Anterix (ATEX) 10-Q 10 Nov 15 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Sep. 30, 2015	Nov. 04, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Trading Symbol	pdvw
Entity Registrant Name	pdvWireless, Inc.
Entity Central Index Key	1,304,492
Current Fiscal Year End Date	--03-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		14,291,662

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Mar. 31, 2015
Current Assets
Cash and cash equivalents	$ 169,279,421	$ 119,873,668
Accounts receivable, net	399,466	395,172
Prepaid expenses and other current assets	354,224	629,790
Total Current Assets	170,033,111	120,898,630
Property and equipment	10,473,161	6,384,602
Intangible Assets	100,082,430	100,298,444
Capitalized patent costs, net	221,333	220,783
Other assets	1,563,681	25,630
Total assets	282,373,716	227,828,089
Current Liabilities
Accounts Payable and accrued expenses	3,889,365	6,467,285
Accounts Payable - officers	42,285	40,668
Deferred Revenue	745,838	737,664
Total current liabilities	4,677,488	7,245,617
Deferred Revenue	6,012,146	6,376,518
Total liabilities	$ 10,689,634	$ 13,622,135
Commitments and Contingencies
Stockholders' equity
Preferred Stock, $0.0001 per share, 10,000,000 shares authorized and no shares outstanding at September 30, 2015 and March 31, 2015
Common Stock, $0.0001 par value per share, 100,000,000 shares authorized and 14,375,179 shares issued and outstanding at September 30, 2015 and 12,530,493 shares issued and outstanding at March 31, 2015	$ 1,438	$ 1,253
Additional paid-in capital	323,149,527	255,861,880
Accumulated deficit	(51,466,883)	(41,657,179)
Total stockholders' equity	271,684,082	214,205,954
Total liabilities and stockholders' equity	$ 282,373,716	$ 227,828,089

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2015	Mar. 31, 2015
Statement of Financial Position [Abstract]
Preferred Stock, par value	$ 0.0001	$ 0.0001
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares outstanding	0	0
Common Stock, par value	$ 0.0001	$ 0.0001
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	14,375,179	12,530,493
Common Stock, shares outstanding	14,375,179	12,530,493

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Operating revenues
Service revenue	$ 622,069	$ 659,132	$ 1,270,731	$ 1,490,270
Spectrum lease revenue	182,186	30,365	364,372	30,365
Other revenue	7,203		17,215
Total operating revenues	811,458	689,497	1,652,318	1,520,635
Cost of revenue
Sales and service	490,585	223,714	865,759	507,644
Gross profit	320,873	465,783	786,559	1,012,991
Operating expenses
General and administrative	4,588,842	2,499,697	8,311,247	4,922,888
Sales and support	885,007	397,759	1,696,682	689,363
Product development	336,200	210,059	641,097	436,754
Total operating expenses	5,810,049	3,107,515	10,649,026	6,049,005
Loss from operations	(5,489,176)	(2,641,732)	(9,862,467)	(5,036,014)
Interest expense - affiliated entities		(377,456)		(570,737)
Interest income	29,293		51,513
Other income	1,250		1,250
Net Loss	$ (5,458,633)	$ (3,019,188)	$ (9,809,704)	$ (5,606,751)
Net loss per common share basic and diluted	$ (0.38)	$ (0.25)	$ (0.70)	$ (0.76)
Weighted-average common shares used to compute basic and diluted net loss per share	14,379,082	11,986,267	13,938,243	7,409,725

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - 6 months ended Sep. 30, 2015 - USD ($)		Preferred Stock Series AA [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Mar. 31, 2015			$ 1,253	$ 255,861,880	$ (41,657,179)	$ 214,205,954
Balance, Shares at Mar. 31, 2015			12,530,493
Issuance of stock, net of closing costs			$ 173	64,792,047		64,792,220
Issuance of stock, net of closing costs, Shares			1,725,000
Equity based compensation	[1]		$ 12	2,455,599		2,455,611
Equity based compensation, Shares	[1]		116,667
Stock option exercises				40,001		$ 40,001
Stock option exercises, Shares			3,019			3,019
Net loss					(9,809,704)	$ (9,809,704)
Balance at Sep. 30, 2015			$ 1,438	$ 323,149,527	$ (51,466,883)	$ 271,684,082
Balance, Shares at Sep. 30, 2015			14,375,179
[1]	includes restricted shares issued.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Sep. 30, 2015		Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (9,809,704)		$ (5,606,751)
Adjustments to reconcile net loss to net cash (used) provided by operating activities
Depreciation and amortization	128,448		29,220
Stock compensation expense	2,455,611	[1]	3,276,600
Changes in Operating Assets and Liabilities
Accounts receivable	(4,294)		(88,227)
Prepaid expenses and other assets	95,515		(32,100)
Accounts payable and accrued expenses	(2,577,920)		486,394
Accounts payable - officers	1,617		(99,961)
Accrued interest expense			(332,323)
Deferred compensation			(361,610)
Deferred revenue	(356,198)		7,469,037
Net cash flows (used) provided by operating activities	(10,066,925)		4,740,279
CASH FLOWS FROM INVESTING ACTIVITIES
Payment of deposit			(13,500,000)
Purchases of intangible assets	(1,141,986)		(76,798,384)
Purchases of equipment	(4,211,917)		(42,206)
Payments for patent costs	(5,640)		(4,069)
Net Cash used by Investing Activities	(5,359,543)		(90,344,659)
CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from Rule 144A Offering			201,922,458
Net proceeds from follow on offering	64,792,220
Proceeds from stock option exercise	40,001
Payment of notes payable, net			(1,088,851)
Proceeds from Motorola investment			10,000,000
Net cash provided from financing activities	64,832,221		210,833,607
Net change in cash and cash equivalents	49,405,753		125,229,227
CASH AND CASH EQUIVALENTS
Beginning of the period	119,873,668		45,679
End of the period	$ 169,279,421		$ 125,274,906
[1]	includes restricted shares issued.

