Summary of Significant Accounting Policies (Tables)

9 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of property and equipment estimated useful lives

Depreciation of property, plant, and equipment is computed using the straight-line method over the estimated useful lives of the assets as follows:

Asset	Estimated Useful Life
Equipment	5 - 7 years
Furniture and fixtures	5 - 7 years
Leasehold improvements	Lesser of lease term or useful life (generally 6 - 15 years)
Construction equipment	5 - 10 years
Fiber plant	15 - 30 years
Customer premise equipment	4 - 5 years
Towers	5 - 10 years
Plant in service	15 - 49 years

Fair Value, Liabilities Measured on Recurring Basis

The following table summarizes the change in the Dissenting Shares liability measured at fair value, on a recurring basis, for which Level 3 inputs have been used to determine fair value:

Balance of Dissenting Shareholders' Liability as of April 1, 2024	$	-
Initial value upon re-domestication		4,526
Change in fair value		1,103
Cash settlement of dissenting shareholders' liability		(5,629	)
Balance of Dissenting Shareholders' Liability as of December 31, 2024	$	-

Summary of financial assets and liabilities measured at fair value on recurring basis

The following tables presents information about the Company’s financial instruments measured at fair value, on a recurring basis, consistent with the fair value hierarchy provisions:

	Fair Value Measurement Using (In thousands)
Description	Level 1		Level 2		Level 3		Fair Value		Carrying Value
Cash and Restricted Cash:
December 31, 2024	$	11,851	$	-	$	-	$	11,851	$	11,851
March 31, 2024	$	994	$	-	$	-	$	994	$	994
Cash equivalents:
December 31, 2024	$	15,281	$	-	$	-	$	15,281	$	15,281
March 31, 2024	$	17,988	$	-	$	-	$	17,988	$	17,988
Term loan advance to Amplex:
December 31, 2024	$	-	$	-	$	-	$	-	$	-
March 31, 2024	$	-	$	-	$	300	$	300	$	300

Schedule of Term Loan Advance

The following table summarizes the changes in financial assets measured at fair value, on a recurring basis, for which Level 3 inputs have been used to determine fair value:

Balance of Term Loan Advances as of April 1, 2024	$	300
Issued		450
Change in fair value		-
Interest accrued		4
Conversion		(754	)
Balance of Term Loan Advances as of December 31, 2024	$	-

Balance of Dissenting Shareholders' Liability as of April 1, 2024	$	-
Initial value upon re-domestication		4,526
Change in fair value		1,103
Cash settlement of dissenting shareholders' liability		(5,629	)
Balance of Dissenting Shareholders' Liability as of December 31, 2024	$	-

Discontinued operations assets measured on a non-recurring basis using Level 3 inputs were $0 and $39.4 million as of December 31, 2024 and March 31, 2024, respectively.