View Filing Data

Document and Entity Information	9 Months Ended
Document and Entity Information	Dec. 31, 2014
Document And Entity Information [Abstract]
Document Type	S-1/A
Amendment Flag	false
Document Period End Date	Dec. 31, 2014
Trading Symbol	PDVW
Entity Registrant Name	Pacific DataVision, Inc.
Entity Central Index Key	0001304492
Entity Filer Category	Non-accelerated Filer

Balance Sheets - USD ($)	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Current assets
Cash	$ 122,729,111	$ 45,679	$ 194,938
Accounts receivable	424,883	369,408	289,003
Prepaid expenses	663,521	22,046	21,481
Total current assets	123,817,515	437,133	505,422
Furniture, fixture and equipment, net	1,723,764	99,548	82,615
Intangible Assets	100,298,444
Capitalized patent costs, net	236,206	259,627	267,001
Other assets	16,583	6,883	7,124
Total Assets	226,092,512	803,191	862,162
Current liabilities
Accounts payable and accrued expenses	2,660,889	254,981	261,637
Accounts payable - officers	17,506	117,961	101,691
Deferred Revenue	719,986
Total current liabilities	3,398,381	372,942	363,328
Noncurrent Liabilities
Deferred Revenue	6,576,222
Accrued interest expense - affiliated entities		870,247	544,899
Deferred Compensation		361,610	337,270
Notes payable - affiliated entities		3,405,808	2,700,317
Total Liabilities	9,974,603	5,010,607	3,945,814
Stockholders' Equity/(Deficiency)
Preferred stock		20,525,999	20,516,999
Common stock	1,247	12
Additional paid-in capital	252,192,288	2,209,584
Accumulated deficit	(36,075,626)	(26,943,011)	(25,731,190)
Total Stockholders' Equity/(Deficiency)	216,117,909	(4,207,416)	(3,083,652)
Total Liabilities & Stockholders' Equity/(Deficiency)	$ 226,092,512	803,191	862,162
Originally reported [Member]
Stockholders' Equity/(Deficiency)
Common stock		1,182,962	1,182,962
Additional paid-in capital		1,026,634	$ 947,577
Total Stockholders' Equity/(Deficiency)		$ (4,207,416)

Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 37,248	$ 12,619
Preferred Stock, no par value		$ 0	$ 0
Preferred Stock, par value	$ 0.0001
Preferred Stock, non-cumulative dividend		8.00%
Preferred Stock, shares authorized	10,000,000	40,000,000	40,000,000
Preferred Stock, shares issued		748,722	748,043
Preferred Stock, shares outstanding	0	748,722	748,043
Common Stock, no par value		$ 0	$ 0
Common Stock, par value	$ 0.0001
Common Stock, shares authorized	100,000,000	85,000,000	85,000,000
Common Stock, shares issued	12,473,024	126,759	126,759
Common Stock, shares outstanding	12,473,024	126,759	126,759

Statements of Operations - USD ($)

3 Months Ended

9 Months Ended

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Operating Revenues

Service Revenue

$ 653,437

$ 929,515

$ 2,143,707

$ 2,631,174

$ 3,539,595

$ 2,760,095

Spectrum Lease Revenue

182,186

212,551

Total Operating Revenue

835,623

929,515

2,356,258

2,631,174

Cost of Revenue

Service

283,043

294,942

790,687

823,347

1,124,121

825,834

Gross Profit

552,580

634,573

1,565,571

1,807,827

2,415,474

1,934,261

Operating Expenses

General and administrative

3,336,996

234,312

8,230,664

671,176

846,579

850,756

Sales and Support

478,246

346,560

1,167,609

1,063,546

1,382,024

1,247,505

Product development

242,823

223,230

679,577

697,458

934,818

715,918

Stock compensation expense

1,404,202

19,764

4,680,802

59,292

79,057

82,438

Depreciation and amortization

25,306

15,118

54,526

45,352

59,469

52,726

Total Operating Expenses

4,083,371

819,220

10,132,376

2,477,532

3,301,947

2,949,343

Loss from Operations

(3,530,791)

(184,647)

(8,566,805)

(669,705)

(886,473)

(1,015,082)

Other income

Interest expense - affiliated entities

(86,103)

(570,737)

(236,831)

(325,348)

(224,836)

Interest income

4,927

Net Loss

$ (3,525,864)

$ (270,750)

$ (9,132,615)

$ (906,536)

$ (1,211,821)

$ (1,239,918)

Net loss per common share basic and diluted

$ (0.28)

^[1]

$ (2.14)

^[1]

$ (1.00)

^[1]

$ (7.15)

^[1]

$ (9.56)

$ (9.78)

Weighted-average common shares used to compute basic and diluted net loss per share

12,473,024

^[1]

126,759

^[1],[2]

9,103,629

^[1],[2]

126,759

^[1],[2]

126,759

[1]	Three and nine months ended December 31, 2013 and nine months ended December 31, 2014 corrected.
[2]	Since the numerator used to calculate diluted net loss per common share was a net loss for the period presented, the dilutive effects of stock options, warrants and redeemable convertible preferred stock were not included since the effect was anti-dilutive

Statement of Stockholders' Equity/(Deficiency) - USD ($)

Total

Common Stock [Member]

Preferred Stock Series AA [Member]

Additional Paid-in Capital [Member]

Accumulated Deficit [Member]

Balance at Mar. 31, 2012

$ (1,933,672)

$ 1,182,962

$ 20,509,499

$ 865,139

$ (24,491,272)

Balance, Shares at Mar. 31, 2012

126,759

^[1]

747,477

^[2]

Issuance of stock, net of closing costs

7,500

$ 7,500

Issuance of stock, net of closing costs, Shares

^[2]

566

Share-based compensation expense

82,438

Net loss

(1,239,918)

Balance at Mar. 31, 2013

(3,083,652)

$ 1,182,962

$ 20,516,999

947,577

(25,731,190)

Balance, Shares at Mar. 31, 2013

126,759

^[1]

748,043

^[2]

Issuance of stock, net of closing costs

9,000

$ 9,000

Issuance of stock, net of closing costs, Shares

^[2]

679

Share-based compensation expense

79,057

Net loss

(1,211,821)

Balance (Originally reported [Member]) at Mar. 31, 2014

(4,207,416)

$ 1,182,962

$ 20,525,999

1,026,634

(26,943,011)

Balance at Mar. 31, 2014

$ (4,207,416)

$ 12

$ 20,525,999

2,209,584

(26,943,011)

Balance, Shares (Originally reported [Member]) at Mar. 31, 2014

4,199,094

24,794,963

Balance, Shares at Mar. 31, 2014

126,759

^[1]

748,722

^[2]

Effects of reverse stock split

$ (1,182,950)

1,182,950

Effects of reverse stock split, Shares

(4,072,335)

(24,046,241)

Conversion of Preferred Stock Series AA to Common Shares

$ 75

$ (20,525,999)

20,525,924

Conversion of Preferred Stock Series AA to Common Shares, Shares

748,722

(748,722)

Effects of exchange of 661,581 warrants to common shares

$ 3

(3)

Effects of exchange of 661,581 warrants to common shares, Shares

29,809

Effects of exchange of Convertible notes to common shares

$ 1,554,680

$ 8

1,554,672

Effects of exchange of Convertible Notes to common shares, Shares

77,734

Effects of exchange of Notes Payable to common shares

1,300,000

$ 6

1,299,994

Effects of exchange of Notes Payable to common shares, Shares

65,000

Common shares issued for Intangible Asset

10,000,000

$ 50

9,999,950

Common shares issued for Intangible Asset, Shares

500,000

Motorola Investment

10,000,000

Issuance of stock, net of closing costs

201,922,458

$ 1,093

201,921,365

Issuance of stock, net of closing costs, Shares

10,925,000

Share-based compensation expense

4,680,802

Net loss

(9,132,615)

Balance at Dec. 31, 2014

$ 216,117,909

$ 1,247

$ 252,192,288

$ (36,075,626)

Balance, Shares at Dec. 31, 2014

12,473,024

[1]

85,000,000 shares authorized, no par value per share.

[2]

Series AA Preferred Stock has 40,000,000 shares authorized with no par value, an 8% non-cumulative dividend and has first priority on liquidation preference over the common stock. The Preferred Stock is convertible into Common Stock on a one for one basis at the option of the holder, or at the option of the company under certain conditions, as defined. At March 31, 2014, the preferred stock is convertible into approximately 749,000 shares of common stock (see note 12).

Statement of Stockholders' Equity/(Deficiency) (Parenthetical)	Mar. 31, 2014 $ / shares shares
Statement of Stockholders' Equity [Abstract]
Common Stock, shares authorized	85,000,000
Common Stock, no par value \| $ / shares	$ 0
Preferred Stock, shares authorized	40,000,000
Preferred Stock, no par value \| $ / shares	$ 0
Preferred Stock, non-cumulative dividend	8.00%
Conversion of preferred stock in to common stock	749,000

Statements of Cash Flows - USD ($)	9 Months Ended		12 Months Ended
Statements of Cash Flows - USD ($)	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (9,132,615)	$ (906,536)	$ (1,211,821)	$ (1,239,918)
Adjustments to reconcile net loss to net cash provided (used) by operating activities
Depreciation and amortization	54,526	45,352	59,469	52,726
Non-cash compensation expense attributable to stock awards	4,680,802	59,292	79,057	82,438
Changes in operating assets and liabilities
Accounts receivable	(55,475)	(170,235)	(80,405)	(39,927)
Prepaid expenses and other assets	(651,176)	(12,192)	(324)	(1,076)
Accounts payable and accrued expenses	2,405,908	14,299	2,344	88,948
Accounts payable - officers	(100,455)	15,620	16,270	10,498
Accrued interest expense	(332,524)	236,922	325,348	224,836
Deferred compensation	(361,610)	18,255	24,340	81,302
Deferred revenue	7,296,208
Net Cash flows provided (used) by Operating Activities	3,803,589	(699,223)	(785,722)	(740,173)
CASH FLOWS FROM INVESTING ACTIVITIES
Payment of deposit	(13,500,000)
Purchases of intangible assets	(76,798,444)
Purchases of equipment	(1,646,611)	(31,403)	(33,572)	(16,923)
Payments for patent costs	(8,709)	(28,905)	(35,456)	(53,567)
Net Cash used by Investing Activities	(91,953,764)	(60,308)	(69,028)	(70,490)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable	45,000	593,401	705,491	976,466
Net proceeds from Section 144A Offering	201,922,458
Payment of Notes Payable	(1,133,851)
Proceeds from Motorola Investment	10,000,000
Net Cash provided from Financing Activities	210,833,607	593,401
Net Change in Cash	122,683,432	(166,130)	(149,259)	165,803
CASH
Beginning of the period	45,679	194,938	194,938	29,135
End of the period	122,729,111	28,808	45,679	194,938
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Taxes paid	$ 0	$ 0	3,710	3,564
Non-cash financing activities
Accounts payable settled with preferred stock			$ 9,000	$ 7,500

Nature of Operations

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Accounting Policies [Abstract]

Nature of Operations

1.	Nature of Operations

The company was originally incorporated in California in 1997, and reincorporated in Delaware in 2014. The company is engaged in the development and sale of wireless communications applications, including at times the sale and installation of equipment used to run these applications. The company’s applications are primarily marketed to the end users of the wireless communications carriers under licensing agreements with the company. The company also sells certain applications directly to end users. The company maintains offices in Woodland Park, New Jersey, Reston, Virginia and San Diego, California.

The company has acquired nationwide licenses to spectrum in the 900MHz band and operating equipment from Sprint Corporation pursuant to the Sprint APA (as defined below) (the “Spectrum Assets”) and is developing a dedicated dispatch network to offer push to talk (“PTT”) service in major markets throughout the United States.

On September 15, 2014, the company completed an acquisition from Sprint Corporation of (i) FCC licenses sufficient to operate a nationwide dispatch network in the 900 MHz band and (ii) certain 900 MHz equipment. The company is now focused on deploying a dedicated, wide-area, two-way radio network. Over time, the company intends to deploy the network in 20 major metropolitan areas throughout the United States, with the first markets to be located in the South and Northeast regions, with additional markets to be located in the Midwest, Southwest and West Coast regions, and to focus on serving dispatch-centric, small and medium-sized businesses. For this targeted set of customers, the company intends to offer its DispatchPlus communication solution. DispatchPlus will combine Motorola Solutions Inc.’s and its subsidiaries’ (collectively, “Motorola”) state-of-the-art digital radio technology with pdvConnect. Built with the commercial dispatch user in mind, the Motorola Digital Technology architecture will allow the company to provide a highly reliable, instant and wide-area PTT communication solution. Also developed 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 has historically funded operations through the issuance of debt and equity instruments. The company had access to a line of credit of up to $3.0 million with a related party (see Note 6) which it subsequently repaid and terminated in September 2014.