Nature of Operations

Nature of Operations	6 Months Ended
	Sep. 30, 2015
Nature of Operations [Abstract]
Nature of Operations	1. Nature of Operations pdvWireless, Inc. (formerly known as Pacific DataVision, Inc., the “Company”) is a private carrier wireless communications provider of mobile workforce communications and location based solutions that increase the productivity of its customers’ field-based workers and the efficiency of their dispatch and call center operations. The Company is deploying and operating private push-to-talk (“PTT”) networks in major markets throughout the United States. The Company was originally incorporated in California in 1997, and reincorporated in Delaware in 2014. The Company maintains offices in Woodland Park, New Jersey, Reston, Virginia and San Diego, California. The Company is focused on deploying and operating dedicated, wide-area, two-way radio networks that offer PTT services to primarily dispatch-centric, small and medium-sized businesses. In June 2015, the Company commercially launched its PTT service in its first market located in the greater Houston, Texas metropolitan area. The Company currently has sites in service in six additional metropolitan market areas, Dallas, Atlanta, Philadelphia, Chicago, the greater New York area, and Washington/Baltimore. For its targeted set of customers, the Company offers its DispatchPlus™ communications solution. DispatchPlus combines Motorola Solutions Inc.’s and its subsidiaries’ (collectively, “Motorola”) state-of-the-art digital technology architecture with pdvConnect™, the Company’s suite of mobile communications and workforce management applications. Built with the commercial dispatch user in mind, Motorola’s digital technology architecture allows the Company to provide highly reliable, instant and wide-area PTT communication solutions. Also developed by the Company for dispatch-centric businesses, pdvConnect is an easy to use and efficient workforce management solution that enables businesses to locate and communicate with field workers and improve documentation of work events and job status. The Company expects that its DispatchPlus business will become its principal near term operating business. However, because it only launched the first market in June 2015, the Company has not yet generated significant revenues from its DispatchPlus business. The Company primarily markets its DispatchPlus communication solutions indirectly through Motorola’s dealer network. The Company enters into contracts directly with all end users of its DispatchPlus communication solutions, including those introduced to it through its indirect dealers. Concurrently with launching its DispatchPlus business, the Company is pursuing initiatives to increase the efficiency and capacity of its spectrum licenses, including filing (together with the Enterprise Wireless Alliance) a Joint Petition for Rulemaking with the Federal Communications Commission (the “FCC”) proposing a realignment of a portion of the 900MHz spectrum from narrowband to broadband. If successful, the Company believes these initiatives could substantially enhance the capacity and capabilities of its spectrum. Historically, the Company has been engaged in the development and sale of its wireless communications applications, marketed primarily under the name pdvConnect. The Company primarily offers these applications indirectly to the end users of two Tier I wireless communications carriers in the United States and, until July 2015, one international wireless communications carrier under licensing agreements between the Company and these carriers. The Company also offers these applications directly to end users. In May 2015, the Company completed a registered follow-on public offering of common stock that resulted in the sale of 1,725,000 shares at a purchase price of $40.00 per share, which included 225,000 shares sold pursuant to the underwriters’ exercise of their over-allotment option. Net proceeds were approximately $64.8 million after deducting underwriting discounts and commissions and offering expenses.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Sep. 30, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation and Use of Estimates The consolidated financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to estimated useful lives of depreciable assets, allowance for doubtful accounts, valuation allowance on the Company’s deferred tax assets, and recoverability of intangible assets. The Company is also required to make certain estimates with regard to the valuation of awards and forfeiture rates for its share-based award programs. Estimates and assumptions are reviewed periodically and the effects of revision s are reflected in the financial statements in the applicable period. Accordingly actual results could differ from those estimates. The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries, including PDV Spectrum Holding Company, LLC formed in April 2014 . All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying consolidated financial statements as of September 30, 2015 and for the three and six month periods ended September 30, 2015 and 2014 are unaudited. These unaudited financial statements have been prepared in accordance with US GAAP for interim financial information and are presented in accordance with the requirements of Regulation S-X promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by US GAAP for complete financial statements. Certain information and disclosures normally included in financial statements prepared in accordance with US GAAP have been condensed or omitted pursuant to such rules and regulations. However, the Company believes that the disclosures included herein are adequate to make the information presented not misleading and all adjustments considered necessary for a fair presentation have been included. In the opinion of management, the Company’s results for the three and six months ended September 30, 2015 are not necessarily indicative of the results to be expected for the full year. Reclassifications Certain prior year amounts have been reclassified to conform to the presentation of the corresponding amounts in the financial statements for the three and six months ended September 30, 2015. These reclassifications had no effect on previously reported results of operations, cash flows, assets, liabilities or equity for the years presented. Cash and C ash E quivalents All highly liquid investments with maturities of three months or less at the time of purchase are considered cash equivalents. Cash equivalents are stated at cost, which approximates quoted market value and include amounts held in money market funds. Allowance for Doubtful Accounts An allowance for uncollectible receivables is estimated based on a combination of write-off history, aging analysis and any specific known troubled accounts. The Company reviews its allowance for uncollectible receivables on a quarterly basis. Past due balances meeting specific criteria are reviewed individually for collectability. At September 30, 2015 and March 31, 2015, management provided an allowance of $300 and $7,977 , respectively, for certain slow paying accounts. Property and Equipment Property and equipment is stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The carrying amount at the balance sheet date of long-lived assets under construction in process include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service. These costs will be transferred to property and equipment when substantially all of the activities necessary to prepare the assets for their intended use are completed. Depreciation commences upon completion. Intangible Assets Intangible assets are wireless licenses that will be used to provide the exclusive right to utilize designated radio frequency spectrum to provide wireless communication services. While licenses are issued for only a fixed time, generally ten years, such licenses are subject to renewal by the Federal Communications Commission (the “FCC”). License renewals have occurred routinely and at nominal cost. There are currently no legal, regulatory, contractual, competitive, economic or other factors that limit the useful life of the Company’s wireless licenses. As a result, the wireless licenses are treated as an indefinite-lived intangible asset and the Company will evaluate the useful life determination for wireless licenses each year to determine whether events and circumstances continue to support an indefinite useful life. The licenses are tested for impairment on an aggregate basis, as the Company will be utilizing the wireless licenses on an integrated basis as part of developing its nationwide network. The Company performs the test of the fair values of the wireless licenses annually using a discounted cash flow approach. Patent Costs Costs to acquire a patent on certain aspects of the Company’s technology have been capitalized. These amounts are amortized, subject to periodic evaluation for impairment, over statutory lives following award of the patent. Long-Lived Asset Impairment The Company evaluates long-lived assets, other than intangible assets with indefinite lives, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. Asset groups are determined at the lowest level for which identifiable cash flows are largely independent of cash flows of other groups of assets and liabilities. When the carrying amount of a long-lived asset group is not recoverable and exceeds its fair value, an impairment loss is recognized equal to the excess of the asset group’s carrying value over the estimated fair value. Revenue Recognition The Company recognizes revenue in the period that persuasive evidence of an arrangement exists, delivery of the product has occurred or services have been rendered, it is able to determine the amount of revenue and when the collection of such amount is considered probable. In accordance with the guidance provided in Accounting Standards Codification (“ASC”) Topic 605-45-45, Revenue Recognition – Principal Agent Considerations, the Company has determined that it is the primary obligor with respect to the service revenue derived from sales of the Company’s software applications through its Tier I domestic carrier partners. As a result, revenue is recorded at the gross amount billed to end-user customers for sales t hrough the se carrier partners. The Company recognize d service revenue for its international carrier (which business relationship terminated in July 2015) on the net amount billed since it has determined that it is not the primary obligor. The Company also sells service and applications directly to end-users, which are billed and collected directly by the Company. In September 2014, Motorola paid the Company an upfront, fully-paid leasing fee of $7.5 million in order to lease a portion of the Company’s wireless spectrum licenses. The payment of the fee is accounted for as Deferred Revenue on the Company’s consolidated balance sheet s . The Company recognizes leasing revenue in accordance with ASC Topic 840, Leases. The fee is amortized using the straight-line method over the lease term of approximately ten years which represents the time frame in which the benefits of the leased property are expected to be depleted. The Company evaluates certain transactions for its DispatchPlus service offering to determine whether they should be viewed as a Multiple Element Arrangement provided in ASC Topic 605-25. Multiple deliverable arrangements are presumed to be bundled transactions , and the total consideration is measured and allocated to the separate transactions based on their relative selling price with certain limitations. T he Company has determined that the rental of user devices in connection with service contracts for its DispatchPlus service are multiple deliverable arrangements. Cost of Revenue The Company ’s cost of revenue relating to sales of its software applications through its wireless carrier partners includes the portion of service revenue retained by its domestic carrier partners pursuant to its agreements with these parties, which may include network services , connectivity, SMS service , sales, marketing, billing and other ancillary services. With respect to its recently launched DispatchPlus service offering, the Company’s cost of revenue includes the cost s of operati ng its dispatch network , its cloud-based s olutions and to a lesser degree, the costs associated with the sales of the relevant user devices. Stock Compensation The Company accounts for stock options in accordance with US GAAP, which requires the measurement and recognition of compensation expense, based on the estimated fair value of awards granted to employees and directors. The Company estimates the fair value of share-based awards on the date of grant using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as expense in the Company’s statements of operations over the requisite service periods. In the event the participant’s employment by or engagement with (as a director or otherwise) the Company is terminated by the Company before exercise of the options granted, the stock option s granted to the participant shall immediately expire and all rights to purchase shares thereunder shall immediately cease and expire and be of no further force or effect, other than applicable exercise rights for vested shares that may extend past the termination date as provided for in the participant’s applicable option award agreement. Additionally, the Compensation Committee adopted an Executive Severance Plan (the “Severance Plan”) in February 2015, and the Company subsequently entered into Severance Plan Participation Agreements with its executive officers and certain key employees. In addition to providing participants with severance payments, the Severance Plan provides for accelerated vesting and extends the exercise period for outstanding equity awards if the Company terminates a participant’s service for reasons other than cause, death or disability or the participant terminates his or her service for good reason, whether before or after a change of control (each of such terms as defined in the Severance Plan.) . To calculate option-based compensation, the Company uses the Black-Scholes option-pricing model. The Company’s determination of fair value of option-based awards on the date of grant using the Black-Scholes model is affected by assumptions regarding a number of subjective variables. No tax benefits were attributed to the share-based compensation expense because the Company maintained a full valuation allowance f or all net deferred tax assets. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)," ("ASU 2014-09") which supersedes current revenue recognition guidance, including most industry-specific guidance. ASU 2014-09 requires a company to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services, and also requires additional disclosures regarding the nature, amount, timing and uncertainty of revenue that is recognized. The guidance, as stated in ASU 2014-09, is effective for annual and interim periods beginning after December 15, 2016. In August 2015, the FASB issued ASU No. 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date," which defers the effective date by one year, with early adoption on the original effective date permitted. The Company is evaluating the impact of the new guidance on its consolidated financial statements. In April 2015, FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in the financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. The guidance is effective for annual reporting periods beginning after December 15, 2016, with early adoption permitted. The guidance will be applied retrospectively to each period presented. The adoption of this standard update is not expected to have any impact on the Company’s consolidated financial statements. Net Loss Per Share of Common Stock Basic net loss per common share is calculated by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period, without consideration for potentially dilutive securities. For purposes of the diluted net loss per share calculation, preferred stock, convertible notes payable-affiliated entities, stock options and warrants are considered to be potentially dilutive securities. Because the Company has reported a net loss for the three and six months ended September 30, 2015 and 2014, diluted net loss per common share is the same as basic net loss per common share for those periods. Common stock equivalents resulting from potentially dilutive securities approximated 1,200,000 and 1,000,000 at September 30, 2015 and March 31, 2015, respectively, and have not been included in the diluted weighted average shares outstanding, as their effects are anti-dilutive. Subsequent Events Evaluation by Management Management has evaluated subsequent events for disclosure and/or recognition in the financial statements through the date that the financial statements were issued .

