v3.25.2
Condensed Consolidated Financial Statements' Components
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Consolidated Financial Statements' Components CONDENSED CONSOLIDATED FINANCIAL STATEMENTS' COMPONENTS
Depreciation and Accretion
Depreciation and accretion expenses consisted of the following for the periods stated:
For the Three Months Ended June 30,
For the Six Months Ended June 30,
(Dollars in thousands)2025202420252024
Depreciation
Leasehold improvements$25 $39 $52 $75 
Asset retirement costs23 (104)46 (208)
Paging and computer equipment718 877 1,441 1,778 
Furniture, fixtures and vehicles65 80 129 141 
Total depreciation831 892 1,668 1,786 
Accretion23 175 45 349 
Total depreciation and accretion expense$854 $1,067 $1,713 $2,135 
Other Income (Expense)
For the three and six months ended June 30, 2025, the Company recognized total Other income (expense) of $0.7 million and $0.8 million respectively, compared to negligible amounts in the same periods in 2024. The other income primarily includes gain of $0.7 million from the sale of a domain name.
Accounts Receivable, Net
Accounts receivable was recorded net of an allowance of $0.8 million at June 30, 2025, and $1.0 million at December 31, 2024. Accounts receivable, net includes $6.6 million and $6.4 million of unbilled receivables at June 30, 2025, and December 31, 2024, respectively. Unbilled receivables are defined as the Company's right to consideration in exchange for goods or services that we have transferred to the customer but have not yet billed for, generally as a result of contractual billing terms.
Property and Equipment, Net
Property and equipment, net consisted of the following as of the dates stated:
(Dollars in thousands)Useful Life
 (In Years)		June 30, 2025December 31, 2024
Leasehold improvements
lease term
$2,564 $2,430 
Asset retirement costs
1-15
4,864 4,864 
Paging and computer equipment
1-5
82,526 83,895 
Furniture, fixtures and vehicles
3-5
2,565 2,570 
Total property and equipment92,519 93,759 
Accumulated depreciation(86,436)(87,807)
Total property and equipment, net$6,083 $5,952