| Condensed Balance Sheet |
| | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2025 | | Restricted Group | | Unrestricted Group | | Eliminations (a) | | CSC Holdings | | ASSETS | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Current assets | $ | 1,627,555 | | | $ | 433,473 | | | $ | (423,996) | | | $ | 1,637,032 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Long term assets | 9,067,171 | | | 20,005,634 | | | (1,899) | | | 29,070,906 | | | Total assets | $ | 10,694,726 | | | $ | 20,439,107 | | | $ | (425,895) | | | $ | 30,707,938 | |
| | | | | | | | | | | | | | | | | | | | | | | | | LIABILITIES AND MEMBER'S EQUITY (DEFICIENCY) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Current liabilities | $ | 1,104,672 | | | $ | 1,448,584 | | | $ | (437,716) | | | $ | 2,115,540 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Long-term debt | 21,841,184 | | | 4,304,188 | | | — | | | 26,145,372 | | | Long-term liabilities | 3,007,478 | | | 1,752,947 | | | (8,349) | | | 4,752,076 | | | | | | | | | | | Total liabilities | 25,953,334 | | | 7,505,719 | | | (446,065) | | | 33,012,988 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total member's equity (deficiency) | (15,258,608) | | | 12,905,013 | | | 26,617 | | | (2,326,978) | | | Noncontrolling interests | — | | | 28,375 | | | (6,447) | | | 21,928 | | | Total equity (deficiency) | (15,258,608) | | | 12,933,388 | | | 20,170 | | | (2,305,050) | | | Total liabilities and member's equity (deficiency) | $ | 10,694,726 | | | $ | 20,439,107 | | | $ | (425,895) | | | $ | 30,707,938 | |
| | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2024 | | Restricted Group | | Unrestricted Group | | Eliminations (a) | | CSC Holdings | | ASSETS | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Current assets | $ | 773,050 | | | $ | 358,100 | | | $ | (409,569) | | | $ | 721,581 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Long term assets | 10,782,713 | | | 20,203,037 | | | (920) | | | 30,984,830 | | | Total assets | $ | 11,555,763 | | | $ | 20,561,137 | | | $ | (410,489) | | | $ | 31,706,411 | |
| | | | | | | | | | | | | | | | | | | | | | | | | LIABILITIES AND MEMBER'S EQUITY (DEFICIENCY) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Current liabilities | $ | 1,314,432 | | | $ | 1,434,428 | | | $ | (421,483) | | | $ | 2,327,377 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Long-term debt | 23,344,591 | | | 1,527,424 | | | — | | | 24,872,015 | | | Long-term liabilities | 3,185,142 | | | 1,786,638 | | | (5,141) | | | 4,966,639 | | | | | | | | | | | Total liabilities | 27,844,165 | | | 4,748,490 | | | (426,624) | | | 32,166,031 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total member's equity (deficiency) | (16,288,402) | | | 15,796,020 | | | 20,359 | | | (472,023) | | | Noncontrolling interests | — | | | 16,627 | | | (4,224) | | | 12,403 | | | Total equity (deficiency) | (16,288,402) | | | 15,812,647 | | | 16,135 | | | (459,620) | | | Total liabilities and member's equity (deficiency) | $ | 11,555,763 | | | $ | 20,561,137 | | | $ | (410,489) | | | $ | 31,706,411 | |
(a)The “Eliminations” column primarily reflects the elimination of intercompany balances between the Restricted and Unrestricted Groups, including income tax receivables and payables, which are reflected on a net basis in consolidation at the CSC Holdings level. |
| Condensed Income Statement |
| | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2025 | | Restricted Group | | Unrestricted Group | | Eliminations (b) | | CSC Holdings | | Revenue | $ | 2,992,936 | | | $ | 5,612,340 | | | $ | (14,809) | | | $ | 8,590,467 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Operating expenses (a) | 4,278,337 | | | 4,449,550 | | | (14,809) | | | 8,713,078 | | | Operating income | (1,285,401) | | | 1,162,790 | | | — | | | (122,611) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other expense, net | (1,654,784) | | | (163,207) | | | (4,952) | | | (1,822,943) | | | Income (loss) before income taxes | (2,940,185) | | | 999,583 | | | (4,952) | | | (1,945,554) | | | Income tax benefit (expense) | 368,672 | | | (268,497) | | | — | | | 100,175 | | | Net income (loss) | (2,571,513) | | | 731,086 | | | (4,952) | | | (1,845,379) | | | Net loss (income) attributable to noncontrolling interests | — | | | (40,241) | | | 4,264 | | | (35,977) | | | Net income (loss) attributable to CSC Holdings, LLC sole member | $ | (2,571,513) | | | $ | 690,845 | | | $ | (688) | | | $ | (1,881,356) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2024 | | Restricted Group | | Unrestricted Group | | Eliminations (b) | | CSC Holdings | | Revenue | $ | 3,130,218 | | | $ | 5,840,746 | | | $ | (16,547) | | | $ | 8,954,417 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Operating expenses | 2,707,778 | | | 4,584,908 | | | (16,547) | | | 7,276,139 | | | Operating income | 422,440 | | | 1,255,838 | | | — | | | 1,678,278 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other expense, net | (1,666,602) | | | (94,447) | | | (2,921) | | | (1,763,970) | | | Income (loss) before income taxes | (1,244,162) | | | 1,161,391 | | | (2,921) | | | (85,692) | | | Income tax benefit (expense) | 269,117 | | | (260,845) | | | — | | | 8,272 | | | Net income (loss) | (975,045) | | | 900,546 | | | (2,921) | | | (77,420) | | | Net loss (income) attributable to noncontrolling interests | — | | | (27,562) | | | 2,921 | | | (24,641) | | | Net income (loss) attributable to CSC Holdings, LLC sole member | $ | (975,045) | | | $ | 872,984 | | | $ | — | | | $ | (102,061) | |
(a)Restricted Group operating expenses for 2025 include an impairment charge of $1,611,308 related to our indefinite-lived cable franchise rights (see Note 10). (b)The “Eliminations” column primarily reflects the elimination of intercompany transactions between the Restricted and Unrestricted Groups. |