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Goodwill and Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of change in the carrying amount of goodwill

The change in the carrying amount of goodwill for the fiscal year ended March 31, 2025 was as follows:

(In thousands)

March 31, 2024

 

 

Additions

 

 

Impairment

 

 

March 31, 2025

 

Goodwill

$

-

 

 

$

12,280

 

 

$

-

 

 

 

12,280

 

 

$

-

 

 

$

12,280

 

 

$

-

 

 

$

12,280

 

Schedule of Intangible assets The changes in intangible assets for the fiscal year ended March 31, 2025 consists of the following:

(In thousands)

Weighted-Average Remaining Amortization Period (Years)

 

 

March 31, 2024

 

 

Additions

 

 

Impairment

 

 

Amortization

 

 

March 31, 2025

 

Definite lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subscriber relationships

 

4.21

 

 

$

-

 

 

$

2,654

 

 

$

-

 

 

$

(420

)

 

$

2,234

 

Trade name

 

9.16

 

 

 

-

 

 

 

507

 

 

 

-

 

 

 

(40

)

 

 

467

 

 

 

 

 

 

-

 

 

 

3,161

 

 

 

-

 

 

 

(460

)

 

 

2,701

 

Indefinite lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IP Addresses

N/A

 

 

 

-

 

 

 

392

 

 

 

-

 

 

 

-

 

 

 

392

 

CBRS FCC license

N/A

 

 

 

-

 

 

 

580

 

 

 

-

 

 

 

-

 

 

 

580

 

 

 

 

 

 

-

 

 

 

972

 

 

 

-

 

 

 

-

 

 

 

972

 

 

 

 

 

$

-

 

 

$

4,133

 

 

$

-

 

 

$

(460

)

 

$

3,673

 

Schedule of future expected amortization expense for intangible assets

As of March 31, 2025, the future expected amortization expense for the definite lived intangible assets is as follows:

(In thousands)

 

 

FY 2026

$

582

 

FY 2027

 

582

 

FY 2028

 

582

 

FY 2029

 

582

 

FY 2030

 

161

 

Thereafter

 

212

 

Total

$

2,701