10-Q Filing

REDWIRE CORP CIK: 1819810 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001193125-21-170023`
Period End Date	20210331
Filing Date	20210524
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	gnpk-20210331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 43 Income Statement 6 Cash Flow Statement 13 Stockholders Equity 8

Balance Sheet 43 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.30M	USD	Point-in-time
Cash	`Cash`	$1.19M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$185.01K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$146.20K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.33M	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrust`	$166.24M	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrust`	$166.27M	USD	Point-in-time
Total Assets	`Assets`	$167.72M	USD	Point-in-time
Total Assets	`Assets`	$167.60M	USD	Point-in-time
Preferred stock par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$193.81K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$125.00K	USD	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Due to related party	`AccountsPayableRelatedPartiesCurrent`	$2.50K	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$193.81K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.50K	USD	Point-in-time
Warrant liability	`WarrantLiabilityNoncurrent`	$36.10M	USD	Point-in-time
Warrant liability	`WarrantLiabilityNoncurrent`	$36.55M	USD	Point-in-time
Deferred underwriting discount	`DeferredUnderwritingDiscount`	$5.73M	USD	Point-in-time
Deferred underwriting discount	`DeferredUnderwritingDiscount`	$5.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$42.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$42.41M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption, 11,879,283 and 11,853,653 shares at $10.15 per share, respectively	`RedeemableNoncontrollingInterestEquityCommonRedemptionValue`	$120.31M	USD	Point-in-time
Class A ordinary shares subject to possible redemption, 11,879,283 and 11,853,653 shares at $10.15 per share, respectively	`RedeemableNoncontrollingInterestEquityCommonRedemptionValue`	$120.57M	USD	Point-in-time
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$17.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$17.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$167.72M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$167.60M	USD	Point-in-time

Income Statement 6 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$213.97K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-213.97K	USD	1 Quarter
Change in fair value of warrants	`FairValueAdjustmentOfWarrants`	$-445.67K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$28.46K	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$474.12K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$260.15K	USD	1 Quarter

Cash Flow Statement 13 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$260.15K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InterestIncomeSecuritiesUSTreasury`	$28.46K	USD	1 Quarter
Change in fair value of warrants	`FairValueAdjustmentOfWarrants`	$-445.67K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-38.81K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$68.81K	USD	1 Quarter
Due to related party	`DueToRelatedParty`	$-2.50K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-108.85K	USD	1 Quarter
Net Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-108.85K	USD	1 Quarter
Cash - Beginning	`CashAndCashEquivalentsAtCarryingValue`	$1.30M	USD	Point-in-time
Cash - Beginning	`CashAndCashEquivalentsAtCarryingValue`	$1.19M	USD	Point-in-time
Cash - Ending	`CashAndCashEquivalentsAtCarryingValue`	$1.30M	USD	Point-in-time
Cash - Ending	`CashAndCashEquivalentsAtCarryingValue`	$1.19M	USD	Point-in-time
Change in value of Class A ordinary shares subject to possible redemption	`ChangeInValueOfClassAOrdinarySharesSubjectToPossibleRedemption`	$-260.14K	USD	1 Quarter

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Beginning balance (Shares)	`SharesOutstanding`	4.09M	shares	Point-in-time
Change in Class A ordinary shares subject to possible redemption, Value	`StockIssuedDuringPeriodValueChangeInClassAOrdinarySharesSubjectToPossibleRedemption`	$-260.14K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$260.15K	USD	1 Quarter
Ending balance (Shares)	`SharesOutstanding`	4.09M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.