Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues $ 87,792 $ 57,605
Cost of sales 72,967 43,388
Gross margin 14,825 14,217
Operating expenses:    
Selling, general and administrative expenses 17,362 16,038
Transaction expenses 0 9
Research and development 1,040 388
Operating income (loss) (3,577) (2,218)
Interest expense, net 2,918 2,644
Other (income) expense, net 1,492 2,427
Income (loss) before income taxes (7,987) (7,289)
Income tax expense (benefit) 109 (31)
Net income (loss) (8,096) (7,258)
Net income (loss) attributable to noncontrolling interests (1) 0
Net income (loss) attributable to Redwire Corporation (8,095) (7,258)
Less: dividends on Convertible Preferred Stock 3,043 4,366
Net income (loss) available to common shareholders $ (11,138) $ (11,624)
Net income (loss) per common share:    
Basic (in dollars per share) $ (0.17) $ (0.18)
Diluted (in dollars per share) $ (0.17) $ (0.18)
Weighted-average shares outstanding:    
Basic (in shares) 65,572,286 64,280,631
Diluted (in shares) 65,572,286 64,280,631
Comprehensive income (loss):    
Net income (loss) attributable to Redwire Corporation $ (8,095) $ (7,258)
Foreign currency translation gain (loss), net of tax (672) 418
Total other comprehensive income (loss), net of tax (672) 418
Total comprehensive income (loss) $ (8,767) $ (6,840)