Business Combinations (Tables)

3 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Assets Acquired and Liabilities Assumed as of the Acquisition

The following table summarizes the fair value of the consideration transferred and the estimated fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date.


	October 31, 2022
Cash paid	$	36,930
Less: Note receivable from seller	501
Purchase consideration	$	36,429
Assets:
Cash	$	3,700
Accounts receivable and other receivable	3,606
Contract assets	18,830

Prepaid expenses and other current assets	3,100
Property, plant and equipment	5,656
Right-of-use assets	1,166
Intangible assets	13,935
Equity method investments	3,000
Total assets	52,993


	October 31, 2022
Liabilities:
Accounts payable	4,201
Short-term operating lease liabilities	199
Short-term finance lease liabilities	279
Accrued expenses	18,636
Deferred revenue	5,513
Other current liabilities	399
Long-term operating lease liabilities	908
Long-term finance lease liabilities	563
Deferred tax liabilities	2,727
Other non-current liabilities	281
Total liabilities	33,706
Fair value of net identifiable assets acquired	19,287
Less: Fair value of noncontrolling interests in ROS	215
Goodwill	$	17,357

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The following table summarizes the intangible assets acquired by class:


	October 31, 2022		Weighted average useful life in years

Technology	$	4,700	7
Customer relationships	7,400		30
Software	235		2
IPR&D	1,600
Total intangible assets	$	13,935

Schedule of Pro Forma Information

The table below presents the pro forma combined results of operations for the business combinations for the three months ended March 31, 2023 as though the acquisition of Space NV had been completed as of January 1, 2021.


	Three Months Ended
	March 31, 2022
Revenues	$	45,778
Net income (loss) attributable to Redwire Corporation	(16,985)