The table below summarizes significant segment expenses and other items, which represent the difference between segment revenue and segment net (loss) income during the three and nine months ended December 31, 2025 and 2024 (in thousands):


	Three months ended December 31,				Nine months ended December 31,
	2025		2024		2025		2024
Spectrum revenue	$	1,573	$	1,566	$	4,543	$	4,642
Significant segment expenses and other segment items
Adjusted general and administrative (1)	6,680		7,461		19,656		24,254
Adjusted sales and support (2)	1,343		1,280		4,042		4,323
Adjusted product development (3)	961		1,063		2,827		4,452

Depreciation and amortization	104		142		361		472
Gain on exchange of intangible assets, net	(806)		(20,753)		(94,324)		(20,846)
Gain on sale of intangible assets, net	(329)		—		(12,759)		—
Interest income	340		434		1,161		1,713
Other income	68		10		68		35
Income tax (benefit) expense	(2,052)		(234)		3,209		1,218
Other segment items (4)	2,681		5,341		10,645		13,097
Net (loss) income	$	(6,601)	$	7,710	$	72,115	$	(20,580)

1.Adjusted general and administrative includes expenses related to certain corporate functions, such as, executive, legal, finance, information technology, human resources and others, public company costs, bonus expense for all employees, insurance costs and other costs.

4.Other segment items include items not deemed significant or regularly provided to the CODM, such as severance and other related charges, stock compensation and loss from disposal of long-lived assets.