
	March 31, 2026		March 31, 2025

Construction in progress	$	126,487	$	40,002
Processing and storage data centers	63,094		21,848
Buildings	53,537		36,270
Office equipment	52,927		29,293
Telecommunications network infrastructure	33,146		37,663
Vehicles	22,132		9,021
Capital expenditures on leasehold improvements	18,745		12,789
Land	18,246		11,820
Furniture	11,731		12,045
Other	17,950		5,584

Less: Accumulated depreciation	(59,599)		(25,232)

Total fixed assets, net	$	358,396	$	191,103

During the year ended March 31, 2026, the Company's additions to fixed assets were primarily driven by continued investments in telecommunications network infrastructure, processing and storage data center infrastructure, and expansion

of operating premises and equipment to support the growth of the Company's digital ecosystem and related businesses. Investments in telecommunications network infrastructure principally consisted of the installation and expansion of fiber-optic communication lines and related supporting equipment, which are recorded within construction in progress until the related assets are placed into service, at which point they are reclassified to telecommunications network infrastructure. Accordingly, the most significant additions during the year were reflected within construction in progress and processing and storage data center infrastructure.

Construction in progress as of March 31, 2026 and March 31, 2025, was $126.5 million and $40.0 million, respectively, and primarily consists of costs incurred in connection with the installation of fiber-optic communication lines, including construction services, labor, travel, and materials, which will be capitalized upon project completion and placement into service.

Telecommunications network infrastructure consists primarily of fiber-optic communication lines and related supporting equipment.