Anterix Inc. $(ATEX)$ has announced its first quarter fiscal 2026 results for the period ended June 30, 2025. The company reported approximately $137 million of contracted proceeds outstanding, with over $10 million received during the first fiscal quarter and an additional $70 million anticipated by the end of fiscal 2026. Anterix also exchanged narrowband for broadband licenses in 62 counties, recording a $33.9 million gain on the exchange. Additionally, broadband licenses covering 27 counties were delivered to customers, contributing a $1.0 million gain on their sale. The company's balance sheet remains strong with no debt and cash and cash equivalents of $41.4 million as of June 30, 2025. A restricted cash balance of $7.1 million is held in escrow deposits. Anterix continues to advance a pipeline of prospective contract opportunities valued at approximately $3 billion across over 60 potential customers. The company has an authorized share repurchase program of up to $250 million extending to September 21, 2026, with $227.7 million still remaining under the program as of the end of the first quarter fiscal 2026. There was no share repurchase activity during this period.