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Iridium(IRDM) - 2023 Q4 - Earnings Call Presentation

2 IRIDIUM PROPRIETARY BUSINESS INFORMATION Reconciliation of GAAP Net Income to OEBITDA | --- | --- | --- | |--------------------------------|-------|---------| | (Millions)20222023GAAPNetIncomeMillions) | 2022 | 2023 | | GAAP Net Income | 9 | 6InterestExpense,Net6 | | Interest Expense, Net | 65 | 90IncomeTaxBenefit90 | | Income Tax Benefit | 0 | ( 16) | | Depreciation & Amortization | 303 | 320IridiumNEXTExpenses,net320 | | Iridium NEXT Expenses, net | 0 | 0SharebasedCompensation0 | | Share-based Compensation | 44 | 57LossonExtinguishmentofDebt57 | | Loss on Extinguishment of Debt | 1 | $ 0 | | Loss on Equity Investments ...