v3.26.1
Segment Reporting (Tables)
3 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Operating Financial Results
The table below summarizes significant segment expenses and other items, which represent the difference between segment revenue and segment net income during three months ended June 30, 2026 and 2025 (in thousands):
Three months ended June 30,
20262025
Spectrum revenue$1,958$1,418
Significant segment expenses and other segment items
Adjusted general and administrative (1)
6,8957,156
Adjusted sales and support (2)
1,5641,364
Adjusted product development (3)
1,014910
Depreciation and amortization101124
Gain on exchange of intangible assets, net(10,653)(33,916)
Gain on sale of intangible assets, net(961)
Interest income845442
Other income15
Income tax expense (benefit)374(2,257)
Other segment items (4)
3,2834,260
Net income$240$25,180
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.
2.Adjusted sales and support includes expenses related to sales and marketing functions.
3.Adjusted product development includes expenses related to technology and product development functions.
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.