Property and Equipment

Property and Equipment	6 Months Ended
	Sep. 30, 2015
Property and Equipment [Abstract]
Property and Equipment	3. Property and equipment Property and equipment consist of the following at September 30, 2015 and March 31, 2015: Estimated September 30, March 31, useful life 2015 2015 Network sites and equipment 5 -10 years $ $ — Computer equipment 5 -7 years Furniture and fixture and other equipment 2 -5 years Leasehold improvements Shorter of the lease term or 5 years — Less accumulated depreciation Construction in process Property and equipment, net $ $ Depreciation expense for the three and six months ended September 30, 2015 amounted to $76,549 and $123,358 , respectively. For the three and six months ended September 30, 2014, depreciation expense was $3,900 and $7,800 , respectively. For the three and six months ended September 30, 2015, approximately $50,000 and $83,000 of such depreciation expense was classified as cost of revenue while the remainder was classified in operating expenses. Construction in process includes the expenditures related to the costs to establish the Company’s dedicated, wide-area, two-way radio dispatch network in certain metropolitan areas.

Intangible Assets

Intangible Assets	6 Months Ended
	Sep. 30, 2015
Intangible Assets [Abstract]
Intangible Assets	4. Intangible Assets Wireless licenses are considered indefinite-lived intangible assets. Indefinite-lived intangible assets are not subject to amortization but instead are tested for impairment annually, or more frequently if an event indicates that the asset might be impaired. The Company believes that no impairment indicators existed as of September 30, 2015 that would require it to perform impairment testing. During the six months ended September 30, 2015, the Company entered into agreements with several third parties in multiple U.S. markets to acquire wireless licenses for cash consideration upon FCC approval. Also during the period , the Company entered into an agreement with a third party to exchange wireless licenses. The first exchange occurred in June 2015, when the Company transferred wireless licenses to the counterparty. The second exchange i s anticipated to occur by the end of Fiscal 2016, when the Company will receive wireless licenses from the counterparty. The second exchange is accounted for as an Other asset in the Company’s consolidated balance sheets as of September 30, 2015. Wireless Licenses Balance at March 31, 2015 $ Acquisitions Exchanges Balance at September 30, 2015 $

Accounts Payable - Officers

Accounts Payable - Officers	6 Months Ended
	Sep. 30, 2015
Accounts Payable - Officers [Abstract]
Accounts Payable - Officers	5 . Accounts Payable - officers Accounts payable-officers represents unreimburse d expenses including travel, lodging, and meal ex pense s incurred by the Company’s officers. At September 30, 2015 and March 31, 2015, the accounts payable to officers amounted to $42,285 and $40,668 , respectively.