During the nine months ended December 31, 2014, the Company:

Entered into an Asset Purchase Agreement with certain wholly-owned subsidiaries of Sprint Corporation (the “Sprint APA”) to purchase the nationwide Spectrum Assets for a total of $100.0 million, with $90.0 million paid in cash from the proceeds of the private placement the company completed in June 2014 (the “June 2014 Private Placement”) (see below) and $10.0 million paid in 500,000 shares of common stock (at a price equal to $20.00 per share).

Completed the June 2014 Private Placement, on June 10, 2014, in which the company sold 10,925,000 shares of common stock at a purchase price of $20.00 per share. The net proceeds from the June 2014 Private Placement after deducting expenses including professional fees and the payment of initial placement fees, were approximately $202 million. Approximately 96% of the net proceeds, or approximately $196 million (net of any initial purchaser’s /placement agent’s discount and placement fees), were held in trust until the closing of the Sprint APA. In September 2014, a portion of the proceeds from the sale of common stock was used to:

•

Pay the outstanding working capital line for $1,470,000 and $351,073 in accrued interest with 65,000 shares of common stock and $521,073 in cash;

•

Pay the promissory note of $540,000 and $272,842 in accrued interest in cash;

•

Pay the outstanding Series AA convertible promissory notes owed to certain employees for $423,852 and $283,856 in accrued interest in cash;

•

Pay $367,695 owed to certain employees for deferred compensation in cash; and

•

Convert the Redeemable Notes (as defined in Note 6 below) of $1,016,956 into 77,734 shares of common stock based on 140% of the outstanding principal and accrued interest.

Closed agreements with Motorola on September 15, 2014, under which 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) and leased some of the Spectrum Assets for a prepaid price of $7.5 million.

Issued 1,146,457 stock options to purchase the company’s common stock and 83,804 restricted units of the company’s common stock.

In connection with the June 2014 Private Placement, the company completed a number of actions, including:

•

The reincorporation of the company from California to Delaware;

•

The conversion of all outstanding shares of the company’s Series AA Preferred Stock into 748,722 shares of the company’s common stock, the exchange of 661,581 outstanding warrants to purchase shares of Series AA Preferred Stock into 29,809 shares of common stock, and the conversion of the remaining options and warrants to purchase shares of the company’s Series AA Preferred Stock into options or warrants to purchase shares of common stock and the conversion of restricted stock units for shares of its Series AA Preferred Stock into restricted stock units for shares of common stock;

•

The amendment of outstanding Redeemable Notes, in the aggregate principal of $1,016,956, to provide that the Redeemable Notes would automatically be converted at the closing of the Sprint APA into that number of shares of common stock equal to the sum of 140% of the principal plus the outstanding interest on such Redeemable Notes through the conversion divided by $20.00 per share;

•

A 33.11451201-for-1 reverse stock split of all outstanding common stock, which was effected immediately prior to the completion of the June 2014 Private Placement. All share and per share data reported and disclosed in the accompanying financial statements have been retroactively adjusted to give effect to the reverse stock split.

•

Entered into an agreement with Motorola on May 12, 2014, under which Motorola agreed to provide the company with their digital radio technology and handsets that it intends to deploy as part of the nationwide network.

•

An increase in the authorized shares of common stock to 100,000,000 shares and preferred stock to 10,000,000 shares, and a change in the par value of the company’s common stock from no par value to $0.0001 per share. The preferred stock has first priority on liquidation preference over the common stock.

Nature of Operations

The company was incorporated in California in 1997. The company is engaged in the development and sale of wireless communications applications, including at times the sale and installation of equipment used to run these applications. The company’s applications are primarily marketed by wireless communications carriers to their subscribers under licensing agreements with the company. The company also sells certain applications direct to end-users. The company maintains offices in Woodland Park, New Jersey and San Diego, California.

As shown in the accompanying financial statements, the company has incurred losses of approximately $1.2 million in each of fiscal years 2014 and 2013 and has a stockholders’ deficiency of approximately $4.2 million at March 31, 2014. In addition, the company has historically funded operations through the issuance of debt and equity instruments. The company has access to a line of credit of up to $3.0 million with a related party (see note 6). As of March 31, 2014, such line of credit has $1.575 million available for use by the company. In addition, the company has recently raised funds through the sale of additional common stock (see note 12). A portion of the proceeds from the sale of common stock are expected to be used to satisfy the company’s noncurrent liabilities.

Summary of Significant Accounting Policies

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2.	Summary of Significant Accounting Policies

Basis of Presentation and Use of Estimates

The accompanying interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), which requires 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. Accordingly actual results could differ from those estimates.

The accompanying financial statements as of December 31, 2014 and for the three and nine month periods ended December 31, 2014 and 2013 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.

In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended December 31, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2015. The unaudited financial statements should be read in conjunction with the audited financial statements as of and for the year ended March 31, 2014 and footnotes thereto included in the company’s final prospectus dated and filed with the SEC on January 26, 2015, as supplemented by the prospectus supplement filed February 2, 2015 and the prospectus supplement filed April 27, 2015 with the SEC.

The balance sheet as of March 31, 2014 contained herein has been derived from the audited financial statements as of March 31, 2014 and the stockholders’ (deficiency) equity section has been retroactively restated for the stock split discussed in Note 1.

Correction of Basic and Diluted Net Loss Per Common Share

The company has determined that corrections are required to its previously reported basic and diluted net loss per common share for the three and nine month periods ended December 31, 2013 and the nine month period ended December 31, 2014 due to an error in the computation of the weighted average shares of common stock outstanding for these periods. Basic and diluted net loss per common share is calculated by dividing net loss for the period by the basic and diluted weighted average number of common shares outstanding during that period. Specifically, in the periods reflected below, in calculating the weighted average shares of common stock outstanding, management incorrectly considered the effect of two corporate actions the company completed in connection with its June 2014 Private Placement, including: (i) the conversion of all outstanding shares of preferred stock into common stock and (ii) the exchange of outstanding warrants to purchase preferred stock for shares of common stock (the “Corporate Actions”), as if such events occurred at the beginning of each of these reporting periods, instead of only considering the effect of these Corporate Actions after their effective date in June 2014.

A summary of the impact of the correction of the errors on the net loss per common share, basic and diluted, is as follows:


	Three Months Ended December 31, 2013			Nine Months Ended December 31, 2013			Nine Months Ended December 31, 2014
Net loss per common share, basic and diluted—originally reported	$	(0.30	)	$	(1.00	)	$	(0.98	)
Difference in net loss per common share, basic and diluted		(1.84	)		(6.15	)		(0.02	)
Net loss per common share, basic and diluted—corrected	$	(2.14	)	$	(7.15	)	$	(1.00	)


Reconciliation of net loss per common share, basic and diluted	Three Months Ended December 31, 2013			Nine Months Ended December 31, 2013			Nine Months Ended December 31, 2014
Numerator
Net loss	$	(270,750	)	$	(906,536	)	$	(9,132,615	)
Denominator
Weighted average shares, basic and diluted—originally reported:		904,611			904,611			9,301,800
Redeemable convertible preferred stock and warrants (incorrectly included)		(777,852	)		(777,852	)		(198,171	)

Weight average shares, basic and diluted—corrected (1)		126,759			126,759			9,103,629

Net loss per share, basic and diluted—corrected	$	(2.14	)	$	(7.15	)	$	(1.00	)

(1)	Since the numerator used to calculate diluted net loss per common share was a net loss for the period presented, the dilutive effects of stock options, warrants and redeemable convertible preferred stock were not included since the effect was anti-dilutive

The corrections have no impact on the company’s net loss reported in the statements of operations, balance sheets, or the statements of cash flows for the above mentioned periods.

Furniture, Fixture and Equipment

Furniture, fixture 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 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 furniture, fixture and equipment when substantially all of the activities necessary to prepare the assets for their intended use are completed. Depreciation commences upon capitalization.

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 (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.

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. Accumulated amortization amounted to $335,435 at December 31, 2014 and $303,305 at March 31, 2014, respectively. Amortization expense was $10,710 and $11,250 for the three months ended December 31, 2014 and 2013, respectively. For the nine months ended December 31, 2014 and 2013, amortization expense was $32,130 and $33,750, respectively. The amortization expense is estimated to aggregate $40,000 per year over the next five year period.

Allowance for Uncollectible Receivables

An allowance for uncollectible receivables is estimated based on a combination of write-off history, aging analysis and any specific known troubled accounts. At December 31, 2014 and March 31, 2014, management provided an allowance of $37,248 and $12,619, respectively, for certain slow paying accounts.

Revenue Recognition

The company recognizes revenue in the period in which the services are provided and when collectability of the revenue is reasonably assured. 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 domestic carrier partners. As a result, revenue is recorded at the gross amount billed to end-user customers for sales to the domestic carrier partners. The company recognizes revenue for its international carrier on the net amount billed since it has determined that it is not the primary obligor. During the first quarter of fiscal 2016, the agreement with the international carrier will end and, except for any payments due to the company, neither party has any further obligations under the agreement. The company also sells certain applications directly to end-users through its direct sales force, which are billed and collected directly by the company. In September 2014, Motorola made an upfront, fully-paid leasing fee of $7.5 million in order to lease a portion of the FCC licenses. The payment of the fee was accounted for as Deferred Revenue as of December 31, 2014. 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.

Cost of Revenue

The company’s cost of revenue 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 and special equipment expenses, sales, marketing, billing and other ancillary services. The company also includes the costs associated with the operation of its cloud-based solutions and dispatch network.

Product Development Costs

The company charges all product and development costs to expense as incurred. Types of expense incurred in product and development include employee compensation, consulting, travel, facility costs and equipment and technology costs.

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.

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 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 a full valuation allowance was maintained for all net deferred tax assets.

Income Taxes

The company follows the liability method of accounting for income taxes. Under this method, taxes consist of taxes currently payable plus those deferred due to temporary differences between the financial statement carrying amounts and the tax bases of certain assets and liabilities using tax rates expected to be in effect when the temporary differences reverse. A valuation allowance is provided when it is more likely than not that some portion or the entire deferred tax asset will not be realized.

Accounting for Uncertainty in Income Taxes

The company recognizes the effect of tax positions only when they are more likely than not to be sustained. Management has determined that the company 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.

Long-Lived Asset Impairment

The company evaluates long-lived assets 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.

Fair Value of Financial Instruments

Financial instruments, including cash, accounts receivable, accounts payable, accrued expenses and notes payable – affiliated entities are carried at cost, which management believes approximates fair value because of the short term maturity of these instruments.

Recently Issued Accounting Pronouncements

In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09 Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This guidance is effective for interim and annual periods beginning on or after December 15, 2016. The company is currently evaluating the impact of the adoption of this accounting standard update on its 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 nine months ended December 31, 2014 and 2013, 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 1,800,000 and 1,600,000 at December 31, 2014 and 2013, respectively, and have not been included in the dilutive 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.

Summary of Significant Accounting Policies

Basis of Presentation and Use of Estimates

The accompanying financial statements have been prepared in accordance with US GAAP, which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the 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. Accordingly, actual results could differ from those estimates.

Furniture, Fixture and Equipment

Furniture, fixture and equipment is stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets.

Patent Costs

Allowance for Uncollectible Receivables

An allowance for uncollectible receivables is estimated based on a combination of write-off history, aging analysis and any specific known troubled accounts. At March 31, 2014, management provided an allowance of $12,619 for certain slow paying accounts.

Revenue Recognition

The company has historically presented revenue from its international operations on a gross basis. However, during the preparation of the company’s interim financial statements for the nine months ended December 31, 2014, management determined that it would be more appropriate to present such revenue on a net basis. Below is summary of the revenue and gross profit from the Company’s operations:


	As originally presented				As restated
	Year ended March 31,				Year ended March 31,
	2013		2014		2013		2014
Revenue	$	3,426,966	$	4,001,117	$	2,760,095	$	3,539,595
Cost of Revenue		1,492,705		1,585,643		825,834		1,124,121

Gross Profit	$	1,934,261	$	2,415,474	$	1,934,261	$	2,415,474

The decision to present revenue from international operations on a net basis did not have an effect on the Company’s assets, liabilities, stockholders’ equity, gross profit, net income (loss) or cash flows.

Cost of Revenue

The company’s cost of revenue includes the portion of service revenue charged by its domestic carrier partners to the company pursuant to its agreements with these parties, which may include network services, connectivity, SMS service and special equipment expenses, sales, marketing, billing and other ancillary services. The company also includes the costs associated with the operation of its cloud-based solutions.

Product Development Costs

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, which requires companies to estimate 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.

To calculate option-based compensation, the company used a 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 a full valuation allowance was maintained for all net deferred tax assets.

