GlassBridge Enterprises, Inc. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018
Net revenue
Operating expenses:
Selling, general and administrative
AAM fund expenses
Intangible assets
Impairment charges
Restructuring and other
Total operating expenses
Operating loss from continuing operations

Other income (expense):
Interest expense
Net income (loss) from AAM fund activities
Realized loss on investments
Defined benefit plan adjustment
Unrealized gain on Arrive investment
Unrealized gain on SportBLX
Gain on Chapter 11 reorganization
Bank Loan forgiveness
Other income, net
Total other income

Income (loss) from continuing operations before income taxes
Income tax
Income (loss) from continuing operations
Discontinued operations:
Loss from discontinued operations, net of income taxes
Gain on sale of discontinued businesses, net of income taxes
Gain on sale and deconsolidation of discontinued business, net of income taxes
Net Income

Less: Net loss attributable to noncontrolling interest
Net income (loss)
Income (loss) per common share — basic and diluted:
Net Earnings
Continuing operations
Discontinued operations
Net income (loss)
Basic and diluted (in thousands)

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