Income Taxes

Income Taxes	6 Months Ended
	Sep. 30, 2015
Income Taxes [Abstract]
Income Taxes	6. Income Taxes The Company had federal and state net operating loss carryforwards of approximately $28.7 million at March 31, 2015, which expire in varying amounts from 2021 through 2035. The Company has deferred tax assets of approximately $14.7 million relating to these net operating loss carryforwards and stock compensation plans at March 31, 2015. Federal net operating loss carryforwards are subject to limitations as a result of a change in ownership. State net operating loss carryforwards are subject to limitations which differ from federal law in that they may not allow the carryback of net operating losses, and have shorter carryforward periods. Due to the uncertainty with respect to the realization of these deferred tax assets, the Company recorded a valuation allowance for the entire amount. The difference between the tax benefit at the statutory rate and the effective tax rate is primarily attributable to a full valuation allowance placed upon the deferred tax asset. The Company recognizes the effect of tax positions only when they are more likely than not to be sustained. The Company’s management has determined that it had no uncertain tax positions that would require financial statement recognition or disclosure. The Company is no longer subject to U.S. federal, state or local income tax examinations for periods prior to 2012.

Stock Purchases Rights, Stock O

Stock Purchases Rights, Stock Options and Warrants	6 Months Ended
	Sep. 30, 2015
Stock Purchases Rights, Stock Options and Warrants [Abstract]
Stock Purchases Rights, Stock Options and Warrants	7. Stock Purchases Rights, Stock Options and Warrants The Company established the pdvWireless, Inc. 2014 Stock Plan (the “2014 Stock Plan”) to attract, retain and reward individuals who contribute to the growth of the Company. This 2014 Stock Plan superseded previous stock plans although under such previous plans, 54,479 stock options were vested and outstanding as of September 30, 2015. The Company’s Board of Directors authorized and reserved 1,823,651 shares of common stock for issuance under its 2014 Stock Plan. The number of shares reserved for issuance under the 2014 Stock Plan automatically increased on January 1, 2015 and will continue to automatically increase each subsequent anniversary through January 1, 2024 by an amount equal to the smaller of 5% of the number of shares of common stock issued and outstanding on the immediately preceding December 31 or a lesser amount determined by the Board of Directors. From April 1, 2015 through September 30, 2015, the Company awarded certain employees of the Company 170,250 options to purchase shares of common stock with a weighted average exercise price of $38.42 per share. The shares have a ten year contractual life and 25% will vest on the first anniversary of grant, and the remainder will vest in three equal annual installments . Shares granted to employees are subject to vesting, future settlement conditions and other such terms as determined by the Board of Directors. Restricted Stock Units During the six months ended September 30, 2015, the Company did not award any restricted stock units. As of September 30, 2015, there were 83,804 restricted stock units outstanding, all of which were vested. These restricted stock units were issued under the pdvWireless, Inc. 2010 Stock Plan and the 2014 Stock Plan. The Company recognizes compensation expense for restricted stock units over the explicit vesting period. Vested restricted stock units are settled and issuable upon the earlier of the date the employee ceases to be an employee of the Company or a date certain in the future. There was no stock compensation expense related to the restricted stock units in the three and six months ended September 30, 2015. Stock Options A summary of Stock Option activity for the six months ended September 30, 2015 is as follows: Weighted Average Options Exercise Price Options outstanding at March 31, 2015 $ Granted Expirations Exercised Options outstanding at September 30, 2015 $ Additional information regarding Stock Options outstanding at September 30, 2015 is as follows: Weighted Weighted Average Average Weighted Exercise Price Exercise Number Remaining Average Options of Shares Prices Outstanding Life in Years Exercise Price Exercisable Exercisable $ 13.25 - $ 20.00 $ $ 25.00 - 46.23 47.10 - 72.85 $ $ The Black-Scholes option model requires weighted average assumptions to be used for calculation of the Company’s stock compensation expense. The assumptions used during the three and six months ended September 30, 2015 were: the expected life of the awards was 5 years, the risk-free interest rate ranged from 1.50% to 1.69% , the expected volatility was 40.0% , and the expected dividend yield was 0.0% . There was a 2% forfeiture rate used for the calculation. Stock compensation expense was $1,105,976 and $2,455,611 for the three and six months ended September 30, 2015, respectively. For the three and six months ended September 30, 2014, stock compensation expense was $1,180,824 and $3,276,600 . Included in the six months ended September 30, 2014, the Company recognized $1,676,080 related to restricted stock units issued. Stock compensation expense is included as part of general and administrative expense in the accompanying consolidated statement s of operations. The weighted average fair value for each stock option award granted during the six months ended September 30, 2015, was $14.27 per share. As of September 30, 2015 , there was approximately $6.6 million of unrecognized compensation cost related to non-vested share options granted under the Company’s stock option plans. The cost is expected to be recognized over a weighted-average period of 3.0 years. The intrinsic value of the options outstanding and exercisable at September 30, 2015 was approximately $13.3 million and $4.0 million, respectively. Warrants A summary of Warrant activity is as follows: Weighted Average Warrants Exercise Price Warrants outstanding at March 31, 2015 $ Expired — — Warrants outstanding at September 30, 2015 $ Additional information regarding Warrants outstanding at September 30, 2015 is as follows: Weighted Weighted Average Average Exercise Number Remaining Exercise Price Outstanding Life in Years Price $ 0.67 $ The outstanding warrants are immediately exercisable into 6,039 shares of common stock at September 30, 2015 and expire in June 2016. Motorola Investment On September 15, 2014, Motorola invested $10.0 million to purchase 500,000 Class B Units of the Company’s subsidiary, PDV Spectrum Holding Company, LLC (at a price equal to $20.00 per unit). The Company owns 100% of the Class A Units in this subsidiary. Motorola has the right at any time to convert its 500,000 Class B Units into 500,000 shares of the Company’s common stock. The Company also has the right to force Motorola’s conversion of these Class B Units into shares of its common stock on the occurrence of certain corporate events or at its election after September 15, 2016. Motorola is not entitled to any assets, profits or distributions from the operations of the subsidiary. In addition, Motorola’s conversion ratio from Class B Units to shares of the Company’s common stock is fixed on a one -for-one basis, and is not dependent on the performance or valuation of either the Company or the subsidiary. The Class B Units have no redemption or call provisions and can only be converted into shares of the Company’s common stock. Management has determined that this investment does not meet the criteria for temporary equity or non-controlling interest due to the limited rights that Motorola has as a holder of Class B Units, and accordingly has presented this investment as part of its permanent equity within Additional Paid-in Capital in the accompanying consolidated financial statements.

