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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (15,524) $ (2,118)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 179 246
Stock compensation expense 4,346 4,265
Deferred income taxes 1,057 (272)
Right of use assets 434 283
Gain on disposal of intangible assets, net (93) (10,785)
Gain on disposal of long-lived assets, net 0 (31)
Changes in operating assets and liabilities    
Prepaid expenses and other assets 974 563
Accounts payable and accrued expenses (1,558) 1,169
Due to related parties 0 (533)
Operating lease liabilities (531) (388)
Contingent liability 10,000 0
Deferred revenue (1,525) (608)
Other liabilities (120) 0
Net cash used in operating activities (2,361) (8,209)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of intangible assets, including refundable deposits, retuning costs and swaps (5,400) (5,170)
Purchases of equipment 0 (25)
Net cash used in investing activities (5,400) (5,195)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from stock option exercises 1,617 7
Repurchases of common stock (2,027) 0
Payments of withholding tax on net issuance of restricted stock (661) (752)
Net cash used in financing activities (1,071) (745)
Net change in cash and cash equivalents and restricted cash (8,832) (14,149)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents and restricted cash at beginning of the period 68,124 43,182
Cash and cash equivalents and restricted cash at end of the period 59,292 29,033
Cash paid during the period:    
Taxes paid 0 1
Operating leases paid 593 574
Non-cash investing activity:    
Network equipment provided in exchange for wireless licenses 47 438
Right of use assets new leases 248 65
Right of use assets modifications and renewals 247 0
Reconciliation of Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 51,715 29,033
Escrow deposits 7,577 0
Total cash and cash equivalents and restricted cash $ 59,292 $ 29,033