Liberty Broadband Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Discontinued Operations (Tables)

Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of details of discontinued operations


	December 31,
	2024
	amounts in millions
Assets
Total current assets	$	315
Property and equipment, net		1,150
Intangible assets not subject to amortization		1,346
Intangible assets subject to amortization, net		411
Other assets, net		165
Total assets		3,387

Liabilities and Equity
Total current liabilities		190
Long-term debt, net		1,066
Deferred income tax liabilities		360
Other liabilities		337
Total liabilities	$	1,953

Non-controlling interests	$	15


	Years ended December 31,
	2025		2024		2023

	amounts in millions
Revenue	$	566	1,016		981
Operating costs and expenses:
Operating expense (exclusive of depreciation and amortization shown separately below)		126	257		245
Selling, general and administrative, including stock-based compensation		212	410		394
Impairment of intangible assets		534	—		—
Depreciation and amortization		114	207		230
		986	874		869
Operating income (loss)		(420)	142		112
Other income (expense):
Interest expense (including amortization of deferred loan fees)		(24)	(49)		(51)
Other, net		5	6		4
Earnings (loss) from discontinued operations before income taxes		(439)	99		65
Income tax benefit (expense)		94	(26)		(25)
Net earnings (loss) from discontinued operations	$	(345)	73		40

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details