Redwire Corporation (RDW) Financial Statements (2025 and earlier)
Company Profile
Business Address |
8226 PHILIPS HIGHWAY, SUITE 101 JACKSONVILLE, FL 32256 |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 376 - Guided Missiles And Space Vehicles And Parts (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 30,832 | 32,569 | 30,278 | 10,859 | 11,231 | 11,273 | |||
Cash and cash equivalents | 30,832 | 32,569 | 30,278 | 10,859 | 11,231 | 11,273 | |||
Receivables | 22,719 | 19,624 | 33,047 | 25,329 | 26,180 | 24,169 | |||
Inventory, net of allowances, customer advances and progress billings | 1,825 | 1,612 | 1,516 | 1,687 | 1,281 | 1,452 | |||
Inventory | 1,825 | 1,612 | 1,516 | 1,687 | 1,281 | 1,452 | |||
Prepaid expense | 577 | 687 | 1,083 | 1,304 | 636 | 1,413 | |||
Contract with customer, asset, after allowance for credit loss | 42,909 | 39,554 | 36,961 | 39,779 | 43,290 | 40,741 | |||
Other undisclosed current assets | 6,451 | 5,869 | 6,428 | 5,464 | 6,545 | 5,704 | |||
Total current assets: | 105,313 | 99,915 | 109,313 | 84,422 | 89,163 | 84,752 | |||
Noncurrent Assets | |||||||||
Finance lease, right-of-use asset, after accumulated amortization | 1,551 | ||||||||
Operating lease, right-of-use asset | 11,495 | 12,350 | 13,181 | 14,041 | 14,892 | 12,956 | |||
Property, plant and equipment | 14,631 | 13,874 | 12,915 | ||||||
Long-term investments and receivables | 3,589 | 3,613 | 3,241 | 3,495 | 3,259 | ||||
Long-term investments | 3,589 | 3,613 | 3,241 | 3,495 | 3,259 | ||||
Intangible assets, net (including goodwill) | 126,973 | 127,314 | 128,742 | 127,382 | 129,403 | 130,243 | |||
Goodwill | 65,218 | 65,310 | 65,757 | 64,413 | 64,994 | 64,910 | |||
Intangible assets, net (excluding goodwill) | 61,755 | 62,004 | 62,985 | 62,969 | 64,409 | 65,333 | |||
Other noncurrent assets | 604 | 475 | 511 | 509 | 570 | 953 | |||
Other undisclosed noncurrent assets | 15,889 | 15,899 | 14,358 | ||||||
Total noncurrent assets: | 154,961 | 159,627 | 161,956 | 159,804 | 162,234 | 160,326 | |||
TOTAL ASSETS: | 260,274 | 259,542 | 271,269 | 244,226 | 251,397 | 245,078 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 56,420 | 58,793 | 51,475 | 51,863 | 51,197 | 50,338 | |||
Accounts payable | 27,796 | 28,059 | 18,573 | 14,185 | 16,890 | 14,063 | |||
Accrued liabilities | 28,624 | 30,734 | 32,902 | 37,678 | 34,307 | 36,275 | |||
Deferred revenue | 44,076 | 37,172 | 52,645 | 27,059 | 33,905 | 24,999 | |||
Debt | 1,241 | 1,231 | 1,817 | 2,340 | 1,162 | 2,035 | |||
Business combination, contingent consideration, liability | |||||||||
Other liabilities | 2,064 | 2,593 | 2,362 | 2,310 | 3,344 | 3,506 | |||
Other undisclosed current liabilities | 3,502 | 3,624 | 3,737 | 3,677 | 3,614 | 3,345 | |||
Total current liabilities: | 107,303 | 103,413 | 112,036 | 87,249 | 93,222 | 84,223 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 95,710 | 90,882 | 87,979 | 80,826 | 75,852 | 75,778 | |||
Long-term debt, excluding current maturities | 94,646 | 89,742 | 86,842 | 79,943 | 75,046 | 75,019 | |||
Finance lease, liability | 1,064 | 1,140 | 1,137 | 883 | 806 | 759 | |||
Liabilities, other than long-term debt | 13,454 | 14,311 | 15,104 | 15,668 | 17,409 | 15,971 | |||
Deferred income tax liabilities | 2,442 | 2,440 | 2,402 | 2,195 | 2,985 | 3,172 | |||
Other liabilities | 378 | 416 | 400 | 355 | 375 | 384 | |||
Operating lease, liability | 10,634 | 11,455 | 12,302 | 13,118 | 14,049 | 12,415 | |||
