v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenues $ 57,605 $ 32,867
Cost of sales 43,388 27,696
Gross margin 14,217 5,171
Operating expenses:    
Selling, general and administrative expenses 16,038 20,951
Transaction expenses 9 46
Research and development 388 1,724
Operating income (loss) (2,218) (17,550)
Interest expense, net 2,644 1,452
Other (income) expense, net 2,427 1,180
Income (loss) before income taxes (7,289) (20,182)
Income tax expense (benefit) (31) (2,889)
Net income (loss) (7,258) (17,293)
Net income (loss) attributable to noncontrolling interests 0 0
Net income (loss) attributable to Redwire Corporation $ (7,258) $ (17,293)
Net income (loss) per common share:    
Net income (loss) per share, basic (in dollars per share) [1] $ (0.18) $ (0.28)
Net income (loss) per share, diluted (in dollars per share) [1] $ (0.18) $ (0.28)
Comprehensive income (loss):    
Net income (loss) $ (7,258) $ (17,293)
Foreign currency translation gain (loss), net of tax 418 (128)
Total other comprehensive income (loss), net of tax 418 (128)
Total comprehensive income (loss) $ (6,840) $ (17,421)
[1] Please refer to Note O – Net Income (Loss) per Common Share for additional information.