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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Total revenue $ 2,958 $ 0 $ 3,447 $ 0
Operating expenses:        
Marketing 12 0 12 0
Cost of wireless and fiber internet services 157 0 187 0
Cost of other revenue 209 0 245 0
Plant specific operations 324 0 398 0
Plant nonspecific operations 227 0 265 0
Depreciation and amortization 501 22 595 44
General and administrative 2,553 1,587 6,317 3,065
Total operating expenses 3,983 1,609 8,019 3,109
Loss from operations (1,025) (1,609) (4,572) (3,109)
Other income (expense)        
Interest expense, net (4) 0 (4) 0
Income from cash equivalents 391 0 802 0
Emigration tax expense 0 0 (1,711) 0
Loss on dissenting shareholders' liability (274) 0 (1,103) 0
Gain on sale of assets 30 0 30 0
Other income (expense) 10 (49) 10 (37)
Total other income (expense), net 153 (49) (1,976) (37)
Loss before income taxes (872) (1,658) (6,548) (3,146)
Income tax benefit (103) 0 25 0
Loss from continuing operations (975) (1,658) (6,523) (3,146)
Discontinued operations:        
Income (loss) from discontinued operations, net of taxes (97) (8,827) 445 (5,783)
Gain on disposal of assets, net of taxes 175 0 1,692 0
Gain on sale of finance receivables, net of taxes 723 0 723 0
Total income (loss) from discontinued operations 801 (8,827) 2,860 (5,783)
Net loss (174) (10,485) (3,663) (8,929)
Less: Net loss attributable to noncontrolling interest (7) 0 (8) 0
Less: Net income attributable to redeemable noncontrolling interest 284 0 74 0
Net loss attributable to common shareholders $ (451) $ (10,485) $ (3,729) $ (8,929)
Net loss per share attributable to common shareholders from continuing operations:        
Basic $ (0.19) $ (0.23) $ (0.98) $ (0.43)
Diluted (0.19) (0.23) (0.98) (0.43)
Net income (loss) per share attributable to common shareholders from discontinued operations:        
Basic 0.12 (1.21) 0.43 (0.79)
Diluted 0.12 (1.21) 0.43 (0.79)
Net loss per share attributable to common shareholders:        
Basic (0.07) (1.44) (0.56) (1.23)
Diluted $ (0.07) $ (1.44) $ (0.56) $ (1.23)
Wireless internet sevices [Member]        
Revenue        
Total revenue $ 1,764 $ 0 $ 2,083 $ 0
Fiber internet services [Member]        
Revenue        
Total revenue 773 0 879 0
Other Revenue [Member]        
Revenue        
Total revenue $ 421 $ 0 $ 485 $ 0