XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Revenue    
Total revenue $ 489 $ 0
Operating expenses:    
Cost of Wireless and Fiber Internet Services 30 0
Cost of other revenue 36 0
Plant Specific Operations 74 0
Plant Nonspecific Operations 38 0
General and administrative 3,764 1,478
Depreciation and amortization 94 22
Total operating expenses 4,036 1,500
Loss from operations (3,547) (1,500)
Other (expense) income    
Income from cash equivalents 411 0
Emigration tax expense (1,711) 0
Loss on dissenting shareholders' liability (829) 0
Other Income 0 12
Total other (expense) income (2,129) 12
Income (Loss) before income taxes (5,676) (1,488)
Income tax benefit 128 0
Loss from continuing operations (5,548) (1,488)
Discontinued operations:    
Income from discontinued operations, net of taxes 542 3,044
Gain on disposal of assets, net of tax 1,517 0
Total discontinued operations 2,059 3,044
Net (loss) income (3,489) 1,556
Less: Net loss attributable to noncontrolling interest (1) 0
Less: Net loss attributable to redeemable noncontrolling interest (210) 0
Net (loss) income attributable to common shareholders $ (3,278) $ 1,556
Net loss per share attributable to common shareholders from continuing operations:    
Basic $ (0.79) $ (0.2)
Diluted (0.79) (0.2)
Net income per share attributable to common shareholders from discontinued operations:    
Basic 0.31 0.42
Diluted 0.3 0.42
Net (loss) income per share attributable to common shareholders:    
Basic (0.49) 0.21
Diluted $ (0.49) $ 0.21
Wireless internet sevices [Member]    
Revenue    
Total revenue $ 319 $ 0
Fiber internet services [Member]    
Revenue    
Total revenue 106 0
Other Revenue [Member]    
Revenue    
Total revenue $ 64 $ 0