Supplemental Disclosure of Cash

Supplemental Disclosure of Cash Flow Information	6 Months Ended
	Sep. 30, 2015
Supplemental Disclosure of Cash Flow Information [Abstract]
Supplemental Disclosure of Cash Flow Information	8. Supplemental Disclosure of Cash Flow Information The Company paid in cash $800 in taxes and did not make any payments for interest during the six months ended September 30, 2015. During the six months ended September 30, 2015, the Company exchanged wireless licenses valued at $1,358,000 with a third party (see Note 4). During the six months ended September 30, 2014, the Company entered into the following non-cash investing and financing activities: · Pursuant to the terms of an asset purchase agreement between the Company and Sprint Corporation (“Sprint”), the Company issued 500,000 shares of its common stock, valued at $10.0 million , as part of the consideration it paid to purchase certain 900 MHz spectrum licenses and related assets from Sprint in September 2014. · The Company r epaid its outstanding working capital line of $1,300,000 in exchange for 65,000 shares of common stock. · The Company c onverted $1,016,956 in principal and $537,924 of accrued interest for certain outstanding Redeemable Notes into 77,733 shares of common stock.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Sep. 30, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies Leasing Obligations The Company is obligated under certain lease agreements for office space. These leases expire on January 7, 2019 , June 30, 2019 , and May 31, 2020 , respectively. Rent expense amounted to $125,950 and $222,352 in the three and six months ended September 30, 2015, of which $36,837 and $60,346 was classified in cost of revenue for the three and six months ended September 30, 2015, respectively. The remainder of the rent expense, $89,562 and $162,006, was classified as operating expense for the same periods. For the three and six months ended September 30, 2014, total rent expense of $32,333 and $61,927 was classified in operating expenses. The Company entered into multiple lease agreements for tower space related to its new DispatchPlus business and deployment of the related dedicated, wide-area, two-way dispatch radio network. The lease expiration dates range from February 28, 2020 to September 30, 2025 . The straight-line method is used to recognize minimum rent expense under leases which provide for varying rents over their term. The effect of applying the straight-line basis resulted in an increase in rental expense of approximately $45,000 and $104,000 in the three and six months ended September 30, 2015, respectively. The impact to the three and six months ended September 30, 2014 was a decrease in rental expense of approximately $4,300 and $8,500 . At September 30, 2015, accumulated deferred rent payable amounted to approximately $203,000 and is included as part of accounts payable and accrued expenses in the accompanying September 30, 2015 consolidated balance sheet. Aggregate rentals, under non-cancelable leases for office and tower space (exclusive of real estate taxes, utilities, maintenance and other costs borne by the Company) for the remaining terms of the leases are as follows: Period Ending March 31, 2016 (6 months) $ 2017 2018 2019 2020 After 2020 Total $ Liti gation The Company is not involved in any material legal proceedings or other litigation matters at this time. However, from time to time, the Company may be involved in litigation that arises from the ordinary operations of the business, such as contractual or employment disputes or other general actions. In the event of an adverse outcome of these proceedings, the Company believes the resulting liabilities would not have a material adverse effect on its financial condition or results of operations.

Concentrations of Credit Risk

Concentrations of Credit Risk	6 Months Ended
	Sep. 30, 2015
Concentrations of Credit Risk [Abstract]
Concentrations of Credit Risk	10. Concentrations of Credit Risk Financial instruments which potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents and trade accounts receivable. The Company places its cash and temporary cash investments with financial institutions for which credit loss is not anticipated. The Company sells its current software applications product and extends credit predominately through two domestic third-party carriers. The Company maintains allowances for doubtful accounts based on factors surrounding the write-off history, historical trends, and other information.

Business Concentrations

Business Concentrations	6 Months Ended
	Sep. 30, 2015
Business Concentrations [Abstract]
Business Concentrations	11. Business Concentrations For the three and six months ended September 30, 2015, the Company had two carriers that accounted for approximately 43% and 22% of service revenue, respectively. The two carriers accounted for approximately 52% and 26% of service revenue for three and six months ended September 30, 2014. As of September 30, 2015 and March 31, 2015, the Company had two carriers that accounted for approximately 67% and 20% and 69% and 22% , respectively, of accounts receivable.

Subsequent Event

Subsequent Event	6 Months Ended
	Sep. 30, 2015
Subsequent Event [Abstract]
Subsequent Event	12. Subsequent Event In October 2015, the Company entered into a purchase agreement with a third party to acquire wireless licenses. The consideration for this acquisition will be $1,500,000 , of which $200,000 will be paid in cash and a $1,300,000 promissory note. The term of the promissory note will be through March 15, 2018. The interest rate will be based on the Short Term Applicable Federal Rate.

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Sep. 30, 2015
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation and Use of Estimates	Basis of Presentation and Use of Estimates The consolidated financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to estimated useful lives of depreciable assets, allowance for doubtful accounts, valuation allowance on the Company’s deferred tax assets, and recoverability of intangible assets. The Company is also required to make certain estimates with regard to the valuation of awards and forfeiture rates for its share-based award programs. Estimates and assumptions are reviewed periodically and the effects of revision s are reflected in the financial statements in the applicable period. Accordingly actual results could differ from those estimates. The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries, including PDV Spectrum Holding Company, LLC formed in April 2014 . All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying consolidated financial statements as of September 30, 2015 and for the three and six month periods ended September 30, 2015 and 2014 are unaudited. These unaudited financial statements have been prepared in accordance with US GAAP for interim financial information and are presented in accordance with the requirements of Regulation S-X promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by US GAAP for complete financial statements. Certain information and disclosures normally included in financial statements prepared in accordance with US GAAP have been condensed or omitted pursuant to such rules and regulations. However, the Company believes that the disclosures included herein are adequate to make the information presented not misleading and all adjustments considered necessary for a fair presentation have been included. In the opinion of management, the Company’s results for the three and six months ended September 30, 2015 are not necessarily indicative of the results to be expected for the full year.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the presentation of the corresponding amounts in the financial statements for the three and six months ended September 30, 2015. These reclassifications had no effect on previously reported results of operations, cash flows, assets, liabilities or equity for the years presented.
Cash and Cash Equivalents	Cash and C ash E quivalents All highly liquid investments with maturities of three months or less at the time of purchase are considered cash equivalents. Cash equivalents are stated at cost, which approximates quoted market value and include amounts held in money market funds.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts An allowance for uncollectible receivables is estimated based on a combination of write-off history, aging analysis and any specific known troubled accounts. The Company reviews its allowance for uncollectible receivables on a quarterly basis. Past due balances meeting specific criteria are reviewed individually for collectability. At September 30, 2015 and March 31, 2015, management provided an allowance of $300 and $7,977 , respectively, for certain slow paying accounts.
Property and Equipment	Property and Equipment Property and equipment is stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The carrying amount at the balance sheet date of long-lived assets under construction in process include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service. These costs will be transferred to property and equipment when substantially all of the activities necessary to prepare the assets for their intended use are completed. Depreciation commences upon completion.
Intangible Assets	Intangible Assets Intangible assets are wireless licenses that will be used to provide the exclusive right to utilize designated radio frequency spectrum to provide wireless communication services. While licenses are issued for only a fixed time, generally ten years, such licenses are subject to renewal by the Federal Communications Commission (the “FCC”). License renewals have occurred routinely and at nominal cost. There are currently no legal, regulatory, contractual, competitive, economic or other factors that limit the useful life of the Company’s wireless licenses. As a result, the wireless licenses are treated as an indefinite-lived intangible asset and the Company will evaluate the useful life determination for wireless licenses each year to determine whether events and circumstances continue to support an indefinite useful life. The licenses are tested for impairment on an aggregate basis, as the Company will be utilizing the wireless licenses on an integrated basis as part of developing its nationwide network. The Company performs the test of the fair values of the wireless licenses annually using a discounted cash flow approach.
Patent Costs	Patent Costs Costs to acquire a patent on certain aspects of the Company’s technology have been capitalized. These amounts are amortized, subject to periodic evaluation for impairment, over statutory lives following award of the patent.
Long-Lived Asset Impairment	Long-Lived Asset Impairment The Company evaluates long-lived assets, other than intangible assets with indefinite lives, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. Asset groups are determined at the lowest level for which identifiable cash flows are largely independent of cash flows of other groups of assets and liabilities. When the carrying amount of a long-lived asset group is not recoverable and exceeds its fair value, an impairment loss is recognized equal to the excess of the asset group’s carrying value over the estimated fair value.
Revenue Recognition	Revenue Recognition The Company recognizes revenue in the period that persuasive evidence of an arrangement exists, delivery of the product has occurred or services have been rendered, it is able to determine the amount of revenue and when the collection of such amount is considered probable. In accordance with the guidance provided in Accounting Standards Codification (“ASC”) Topic 605-45-45, Revenue Recognition – Principal Agent Considerations, the Company has determined that it is the primary obligor with respect to the service revenue derived from sales of the Company’s software applications through its Tier I domestic carrier partners. As a result, revenue is recorded at the gross amount billed to end-user customers for sales t hrough the se carrier partners. The Company recognize d service revenue for its international carrier (which business relationship terminated in July 2015) on the net amount billed since it has determined that it is not the primary obligor. The Company also sells service and applications directly to end-users, which are billed and collected directly by the Company. In September 2014, Motorola paid the Company an upfront, fully-paid leasing fee of $7.5 million in order to lease a portion of the Company’s wireless spectrum licenses. The payment of the fee is accounted for as Deferred Revenue on the Company’s consolidated balance sheet s . The Company recognizes leasing revenue in accordance with ASC Topic 840, Leases. The fee is amortized using the straight-line method over the lease term of approximately ten years which represents the time frame in which the benefits of the leased property are expected to be depleted. The Company evaluates certain transactions for its DispatchPlus service offering to determine whether they should be viewed as a Multiple Element Arrangement provided in ASC Topic 605-25. Multiple deliverable arrangements are presumed to be bundled transactions , and the total consideration is measured and allocated to the separate transactions based on their relative selling price with certain limitations. T he Company has determined that the rental of user devices in connection with service contracts for its DispatchPlus service are multiple deliverable arrangements.
Cost of Revenue	Cost of Revenue The Company ’s cost of revenue relating to sales of its software applications through its wireless carrier partners includes the portion of service revenue retained by its domestic carrier partners pursuant to its agreements with these parties, which may include network services , connectivity, SMS service , sales, marketing, billing and other ancillary services. With respect to its recently launched DispatchPlus service offering, the Company’s cost of revenue includes the cost s of operati ng its dispatch network , its cloud-based s olutions and to a lesser degree, the costs associated with the sales of the relevant user devices.
Stock Compensation	Stock Compensation The Company accounts for stock options in accordance with US GAAP, which requires the measurement and recognition of compensation expense, based on the estimated fair value of awards granted to employees and directors. The Company estimates the fair value of share-based awards on the date of grant using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as expense in the Company’s statements of operations over the requisite service periods. In the event the participant’s employment by or engagement with (as a director or otherwise) the Company is terminated by the Company before exercise of the options granted, the stock option s granted to the participant shall immediately expire and all rights to purchase shares thereunder shall immediately cease and expire and be of no further force or effect, other than applicable exercise rights for vested shares that may extend past the termination date as provided for in the participant’s applicable option award agreement. Additionally, the Compensation Committee adopted an Executive Severance Plan (the “Severance Plan”) in February 2015, and the Company subsequently entered into Severance Plan Participation Agreements with its executive officers and certain key employees. In addition to providing participants with severance payments, the Severance Plan provides for accelerated vesting and extends the exercise period for outstanding equity awards if the Company terminates a participant’s service for reasons other than cause, death or disability or the participant terminates his or her service for good reason, whether before or after a change of control (each of such terms as defined in the Severance Plan.) . To calculate option-based compensation, the Company uses the Black-Scholes option-pricing model. The Company’s determination of fair value of option-based awards on the date of grant using the Black-Scholes model is affected by assumptions regarding a number of subjective variables. No tax benefits were attributed to the share-based compensation expense because the Company maintained a full valuation allowance f or all net deferred tax assets.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)," ("ASU 2014-09") which supersedes current revenue recognition guidance, including most industry-specific guidance. ASU 2014-09 requires a company to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services, and also requires additional disclosures regarding the nature, amount, timing and uncertainty of revenue that is recognized. The guidance, as stated in ASU 2014-09, is effective for annual and interim periods beginning after December 15, 2016. In August 2015, the FASB issued ASU No. 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date," which defers the effective date by one year, with early adoption on the original effective date permitted. The Company is evaluating the impact of the new guidance on its consolidated financial statements. In April 2015, FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in the financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. The guidance is effective for annual reporting periods beginning after December 15, 2016, with early adoption permitted. The guidance will be applied retrospectively to each period presented. The adoption of this standard update is not expected to have any impact on the Company’s consolidated financial statements.
Net Loss Per Share of Common Stock	Net Loss Per Share of Common Stock Basic net loss per common share is calculated by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period, without consideration for potentially dilutive securities. For purposes of the diluted net loss per share calculation, preferred stock, convertible notes payable-affiliated entities, stock options and warrants are considered to be potentially dilutive securities. Because the Company has reported a net loss for the three and six months ended September 30, 2015 and 2014, diluted net loss per common share is the same as basic net loss per common share for those periods. Common stock equivalents resulting from potentially dilutive securities approximated 1,200,000 and 1,000,000 at September 30, 2015 and March 31, 2015, respectively, and have not been included in the diluted weighted average shares outstanding, as their effects are anti-dilutive.
Subsequent Events Evaluation by Management	Subsequent Events Evaluation by Management Management has evaluated subsequent events for disclosure and/or recognition in the financial statements through the date that the financial statements were issued .