Income Taxes

Accounting for Uncertainty in Income Taxes

Fair Value of Financial Instruments

Recently Issued Accounting Pronouncements

In May 2014, the FASB issued ASU No. 2014-09 Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This guidance is effective for interim and annual periods beginning on or after December 15, 2016. The company is currently evaluating the impact of the adoption of this accounting standard update on its 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 years ended March 31, 2013 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 1,630,000 and 1,589,000 at March 31, 2014 and 2013, respectively, and have not been included in the dilutive 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. (See note 12)

Furniture, Fixture and Equipment

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Furniture, Fixture and Equipment

3.	Furniture, Fixture and Equipment

Furniture, fixture and equipment consist of the following at December 31, 2014 and March 31, 2014:


	Estimated useful life		December 31, 2014		March 31, 2014
Computer equipment		5-7 years	$	784,998	$	725,984
Furniture and fixture		5 years		188,146		183,725

				973,144		909,709
Less accumulated depreciation				813,911		810,161

				159,233		99,548
Construction in process				1,564,531		—

Furniture, fixture and equipment, net			$	1,723,764	$	99,548

Construction in process are the expenditures related to the costs to establish the company’s dedicated network in certain metropolitan areas. These expenses are estimated to range from $30 and $50 million over the next 24 months.

Furniture, Fixture and Equipment

Furniture, fixture and equipment consist of the following at March 31:


	Estimated useful life		2013		2014
Computer equipment		5-7 years	$	696,696	$	725,984
Furniture and fixture		5 years		179,441		183,725

				876,137		909,709
Less accumulated depreciation				793,522		810,161

			$	82,615	$	99,548

Accounts Payable

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Payables and Accruals [Abstract]

Accounts Payable

4.	Accounts Payable

Accounts payable-officers represents unreimbursed expenses including travel and entertainment expense incurred by the company’s officers. At December 31, 2014 and March 31, 2014, the accounts payable to officers amounted to $17,506 and $117,961, respectively.

Accounts Payable

Accounts payable-officers represents unreimbursed expenses including travel and entertainment expense incurred by the company’s officers. At March 31, 2014 and 2013, the accounts payable to officers amounted to $117,961 and $101,691, respectively.

Deferred Compensation Plan

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Deferred Compensation Plan

5.	Deferred Compensation Plan

The company had a non-qualified deferred compensation plan created by the management to defer part of their compensation. In September 2014, the company paid the balance of $367,695 and the plan was discontinued.

Deferred Compensation Plan

The company has a non-qualified deferred compensation plan created by the management to defer part of their compensation. At March 31, 2014 and 2013, the outstanding balance of this deferred compensation plan was $361,610 and $337,270, respectively, which is payable out of available funds held by the company.

Notes Payable - Affiliated Entities

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Debt Disclosure [Abstract]

Notes Payable - Affiliated Entities

6.	Notes Payable – Affiliated Entities

The company had a $3,000,000 working capital line of credit with a related party which earned interest at 10% per annum. In September 2014, the company repaid the outstanding note balance of $1,470,000.

The company had a promissory note to a related party in the amount of $540,000 that earned interest at 10% per annum. In September 2014, the company repaid $540,000 which was the outstanding amount of the note.

The company had outstanding Series AA convertible promissory notes issued to certain employees. The notes earned interest of 10% per annum. In September 2014, the company repaid $423,852 representing the outstanding amount of these notes together with $283,856 in accrued interest.

The company issued redeemable convertible promissory notes (the “Redeemable Notes”) with contingently issuable detachable warrants in the amount of $475,491 and $541,465 during the fiscal years ended March 31, 2014 and 2013, respectively. The notes earned interest at 10% per annum. In connection with the June 2014 Private Placement (see Note 1), the Redeemable Notes were amended to provide that the Redeemable Notes would automatically be converted into that number of shares of common stock equal to the sum of 140% of the outstanding principal on the Redeemable Notes plus outstanding interest divided by $20.00 per share upon the closing of the Sprint APA. The company accreted approximately $400,000 representing the 40% premium to the principal balance from the amendment date through the closing of the Sprint APA.

In September 2014, the company converted the $1,016,956 outstanding principal and $238,856 interest on the Redeemable Notes into 77,734 shares of common stock.

For the nine months ended December 31, 2014 and 2013, total interest expense on all notes payable was $570,737 and $236,831, respectively, of which $477,325 and $225,662 were derived from related parties. All previously accrued interest expense was paid in September 2014.

Notes Payable – Affiliated Entities

The company has a $3 million working capital line of credit with a related party of which $1,425,000 has been drawdown as of March 31, 2014 ($1,195,000 at March 31, 2013). The line of credit expires on June 30, 2015 and all borrowings bear interest at 10% per annum. Commencing not later than September 30, 2015, the company shall repay to the Lender $50,000 per quarter of principal plus interest earned for the quarter then ended until the entire principal shall have been repaid.

The company has a promissory note to a related party in the amount of $540,000. The borrowing bears interest at 10% per annum. At June 30, 2015, the entire balance of principal and accrued interest shall be due and payable on the demand of the holder.

The company has outstanding Series AA Convertible promissory notes to certain employees. The notes bear interest of 10% per annum. Upon the election of the holder, principal and accrued interest due may convert into shares of the company’s Series AA Preferred Stock. The number of shares of Series AA Preferred Stock shall be equal to the quotient obtained by dividing the entire outstanding principal amount and accrued interest by $13.25. The outstanding balance of these convertible promissory notes was $423,852 at March 31, 2014 and 2013. The notes mature on June 30, 2015. In the event that the notes have not converted into the company’s equity and the company achieves EBITDA in an amount equal to or greater than $5,000 for any quarter, within 30 days following such quarter, the company agrees to use up to 20% of the EBITDA amount to pay the outstanding and unpaid principal and accrued interest to the note holders.

The company issued redeemable convertible promissory notes (the “Redeemable Notes”) with contingently issuable detachable warrants in the amount of $475,491 and $541,465 during 2014 and 2013. The notes bear interest at 10% per annum. The principal amount plus any accrued interest is payable on June 30, 2015. In connection with a private placement (see Note 12), the Redeemable Notes were amended in May 2014 to provide that the Redeemable Notes will automatically be converted into that number of shares of our common stock equal to the sum of 140% of the outstanding principal on the Redeemable Notes plus outstanding interest divided by $20.00 per share upon the closing of the Sprint APA (See Note 12). If the company does not successfully complete the Sprint APA, the outstanding principal and interest on the convertible notes will remain outstanding, and we will be required to issue the holders of the convertible notes warrants to purchase an aggregate of 153,551 shares of our common stock at an exercise price of $13.25 per share. The company will begin to accrete the principal balance from the amendment date through the expected closing of the Sprint APA.

At March 31, 2014, of the total $1,016,956 in Redeemable Notes payable, $796,865 were due to related parties, while of the $541,465 total notes payable at March 31, 2013, $481,465 were due to related parties.

Total interest expense on all notes payable amounted to $325,348 and $224,836 for the years ended March 31, 2014 and 2013, respectively, of which $308,675 and $223,836 were derived from related parties. Accrued interest expense at March 31, 2014 and 2013 amounted to $870,247 and $544,899, respectively, of which $852,574 and $543,899 were due to related parties at March 31, 2014 and 2013, respectively.

Income Taxes

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Income Taxes

7.	Income Taxes

The company had federal and state net operating loss carryforwards of approximately $23 million at March 31, 2014 expiring in varying amounts from 2021 and through 2034.

The company has deferred tax assets of approximately $8.5 million relating to these net operating loss carryforwards and deferred compensation plans at March 31, 2014 and 2013. Federal net operating loss carryforwards are subject to limitations as a result of the change in ownership (see Note 1). 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 attributable to a full valuation allowance placed upon the deferred tax asset.

Income Taxes

The company had Federal and State net operating loss carryforwards of approximately $23 million at March 31, 2014 and 2013 expiring in varying amounts from 2021 and through 2034.

The company has deferred tax assets of approximately $8.5 million relating to its net operating loss carryforwards and deferred compensation plans at March 31, 2014 and 2013. Federal net operating loss carryforwards are subject to limitations as a result of the change in ownership as disclosed in Note 12. 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 attributable to a full valuation allowance placed upon the deferred tax asset.

Stock Purchases Rights, Stock Options and Warrants

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Purchases Rights, Stock Options and Warrants

8.	Stock Purchases Rights, Stock Options and Warrants

The company established the Pacific DataVision 2014 Stock Plan (the “2014 Stock Plan”) to attract, retain and reward individuals who contribute to the growth and profitability of the company. This Stock Plan superseded previous stock plans although under such previous plans, 74,134 stock options were vested and outstanding as of December 31, 2014.

The company’s Board of Directors authorized and reserved 1,200,000 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. On January 1, 2015, 623,651 shares of common stock were added to the 2014 Stock Plan and are available for future issuance.

From May 14, 2014 through December 31, 2014, the company awarded certain employees and contractors of the company 1,146,457 options to purchase shares of common stock with an exercise price of $20.00 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.

In connection with the June 2014 Private Placement, the company converted all outstanding shares of the company’s Series AA Preferred Stock into 748,722 shares of its common stock, exchanged 661,581 outstanding warrants to purchase shares of Series AA Preferred Stock into 29,809 shares of common stock, and converted the remaining options and warrants to purchase shares of the Series AA Preferred Stock into options or warrants to purchase shares of the common stock, and converted restricted stock units for shares of the company’s Series AA Preferred Stock into restricted stock units for shares of common stock.

Restricted Stock Units

Under the 2010 Stock Plan, the company issued 82,054 restricted stock units and under the 2014 Stock Plan, the company issued 1,750 restricted stock units, for shares of the company’s common stock, during the nine months ended December 31, 2014, to certain employees and contractors of the company. 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. Stock compensation expense related to the 83,804 shares issued in the nine months ended December 31, 2014 was $1,676,080. At December 31, 2014, 128,001 restricted stock units were vested.

Stock Options

A summary of Stock Option activity for the nine months ended December 31, 2014 is as follows:


	Options		Weighted Average Exercise Price
Options outstanding at March 31, 2014		56,634	$	19.38
Granted		1,146,457		20.00

Options outstanding at December 31, 2014		1,203,091	$	19.96

Additional information regarding stock Options outstanding at December 31, 2014 is as follows:


Exercise Prices	Number Outstanding		Weighted Average Remaining Life in Years		Weighted Average Exercise Price		Options Exercisable		Weighted Average Exercise Price of Shares Exercisable
$13.25		49,505		5.96	$	13.25		48,781	$	13.25
20.00		1,145,250		9.57		20.00		17,500		20.00
49.67		6,467		1.76		49.67		6,467		49.67
72.85		1,869		0.61		72.85		1,869		72.85

		1,203,091		9.33	$	19.96		74,617	$	19.48

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 nine months ended December 31, 2014 were: the expected life of the awards was 5 years, the risk-free interest rate was 1.66%, the expected volatility was 47.0%, and the expected dividend yield was 0.0%. There was no forfeiture rate used for the calculation.

Stock compensation expense of $1,404,202 and $4,680,802 for the three and nine months ended December 31, 2014, respectively ($19,764 and $59,292 for the three and nine months ended December 31, 2013, respectively) represents $1,676,080 in expense related to the restricted stock units issued in the nine months ended December 31, 2014 and the amortization of the fair value of options issued since fiscal year 2009. Stock compensation expense is included as part of general and administrative expense in the accompanying statement of operations. As of December 31, 2014, there was approximately $6.8 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 3.4 years. The intrinsic value of the options outstanding and exercisable at December 31, 2014 was approximately $330,000 and $305,000, respectively.

Warrants

A summary of Warrant activity is as follows:


	Warrants			Weighted Average Exercise Price
Warrants outstanding at March 31, 2014		686,417		$	30.80
Warrants converted into 29,809 shares of common stock		(661,581	)
Expired		(18,797	)		165.57

Warrants outstanding at December 31, 2014		6,039		$	82.79

Additional information regarding Warrants outstanding at December 31, 2014 is as follows:


Exercise Price	Number Outstanding	Weighted Average Remaining Life in Years	Weighted Average Exercise Price
$82.79	6,039	1.42	$82.79

The outstanding warrants are immediately exercisable into 6,039 shares of common stock at December 31, 2014 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 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 financial statements.

Stock Purchases Rights, Stock Options and Warrants

The company established the Pacific DataVision 2010 Stock Plan (“Stock Plan”) to attract, retain and reward individuals who contribute to the growth and profitability of the company. This Stock Plan superseded previous stock plans, although under such previous plans 8,336 stock options were vested and outstanding as of March 31, 2014.

Under the Stock Plan, the board of directors of the company has authorized the issuance of up to 116,748 shares of Series AA Preferred Stock and 21,148 shares of Common Stock. The board of directors authorizes the terms and conditions of each grant, and such grant may be in the form of options and restricted stock awards and units. Options are granted at or above fair market value at the time of the grant. As of March 31, 2014 and 2013, there were 21,682 shares of Series AA Preferred Stock and 21,148 shares of Common Stock available for issuance under this Stock Plan. 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

44,197 shares of Series AA Preferred Stock in the form of restricted stock units have been granted under the Stock Plan and were vested as of March 31, 2014. 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. During fiscal 2013, the company granted 301 shares of restricted stock units to one employee which vested at grant. Stock compensation expense related to the 301 shares issued in fiscal 2013 was not material. There were no restricted stock units issued during fiscal 2014.

