Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 47-1211994 ( ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 47-1211994 ...

Financial Performance - GCI Holdings reported revenue of $6 million, $18 million, and $17 million for the years ended December 31, 2022, 2021, and 2020, respectively, related to Skyhook [404]. - GCI Holdings' revenue for the year ended December 31, 2022, was $969 million, remaining relatively flat compared to $970 million in 2021 [435]. - Charter's revenue increased by $2.3 billion (4.4%) in 2022, reaching $54.022 billion, compared to $51.682 billion in 2021 [452]. - Adjusted OIBDA rose to $21.335 billion in 2022, up from $20.301 billion in 2021, reflecting a growth of 5.1% [452]. - Net income for 2022 was $5.849 billion, an increase of 9.9% from $5.320 billion in 2021 [452]. - Total revenue for the year ended December 31, 2022, was $969 million, a slight decrease from $970 million in 2021 [511]. Operating Expenses and Income - Consolidated operating loss decreased to $39 million for the year ended December 31, 2022, from a loss of $98 million in 2021 [439]. - Operating income for 2022 was $54 million, down from $72 million in 2021, indicating a decline in profitability [511]. - Operating expenses, excluding stock-based compensation, increased by $1.3 billion (4.1%) in 2022, totaling $32.687 billion [453]. - Selling, general and administrative expenses rose by $17 million to $361 million in 2022, primarily due to increased labor costs [522]. Cash Flow and Investments - Cash flow from operating activities was negative $56 million in 2022, a decrease from positive $3 million in 2021 [476]. - Net cash provided by investing activities was $3.047 billion in 2022, down from $4.062 billion in 2021 [476]. - Capital expenditures were $181 million in 2022, compared to $134 million in 2021 [479]. - The projected uses of cash include approximately $185 million for net capital expenditures and $175 million for interest payments on outstanding debt [485]. - Total material cash requirements amount to $5.723 billion, with $3.817 billion related to debt obligations due [487]. Debt and Interest - Interest expense increased by $16 million to $133 million for the year ended December 31, 2022, driven by higher interest rates on variable rate debt [448]. - Variable rate debt amounted to $402 million with a weighted average interest rate of 5.9% as of December 31, 2022 [532]. Customer Growth and Services - Charter added 1,728,000 mobile lines, 344,000 Internet customers, and 126,000 residential and Small and Medium Business customer relationships in 2022 [431]. - GCI Holdings provides a full range of services including data, wireless, video, voice, and managed services primarily in Alaska [507]. - Consumer data revenue increased by $17 million to $231 million in 2022, driven by subscriber growth and higher plan selections [512]. - Business data revenue increased by $27 million to $395 million in 2022, attributed to service upgrades and new customer growth [515]. - Wireless lines in service reached 191,100 as of December 31, 2022, up from 185,200 in 2021, reflecting a growth in subscriber base [509]. Legal and Regulatory Matters - GCI Holdings recorded an estimated liability for a probable loss of approximately $12 million in 2019, with an additional estimated settlement expense of $15 million recorded during the year ended December 31, 2022, resulting in a total estimated liability of $27 million [425]. - The FCC's decision to reduce rural rates charged to RHC customers by approximately 26% resulted in a reduction of total support payments of $28 million [415]. - GCI Holdings recorded a $14 million estimated settlement expense related to a DOJ investigation for the year ended December 31, 2022 [427]. - Litigation settlement expenses increased by $29 million in 2022, reflecting compliance-related liabilities [525]. - The company has contingent liabilities related to legal and tax proceedings, but specific loss estimates cannot be made [486]. Economic Conditions and Market Influences - GCI Holdings' business growth is significantly influenced by economic conditions in Alaska, which are dependent on the oil industry, state and federal spending, investment earnings, and tourism [412]. - The ongoing economic disruptions due to inflation and recessionary fears could negatively impact GCI Holdings' affordability and demand for its products and services [411]. - GCI Holdings must stay abreast of rapidly evolving technological developments to remain competitive and enhance the utility of its products and services [409]. - The RHC program has a funding cap that is annually adjusted for inflation, which management continues to monitor for its potential impact on funding in future years [419]. Shareholder Activities - Liberty Broadband owns approximately 47.2 million shares of Charter Class A common stock, representing an approximate 30.9% economic ownership interest in Charter's issued and outstanding shares [406]. - In 2022, net cash flows from investing activities included the sale of 6,168,174 shares of Charter Class A common stock for $3.0 billion, maintaining a fully diluted ownership percentage of 26% [479]. - Net cash flows used in financing activities in 2022 were primarily for repurchases of Series A and Series C Liberty Broadband common stock totaling $2.9 billion, partially offset by net borrowings of approximately $100 million [482]. - In 2021, net cash flows used in financing activities included repurchases of Series A and Series C common stock totaling $4.3 billion and net debt repayments of $700 million [483]. - The company expects Charter Repurchases to be a significant source of liquidity in future periods [479].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 47-1211 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q State of Delaware 47-1211994 (State or other jurisdiction of incorporation or organization) 12300 Liberty Boulevard Englewood, Colorado ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission F ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 47-1211994 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware (State or other ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 47-1211 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 47-1211994 ( ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36713 LIBERTY BROADBAND CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 47-1211994 ...