Note 4 - Revenue and Deferred Revenue

6 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

Note 4. Revenue and Deferred Revenue

Revenue

The Company sells its goods and services to customers primarily under contracts with stated terms of 12 months. The Company’s standard terms and conditions state a penalty for early termination of wireless internet service contracts; however, the Company normally waives this penalty.  Disaggregated revenues are presented in the accompanying statements of operations.

Contract Liability

The Company has current contract liability balances recorded of $0.6 million and $0.6 million as of  September 30, 2025 and March 31, 2025, respectively, which represent amounts billed or collected in advance of the Company’s satisfaction of its performance obligations for the applicable contracts. During the quarter ended March 31, 2025, almost the entire $0.6 million contract liability balance as of March 31, 2025 was recognized as revenue during the period, and the $0.6 million contract liability balance as of September 30, 2025 pertains almost entirely to new customer billings made in advance of the Company's satisfaction of future performance obligations, as substantially all of the Company's billings that get added to the contract liability balances are billed for performance obligations that are satisfied by the Company in the subsequent month.