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Property, Plant, and Equipment, net | 9 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Property, Plant, and Equipment, net | Note 7. Property, Plant, and Equipment, net Property, plant, and equipment consist of the following:
|  | (In thousands) |
|  | December 31, 2024 |  |  | March 31, 2024 |
Equipment |  | $ | 4,380 |  |  | $ | 305 |
Construction equipment |  |  | 323 |  |  |  | - |
Leasehold improvements |  |  | 183 |  |  |  | 2 |
Furniture and fixtures |  |  | 201 |  |  |  | 6 |
Fiber plant |  |  | 17,536 |  |  |  | - |
Customer premise equipment |  |  | 818 |  |  |  | - |
Towers |  |  | 37 |  |  |  | - |
Total, property, plant, and equipment in service |  |  | 23,478 |  |  |  | 313 |
Property, plant, and equipment under construction |  |  | 2,042 |  |  |  | - |
Total property, plant, and equipment |  |  | 25,520 |  |  |  | 313 |
Less: accumulated depreciation |  |  | (650 | ) |  |  | (238 | )
Total property, plant, and equipment, net |  | $ | 24,870 |  |  | $ | 75 |
Depreciation expense was $299 thousand and $686 thousand for the three and nine months ended December 31, 2024, respectively. Depreciation expense was $19 thousand and $57 thousand for the three and nine months ended December 31, 2023, respectively. Depreciation expense is included in depreciation and amortization in the condensed consolidated statements of operations.

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