Stock Options

A summary of Stock Option activity for 2014 and 2013 is as follows:


	Options			Weighted Average Exercise Price
Options outstanding at March 31, 2012		57,041		$	19.71
Issued, cancelled or expired		—

Options outstanding at March 31, 2013		57,041			19.71
Cancelled or expired		(407	)		66.23

Options outstanding at March 31, 2014		56,634		$	19.38

Additional information regarding Options outstanding at March 31, 2014 is as follows:


Exercise Prices	Number Outstanding		Weighted Average Remaining Life in Years		Weighted Average Exercise Price		Options Exercisable		Weighted Average Exercise Price of Shares Exercisable
$13.25		48,298		6.68	$	13.25		39,151	$	13.25
49.67		6,467		2.51		49.67		6,467		49.67
72.85		1,869		1.36		72.85		1,869		72.85

		56,634		6.04	$	19.38		47,487	$	20.56

Stock compensation expense of $79,057 and $82,438 and 2014 and 2013, respectively, represents the amortization of the fair value of options issued between fiscal year 2009 and 2011. As of March 31, 2014, there was $79,057 of unrecognized compensation cost related to non-vested stock options granted under the Stock Plan. The cost is expected to be recognized over a weighted-average period of one year. The intrinsic value of the options outstanding and exercisable at March 31, 2014 and 2013 amounted to $326,012 and $264,269, respectively.

Warrants

A summary of Warrant activity is as follows:


	Warrants			Weighted Average Exercise Price
Warrants outstanding at March 31, 2012		695,477		$	31.47
Issued, cancelled or expired		(4,530	)

Warrants outstanding at March 31, 2013		690,947			31.14
Issued, cancelled or expired		(4,530	)

Warrants outstanding at March 31, 2014		686,417		$	30.80

The warrants outstanding at March 31, 2014 do not include 153,551 shares of contingently issuable warrants to purchase preferred stock at $13.25 per share as described in Note 6.

Additional information regarding Warrants outstanding at March 31, 2014 is as follows:


Exercise Prices		Number Outstanding		Weighted Average Remaining Life in Years		Weighted Average Exercise Price
$	26.49		661,581		1.75	$	26.49
	82.79		6,039		2.17		82.79
	165.57		18,797		0.35		165.57

			686,417		1.71	$	30.80

The exercise price of the 661,581 warrants above escalates up to $29.80 per share through the expiration date.

The outstanding warrants that are immediately exercisable into common or preferred stock amounted to 686,417 and 690,947 shares at March 31, 2014 and 2013, respectively, and expire on various dates through January 2016.

Supplemental Disclosure of Cash Flow Information

9 Months Ended

Dec. 31, 2014

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosure of Cash Flow Information

9.	Supplemental Disclosure of Cash Flow Information

The company paid in cash $907,771 in interest and $0 in taxes during the nine months ended December 31, 2014. The company did not make any payments for interest nor taxes in the nine months ended December 31, 2013.

During the nine months ended December 31, 2014, the company entered into the following non-cash investing and financing activities:

•

In connection with the Sprint APA, 500,000 shares of common stock valued at $10.0 million was issued as part of the Spectrum Asset purchase.

•

Repaid the working capital line of $1,300,000 in exchange for 65,000 shares of common stock.

•

Converted $1,016,956 in principal and $537,924 of accrued interest for the outstanding Redeemable Notes into 77,734 shares of common stock.

During the nine months ended December 31, 2013, the company satisfied an accounts payable liability with $9,000 in preferred stock.

Commitments

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments

10.

Commitments

Leasing Obligations

The company is obligated under certain lease agreements for office space. These leases expire on October 31, 2015, June 30, 2019, and May 31, 2020. Rent expense amounted to $21,790 and $28,962 for the three months ended December 31, 2014 and 2013, respectively. The rent expense for the nine months ended December 31, 2014 and 2013 was $83,087 and $85,600, respectively.

In November 2014, the company entered into an agreement for new office space for the corporate headquarters. The lease is effective December 1, 2014 and expires May 31, 2020. In December 2014, the company extended the lease for its California office to June 30, 2019.

In February 2015, the company entered into two leases for tower space for the new DispatchPlus business. These leases expire on February 28, 2020.

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 a decrease in rental expense of $9,644 and $3,628 for the three months ended December 31, 2014 and 2013, respectively. For the nine months ended December 31, 2014 and 2013, the decrease in rental expense was $18,188 and $24,987, respectively. At December 31, 2014, accumulated deferred rent payable amounted to $18,023 and is included as part of accounts payable and accrued expenses in the accompanying December 31, 2014 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,
2015 (3 months)	$	65,398
2016		322,261
2017		352,868
2018		368,294
2019		391,449
After 2019		315,709

Total	$	1,815,979

Commitments

Leasing Obligations

The company is obligated under certain lease agreements for office space. The leases expire on February 28, 2015 and November 1, 2016. Rent expense amounted to $113,920 and $111,557 for the years ended March 31, 2014 and 2013.

The straight-line method is used to recognize minimum rental expense under leases which provide for varying rents over their term. The effect of applying the straight-line basis resulted in a decrease in rental expense of $17,088 in fiscal year 2014 and an increase of $37,015 in fiscal year 2013. At March 31, 2014, accumulated deferred rent payable amounted to $43,372 and is included as part of accounts payable and accrued expenses in the accompanying March 31, 2014 balance sheet.

Aggregate rental expenses, under non-cancelable leases for office and plant space (exclusive of real estate taxes, utilities, maintenance and other costs borne by the company) for the remaining terms of the company’s leases are as follows:


Year Ending March 31,
2015	$	126,764
2016		65,935
2017		35,715

Total	$	228,414

Employee Agreements

The company entered into an employment agreement with its President and Chief Executive Officer in August 2004, which was amended in 2012 and 2014. The terms of his employment agreement provides for him to receive a base salary per year of $350,000, effective, July 1, 2014, which may be increased as determined by its board of directors, and which is being increased as set forth above. The term of the employment agreement expired after two years from the effective date, and automatically renews for a one-year period each year thereafter, unless the company provides him advanced notice of nonrenewal.

If his employment is terminated by the company without cause, he is entitled to receive a lump sum severance payment equal to 12 months of his base salary. If he terminates his employment for good reason, he is entitled to receive a severance payment equal to 12 months of his base salary payable in 12 equal monthly payments. However, upon a termination without cause or for good reason, he will only be entitled to: (i) 6 months of his base salary if he is in his final year of his employment period which has not been renewed or (ii) the base salary then in effect through the date of termination (but no less than 2 months base salary for a termination without cause) if he is past the final year of his employment period which has not been renewed.

The company entered into an employment agreement with its Chief Technical Officer in July 2004, which was amended in 2012 and 2014. The terms of his employment agreement provide for him to receive a base salary per year of $250,000, effective July 1, 2014, but which may be increased as determined by its board of directors, and which is being increased as set forth above. The term of the employment agreement expired after two years from the effective date, and automatically renews for a one year period each year thereafter, unless the company provides him advanced notice of nonrenewal.

If his employment is terminated by the company without cause, he is entitled to receive a lump sum severance payment equal to 12 months of this base salary. If he terminates his employment for good reason, he is entitled to receive a severance payment equal to 12 months of his base salary payable in 12 equal monthly payments. However, upon a termination without cause or for good reason, he will only be entitled (i) to 6 months of his base salary if he is in his final year of his employment period which has not been renewed or (ii) the base salary then in effect through the date of termination (but no less than 2 months base salary for a termination without cause) if he is past the final year of his employment period which has not been renewed.

Concentrations of Credit Risk

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Risks and Uncertainties [Abstract]

Concentrations of Credit Risk

11.

Concentrations of Credit Risk

Financial instruments which potentially expose the company to concentrations of credit risk, consist primarily of cash 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 product and extends credit predominately to two third-party carriers. The company performs ongoing credit evaluations of its customers and maintains allowances for doubtful accounts based on factors surrounding the credit risk, historical trends, and other information.

10.

Concentrations of Credit Risk

Financial instruments which potentially expose the company to concentrations of credit risk, consist primarily of cash 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 product and extends credit predominately to two customers. The company performs ongoing credit evaluations of its customers and maintains allowances for doubtful accounts based on factors surrounding the credit risk, historical trends, and other information.

Business Concentrations

9 Months Ended

Dec. 31, 2014

Text Block [Abstract]

Business Concentrations

12.

Business Concentrations

For each of the three and nine months ended December 31, 2014, the company had three carriers that accounted for approximately 53%, 28%, and 3% of revenue, respectively. For the three months ended December 31, 2013, the three carriers accounted for approximately 39%, 38% and 5% and for the nine months ended December 31, 2013, the three carriers accounted for approximately 50%, 26% and 6% of revenue. Revenues from domestic and international sales for each of the three and nine months ended December 31, 2014 were 97% and 3%, respectively, and for the three months and nine months ended December 31, 2013, such revenues were 95% and 5% and 94% and 6%, respectively.

As of December 31, 2014 and March 31, 2014, the company had three carriers that accounted for 61%, 22% and 2% and 43%, 33% and 6% of accounts receivable, respectively.

Subsequent Events

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Subsequent Events [Abstract]

Subsequent Events

13.	Subsequent Events

Effectiveness of Registration Statement and Listing on The Nasdaq Capital Market

On January 26, 2015, the SEC declared effective the company’s registration statement on Form S-1 relating to the resale of 11,925,000 shares of common stock held by the selling stockholders (including 500,000 shares of common stock issuable upon the conversion of the Class B Units of the company’s subsidiary, PDV Spectrum Holding Company, LLC issued to Motorola). The company will receive no proceeds from any sales by the selling stockholders. On February 3, 2015, shares of the company’s common stock were listed for trading on the Nasdaq Capital Market under the symbol “PDVW”.

January 2015 Private Placement

On January 26, 2015, the company completed a private placement with a secondary closing on January 30, 2015. The company sold 57,270 shares of common stock at a purchase price of $25.00 per share to certain accredited investors in reliance on exemptions from registration under the Securities Act. The net proceeds from the January 2015 private placement were approximately $1,380,000. The purpose of this private placement was to secure additional round lot stockholders to enable the company to satisfy the initial listing standards of the Nasdaq Capital Market. The company intends to use the net proceeds for general corporate purposes, including working capital.

Stock Options Granted in January 2015 and February 2015

On January 29, 2015, under the 2014 Stock Plan, the company awarded certain employees and contractors of the company 240,000 options to purchase shares of common stock with an exercise price of $25.00 per share. The shares have a ten year contractual life. 100,000 of the options vested immediately and, of the remaining 140,000 options, 25% will vest on the first anniversary of grant, and the remainder will vest in three equal annual installments. Shares granted to individuals are subject to vesting, future settlement conditions and other such terms as determined by the Board of Directors.

On February 11, 2015, under the 2014 Stock Plan, the company awarded certain employees of the company 4,000 options to purchase shares of common stock with an exercise price of $46.23 per share. The shares have a ten year contractual life, 25% will vest on the first anniversary of the grant, and the remainder will vest in three equal annual installments. Shares granted to individuals are subject to vesting, future settlement conditions and other such terms as determined by the Board of Directors.

12.

Subsequent Events

The company has implemented a strategic plan to expand its business to become an operator of two-way radio systems. In pursuant of that objective, subsequent to March 31, 2014, the company has:

Entered into an Asset Purchase Agreement with wholly-owned subsidiaries of Sprint Corporation (Sprint APA) to purchase nationwide spectrum assets for a total of $100 million, with $90 million to be paid in cash from the proceeds of the private placement (see below) and $10 million paid in 500,000 shares of our common stock (at a price equal to $20.00 per share). A deposit to Sprint of $13,500,000 was made on June 11, 2014 and all appropriate transfer applications have been filed with the Federal Communications Commission (FCC). The deposit is fully refundable if the Sprint APA does not close.

Completed a private placement, on June 10, 2014, in which we sold 10,925,000 shares of common stock at a purchase price of $20.00 per share. The net proceeds from the private placement after deducting the company’s expenses and the payment of initial placement fees, were approximately $202,003,000. $195,665,400 of the net proceeds is being held in trust until the closing of the Sprint APA. The net proceeds held in trust are to be paid back to the investors of the private offering if the Sprint APA does not close.

In connection with the private placement, we completed a number of actions, including:

•

The reincorporation of our company from California to Delaware, which was effective on May 30, 2014;

•

The conversion of all outstanding shares of our Series AA Preferred Stock into 748,722 shares of the company’s common stock, the exchange of 661,581 outstanding warrants to purchase shares of Series AA Preferred Stock into 29,809 shares of the company’s common stock, and the conversion of the company’s remaining options and warrants to purchase shares of our Series AA Preferred Stock into options or warrants to purchase shares of the company’s common stock and the conversion of restricted stock units for shares of the company’s Series AA Preferred Stock into restricted stock units for shares of the company’s common stock;

•

The amendment of outstanding redeemable notes, in the aggregate principal of $1,016,956, to provide that the Redeemable Notes will automatically be converted into that number of shares of the company’s common stock equal to the sum of 140% of the principal plus the outstanding interest on such redeemable notes through the conversion divided by $20.00 per share, contingent upon the Sprint APA closing;

•

A 33.11451201-for-1 reverse stock split of all the company’s outstanding stock, which was effected immediately prior to the completion of the private placement. All share and per share data reported and disclosed in the accompanying financial statements have been retroactively adjusted to give effect for the reverse stock split.

