Property, Plant, and Equipment, net

3 Months Ended

Jun. 30, 2025

Property, Plant and Equipment [Abstract]

Note 7. Property, Plant, and Equipment, net

Property, plant, and equipment consist of the following:


	(In thousands)
	June 30, 2025			March 31, 2025

Fiber plant	$	23,147		$	21,375
Equipment		10,083			9,794
Leasehold improvements		592			580
Furniture and fixtures		265			249
Towers		36			36
Total, property, plant, and equipment in service		34,123			32,034
Property, plant, and equipment under construction		2,216			346
Total property, plant, and equipment		36,339			32,380

Less: accumulated depreciation		(1,845	)		(1,435	)
Total property, plant, and equipment, net	$	34,494		$	30,945

Depreciation expense was $481 thousand and $61 thousand for the three months ended June 30, 2025 and 2024, respectively. Depreciation expense is included in depreciation and amortization in the condensed consolidated statements of operations.