v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]        
Spectrum revenue $ 1,573 $ 1,566 $ 4,543 $ 4,642
Operating expenses        
General and administrative 8,656 9,203 27,503 33,451
Sales and support 1,439 1,309 4,381 4,516
Product development 1,104 1,120 3,436 4,646
Severance and other related charges 465 3,513 1,820 3,513
Depreciation and amortization 104 142 361 472
Operating expenses 11,768 15,287 37,501 46,598
Gain on exchange of intangible assets, net (806) (20,753) (94,324) (20,846)
Gain on sale of intangible assets, net (329) 0 (12,759) 0
Loss from disposal of long-lived assets, net 1 0 30 0
(Loss) income from operations (9,061) 7,032 74,095 (21,110)
Interest income 340 434 1,161 1,713
Other income 68 10 68 35
(Loss) income before income taxes (8,653) 7,476 75,324 (19,362)
Income tax (benefit) expense (2,052) (234) 3,209 1,218
Net (loss) income $ (6,601) $ 7,710 $ 72,115 $ (20,580)
Net (loss) income per common share basic (in dollars per share) $ (0.35) $ 0.41 $ 3.86 $ (1.11)
Net (loss) income per common share diluted (in dollars per share) $ (0.35) $ 0.41 $ 3.85 $ (1.11)
Weighted-average common shares used to compute basic net (loss) income per share (in shares) 18,682,899 18,609,736 18,664,047 18,557,453
Weighted-average common shares used to compute diluted net (loss) income per share (in shares) 18,682,899 18,783,445 18,712,713 18,557,453