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Sep. 30, 2015
Property and Equipment [Abstract]
Components of Property and Equipment	Estimated September 30, March 31, useful life 2015 2015 Network sites and equipment 5 -10 years $ $ — Computer equipment 5 -7 years Furniture and fixture and other equipment 2 -5 years Leasehold improvements Shorter of the lease term or 5 years — Less accumulated depreciation Construction in process Property and equipment, net $ $

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Sep. 30, 2015
Intangible Assets [Abstract]
Schedule of Indefinite-Lived Intangible Assets	Wireless Licenses Balance at March 31, 2015 $ Acquisitions Exchanges Balance at September 30, 2015 $

Stock Purchases Rights, Stock22

Stock Purchases Rights, Stock Options and Warrants (Tables)	6 Months Ended
	Sep. 30, 2015
Stock Purchases Rights, Stock Options and Warrants [Abstract]
Summary of Stock Option Activity	Weighted Average Options Exercise Price Options outstanding at March 31, 2015 $ Granted Expirations Exercised Options outstanding at September 30, 2015 $
Schedule of Additional Information Regarding Stock Options Outstanding	Weighted Weighted Average Average Weighted Exercise Price Exercise Number Remaining Average Options of Shares Prices Outstanding Life in Years Exercise Price Exercisable Exercisable $ 13.25 - $ 20.00 $ $ 25.00 - 46.23 47.10 - 72.85 $ $
Summary of Warrant Activity	Weighted Average Warrants Exercise Price Warrants outstanding at March 31, 2015 $ Expired — — Warrants outstanding at September 30, 2015 $
Schedule of Additional Information Regarding Warrants Outstanding	Weighted Weighted Average Average Exercise Number Remaining Exercise Price Outstanding Life in Years Price $ 0.67 $

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Sep. 30, 2015
Commitments and Contingencies [Abstract]
Aggregate Rentals Under Non-cancelable Leases For Office And Plant Space	Period Ending March 31, 2016 (6 months) $ 2017 2018 2019 2020 After 2020 Total $

Nature of Operations (Narrative

Nature of Operations (Narrative) (Details) $ / shares in Units, $ in Millions	1 Months Ended
	May. 31, 2015USD ($)$ / sharesshares
Conversion of Stock [Line Items]
Sale of stock, Shares	1,725,000
Sale of stock price per share | $ / shares	$ 40
Net proceeds form sale of stock | $	$ 64.8
Over-Allotment [Member]
Conversion of Stock [Line Items]
Sale of stock, Shares	225,000

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Sep. 30, 2015	Mar. 31, 2015	Sep. 30, 2014
Summary of Significant Accounting Policies [Abstract]
Allowance for doubtful accounts	$ 300	$ 7,977
Renewal Period Of FCC Wireless Licenses	10 years
Deferred revenue			$ 7,500,000
Tax benefits attributed to share-based compensation expense	$ 0
Potentially dilutive securities outstanding but excluded from computation of earnings per share	1,200,000	1,000,000

Property and Equipment (Narrati

Property and Equipment (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Mar. 31, 2015
Property and Equipment [Abstract]
Depreciation	$ 76,549	$ 3,900	$ 123,358	$ 7,800
Depreciation classified as cost of revenue	50,000		83,000
Construction in progress	$ 7,428,032		$ 7,428,032		$ 6,227,192

Property and Equipment (Compone

Property and Equipment (Components of Property and Equipment) (Details) - USD ($)	6 Months Ended
	Sep. 30, 2015	Mar. 31, 2015
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 4,020,404	$ 1,010,457
Less accumulated depreciation	975,275	853,047
Property and equipment, net before construction work in progress	3,045,129	157,410
Construction in progress	7,428,032	6,227,192
Property and equipment, net	10,473,161	6,384,602
Network Sites and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,660,734
Network Sites and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	5 years
Network Sites and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	10 years
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,018,942	976,331
Computer Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	5 years
Computer Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	7 years
Furniture and Fixture and Other Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 208,464	$ 34,126
Furniture and Fixture and Other Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	2 years
Furniture and Fixture and Other Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	5 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	5 years
Property and equipment, gross	$ 132,264

Intangible Assets (Details)

Intangible Assets (Details)	6 Months Ended
	Sep. 30, 2015USD ($)
Indefinite-lived Intangible Assets [Line Items]
Balance	$ 100,298,444
Exchanges	(1,358,000)
Balance	100,082,430
Wireless Licenses [Member]
Indefinite-lived Intangible Assets [Line Items]
Balance	100,298,444
Acquisitions	1,141,986
Exchanges	(1,358,000)
Balance	$ 100,082,430

Accounts Payable - Officers (De

Accounts Payable - Officers (Details) - USD ($)	Sep. 30, 2015	Mar. 31, 2015
Accounts Payable - Officers [Abstract]
Accounts payable to officers	$ 42,285	$ 40,668

Income Taxes (Details)

Income Taxes (Details) $ in Millions	Mar. 31, 2015USD ($)
Income Taxes [Abstract]
Net operating loss carryforwards	$ 28.7
Deferred tax assets	$ 14.7

Stock Purchases Rights, Stock31

Stock Purchases Rights, Stock Options and Warrants (Narrative) (Details)		Sep. 15, 2014USD ($)$ / sharesshares	Sep. 30, 2015USD ($)shares	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)$ / sharesitemshares		Sep. 30, 2014USD ($)	May. 31, 2015$ / shares	Mar. 31, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vested and outstanding			1,592,667		1,592,667				1,425,451
Stock options issued to purchase common stock					170,250
Exercise price per share | $ / shares					$ 38.42
Stock options, contractual life					10 years
Number of equal stock option vesting installments | item					3
Expected life of awards					5 years
Expected volatility					40.00%
Expected dividend yield					0.00%
Expected forfeiture rate					2.00%
Stock compensation expense | $			$ 1,105,976	$ 1,180,824	$ 2,455,611	[1]	$ 3,276,600
Weighted average fair value for each stock option award granted | $ / shares					$ 14.27
Unrecognized compensation cost related to non-vested share options granted | $			6,600,000		$ 6,600,000
Weighted average period of recognition of unrecognized compensation cost					3 years
Intrinsic value of options outstanding | $			13,300,000		$ 13,300,000
Intrinsic value of options exercisable | $			$ 4,000,000		$ 4,000,000
Subsidiary equity units for which investor has right to convert to common stock			500,000		500,000
Warrants outstanding			6,039		6,039				6,039
Sale of stock, price per share | $ / shares								$ 40
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate					1.50%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate					1.69%
Common Class B Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion ratio					one
Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of units owned			100.00%		100.00%
PDV Spectrum Holding Company, LLC [Member] | Common Class B Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from investments, value | $		$ 10,000,000
Proceeds from investment, shares		500,000
Sale of stock, price per share | $ / shares		$ 20
Preferred Stock Series AA [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense | $	[1]
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense | $	[1]				$ 12
First Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting for stock granted to employees					25.00%
Second Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting for stock granted to employees					25.00%
Third Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting for stock granted to employees					25.00%
Fourth Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting for stock granted to employees					25.00%
2014 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vested and outstanding			54,479		54,479
Common stock authorized and reserved for issuance			1,823,651		1,823,651
Percentage of increase in number of shares of common stock issued and outstanding					5.00%
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
restricted stock unit awards			0		0
Restricted stock units outstanding			83,804		83,804
Stock compensation expense | $							$ 1,676,080
Stock compensation expense related shares issued, shares					0
[1]	includes restricted shares issued.