Entered into an agreement with Motorola on May 15, 2014, under which Motorola agreed to provide the company with their state-of-the-art Motorola Digital Technology that the company intends to deploy as part of its nationwide network. Additionally, the company entered into a letter of intent with Motorola under which it has indicated its intent to invest up to $10 million in a newly formed company subsidiary and to lease some of the Spectrum Assets the company is buying in the Sprint APA.

In addition, the company issued the following equity awards:

•

2014 Stock Plan: The company’s Board of Directors and stockholders adopted a 2014 Stock plan on May 12, 2014, authorizing and reserving 1,200,000 shares of the company’s common stock for issuance.

•

Restricted Stock Units: On May 12, 2014, the company issued 82,054 restricted stock units for shares of its common stock to certain employees and contractors of the company.

•

Options: From May 14, 2014 through June 30, 2014, the company awarded certain employees and contractors of the company 965,750 options to purchase shares of common stock with an exercise price of $20.00 per share.

The following table represents the pro-forma capitalization (unaudited) of the company assuming the private placement and the Sprint APA deposit occurred on March 31, 2014:


	As Reported			Pro-Forma (Unaudited)
Cash and cash equivalents	$	45,679		$	7,212,140

Restricted cash		—			182,165,400

Long-term deposit		—			13,500,000

Stockholders’ equity (deficiency)
Common stock		1,182,962			1,183
Preferred stock		20,525,999			—
Additional paid-in capital		1,026,634			225,566,273
Accumulated deficit		(26,943,011	)		(26,943,011	)

Total stockholders’ equity (deficiency)	$	(4,207,416	)	$	198,624,445

Major Customers and Geographic Areas

12 Months Ended

Mar. 31, 2014

Text Block [Abstract]

Major Customers and Geographic Areas

11.

Major Customers and Geographic Areas

For the year ended March 31, 2014, the company had three carriers that accounted for 47%, 31% and 6% of revenues and 43%, 33% and 6% of accounts receivable, respectively.

For the year ended March 31, 2013, the company had two carriers that accounted for 70% and 10% of revenues and 65% and 16% of accounts receivable, respectively.

For the year ended March 31, 2014, approximately 94% and 6% of the company’s revenues were from domestic and international operations respectively, with 100% of the company’s revenues coming from one customer in Mexico.

For the year ended March 31, 2013, approximately 90% and 10% of the company’s revenues were from domestic and international operations respectively, with 100% of the company’s revenues coming from one customer in Mexico.

Summary of Significant Accounting Policies (Policies)

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Accounting Policies [Abstract]

Basis of Presentation and Use of Estimates

Basis of Presentation and Use of Estimates

Basis of Presentation and Use of Estimates

Correction of Basic and Diluted Net Loss Per Common Share

Correction of Basic and Diluted Net Loss Per Common Share

A summary of the impact of the correction of the errors on the net loss per common share, basic and diluted, is as follows:


	Three Months Ended December 31, 2013			Nine Months Ended December 31, 2013			Nine Months Ended December 31, 2014
Net loss per common share, basic and diluted—originally reported	$	(0.30	)	$	(1.00	)	$	(0.98	)
Difference in net loss per common share, basic and diluted		(1.84	)		(6.15	)		(0.02	)
Net loss per common share, basic and diluted—corrected	$	(2.14	)	$	(7.15	)	$	(1.00	)


Reconciliation of net loss per common share, basic and diluted	Three Months Ended December 31, 2013			Nine Months Ended December 31, 2013			Nine Months Ended December 31, 2014
Numerator
Net loss	$	(270,750	)	$	(906,536	)	$	(9,132,615	)
Denominator
Weighted average shares, basic and diluted—originally reported:		904,611			904,611			9,301,800
Redeemable convertible preferred stock and warrants (incorrectly included)		(777,852	)		(777,852	)		(198,171	)

Weight average shares, basic and diluted—corrected (1)		126,759			126,759			9,103,629

Net loss per share, basic and diluted—corrected	$	(2.14	)	$	(7.15	)	$	(1.00	)

(1)	Since the numerator used to calculate diluted net loss per common share was a net loss for the period presented, the dilutive effects of stock options, warrants and redeemable convertible preferred stock were not included since the effect was anti-dilutive

The corrections have no impact on the company’s net loss reported in the statements of operations, balance sheets, or the statements of cash flows for the above mentioned periods.

Furniture, Fixture and Equipment

Furniture, Fixture and Equipment

Furniture, fixture and equipment is stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets.

Furniture, Fixture and Equipment

Furniture, fixture and equipment is stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets.

Intangible Assets

Intangible Assets

Patent Costs

Patent Costs

Patent Costs

Allowance for Uncollectible Receivables

Allowance for Uncollectible Receivables

Allowance for Uncollectible Receivables

Revenue Recognition

Revenue Recognition

Revenue Recognition


	As originally presented				As restated
	Year ended March 31,				Year ended March 31,
	2013		2014		2013		2014
Revenue	$	3,426,966	$	4,001,117	$	2,760,095	$	3,539,595
Cost of Revenue		1,492,705		1,585,643		825,834		1,124,121

Gross Profit	$	1,934,261	$	2,415,474	$	1,934,261	$	2,415,474

Cost of Revenue

Cost of Revenue

Cost of Revenue

Product Development Costs

Product Development Costs

Product Development Costs

Stock Compensation

Stock Compensation

No tax benefits were attributed to the share-based compensation expense because a full valuation allowance was maintained for all net deferred tax assets.

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.

No tax benefits were attributed to the share-based compensation expense because a full valuation allowance was maintained for all net deferred tax assets.

Income Taxes

Income Taxes

Income Taxes

Accounting for Uncertainty in Income Taxes

Accounting for Uncertainty in Income Taxes

Accounting for Uncertainty in Income Taxes

Long-Lived Asset Impairment

Long-Lived Asset Impairment

Fair Value of Financial Instruments

Fair Value of Financial Instruments

Fair Value of Financial Instruments

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

Net Loss Per Share of Common Stock

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 years ended March 31, 2013 and 2014, diluted net loss per common share is the same as basic net loss per common share for those periods.

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.

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. (See note 12)

Summary of Significant Accounting Policies (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Accounting Policies [Abstract]

Summary of Error Corrections Impact on Net Loss Per Common Share Basic and Diluted

A summary of the impact of the correction of the errors on the net loss per common share, basic and diluted, is as follows:


	Three Months Ended December 31, 2013			Nine Months Ended December 31, 2013			Nine Months Ended December 31, 2014
Net loss per common share, basic and diluted—originally reported	$	(0.30	)	$	(1.00	)	$	(0.98	)
Difference in net loss per common share, basic and diluted		(1.84	)		(6.15	)		(0.02	)
Net loss per common share, basic and diluted—corrected	$	(2.14	)	$	(7.15	)	$	(1.00	)


Reconciliation of net loss per common share, basic and diluted	Three Months Ended December 31, 2013			Nine Months Ended December 31, 2013			Nine Months Ended December 31, 2014
Numerator
Net loss	$	(270,750	)	$	(906,536	)	$	(9,132,615	)
Denominator
Weighted average shares, basic and diluted—originally reported:		904,611			904,611			9,301,800
Redeemable convertible preferred stock and warrants (incorrectly included)		(777,852	)		(777,852	)		(198,171	)

Weight average shares, basic and diluted—corrected (1)		126,759			126,759			9,103,629

Net loss per share, basic and diluted—corrected	$	(2.14	)	$	(7.15	)	$	(1.00	)

(1)	Since the numerator used to calculate diluted net loss per common share was a net loss for the period presented, the dilutive effects of stock options, warrants and redeemable convertible preferred stock were not included since the effect was anti-dilutive

Summary of Revenue and Gross Profit

Below is summary of the revenue and gross profit from the Company’s operations:


	As originally presented				As restated
	Year ended March 31,				Year ended March 31,
	2013		2014		2013		2014
Revenue	$	3,426,966	$	4,001,117	$	2,760,095	$	3,539,595
Cost of Revenue		1,492,705		1,585,643		825,834		1,124,121

Gross Profit	$	1,934,261	$	2,415,474	$	1,934,261	$	2,415,474

Furniture, Fixture and Equipment (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Components of Furniture, Fixture and Equipment

Furniture, fixture and equipment consist of the following at December 31, 2014 and March 31, 2014:


	Estimated useful life		December 31, 2014		March 31, 2014
Computer equipment		5-7 years	$	784,998	$	725,984
Furniture and fixture		5 years		188,146		183,725

				973,144		909,709
Less accumulated depreciation				813,911		810,161

				159,233		99,548
Construction in process				1,564,531		—

Furniture, fixture and equipment, net			$	1,723,764	$	99,548

Furniture, fixture and equipment consist of the following at March 31:


	Estimated useful life		2013		2014
Computer equipment		5-7 years	$	696,696	$	725,984
Furniture and fixture		5 years		179,441		183,725

				876,137		909,709
Less accumulated depreciation				793,522		810,161

			$	82,615	$	99,548

Stock Purchases Rights, Stock Options and Warrants (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Stock Option Activity

A summary of Stock Option activity for the nine months ended December 31, 2014 is as follows:


	Options		Weighted Average Exercise Price
Options outstanding at March 31, 2014		56,634	$	19.38
Granted		1,146,457		20.00

Options outstanding at December 31, 2014		1,203,091	$	19.96

A summary of Stock Option activity for 2014 and 2013 is as follows:


	Options			Weighted Average Exercise Price
Options outstanding at March 31, 2012		57,041		$	19.71
Issued, cancelled or expired		—

Options outstanding at March 31, 2013		57,041			19.71
Cancelled or expired		(407	)		66.23

Options outstanding at March 31, 2014		56,634		$	19.38

Schedule of Additional Information Regarding Stock Options Outstanding

Additional information regarding stock Options outstanding at December 31, 2014 is as follows:


Exercise Prices	Number Outstanding		Weighted Average Remaining Life in Years		Weighted Average Exercise Price		Options Exercisable		Weighted Average Exercise Price of Shares Exercisable
$13.25		49,505		5.96	$	13.25		48,781	$	13.25
20.00		1,145,250		9.57		20.00		17,500		20.00
49.67		6,467		1.76		49.67		6,467		49.67
72.85		1,869		0.61		72.85		1,869		72.85

		1,203,091		9.33	$	19.96		74,617	$	19.48

Additional information regarding Options outstanding at March 31, 2014 is as follows:


Exercise Prices	Number Outstanding		Weighted Average Remaining Life in Years		Weighted Average Exercise Price		Options Exercisable		Weighted Average Exercise Price of Shares Exercisable
$13.25		48,298		6.68	$	13.25		39,151	$	13.25
49.67		6,467		2.51		49.67		6,467		49.67
72.85		1,869		1.36		72.85		1,869		72.85

		56,634		6.04	$	19.38		47,487	$	20.56

Schedule of Additional Information Regarding Warrants Outstanding

A summary of Warrant activity is as follows:


	Warrants			Weighted Average Exercise Price
Warrants outstanding at March 31, 2014		686,417		$	30.80
Warrants converted into 29,809 shares of common stock		(661,581	)
Expired		(18,797	)		165.57

Warrants outstanding at December 31, 2014		6,039		$	82.79

Additional information regarding Warrants outstanding at March 31, 2014 is as follows:


Exercise Prices		Number Outstanding		Weighted Average Remaining Life in Years		Weighted Average Exercise Price
$	26.49		661,581		1.75	$	26.49
	82.79		6,039		2.17		82.79
	165.57		18,797		0.35		165.57

			686,417		1.71	$	30.80

Summary of Warrant Activity

Additional information regarding Warrants outstanding at December 31, 2014 is as follows:


Exercise Price	Number Outstanding	Weighted Average Remaining Life in Years	Weighted Average Exercise Price
$82.79	6,039	1.42	$82.79

A summary of Warrant activity is as follows:


	Warrants			Weighted Average Exercise Price
Warrants outstanding at March 31, 2012		695,477		$	31.47
Issued, cancelled or expired		(4,530	)

Warrants outstanding at March 31, 2013		690,947			31.14
Issued, cancelled or expired		(4,530	)

Warrants outstanding at March 31, 2014		686,417		$	30.80

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

Commitments (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Aggregate Rental Expenses, under Non-cancelable Leases for Office and Plant Space (Exclusive of Real Estate Taxes, Utilities, Maintenance and Other Costs)


Period Ending March 31,
2015 (3 months)	$	65,398
2016		322,261
2017		352,868
2018		368,294
2019		391,449
After 2019		315,709

Total	$	1,815,979


Year Ending March 31,
2015	$	126,764
2016		65,935
2017		35,715

Total	$	228,414

Subsequent Events (Tables)

12 Months Ended

Mar. 31, 2014

Subsequent Events [Abstract]

Pro-forma Capitalization of Company Assuming Private Placement and Sprint APA Deposit

The following table represents the pro-forma capitalization (unaudited) of the company assuming the private placement and the Sprint APA deposit occurred on March 31, 2014:


	As Reported			Pro-Forma (Unaudited)
Cash and cash equivalents	$	45,679		$	7,212,140

Restricted cash		—			182,165,400

Long-term deposit		—			13,500,000

Stockholders’ equity (deficiency)
Common stock		1,182,962			1,183
Preferred stock		20,525,999			—
Additional paid-in capital		1,026,634			225,566,273
Accumulated deficit		(26,943,011	)		(26,943,011	)

Total stockholders’ equity (deficiency)	$	(4,207,416	)	$	198,624,445

Nature of Operations - Additional Information (Detail) - USD ($)		1 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 10, 2014	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2012
Conversion of Stock [Line Items]
Line of credit maximum borrowing capacity		$ 3,000,000						$ 3,000,000
Repayment of working capital line		1,470,000
Payment of convertible promissory notes						$ 1,133,851
Payment of deferred compensation in cash		$ 367,695
Net losses				$ (3,525,864)	$ (270,750)	(9,132,615)	$ (906,536)	(1,211,821)	$ (1,239,918)
Stockholders' deficiency				$ 216,117,909		$ 216,117,909		(4,207,416)	$ (3,083,652)	$ (1,933,672)
Line of credit outstanding amount								$ 1,575,000
Redeemable Notes [Member]
Conversion of Stock [Line Items]
Common shares converted from notes		77,734
Redeemed convertible notes		$ 1,016,956
Percentage of principal amount redeemed						140.00%		140.00%
June 2014 Private Placement [Member]
Conversion of Stock [Line Items]
Sale of stock price per share	$ 20.00
Sale of stock, Shares	10,925,000
Net proceeds form sale of stock	$ 202,000,000
Percentage of net proceeds held in trust	96.00%
Net proceeds held in trust	$ 196,000,000
Repayment of working capital line		1,470,000
Repayment of accrued interest		$ 351,073
Common shares converted from notes		65,000
Debt conversion, cash		$ 521,073
Payment of convertible promissory notes		540,000
Payment of accrued interest on convertible promissory notes		272,842
Payment of deferred compensation in cash		367,695
June 2014 Private Placement [Member] \| Series AA Convertible Promissory Notes [Member]
Conversion of Stock [Line Items]
Payment of convertible promissory notes		423,852
Payment of accrued interest on convertible promissory notes		$ 283,856
June 2014 Private Placement [Member] \| Redeemable Notes [Member]
Conversion of Stock [Line Items]
Common shares converted from notes		77,734
Redeemed convertible notes		$ 1,016,956	$ 1,016,956
Percentage of principal amount redeemed		140.00%	140.00%
Sprint APA [Member]
Conversion of Stock [Line Items]
Acquisition, completion date						Sep. 15, 2014
Purchase of nationwide spectrum assets						$ 100,000,000
Purchase payment by cash						90,000,000
Stock issued during period value to purchase of assets						$ 10,000,000
Stock issued during period shares to purchase of assets						500,000
Sale of stock price per share				$ 20.00		$ 20.00

Nature of Operations - Additional Information 1 (Detail)		1 Months Ended		9 Months Ended	12 Months Ended
	Sep. 15, 2014 USD ($) $ / shares shares	Sep. 30, 2014 USD ($)	Jun. 30, 2014 USD ($) $ / shares shares	Dec. 31, 2014 $ / shares shares	Mar. 31, 2014 $ / shares shares	Jun. 10, 2014 $ / shares	Mar. 31, 2013 shares	Mar. 31, 2012 shares
Conversion of Stock [Line Items]
Line of credit facility expiration date				2014-09
Assets leased for prepaid price \| $	$ 7,500,000	$ 7,500,000
Stock options issued to purchase common stock	1,146,457			1,146,457
Warrants outstanding to purchase preferred stock				6,039	686,417		690,947	695,477
Common Stock, shares authorized				100,000,000	85,000,000		85,000,000
Preferred Stock, shares authorized				10,000,000	40,000,000		40,000,000
Change in common stock par value \| $ / shares				$ 0.0001
Redeemable Notes [Member]
Conversion of Stock [Line Items]
Redeemed convertible notes \| $		1,016,956
Percentage of principal amount converted common stock				140.00%	140.00%
Conversion price, per share \| $ / shares				$ 20.00	$ 20.00
Preferred Stock Series AA [Member]
Conversion of Stock [Line Items]
Warrants outstanding to purchase preferred stock				661,581
Restricted Stock Units [Member]
Conversion of Stock [Line Items]
Equity Instrument other than stock option, issued to purchase common stock	83,804
June 2014 Private Placement [Member]
Conversion of Stock [Line Items]
Sale of stock, price per share \| $ / shares						$ 20.00
Shares issued upon conversion			29,809
Reverse stock split description				33.11451201-for-1 reverse stock split of all outstanding common stock	33.11451201-for-1 reverse stock split of all the company's outstanding stock
Ratio of reverse stock split outstanding stock			0.030198241
Common Stock, shares authorized			100,000,000
Preferred Stock, shares authorized			10,000,000
Change in common stock par value \| $ / shares			$ 0.0001
June 2014 Private Placement [Member] \| Redeemable Notes [Member]
Conversion of Stock [Line Items]
Redeemed convertible notes \| $		$ 1,016,956	$ 1,016,956
Amendment of outstanding redeemable notes description				Redeemable Notes would automatically be converted at the closing of the Sprint APA into that number of shares of common stock equal to the sum of 140% of the principal plus the outstanding interest on such Redeemable Notes through the conversion divided by $20.00 per share
Percentage of principal amount converted common stock		140.00%	140.00%
Conversion price, per share \| $ / shares			$ 20.00
June 2014 Private Placement [Member] \| Preferred Stock Series AA [Member]
Conversion of Stock [Line Items]
Shares issued upon conversion			748,722
Warrants outstanding to purchase preferred stock			661,581
PDV Spectrum Holding Company, LLC [Member] \| Common Class B Units [Member]
Conversion of Stock [Line Items]
Subsidiary or equity method investee, proceeds from sale of units \| $	$ 10,000,000
Subsidiary or equity method investee, number of units issued	500,000
Sale of stock, price per share \| $ / shares	$ 20.00

Summary of Error Corrections Impact on Net Loss Per Common Share, Basic and Diluted (Detail) - USD ($)

3 Months Ended

9 Months Ended

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Difference in net loss per common share, basic and diluted

$ (0.28)

^[1]

$ (2.14)

^[1]

$ (1.00)

^[1]

$ (7.15)

^[1]

$ (9.56)

$ (9.78)

Net loss

$ (3,525,864)

$ (270,750)

$ (9,132,615)

$ (906,536)

$ (1,211,821)

$ (1,239,918)

Weight average shares, basic and diluted-corrected

12,473,024

^[1]

126,759

^[1],[2]

9,103,629

^[1],[2]

126,759

^[1],[2]

126,759

Net loss per share, basic and diluted-corrected

$ (0.28)

^[1]

$ (2.14)

^[1]

$ (1.00)

^[1]

$ (7.15)

^[1]

$ (9.56)

$ (9.78)

Originally reported [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Difference in net loss per common share, basic and diluted

$ (0.30)

$ (0.98)

$ (1.00)

Weight average shares, basic and diluted-corrected

904,611

9,301,800

904,611

Net loss per share, basic and diluted-corrected

$ (0.30)

$ (0.98)

$ (1.00)

Difference [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Difference in net loss per common share, basic and diluted

$ (1.84)

$ (0.02)

$ (6.15)

Redeemable convertible preferred stock and warrants (incorrectly included)

(777,852)

(198,171)

(777,852)

Net loss per share, basic and diluted-corrected

$ (1.84)

$ (0.02)

$ (6.15)

[1]	Three and nine months ended December 31, 2013 and nine months ended December 31, 2014 corrected.
[2]	Since the numerator used to calculate diluted net loss per common share was a net loss for the period presented, the dilutive effects of stock options, warrants and redeemable convertible preferred stock were not included since the effect was anti-dilutive

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Sep. 30, 2014	Sep. 15, 2014
Summary Of Significant Accounting Policies [Line Items]
Accounts receivable, allowance for doubtful accounts	$ 37,248		$ 37,248		$ 12,619
Deferred revenue							$ 7,500,000	$ 7,500,000
Lease term			10 years
Tax benefits attributed to share-based compensation expense			$ 0		$ 0
Potentially dilutive securities outstanding but excluded from computation of earnings per share			1,800,000	1,600,000	1,630,000	1,589,000
Patents [Member]
Summary Of Significant Accounting Policies [Line Items]
Accumulated amortization	335,435		$ 335,435		$ 303,305	$ 260,475
Amortization expense	10,710	$ 11,250	32,130	$ 33,750	42,830	$ 37,510
Estimated amortization expense,next twelve months	40,000		40,000		40,000
Estimated amortization expense,year two	40,000		40,000		40,000
Estimated amortization expense,year three	40,000		40,000		40,000
Estimated amortization expense,year four	40,000		40,000		40,000
Estimated amortization expense,year five	$ 40,000		$ 40,000		$ 40,000

Furniture, Fixture and Equipment - Components of Furniture, Fixture and Equipment (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Property, Plant and Equipment [Line Items]
Furniture, fixture and equipment, gross	$ 973,144	$ 909,709	$ 876,137
Less accumulated depreciation	813,911	810,161	793,522
Property Plant and equipment net before construction work in progress	159,233	99,548
Furniture, fixture and equipment, net	1,723,764	99,548	82,615
Minimum [Member]
Property, Plant and Equipment [Line Items]
Construction in progress	30,000,000
Maximum [Member]
Property, Plant and Equipment [Line Items]
Construction in progress	50,000,000
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Furniture, fixture and equipment, gross	$ 784,998	$ 725,984	696,696
Computer Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	5 years	5 years
Computer Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	7 years	7 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated useful life	5 years	5 years
Furniture, fixture and equipment, gross	$ 188,146	$ 183,725	$ 179,441
Construction Work In Process [Member]
Property, Plant and Equipment [Line Items]
Construction in progress	$ 1,564,531

Furniture, Fixture and Equipment - Additional Information (Detail) $ in Millions	Dec. 31, 2014 USD ($)
Minimum [Member]
Property, Plant and Equipment [Line Items]
Construction in progress	$ 30
Maximum [Member]
Property, Plant and Equipment [Line Items]
Construction in progress	$ 50

Accounts Payable - Additional Information (Detail) - USD ($)	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Payables and Accruals [Abstract]
Accounts payable to officers	$ 17,506	$ 117,961	$ 101,691

Deferred Compensation Plan - Additional Information (Detail) - USD ($)	1 Months Ended
	Sep. 30, 2014	Mar. 31, 2014	Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Deferred compensation plan paid	$ 367,695
Outstanding deferred compensation		$ 361,610	$ 337,270

Notes Payable - Affiliated Entities - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2012
Line of Credit Facility [Line Items]
Line of credit, amount			$ 3,000,000		$ 3,000,000
Line of credit, repayment amount	$ 1,470,000
Debt instrument, repayment amount			1,133,851
Interest expense due to related party		$ 86,103	$ 570,737	$ 236,831	325,348	$ 224,836
Line of credit, drawdown amount					1,425,000	1,195,000
Line of credit, Monthly repayment amount					50,000
Outstanding balance of convertible promissory notes					$ 3,405,808	$ 2,700,317
Warrants to purchase stock			661,581
Exercise price of warrants			$ 82.79		$ 30.80	$ 31.14	$ 31.47
Accrued interest expense					$ 870,247	$ 544,899
Accrued interest expense, due to related parties					$ 852,574	543,899
Line of credit [Member]
Line of Credit Facility [Line Items]
Line of credit, interest rate			10.00%		10.00%
Promissory note [Member]
Line of Credit Facility [Line Items]
Debt instrument, amount			$ 540,000		$ 540,000
Debt instrument, interest rate			10.00%		10.00%
Debt instrument, repayment amount	540,000
Series AA Convertible Promissory Notes [Member]
Line of Credit Facility [Line Items]
Debt instrument, interest rate			10.00%		10.00%
Debt instrument, repayment amount	423,852
Accrued interest, repayment amount	283,856
Outstanding balance of convertible promissory notes					$ 423,852	423,852
Debt instrument, maturity date					Jun. 30, 2015
Earnings before income tax depreciation and amortization amount					$ 5,000
Series AA Convertible Promissory Notes [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Percentage of EBITDA amount to pay the outstanding and unpaid principal and accrued interest to note holders					20.00%
Redeemable Notes [Member]
Line of Credit Facility [Line Items]
Debt instrument, interest rate			10.00%		10.00%
Issuance of convertible notes					$ 475,491	541,465
Debt instrument, redemption description			The Redeemable Notes were amended to provide that the Redeemable Notes would automatically be converted into that number of shares of common stock equal to the sum of 140% of the outstanding principal on the Redeemable Notes plus outstanding interest divided by $20.00 per share upon the closing of the Sprint APA. The company accreted approximately $400,000 representing the 40% premium to the principal balance from the amendment date through the closing of the Sprint APA.		the Redeemable Notes were amended in May 2014 to provide that the Redeemable Notes will automatically be converted into that number of shares of our common stock equal to the sum of 140% of the outstanding principal on the Redeemable Notes plus outstanding interest divided by $20.00 per share upon the closing of the Sprint APA (See Note 12). If the company does not successfully complete the Sprint APA, the outstanding principal and interest on the convertible notes will remain outstanding, and we will be required to issue the holders of the convertible notes warrants to purchase an aggregate of 153,551 shares of our common stock at an exercise price of $13.25 per share. The company will begin to accrete the principal balance from the amendment date through the expected closing of the Sprint APA.
Percentage of principal amount redeemed			140.00%		140.00%
Debt instrument, accretion amount			$ 400,000
Debt conversion price per share			$ 20.00		$ 20.00
Percentage of premium to principal balance			40.00%
Debt instrument principal amount outstanding	1,016,956
Debt instrument, interest amount	$ 238,856
Common stock issued in exchange of debt repayment	77,734
Total interest expense on all notes payable			$ 570,737	236,831	$ 325,348	224,836
Interest expense due to related party			$ 477,325	$ 225,662	308,675	223,836
Notes payable					1,016,956	541,465
Notes payable, related parties					$ 796,865	$ 481,465
Convertible Senior Notes [Member]
Line of Credit Facility [Line Items]
Warrants to purchase stock					153,551
Exercise price of warrants					$ 13.25

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Income Tax Disclosure [Line Items]
Deferred tax assets		$ 8.5	$ 8.5
Earliest Tax Year [Member]
Income Tax Disclosure [Line Items]
Operating loss carryforwards, expiration year	2021	2021
Latest Tax Year [Member]
Income Tax Disclosure [Line Items]
Operating loss carryforwards, expiration year	2034	2034
Federal and State [Member]
Income Tax Disclosure [Line Items]
Net operating loss carryforwards		$ 23.0	$ 23.0

Stock Purchases Rights, Stock Options and Warrants - Additional Information (Detail) - USD ($)						2 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
	Jan. 26, 2015	Jan. 01, 2015	Sep. 15, 2014	May 15, 2014	May 12, 2014	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vested and outstanding							1,203,091		1,203,091		56,634	57,041	57,041
Options to purchase common stock to employees and contractors							1,146,457		1,146,457
Exercise price of common stock to employees and contractors							$ 20.00
Stock options, contractual life							10 years
Warrants outstanding							6,039		6,039		686,417	690,947	695,477
Exchange of warrants to common shares									29,809
Expected life of awards							5 years		5 years
Risk-free interest rate							1.66%		1.66%
Expected volatility							47.00%		47.00%
Expected dividend yield							0.00%		0.00%
Non-cash compensation expense attributable to stock awards							$ 1,404,202	$ 19,764	$ 4,680,802	$ 59,292	$ 79,057	$ 82,438
Unrecognized compensation cost related to non-vested share options granted							6,800,000		6,800,000		79,057
Intrinsic value of options outstanding							330,000		330,000		326,012	326,012
Intrinsic value of options exercisable							$ 305,000		$ 305,000		$ 264,269	$ 264,269
Warrants expiry period									2016-06		2016-01
Conversion ratio									One-for-one basis
Issuable warrants to purchase											153,551
Warrants outstanding							1,203,091		1,203,091
Weighted Average Exercise Price							$ 19.96		$ 19.96
Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options to purchase common stock to employees and contractors						965,750
Exercise price of common stock to employees and contractors						$ 20.00
PDV Spectrum Holding Company, LLC [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from investments, value				$ 10,000,000
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			$ 20.00
PDV Spectrum Holding Company, LLC [Member] \| Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Ownership percentage			100.00%
Preferred Stock Series AA [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued upon conversion									(748,722)
Warrants outstanding							661,581		661,581
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued upon conversion									748,722
Exchange of warrants to common shares									29,809
Common Stock [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from investment, shares	11,925,000
Common Stock [Member] \| PDV Spectrum Holding Company, LLC [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from investment, shares	500,000
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price											$ 13.25
Warrants outstanding											686,417	661,581
Weighted Average Exercise Price											$ 30.80
Warrant [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Exercise Price												$ 29.80
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							74,134		74,134
Common stock authorized and reserved for issuance							1,200,000		1,200,000
Percentage of increase in number of shares of common stock issued and outstanding									5.00%
Number of shares reserved for issuance, description									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.
Stock issued during period									1,750
2014 Stock Plan [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized and reserved for issuance					1,200,000
Common stock, issued		623,651
Stock issued during period					82,054
2010 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vested and outstanding											8,336
Stock issued during period									82,054
2010 Stock Plan [Member] \| Preferred Stock Series AA [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized and reserved for issuance											116,748
Common Stock available for issuance											21,682	21,682
2010 Stock Plan [Member] \| Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized and reserved for issuance											21,148
Common Stock available for issuance											21,148	21,148
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense related shares issued, shares									83,804
Stock compensation expense related shares issued, value									$ 1,676,080
Restricted stock units, vested									128,001
Restricted Stock Units [Member] \| Preferred Stock Series AA [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units, vested											44,197	301
Restricted stock units, granted											44,197	301
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period of recognition of unrecognized compensation cost									3 years 4 months 24 days		1 year
Warrants outstanding											56,634
Weighted Average Exercise Price											$ 19.38

Stock Purchases Rights, Stock Options and Warrants - Summary of Stock Option Activity (Detail) - $ / shares		9 Months Ended	12 Months Ended
	Sep. 15, 2014	Dec. 31, 2014	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options outstanding at March 31, 2014		56,634	57,041
Options, Granted	1,146,457	1,146,457
Options issued, cancelled or expired			(407)
Options outstanding at December 31, 2014		1,203,091	56,634
Weighted Average Exercise Price at March 31, 2014		$ 19.38	$ 19.71
Weighted Average Exercise Price, Granted		20.00
Weighted Average Exercise Price, issued, cancelled or expired			66.23
Weighted Average Exercise Price at December 31, 2014		$ 19.96	$ 19.38

Stock Purchases Rights, Stock Options and Warrants - Schedule of Additional Information Regarding Stock Options Outstanding (Detail) - $ / shares	9 Months Ended	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years	9 years 3 months 29 days
Weighted Average Exercise Price	$ 19.96
Weighted Average Exercise Price of Shares Exercisable	$ 19.48
Number Outstanding	1,203,091
Options Exercisable	74,617
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		1 year 8 months 16 days
Weighted Average Exercise Price		$ 30.80
Number Outstanding		686,417	661,581
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		6 years 15 days
Weighted Average Exercise Price		$ 19.38
Weighted Average Exercise Price of Shares Exercisable		$ 20.56
Number Outstanding		56,634
Options Exercisable		47,487
$ 13.25 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years	5 years 11 months 16 days
Weighted Average Exercise Price	$ 13.25
Weighted Average Exercise Price of Shares Exercisable	$ 13.25
Number Outstanding	49,505
Options Exercisable	48,781
$ 13.25 [Member] \| Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		661,581
$ 13.25 [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		6 years 8 months 5 days
Weighted Average Exercise Price		$ 13.25
Weighted Average Exercise Price of Shares Exercisable		$ 13.25
Number Outstanding		48,298
Options Exercisable		39,151
$ 20.00 [ Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years	9 years 6 months 26 days
Weighted Average Exercise Price	$ 20.00
Weighted Average Exercise Price of Shares Exercisable	$ 20.00
Number Outstanding	1,145,250
Options Exercisable	17,500
$ 20.00 [ Member] \| Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		6,039
$ 20.00 [ Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		6,467
Options Exercisable		6,467
$ 49.67 [ Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years	1 year 9 months 4 days
Weighted Average Exercise Price	$ 49.67
Weighted Average Exercise Price of Shares Exercisable	$ 49.67
Number Outstanding	6,467
Options Exercisable	6,467
$ 49.67 [ Member] \| Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding		18,797
$ 49.67 [ Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		2 years 6 months 4 days
Weighted Average Exercise Price		$ 49.67
Weighted Average Exercise Price of Shares Exercisable		$ 49.67
$ 72.85 [ Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years	7 months 10 days
Weighted Average Exercise Price	$ 72.85
Weighted Average Exercise Price of Shares Exercisable	$ 72.85
Number Outstanding	1,869
Options Exercisable	1,869
$ 72.85 [ Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		1 year 4 months 10 days
Weighted Average Exercise Price		$ 72.85
Weighted Average Exercise Price of Shares Exercisable		$ 72.85
Number Outstanding		1,869
Options Exercisable		1,869
$ 26.49 [ Member] \| Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		1 year 9 months
Weighted Average Exercise Price		$ 26.49
$ 82.79 [ Member] \| Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		2 years 2 months 1 day
Weighted Average Exercise Price		$ 82.79
$ 165.57 [ Member] \| Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Remaining Life in Years		4 months 6 days
Weighted Average Exercise Price		$ 165.57

Stock Purchases Rights, Stock Options and Warrants - Summary of Warrant Activity (Detail) - $ / shares	9 Months Ended	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Warrants outstanding, beginning of period	686,417	690,947	695,477
Weighted Average Exercise Price at beginning of period	$ 30.80	$ 31.14	$ 31.47
Warrants converted into 29,809 shares of common stock	(661,581)
Issued, cancelled or expired	(18,797)	(4,530)	(4,530)
Warrants outstanding, end of period	6,039	686,417	690,947
Weighted Average Exercise Price at beginning of period	$ 30.80
Weighted Average Exercise Price warrants issued, cancelled or expired	165.57
Warrants, Weighted Average Exercise Price	82.79	$ 30.80
Weighted Average Exercise Price at end of period	$ 82.79	$ 30.80	$ 31.14

Stock Purchases Rights, Stock Options and Warrants - Summary of Warrant Activity (Parenthetical) (Detail)	9 Months Ended
	Dec. 31, 2014 shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of common stock shares issued by conversion of warrants	29,809

Stock Purchases Rights, Stock Options and Warrants - Schedule of Additional Information Regarding Warrants Outstanding (Detail) - $ / shares	9 Months Ended
	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Warrants, Exercise Price	$ 82.79	$ 30.80	$ 31.14	$ 31.47
Warrants, Number Outstanding	6,039	686,417	690,947	695,477
Warrants, Weighted Average Remaining Life in Years	1 year 5 months 1 day
Warrants, Weighted Average Exercise Price	$ 82.79

Supplemental Disclosure of Cash Flow Information - Additional Information (Detail) - USD ($)	9 Months Ended		12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Noncash or Part Noncash Acquisitions [Line Items]
Interest paid	$ 907,771	$ 0
Taxes paid	0	0	$ 3,710	$ 3,564
Repayment of working capital line	1,300,000
Redeemable Notes [Member]
Noncash or Part Noncash Acquisitions [Line Items]
Principal amount of redeemable notes converted	1,016,956
Accrued interest of redeemable notes converted	$ 537,924
Sprint APA [Member]
Noncash or Part Noncash Acquisitions [Line Items]
Business acquisition, common stock shares issued	500,000
Business acquisition, value of common stock shares issued	$ 10,000,000
Common Stock [Member]
Noncash or Part Noncash Acquisitions [Line Items]
Common stock issued in exchange of debt repayment	65,000
Common Stock [Member] \| Redeemable Notes [Member]
Noncash or Part Noncash Acquisitions [Line Items]
Common stock issued in exchange of debt repayment	77,734
Preferred Stock [Member]
Noncash or Part Noncash Acquisitions [Line Items]
Repayment of accounts payable liability		$ 9,000

