Business Segment Information

9 Months Ended

Apr. 30, 2015

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 computer networks, 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 April 30, 2015
Revenues	$	99		$	2,768		$	2,867
Income (loss) from operations		(353	)		552			199
Three Months Ended April 30, 2014
Revenues	$	109		$	804		$	913
Loss from operations		(117	)		(60	)		(177	)
Nine Months Ended April 30, 2015
Revenues	$	288		$	10,183		$	10,471
Income (loss) from operations		(1,062	)		2,711			1,649
Nine Months Ended April 30, 2014
Revenues	$	325		$	1,168		$	1,493
Loss from operations		(352	)		(1,167	)		(1,519	)

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

	Straight Path Spectrum		Straight Path IP		Total
	(in thousands)
Total assets:
April 30, 2015 (Unaudited)	$	5,577	$	19,105	$	24,682
July 31, 2014		5,586		24,853		30,439