Other undisclosed noncurrent liabilities | 13,377 | 4,400 | 3,325 | 3,789 | 3,325 | 4,098 | |||
Total noncurrent liabilities: | 122,541 | 109,593 | 106,408 | 100,283 | 96,586 | 95,847 | |||
Total liabilities: | 229,844 | 213,006 | 218,444 | 187,532 | 189,808 | 180,070 | |||
Temporary equity, carrying amount | 108,696 | 96,106 | 96,106 | 85,395 | 85,395 | 76,365 | |||
Equity | |||||||||
Equity, attributable to parent | (78,266) | (49,792) | (43,509) | (28,851) | (24,034) | (11,585) | |||
Common stock | 7 | 7 | 7 | 6 | 6 | 6 | |||
Treasury stock, value | (1,007) | (1,007) | (951) | (629) | (381) | (381) | |||
Additional paid in capital | 180,716 | 190,858 | 188,323 | 195,500 | 192,962 | 200,084 | |||
Accumulated other comprehensive income | 1,996 | 2,236 | 2,903 | 1,775 | 2,629 | 2,492 | |||
Accumulated deficit | (259,978) | (241,886) | (233,791) | (225,503) | (219,250) | (213,786) | |||
Equity, attributable to noncontrolling interest | 222 | 228 | 150 | 228 | 228 | ||||
Total equity: | (78,266) | (49,570) | (43,281) | (28,701) | (23,806) | (11,357) | |||
TOTAL LIABILITIES AND EQUITY: | 260,274 | 259,542 | 271,269 | 244,226 | 251,397 | 245,078 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 78,111 | 87,792 | 63,485 | 62,612 | 60,098 | 57,605 | ||
Cost of revenue (Cost of Goods and Services Sold) | (65,127) | (72,967) | (52,754) | (45,495) | (44,194) | (43,388) | ||
Gross profit: | 12,984 | 14,825 | 10,731 | 17,117 | 15,904 | 14,217 | ||
Operating expenses | (19,836) | (18,402) | (17,488) | (19,834) | (19,756) | (16,426) | ||
Other undisclosed operating loss | (278) | (4) | (9) | |||||
Operating loss: | (7,130) | (3,577) | (6,757) | (2,717) | (3,856) | (2,218) | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (7,933) | (1,492) | 1,186 | (1,232) | 970 | (2,427) | ||
Interest and debt expense | (31) | (31) | (27) | (27) | (24) | (20) | ||
Loss from continuing operations before equity method investments, income taxes: | (15,094) | (5,100) | (5,598) | (3,976) | (2,910) | (4,665) | ||
Other undisclosed loss from continuing operations before income taxes | (2,978) | (2,887) | (2,735) | (2,602) | (2,640) | (2,624) | ||
Loss from continuing operations before income taxes: | (18,072) | (7,987) | (8,333) | (6,578) | (5,550) | (7,289) | ||
Income tax expense (benefit) | (15) | (109) | 117 | 253 | 85 | 31 | ||
Net loss: | (18,087) | (8,096) | (8,216) | (6,325) | (5,465) | (7,258) | ||
Net income (loss) attributable to noncontrolling interest | (5) | 1 | (72) | 72 | 1 | |||
Net loss attributable to parent: | (18,092) | (8,095) | (8,288) | (6,253) | (5,464) | (7,258) | ||
Preferred stock dividends and other adjustments | (9,699) | (3,043) | (7,981) | (2,874) | (4,800) | (4,366) | ||
Net loss available to common stockholders, diluted: | (27,791) | (11,138) | (16,269) | (9,127) | (10,264) | (11,624) |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (18,087) | (8,096) | (8,216) | (6,325) | (5,465) | (7,258) | ||
Comprehensive loss: | (18,087) | (8,096) | (8,216) | (6,325) | (5,465) | (7,258) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (5) | 1 | (72) | 72 | 1 | |||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (78) | (672) | 1,134 | (860) | 138 | 418 | ||
Comprehensive loss, net of tax, attributable to parent: | (18,170) | (8,767) | (7,154) | (7,113) | (5,326) | (6,840) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.