (20,801)
Less: Net (loss) attributable to redeemable noncontrolling interest | (164) | 0
Net (loss) attributable to common shareholders | $ (5,149) | $ (20,801)
Net (loss) per share attributable to common shareholders from continuing operations: |  |
Basic | $ (1.22) | $ (0.84)
Diluted | (1.22) | (0.84)
Net income (loss) per share attributable to common shareholders from discontinued operations: |  |
Basic | 0.45 | (2.02)
Diluted | 0.45 | (2.02)
Net (loss) per share attributable to common shareholders: |  |
Basic | (0.77) | (2.86)
Diluted | $ (0.77) | $ (2.86)
Wireless Internet Sevices [Member] |  |
Revenue |  |
Total revenue | $ 5,432 | $ 0
Fiber Internet Services [Member] |  |
Revenue |  |
Total revenue | 2,600 | 0
Other Revenue [Member] |  |
Revenue |  |
Total revenue | $ 1,334 | $ 0

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