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)

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 investments30,83232,56930,27810,85911,23111,273
Cash and cash equivalents30,83232,56930,27810,85911,23111,273
Receivables22,71919,62433,04725,32926,18024,169
Inventory, net of allowances, customer advances and progress billings1,8251,6121,5161,6871,2811,452
Inventory1,8251,6121,5161,6871,2811,452
Prepaid expense5776871,0831,3046361,413
Contract with customer, asset, after allowance for credit loss42,90939,55436,96139,77943,29040,741
Other undisclosed current assets6,4515,8696,4285,4646,5455,704
Total current assets:105,31399,915109,31384,42289,16384,752
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   1,551   
Operating lease, right-of-use asset11,49512,35013,18114,04114,89212,956
Property, plant and equipment    14,63113,87412,915
Long-term investments and receivables  3,5893,6133,2413,4953,259
Long-term investments  3,5893,6133,2413,4953,259
Intangible assets, net (including goodwill)126,973127,314128,742127,382129,403130,243
Goodwill65,21865,31065,75764,41364,99464,910
Intangible assets, net (excluding goodwill)61,75562,00462,98562,96964,40965,333
Other noncurrent assets604475511509570953
Other undisclosed noncurrent assets15,88915,89914,358   
Total noncurrent assets:154,961159,627161,956159,804162,234160,326
TOTAL ASSETS:260,274259,542271,269244,226251,397245,078
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities56,42058,79351,47551,86351,19750,338
Accounts payable27,79628,05918,57314,18516,89014,063
Accrued liabilities28,62430,73432,90237,67834,30736,275
Deferred revenue44,07637,17252,64527,05933,90524,999
Debt1,2411,2311,8172,3401,1622,035
Business combination, contingent consideration, liability      
Other liabilities2,0642,5932,3622,3103,3443,506
Other undisclosed current liabilities3,5023,6243,7373,6773,6143,345
Total current liabilities:107,303103,413112,03687,24993,22284,223
Noncurrent Liabilities
Long-term debt and lease obligation95,71090,88287,97980,82675,85275,778
Long-term debt, excluding current maturities94,64689,74286,84279,94375,04675,019
Finance lease, liability1,0641,1401,137883806759
Liabilities, other than long-term debt13,45414,31115,10415,66817,40915,971
Deferred income tax liabilities2,4422,4402,4022,1952,9853,172
Other liabilities378416400355375384
Operating lease, liability10,63411,45512,30213,11814,04912,415
Other undisclosed noncurrent liabilities13,3774,4003,3253,7893,3254,098
Total noncurrent liabilities:122,541109,593106,408100,28396,58695,847
Total liabilities:229,844213,006218,444187,532189,808180,070
Temporary equity, carrying amount108,69696,10696,10685,39585,39576,365
Equity
Equity, attributable to parent(78,266)(49,792)(43,509)(28,851)(24,034)(11,585)
Common stock777666
Treasury stock, value(1,007)(1,007)(951)(629)(381)(381)
Additional paid in capital180,716190,858188,323195,500192,962200,084
Accumulated other comprehensive income1,9962,2362,9031,7752,6292,492
Accumulated deficit(259,978)(241,886)(233,791)(225,503)(219,250)(213,786)
Equity, attributable to noncontrolling interest  222228150228228
Total equity:(78,266)(49,570)(43,281)(28,701)(23,806)(11,357)
TOTAL LIABILITIES AND EQUITY:260,274259,542271,269244,226251,397245,078

Income Statement (P&L) ($ in thousands)

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
Revenues78,11187,79263,48562,61260,09857,605
Cost of revenue
(Cost of Goods and Services Sold)
(65,127)(72,967)(52,754)(45,495)(44,194)(43,388)
Gross profit:12,98414,82510,73117,11715,90414,217
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)1172538531
Net loss:(18,087)(8,096)(8,216)(6,325)(5,465)(7,258)
Net income (loss) attributable to noncontrolling interest (5)1(72)721 
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)

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)721 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(78)(672)1,134(860)138418
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.

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