Commitments - Additional Information (Detail)		1 Months Ended			3 Months Ended		9 Months Ended		12 Months Ended
Commitments - Additional Information (Detail)	Jul. 01, 2014 USD ($)	Feb. 28, 2015 Lease	Dec. 31, 2014 USD ($)	Nov. 30, 2014	Dec. 31, 2014 USD ($)	Dec. 31, 2013 USD ($)	Dec. 31, 2014 USD ($)	Dec. 31, 2013 USD ($)	Mar. 31, 2014 USD ($)	Mar. 31, 2013 USD ($)
Commitments And Contingencies [Line Items]
Lease rent expense					$ 21,790	$ 28,962	$ 83,087	$ 85,600	$ 113,920	$ 111,557
Decrease (increase) in rental expense as effect of straight line basis					9,644	$ 3,628	18,188	$ 24,987	17,088	$ (37,015)
Accumulated deferred rent payable			$ 18,023		$ 18,023		$ 18,023		$ 43,372
Chief Executive Officer [Member]
Commitments And Contingencies [Line Items]
Employment agreement expiration period									2 years
Employment agreement renewal period									1 year
Chief Technology Officer [Member]
Commitments And Contingencies [Line Items]
Employment agreement expiration period									2 years
Employment agreement renewal period									1 year
Subsequent Event [Member] \| Chief Executive Officer [Member]
Commitments And Contingencies [Line Items]
Base salary of chief executive officer	$ 350,000
Subsequent Event [Member] \| Chief Technology Officer [Member]
Commitments And Contingencies [Line Items]
Base salary of chief executive officer	$ 250,000
Newly Leased Office Space [Member]
Commitments And Contingencies [Line Items]
Lease expiry date				May 31, 2020
Lease effective date				Dec. 01, 2014
Extended lease expiry date			Jun. 30, 2019
Office Space [Member] \| Lease Agreements One [Member]
Commitments And Contingencies [Line Items]
Lease expiry date							Oct. 31, 2015		Feb. 28, 2015
Office Space [Member] \| Lease Agreements Two [Member]
Commitments And Contingencies [Line Items]
Lease expiry date							Jun. 30, 2019		Nov. 01, 2016
Office Space [Member] \| Lease Agreements Three [Member]
Commitments And Contingencies [Line Items]
Lease expiry date							May 31, 2020
Tower Space [Member] \| Subsequent Event [Member]
Commitments And Contingencies [Line Items]
Lease expiry date		Feb. 28, 2020
Number of leases \| Lease		2

Commitments - Aggregate Rentals, under Non-cancelable Leases for Office and Plant Space (Exclusive of Real Estate Taxes, Utilities, Maintenance and Other Costs) (Detail) - USD ($)	Dec. 31, 2014	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
2015 (3 months)	$ 65,398
2015		$ 126,764
2016	322,261	65,935
2017	352,868	35,715
2018	368,294
2019	391,449
After 2019	315,709
Total	$ 1,815,979	$ 228,414

Business Concentrations - Additional Information (Detail)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2014 Carriers	Dec. 31, 2013 Carriers	Dec. 31, 2014 Carriers	Dec. 31, 2013 Carriers	Mar. 31, 2014 Carriers Customer	Mar. 31, 2013 Carriers Customer
Sales Revenue, Services, Net [Member]
Concentration Risk [Line Items]
Number of carriers	3	3	3	3	3	2
Accounts Receivable [Member]
Concentration Risk [Line Items]
Number of carriers			3		3	2
Carriers One [Member] \| Sales Revenue, Services, Net [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	53.00%	39.00%	53.00%	50.00%	47.00%	70.00%
Carriers One [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			61.00%		43.00%	65.00%
Carriers Two [Member] \| Sales Revenue, Services, Net [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	28.00%	38.00%	28.00%	26.00%	31.00%	10.00%
Carriers Two [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			22.00%		33.00%	16.00%
Carriers Three [Member] \| Sales Revenue, Services, Net [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	3.00%	5.00%	3.00%	6.00%	6.00%
Carriers Three [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			2.00%		6.00%
Geographic Concentration Risk [Member] \| Sales Revenue, Services, Net [Member] \| Domestic Sales [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	97.00%	95.00%	97.00%	94.00%	94.00%	90.00%
Geographic Concentration Risk [Member] \| Sales Revenue, Services, Net [Member] \| International Sales [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	3.00%	5.00%	3.00%	6.00%	6.00%	10.00%
Geographic Concentration Risk [Member] \| Sales Revenue, Services, Net [Member] \| Mexico City [Member]
Concentration Risk [Line Items]
Concentration risk, percentage					100.00%	100.00%
Number of customer \| Customer					1	1

Subsequent Event - Additional Information (Detail)											1 Months Ended		2 Months Ended	3 Months Ended	9 Months Ended		12 Months Ended
Subsequent Event - Additional Information (Detail)	Feb. 11, 2015 $ / shares shares	Jan. 30, 2015 USD ($) $ / shares shares	Jan. 29, 2015 $ / shares shares	Jan. 26, 2015 shares	Jun. 30, 2014 $ / shares shares	Jun. 11, 2014 USD ($)	Jun. 10, 2014 USD ($) $ / shares shares	May 30, 2014 USD ($) $ / shares shares	May 15, 2014 USD ($)	May 12, 2014 shares	Sep. 30, 2014 USD ($) $ / shares	Jun. 30, 2014 USD ($) $ / shares shares	Jun. 30, 2014 $ / shares shares	Dec. 31, 2014 $ / shares shares	Dec. 31, 2014 USD ($) $ / shares shares	Sep. 30, 2014 USD ($) $ / shares shares	Mar. 31, 2014 $ / shares shares	Mar. 31, 2013 shares	Mar. 31, 2012 shares
Subsequent Event [Line Items]
Options to purchase common stock to employees and contractors														1,146,457	1,146,457
Exercise price of common stock to employees \| $ / shares														$ 20.00
Stock options, contractual life														10 years
Payments for deposits \| $															$ 13,500,000
Warrants outstanding to purchase preferred stock														6,039	6,039		686,417	690,947	695,477
Redeemable Notes [Member]
Subsequent Event [Line Items]
Redeemed convertible notes \| $											$ 1,016,956
Percentage of principal amount converted common stock															140.00%		140.00%
Conversion price, per share \| $ / shares														$ 20.00	$ 20.00		$ 20.00
Sprint APA [Member]
Subsequent Event [Line Items]
Resale of stock held by stockholders, shares															500,000
Sale of stock price per share \| $ / shares														$ 20.00	$ 20.00
Purchase of nationwide spectrum assets \| $															$ 100,000,000
Purchase payment by cash \| $															90,000,000
Stock issued during period value to purchase of assets \| $															$ 10,000,000
2014 Stock Plan [Member]
Subsequent Event [Line Items]
Common stock shares reserved for future issuance														1,200,000	1,200,000
Stock issued during period															1,750
First Anniversary [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees														25.00%
Second Anniversary [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees														25.00%
Third Anniversary [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees														25.00%
Fourth Anniversary [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees														25.00%
June 2014 Private Placement [Member]
Subsequent Event [Line Items]
Sale of stock, Shares							10,925,000
Sale of stock price per share \| $ / shares							$ 20.00
Net proceeds form sale of stock \| $							$ 202,000,000
Net proceeds held in trust \| $							$ 196,000,000
Shares issued upon conversion												29,809
Ratio of reverse stock split outstanding stock												0.030198241
Reverse stock split description															33.11451201-for-1 reverse stock split of all outstanding common stock		33.11451201-for-1 reverse stock split of all the company's outstanding stock
June 2014 Private Placement [Member] \| Redeemable Notes [Member]
Subsequent Event [Line Items]
Redeemed convertible notes \| $											$ 1,016,956	$ 1,016,956
Percentage of principal amount converted common stock											140.00%	140.00%
Conversion price, per share \| $ / shares					$ 20.00							$ 20.00	$ 20.00
Common Stock [Member]
Subsequent Event [Line Items]
Shares issued upon conversion															77,734
Preferred Stock Series AA [Member]
Subsequent Event [Line Items]
Warrants outstanding to purchase preferred stock														661,581	661,581
Preferred Stock Series AA [Member] \| June 2014 Private Placement [Member]
Subsequent Event [Line Items]
Shares issued upon conversion												748,722
Warrants outstanding to purchase preferred stock					661,581							661,581	661,581
Subsequent Event [Member]
Subsequent Event [Line Items]
Options to purchase common stock to employees and contractors					965,750							965,750	965,750
Exercise price of common stock to employees \| $ / shares													$ 20.00
Subsequent Event [Member] \| Sprint APA [Member]
Subsequent Event [Line Items]
Resale of stock held by stockholders, shares																500,000
Sale of stock price per share \| $ / shares											$ 20.00					$ 20.00
Purchase of nationwide spectrum assets \| $																$ 100,000,000
Purchase payment by cash \| $																90,000,000
Stock issued during period value to purchase of assets \| $																$ 10,000,000
Payments for deposits \| $						$ 13,500,000
Subsequent Event [Member] \| 2014 Stock Plan [Member]
Subsequent Event [Line Items]
Options to purchase common stock to employees and contractors	4,000		240,000
Exercise price of common stock to employees \| $ / shares	$ 46.23		$ 25
Stock options, contractual life	10 years		10 years
Number of shares vested			100,000
Number of shares remaining to vest			140,000
Subsequent Event [Member] \| 2014 Stock Plan [Member]
Subsequent Event [Line Items]
Common stock shares reserved for future issuance										1,200,000
Stock issued during period										82,054
Subsequent Event [Member] \| First Anniversary [Member] \| 2014 Stock Plan [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees	25.00%		25.00%
Subsequent Event [Member] \| Second Anniversary [Member] \| 2014 Stock Plan [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees	25.00%		25.00%
Subsequent Event [Member] \| Third Anniversary [Member] \| 2014 Stock Plan [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees	25.00%		25.00%
Subsequent Event [Member] \| Fourth Anniversary [Member] \| 2014 Stock Plan [Member]
Subsequent Event [Line Items]
Percentage of vesting for stock granted to employees	25.00%		25.00%
Subsequent Event [Member] \| June 2014 Private Placement [Member]
Subsequent Event [Line Items]
Sale of stock, Shares							10,925,000
Sale of stock price per share \| $ / shares							$ 20.00
Net proceeds form sale of stock \| $							$ 202,003,000
Net proceeds held in trust \| $							$ 195,665,400
Shares issued upon conversion								29,809
Ratio of reverse stock split outstanding stock					0.030198241
Subsequent Event [Member] \| June 2014 Private Placement [Member] \| Redeemable Notes [Member]
Subsequent Event [Line Items]
Redeemed convertible notes \| $								$ 1,016,956
Percentage of principal amount converted common stock								140.00%
Conversion price, per share \| $ / shares								$ 20.00
Subsequent Event [Member] \| January 2015 Private Placement [Member]
Subsequent Event [Line Items]
Sale of stock, Shares		57,270
Sale of stock price per share \| $ / shares		$ 25
Net proceeds form sale of stock \| $		$ 1,380,000
Subsequent Event [Member] \| Common Stock [Member]
Subsequent Event [Line Items]
Resale of stock held by stockholders, shares				11,925,000
Subsequent Event [Member] \| Preferred Stock Series AA [Member] \| June 2014 Private Placement [Member]
Subsequent Event [Line Items]
Shares issued upon conversion								748,722
Warrants outstanding to purchase preferred stock								661,581
Subsequent Event [Member] \| PDV Spectrum Holding Company, LLC [Member]
Subsequent Event [Line Items]
Stock issued during period value to purchase of assets \| $									$ 10,000,000
Subsequent Event [Member] \| PDV Spectrum Holding Company, LLC [Member] \| Common Stock [Member]
Subsequent Event [Line Items]
Resale of stock held by stockholders, shares				500,000

Summary of Revenue and Gross Profit (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Summary of Revenue and Gross Profit (Detail) - USD ($)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Revenue Recognition [Line Items]
Revenue	$ 653,437	$ 929,515	$ 2,143,707	$ 2,631,174	$ 3,539,595	$ 2,760,095
Cost of Revenue	283,043	294,942	790,687	823,347	1,124,121	825,834
Gross Profit	$ 552,580	$ 634,573	$ 1,565,571	$ 1,807,827	2,415,474	1,934,261
Originally reported [Member]
Revenue Recognition [Line Items]
Revenue					4,001,117	3,426,966
Cost of Revenue					1,585,643	1,492,705
Gross Profit					$ 2,415,474	$ 1,934,261

Pro-forma Capitalization of Company Assuming Private Placement and Sprint APA Deposit (Detail) - USD ($)	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Mar. 31, 2012
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Cash and cash equivalents	$ 122,729,111	$ 45,679	$ 28,808	$ 194,938	$ 29,135
Stockholders' equity (deficiency)
Common stock	1,247	12
Preferred stock		20,525,999		20,516,999
Additional paid-in capital	252,192,288	2,209,584
Accumulated deficit	(36,075,626)	(26,943,011)		(25,731,190)
Total stockholders' equity (deficiency)	$ 216,117,909	(4,207,416)		(3,083,652)	$ (1,933,672)
Pro Forma [Member]
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Cash and cash equivalents		7,212,140
Restricted cash		182,165,400
Long-term deposit		13,500,000
Stockholders' equity (deficiency)
Common stock		1,183
Additional paid-in capital		225,566,273
Accumulated deficit		(26,943,011)
Total stockholders' equity (deficiency)		198,624,445
Originally reported [Member]
Stockholders' equity (deficiency)
Common stock		1,182,962		1,182,962
Additional paid-in capital		1,026,634		$ 947,577
Total stockholders' equity (deficiency)		$ (4,207,416)

Label	Element	Value
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	$ 19.71