$LBRDA
Liberty Broadband Corp

2021 Q1 Form 10-Q Financial Statement

#000155837021006448 Filed on May 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $247.0M $4.104M
YoY Change 5918.52% 18.68%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $105.0M $8.418M
YoY Change 1147.33% 21.33%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $64.00M $493.0K
YoY Change 12881.74% 5.34%
% of Gross Profit
Operating Expenses $105.0M $8.418M
YoY Change 1147.33% 21.33%
Operating Profit -$101.0M -$7.275M
YoY Change 1288.32% 17.32%
Interest Expense $33.00M $5.861M
YoY Change 463.04% -10.42%
% of Operating Profit
Other Income/Expense, Net -$8.000M $163.0K
YoY Change -5007.98% -61.47%
Pretax Income $64.00M -$10.62M
YoY Change -702.86% -43.76%
Income Tax $12.00M -$2.774M
% Of Pretax Income 18.75%
Net Earnings $52.00M -$7.842M
YoY Change -763.1% -45.16%
Net Earnings / Revenue 21.05% -191.08%
Basic Earnings Per Share $0.27 -$0.04
Diluted Earnings Per Share $0.27 -$0.04
COMMON SHARES
Basic Shares Outstanding 194.0M 181.9M
Diluted Shares Outstanding 196.0M 182.8M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.177B $18.00M
YoY Change 6438.89% -75.34%
Cash & Equivalents $1.177B $18.36M
Short-Term Investments
Other Short-Term Assets $82.95M $2.665M
YoY Change 3012.72% 166.5%
Inventory
Prepaid Expenses
Receivables $201.0M
Other Receivables $0.00
Total Short-Term Assets $1.461B $21.02M
YoY Change 6851.49% -71.59%
LONG-TERM ASSETS
Property, Plant & Equipment $1.072B
YoY Change
Goodwill $764.7M
YoY Change
Intangibles
YoY Change
Long-Term Investments $15.74B $12.19B
YoY Change 29.04% 1.63%
Other Assets $160.5M $9.406M
YoY Change 1606.0% -5.94%
Total Long-Term Assets $19.03B $12.20B
YoY Change 55.93% 1.62%
TOTAL ASSETS
Total Short-Term Assets $1.461B $21.02M
Total Long-Term Assets $19.03B $12.20B
Total Assets $20.49B $12.23B
YoY Change 67.61% 1.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $198.0M $4.000M
YoY Change 4850.0% 33.33%
Accrued Expenses
YoY Change
Deferred Revenue $22.24M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $29.43M
YoY Change
Total Short-Term Liabilities $676.1M $8.110M
YoY Change 8236.45% 35.17%
LONG-TERM LIABILITIES
Long-Term Debt $4.557B $573.0M
YoY Change 695.32% 9.56%
Other Long-Term Liabilities $140.9M $4.100M
YoY Change 3336.83% 36.67%
Total Long-Term Liabilities $4.698B $4.100M
YoY Change 114487.37% -99.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $676.1M $8.110M
Total Long-Term Liabilities $4.698B $4.100M
Total Liabilities $7.681B $1.578B
YoY Change 386.69% 5.63%
SHAREHOLDERS EQUITY
Retained Earnings $3.218B $2.760B
YoY Change 16.58%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.80B $10.65B
YoY Change
Total Liabilities & Shareholders Equity $20.49B $12.23B
YoY Change 67.61% 1.18%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $52.00M -$7.842M
YoY Change -763.1% -45.16%
Depreciation, Depletion And Amortization $64.00M $493.0K
YoY Change 12881.74% 5.34%
Cash From Operating Activities $193.0M -$14.50M
YoY Change -1430.94% 25.43%
INVESTING ACTIVITIES
Capital Expenditures $28.00M $15.00K
YoY Change 186566.67% -11.76%
Acquisitions
YoY Change
Other Investing Activities -$141.0K -$14.90M
YoY Change -99.05%
Cash From Investing Activities $490.0M -$14.93M
YoY Change -3383.08% 87694.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $738.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -923.0M -1.941M
YoY Change 47452.81% -217.42%
NET CHANGE
Cash From Operating Activities 193.0M -14.50M
Cash From Investing Activities 490.0M -14.93M
Cash From Financing Activities -923.0M -1.941M
Net Change In Cash -240.0M -31.37M
YoY Change 665.14% 216.04%
FREE CASH FLOW
Cash From Operating Activities $193.0M -$14.50M
Capital Expenditures $28.00M $15.00K
Free Cash Flow $165.0M -$14.52M
YoY Change -1236.68% 25.38%

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CY2021Q1 us-gaap Litigation Settlement Expense
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CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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