Stock Purchases Rights, Stock32

Stock Purchases Rights, Stock Options and Warrants (Summary of Stock Option Activity) (Details)	6 Months Ended
	Sep. 30, 2015$ / sharesshares
Stock Purchases Rights, Stock Options and Warrants [Abstract]
Options outstanding | shares	1,425,451
Options, Granted | shares	170,250
Options, Expirations | shares	(15)
Options, Exercised | shares	(3,019)
Options outstanding | shares	1,592,667
Weighted Average Exercise Price	$ 20.73
Weighted Average Exercise Price, Granted	38.42
Weighted Average Exercise Price, Expirations	72.85
Weighted Average Exercise Price, Exercised	13.25
Weighted Average Exercise Price	$ 22.75

Stock Purchases Rights, Stock33

Stock Purchases Rights, Stock Options and Warrants (Schedule of Additional Information Regarding Stock Options Outstanding) (Details)	6 Months Ended
	Sep. 30, 2015$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding | shares	1,592,667
Weighted Average Remaining Life in Years	8 years 9 months 4 days
Weighted Average Exercise Prices	$ 22.75
Options Exercisable | shares	440,956
Weighted Average Exercise Price of Shares Exercisable	$ 21.01
$13.25 - $20.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Price, Minimum	13.25
Exercise Price, Maximum	$ 20
Number Outstanding | shares	1,171,030
Weighted Average Remaining Life in Years	8 years 6 months 18 days
Weighted Average Exercise Prices	$ 19.74
Options Exercisable | shares	333,569
Weighted Average Exercise Price of Shares Exercisable	$ 19.10
$25.00 - $46.23 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Price, Minimum	25
Exercise Price, Maximum	$ 46.23
Number Outstanding | shares	324,000
Weighted Average Remaining Life in Years	9 years 5 months 16 days
Weighted Average Exercise Prices	$ 25.91
Options Exercisable | shares	100,000
Weighted Average Exercise Price of Shares Exercisable	$ 25
$47.10 - $72.85 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Price, Minimum	47.10
Exercise Price, Maximum	$ 72.85
Number Outstanding | shares	97,637
Weighted Average Remaining Life in Years	8 years 11 months 16 days
Weighted Average Exercise Prices	$ 48.36
Options Exercisable | shares	7,387
Weighted Average Exercise Price of Shares Exercisable	$ 52.98

Stock Purchases Rights, Stock34

Stock Purchases Rights, Stock Options and Warrants (Summary of Warrant Activity) (Details)	Sep. 30, 2015$ / sharesshares
Stock Purchases Rights, Stock Options and Warrants [Abstract]
Warrants outstanding | shares	6,039
Warrants outstanding | shares	6,039
Weighted Average Exercise Price	$ 82.79
Weighted Average Exercise Price	$ 82.79

Stock Purchases Rights, Stock35

Stock Purchases Rights, Stock Options and Warrants (Schedule of Additional Information Regarding Warrants Outstanding) (Details) - $ / shares	6 Months Ended
	Sep. 30, 2015	Mar. 31, 2015
Stock Purchases Rights, Stock Options and Warrants [Abstract]
Warrants, Exercise Price	$ 82.79
Warrants, Number Outstanding	6,039	6,039
Warrants, Weighted Average Remaining Life in Years	8 months 1 day
Weighted Average Exercise Price	$ 82.79

Supplemental Disclosure of Ca36

Supplemental Disclosure of Cash Flow Information (Details)	6 Months Ended
	Sep. 30, 2015USD ($)shares
Supplemental Disclosure of Cash Flow Information [Abstract]
Taxes paid	$ 800
Exchanges	$ 1,358,000
Business acquisition, common stock shares issued | shares	500,000
Business acquisition, value of common stock shares issued	$ 10,000,000
Repayment of working capital line	$ 1,300,000
Common stock issued in exchange of debt repayment | shares	65,000
Principal amount of redeemable notes converted	$ 1,016,956
Accrued interest of redeemable notes converted	537,924
Repayment of accounts payable liability	$ 77,733

Commitments and Contingencies37

Commitments and Contingencies (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Commitments And Contingencies [Line Items]
Decrease (Increase) in rental expense as effect of straight line basis	$ 45,000	$ (4,300)	$ 104,000	$ (8,500)
Accumulated deferred rent payable	203,000		203,000
Office Space [Member]
Commitments And Contingencies [Line Items]
Lease rent expense	125,950		222,352
Office Space [Member] | Cost of Revenue [Member]
Commitments And Contingencies [Line Items]
Lease rent expense	36,837		60,346
Office Space [Member] | Operating Expense [Member]
Commitments And Contingencies [Line Items]
Lease rent expense	$ 89,562	$ 32,333	$ 162,006	$ 61,927
Office Space [Member] | Lease Agreements One [Member]
Commitments And Contingencies [Line Items]
Lease expiration date			Jan. 7, 2019
Office Space [Member] | Lease Agreements Two [Member]
Commitments And Contingencies [Line Items]
Lease expiration date			Jun. 30, 2019
Office Space [Member] | Lease Agreements Three [Member]
Commitments And Contingencies [Line Items]
Lease expiration date			May 31, 2020
Tower Space [Member]
Commitments And Contingencies [Line Items]
Lease expiration, start			Feb. 28, 2020

Commitments and Contingencies38

Commitments and Contingencies (Aggregate Rentals under Non-cancelable Leases for Office and Plant Space) (Details)	Sep. 30, 2015USD ($)
Commitments and Contingencies [Abstract]
2016 (9 months)	$ 341,843
2,017	669,410
2,018	701,954
2,019	1,165,387
2,020	1,181,512
After 2,020	4,070,650
Total	$ 8,130,756

Business Concentrations (Detail

Business Concentrations (Details) - item	3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Mar. 31, 2015
Sales Revenue, Services, Net [Member]
Concentration Risk [Line Items]
Number of carriers	2	2	2	2
Sales Revenue, Services, Net [Member] | Carriers One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	43.00%	52.00%	43.00%	52.00%
Sales Revenue, Services, Net [Member] | Carriers Two [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	22.00%	26.00%	22.00%	26.00%
Accounts Receivable [Member]
Concentration Risk [Line Items]
Number of carriers			2		2
Accounts Receivable [Member] | Carriers One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			67.00%		69.00%
Accounts Receivable [Member] | Carriers Two [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			20.00%		22.00%

Subsequent Events (Details)

Subsequent Events (Details) - Wireless Licenses [Member] - Subsequent Event [Member]	Oct. 31, 2015USD ($)
Subsequent Event [Line Items]
Wireless licenses consideration for acquisition	$ 1,500,000
Wireless licenses consideration for acquisition, Cash	200,000
Wireless licenses consideration for acquisition, Promissory Note	$ 1,300,000