10-Q Filing

REDWIRE CORP CIK: 1819810 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001819810-22-000037`
Period End Date	20220331
Filing Date	20220513
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	rdw-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 38 Cash Flow Statement 73 Stockholders Equity 19

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.94M	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.52M	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$11.98M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.26M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$11.75M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$17.49M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$688.00K	USD	Point-in-time
Inventory	`InventoryNet`	$1.02M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$688.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$688.00K	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.69M	shares	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$1.75M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.69M	shares	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$2.82M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.59M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.49M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$43.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$55.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.79M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$19.38M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$12.98M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.10M	USD	Point-in-time
Goodwill	`Goodwill`	$96.23M	USD	Point-in-time
Goodwill	`Goodwill`	$96.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$90.84M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$88.35M	USD	Point-in-time
Total assets	`Assets`	$259.82M	USD	Point-in-time
Total assets	`Assets`	$261.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.13M	USD	Point-in-time
Notes payable to sellers	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$1.00M	USD	Point-in-time
Notes payable to sellers	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$1.00M	USD	Point-in-time
Short-term debt, including current portion of long-term debt	`LongTermDebtCurrent`	$1.54M	USD	Point-in-time
Short-term debt, including current portion of long-term debt	`LongTermDebtCurrent`	$2.68M	USD	Point-in-time
Short-term lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.87M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$17.12M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$19.32M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.73M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$13.93M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.57M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$53.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$51.24M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$74.75M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$74.87M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$10.37M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$20.34M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$19.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$5.67M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.60M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$609.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$730.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$154.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$165.61M	USD	Point-in-time
Preferred stock, $0.0001 par value, 100,000,000 shares authorized; none issued and outstanding as of March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 100,000,000 shares authorized; none issued and outstanding as of March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized; 62,690,869 issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$6.00K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized; 62,690,869 issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$183.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$187.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-93.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-75.91M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$103.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.00K	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$107.22M	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$94.21M	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$33.40M	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$39.20M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$259.82M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$261.76M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$31.70M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.87M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$27.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$24.22M	USD	1 Quarter
Gross margin	`GrossProfit`	$7.48M	USD	1 Quarter
Gross margin	`GrossProfit`	$5.17M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$11.26M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$20.95M	USD	1 Quarter
Transaction expenses	`BusinessCombinationTransactionExpenses`	$46.00K	USD	1 Quarter
Transaction expenses	`BusinessCombinationTransactionExpenses`	$2.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.72M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$996.00K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-7.19M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-17.55M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.42M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.45M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.18M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-87.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.70M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.18M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.03M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-2.89M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-7.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-17.29M	USD	1 Quarter
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.21	USD	1 Quarter
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.28	USD	1 Quarter
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.21	USD	1 Quarter
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.28	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.20M	shares	1 Quarter
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-231.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-231.00K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-17.42M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-7.91M	USD	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-7.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-17.29M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$2.27M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$3.66M	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$59.00K	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$79.00K	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$4.41M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	-	USD	1 Quarter
Change in fair value of warrants	`FairValueAdjustmentOfWarrants`	$1.24M	USD	1 Quarter
Change in fair value of warrants	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Deferred provision (benefit) for income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-2.89M	USD	1 Quarter
Deferred provision (benefit) for income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.03M	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$116.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$5.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.27M	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.05M	USD	1 Quarter
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$5.75M	USD	1 Quarter
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$2.67M	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$337.00K	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$20.00K	USD	1 Quarter
(Increase) decrease in prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	$-1.07M	USD	1 Quarter
(Increase) decrease in prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	-	USD	1 Quarter
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.12M	USD	1 Quarter
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.32M	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.14M	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.08M	USD	1 Quarter
Increase (decrease) in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-43.00K	USD	1 Quarter
Increase (decrease) in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.80M	USD	1 Quarter
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.45M	USD	1 Quarter
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-35.00K	USD	1 Quarter
Increase (decrease) in notes payable to seller	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	-	USD	1 Quarter
Increase (decrease) in notes payable to seller	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	$124.00K	USD	1 Quarter
Net cash provided by (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.53M	USD	1 Quarter
Net cash provided by (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.45M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$38.38M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$576.00K	USD	1 Quarter
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$892.00K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$122.00K	USD	1 Quarter
Settlement of related party receivable	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	1 Quarter
Settlement of related party receivable	`RepaymentOfNotesReceivableFromRelatedParties`	$4.87M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.01M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.09M	USD	1 Quarter
Repayments of loans	`RepaymentsOfLongTermDebt`	$4.99M	USD	1 Quarter
Repayments of loans	`RepaymentsOfLongTermDebt`	$1.34M	USD	1 Quarter
Payment of loan fees to third parties	`PaymentsOfDebtIssuanceCosts`	$770.00K	USD	1 Quarter
Payment of loan fees to third parties	`PaymentsOfDebtIssuanceCosts`	$60.00K	USD	1 Quarter
Proceeds received from loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds received from loans	`ProceedsFromIssuanceOfLongTermDebt`	$45.97M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$40.92M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.11M	USD	1 Quarter
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-158.00K	USD	1 Quarter
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-18.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.85M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.59M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.52M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.94M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.08M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.52M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.08M	USD	Point-in-time
Interest	`InterestPaidNet`	$1.24M	USD	1 Quarter
Interest	`InterestPaidNet`	$1.41M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Holdings contribution for acquisition of businesses	`NonCashParentContributionToAcquireBusiness`	$2.11M	USD	1 Quarter
Holdings contribution for acquisition of businesses	`NonCashParentContributionToAcquireBusiness`	-	USD	1 Quarter
Capital expenditures not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$90.00K	USD	1 Quarter
Capital expenditures not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$1.21M	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Units outstanding (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Units outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Units outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$107.22M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$94.21M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$33.40M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$39.20M	USD	Point-in-time
Parents contributions	`AdjustmentsToAdditionalPaidInCapitalParentContributions`	$2.11M	USD	1 Quarter
Parents contributions	`AdjustmentsToAdditionalPaidInCapitalParentContributions`	-	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.41M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	-	USD	1 Quarter
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-231.00K	USD	1 Quarter
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-7.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-17.29M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$107.22M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$94.21M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$33.40M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$39.20M	USD	Point-in-time

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