Iridium(IRDM) - 2023 Q4 - Earnings Call Presentation

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