Liberty broadband corporation (LBRDA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Revenue:
Total Revenue

14,859

22,256

13,092

30,586

91,182

69,045

77,363

83,098

Operating costs and expenses
Operating, including stock-based compensation (note 6)

9,450

7,994

10,735

2,798

6,096

7,500

23,444

8,825

Cost of goods sold

-

-

-

-

-

-

-

9,189

Write-down of inventory

-

-

-

-

-

-

-

11,169

Selling, general and administrative, including stock-based compensation (note 6)

32,811

23,497

24,065

34,703

42,792

47,778

34,068

24,397

Research and development, including stock-based compensation

-

-

-

10,240

17,032

18,477

15,557

15,800

Gain on legal settlement

-

-

-

-

60,450

6,000

-

-

Impairment of intangible assets

-

-

-

-

20,669

35,221

-

-

Depreciation and amortization

1,875

2,779

3,770

4,005

6,088

9,043

4,382

5,839

Total operating costs and expenses

44,136

34,270

38,570

51,746

32,227

112,019

77,451

75,219

Operating income (loss)

-29,277

-12,014

-25,478

-21,160

58,955

-42,974

-88

7,879

Other income (expense):
Interest expense

25,166

23,302

19,570

14,956

7,424

1,138

-

-

Dividend and interest income

-

-

-

5,020

3,797

5,426

6,878

5,415

Share of earnings (losses) of affiliates (note 4)

286,401

166,146

2,508,991

641,544

-120,962

-127,573

-76,090

-

Gain (loss) on dilution of investment in affiliate (note 4)

-79,329

-43,575

-17,872

770,766

-7,198

-87,158

-92,933

-

Realized and unrealized gains (losses) on financial instruments, net (note 4)

1,170

3,659

3,098

94,122

2,619

51,189

97,860

57,582

Other, net

1,359

963

1,431

336

158

-63

-53

-117

Earnings (loss) before income taxes

155,158

91,877

2,450,600

1,475,672

-70,055

-202,291

-64,426

70,759

Income tax benefit (expense)

37,942

21,924

416,933

558,369

-19,868

-67,686

-22,698

26,856

Net earnings (loss) from continuing operations

-

-

-

-

-

-

-

43,903

Earnings (loss) from discontinued operations

-

-

-

-

-

-

-

133

Net earnings (loss)

-

-

-

-

-

-

-

44,036

Less net earnings (loss) attributable to the noncontrolling interests

-

-

-

-

-

-

-

-160

Net earnings (loss) attributable to Liberty Broadband shareholders

117,216

69,953

2,033,667

917,303

-50,187

-134,605

-41,728

44,196

Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2)

0.65

0.39

11.19

6.03

-0.49

-1.52

-0.47

0.50

Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2)

0.64

0.38

11.10

6.00

-0.49

-1.52

-0.47

0.50

Software sales
Total Revenue

14,859

22,256

12,320

28,597

10,364

8,428

-

-

Service
Total Revenue

-

-

772

1,858

76,139

58,426

61,264

64,113

Other
Revenue

-

-

-

131

4,679

2,191

16,099

18,985