Business Segment Information

3 Months Ended

Oct. 31, 2014

Business Segment Information [Abstract]

Business Segment Information

Note 8—Business Segment Information

The Company has two reportable business segments, Straight Path Spectrum, which holds, leases and markets fixed wireless spectrum, and Straight Path IP, which holds intellectual property primarily related to communications over the Internet, and the licensing and other businesses related to this intellectual property.

The Company’s reportable segments are distinguished by types of service, customers and methods used to provide their services. The operating results of these business segments are regularly reviewed by the Company’s chief operating decision maker.

The accounting policies of the segments are the same as the accounting policies of the Company as a whole. The Company evaluates the performance of its business segments based primarily on income (loss) from operations. There are no significant asymmetrical allocations to segments.

Operating results for the business segments of the Company were as follows:

	Straight Path  Spectrum			Straight Path  IP			Total
	(in thousands)
Three Months Ended October 31, 2014
Revenues	$	96		$	4,727		$	4,823
Income (loss) from operations		(297	)		1,909			1,612
Three Months Ended October 31, 2013
Revenues	$	107		$	20		$	127
Loss from operations		(60	)		(410	)		(470	)

Total assets for the business segments of the Company were as follows:

	Straight Path  Spectrum		Straight Path  IP		Total
			(in thousands)
Total assets:
October 31, 2014 (unaudited)	$	5,399	$	23,732	$	29,131
July 31, 2014		5,586		24,853		30,439

None of the Company’s revenues were generated outside of the United States for either of the three months ended October 31, 2014 and 2013. The Company did not have any assets outside the United States at October 31, 2014 or July 31, 2014.