Redwire Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Property, Plant and Equipment, net (Tables)

12 Months Ended

Dec. 31, 2024

Expected useful lives for property, plant and equipment are reviewed at least annually. Estimated useful lives are as follows:


			Estimated useful life in years
Computer equipment			3
Furniture and fixtures			7
Laboratory equipment			3-10
Vehicles			5-7
Leasehold improvements			shorter of 5 or lease term
Assets subject to finance lease			lease term

Property, plant and equipment, net were as follows:



	December 31, 2024						December 31, 2023
	United States		Europe		Total		United States		Europe		Total
Computer equipment	$	2,690	$	695	$	3,385	$	1,755	$	559	$	2,314
Furniture and fixtures	1,409		36		1,445		1,181		39		1,220
Laboratory equipment	6,879		728		7,607		5,086		594		5,680

Leasehold improvements	2,576		4,410		6,986		2,764		4,683		7,447
Vehicles	81		—		81		—		—		—
Finance lease ROU assets	—		2,313		2,313		—		2,004		2,004
Construction in process	5,648		—		5,648		3,782		—		3,782
Property, plant and equipment, gross	19,283		8,182		27,465		14,568		7,879		22,447
Less: accumulated depreciation	(6,147)		(3,481)		(9,628)		(4,631)		(1,907)		(6,538)
Total property, plant and equipment, net	$	13,136	$	4,701	$	17,837	$	9,937	$	5,972	$	15,909

The table below presents the depreciation expense related to property, plant and equipment for the following periods: