Redwire Corporation Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

3 Months Ended

Mar. 31, 2023

The following table summarizes total lease costs for the period:



	Three Months Ended
		March 31, 2023		March 31, 2022
Finance lease cost:
Amortization of ROU assets		$	85	$	—
Interest on lease liabilities		20		—
Operating lease costs		955		723

Short-term lease costs		81		94
Total lease costs		$	1,141	$	817

The following table presents other supplemental information related to the Company’s leases:


	Three Months Ended
	March 31, 2023						March 31, 2022
	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Cash paid for lease liabilities	$	973		$	100		$	607		$	—
Right-of-use assets obtained in exchange for new lease liabilities	577			300			3,629			—

Weighted average remaining lease term (in years)	4.6			3.4			3.2			0.0
Weighted average discount rate	5.6		%	8.9		%	4.2		%	—		%