XML 11 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Revenue        
Total revenue $ 2,968 $ 0 $ 6,415 $ 0
Operating expenses        
Marketing 21 0 33 0
Cost of wireless and fiber internet services 167 0 354 0
Cost of other revenue 211 0 456 0
Plant specific operations 422 0 820 0
Plant nonspecific operations 226 0 491 0
General and administrative 2,123 1,745 8,725 4,810
Depreciation and amortization 501 22 1,073 66
Total operating expenses 3,671 1,767 11,952 4,876
(Loss) from operations (703) (1,767) (5,537) (4,876)
Other income (expense)        
Interest income, net 252 31 1,058 31
Emigration tax (expense) 0 0 (1,711) 0
(Loss) on dissenting shareholders' liability 0 0 (1,103) 0
Gain on sale of assets 0 0 30 0
Gain on Lease Settlement 14 0 14 0
Other income (expense) 32 37 42 0
Total other income (expense), net 298 68 (1,670) 31
(Loss) before income taxes (405) (1,699) (7,207) (4,845)
Income tax expense (60) 0 (35) 0
Loss from continuing operations (465) (1,699) (7,242) (4,845)
Discontinued operations:        
Income (loss) from discontinued operations, net of taxes 185 (9,962) 630 (15,745)
Gain on disposal of assets, net of taxes 0 0 1,692 0
Gain on sale of finance receivables, net of taxes 94 0 817 0
Total income (loss) from discontinued operations 279 (9,962) 3,139 (15,745)
Net (loss) (186) (11,661) (4,103) (20,590)
Less: Net income (loss) attributable to redeemable noncontrolling interest (62) 0 12 0
Net (loss) attributable to common shareholders $ (124) $ (11,661) $ (4,115) $ (20,590)
Net (loss) per share attributable to common shareholders from continuing operations:        
Basic $ (0.08) $ (0.23) $ (1.11) $ (0.66)
Diluted (0.08) (0.23) (1.11) (0.66)
Net income (loss) per share attributable to common shareholders from discontinued operations:        
Basic 0.04 (1.37) 0.47 (2.16)
Diluted 0.04 (1.37) 0.47 (2.16)
Net (loss) per share attributable to common shareholders:        
Basic (0.04) (1.6) (0.64) (2.83)
Diluted $ (0.04) $ (1.6) $ (0.64) $ (2.83)
Wireless internet sevices [Member]        
Revenue        
Total revenue $ 1,693 $ 0 $ 3,776 $ 0
Fiber internet services [Member]        
Revenue        
Total revenue 851 0 1,730 0
Other Revenue [Member]        
Revenue        
Total revenue $ 424 $ 0 $ 909 $ 0