Redwire Corporation General form of registration statement for all companies including face-amount certificate companies

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Expected useful lives are reviewed at least annually. Estimated useful lives are as follows:


		Estimated useful
Property, plant and equipment		life in years
Computer equipment		3
Furniture and fixtures		7
Laboratory equipment		3-10
Software		3-5
Leasehold improvements		5 or lease term

Note G – Property, Plant and Equipment, net

The property, plant and equipment, net balances were as follows:


	Successor
	December 31,		December 31,
	2021		2020
Computer equipment	$	1,380	$	739
Furniture and fixtures		783		442
Laboratory equipment		16,856		1,357
Software		—		359
Leasehold improvements		2,205		672
Construction in process		415		—
Less: accumulated depreciation		(2,255)		(307)
Total property, plant and equipment, net	$	19,384	$	3,262

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

The table below presents the advertising cost for the following periods: