10-Q Filing

REDWIRE CORP CIK: 1819810 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001819810-22-000106`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	rdw-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 84 Cash Flow Statement 88 Stockholders Equity 32

Balance Sheet 94 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
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.88M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.26M	USD	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`	$12.70M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$11.75M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$14.75M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$1.68M	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
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
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
Income tax receivable	`IncomeTaxesReceivable`	$688.00K	USD	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`	$2.82M	USD	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$692.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	63.25M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	63.25M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.07M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$45.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$55.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$19.38M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$5.82M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$12.08M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$90.84M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$57.72M	USD	Point-in-time
Goodwill	`Goodwill`	$96.31M	USD	Point-in-time
Goodwill	`Goodwill`	$56.75M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$756.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$261.76M	USD	Point-in-time
Total assets	`Assets`	$178.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.41M	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`	$780.00K	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`	-	USD	Point-in-time
Short-term lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$17.12M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$14.59M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.73M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.82M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.83M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$51.24M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$74.87M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$84.62M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$9.50M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$3.94M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$19.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$3.77M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$730.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$325.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$154.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$157.50M	USD	Point-in-time
Preferred stock, $0.0001 par value, 100,000,000 shares authorized; none issued and outstanding as of June 30, 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 June 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized; 63,253,836 and 62,690,869 issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.00K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized; 63,253,836 and 62,690,869 issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$183.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$191.71M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-170.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-75.91M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-383.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$103.00K	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$39.20M	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$21.10M	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`	$17.55M	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$33.40M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$178.60M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$261.76M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$63.85M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.15M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$69.59M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.73M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$29.75M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$47.76M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$57.44M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$23.53M	USD	1 Quarter
Gross margin	`GrossProfit`	$6.98M	USD	1 Quarter
Gross margin	`GrossProfit`	$8.61M	USD	1 Quarter
Gross margin	`GrossProfit`	$12.15M	USD	2 Qtrs
Gross margin	`GrossProfit`	$16.09M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.56M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$12.14M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$23.40M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$38.51M	USD	2 Qtrs
Contingent earnout expense	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpenses`	-	USD	2 Qtrs
Contingent earnout expense	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpenses`	$11.11M	USD	1 Quarter
Contingent earnout expense	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpenses`	$11.11M	USD	2 Qtrs
Contingent earnout expense	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpenses`	-	USD	1 Quarter
Transaction expenses	`BusinessCombinationTransactionExpenses`	$2.42M	USD	2 Qtrs
Transaction expenses	`BusinessCombinationTransactionExpenses`	$2.00K	USD	1 Quarter
Transaction expenses	`BusinessCombinationTransactionExpenses`	$48.00K	USD	1 Quarter
Transaction expenses	`BusinessCombinationTransactionExpenses`	$94.00K	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	$80.46M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$80.46M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$958.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.95M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.43M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.71M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-22.80M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-92.80M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-110.35M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-15.60M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.77M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.67M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-3.12M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-3.19M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$15.52M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$23.00K	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$14.34M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$110.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.96M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.26M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-99.14M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-78.95M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.93M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-4.81M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-2.39M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.36M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-94.32M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-77.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-23.57M	USD	2 Qtrs
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.22	USD	1 Quarter
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.63	USD	2 Qtrs
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.50	USD	2 Qtrs
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.22	USD	1 Quarter
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.50	USD	2 Qtrs
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.63	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.84M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.84M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.20M	shares	2 Qtrs
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-486.00K	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-179.00K	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-358.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-486.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-358.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-179.00K	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-94.81M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-15.85M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-77.39M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-23.75M	USD	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-94.32M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-77.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-23.57M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$7.06M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$4.89M	USD	2 Qtrs
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$132.00K	USD	2 Qtrs
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$207.00K	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	-	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$6.15M	USD	2 Qtrs
Contingent earnout expense not yet settled	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpensesNotYetSettled`	-	USD	2 Qtrs
Contingent earnout expense not yet settled	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpensesNotYetSettled`	$11.11M	USD	2 Qtrs
Discount on common stock issued under the committed equity facility	`DiscountOnCommonStockIssuedUnderCommittedEquityFacility`	$-38.00K	USD	2 Qtrs
Discount on common stock issued under the committed equity facility	`DiscountOnCommonStockIssuedUnderCommittedEquityFacility`	-	USD	2 Qtrs
Change in fair value of warrants	`FairValueAdjustmentOfWarrants`	$-15.15M	USD	2 Qtrs
Change in fair value of warrants	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Deferred provision (benefit) for income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-4.83M	USD	2 Qtrs
Deferred provision (benefit) for income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-2.48M	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	$80.46M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$80.46M	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	-	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$187.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-65.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-31.00K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.36M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.55M	USD	2 Qtrs
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$3.54M	USD	2 Qtrs
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$3.01M	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$1.00M	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$104.00K	USD	2 Qtrs
(Increase) decrease in prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	-	USD	2 Qtrs
(Increase) decrease in prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	$-2.13M	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$827.00K	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.45M	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.92M	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.51M	USD	2 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$101.00K	USD	2 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.29M	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$132.00K	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.41M	USD	2 Qtrs
Net cash provided by (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.58M	USD	2 Qtrs
Net cash provided by (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.08M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$38.73M	USD	2 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.32M	USD	2 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.90M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$175.00K	USD	2 Qtrs
Settlement of related party receivable	`RepaymentOfNotesReceivableFromRelatedParties`	$4.87M	USD	2 Qtrs
Settlement of related party receivable	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.19M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.07M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$5.19M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$2.29M	USD	2 Qtrs
Payment of debt issuance fees to third parties	`PaymentsOfDebtIssuanceCosts`	$62.00K	USD	2 Qtrs
Payment of debt issuance fees to third parties	`PaymentsOfDebtIssuanceCosts`	$770.00K	USD	2 Qtrs
Proceeds received from debt	`ProceedsFromIssuanceOfLongTermDebt`	$45.97M	USD	2 Qtrs
Proceeds received from debt	`ProceedsFromIssuanceOfLongTermDebt`	$10.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.22M	USD	2 Qtrs
Payment of committed equity facility transaction costs	`PaymentsOfCommittedEquityFacilityTransactionCosts`	$81.00K	USD	2 Qtrs
Payment of committed equity facility transaction costs	`PaymentsOfCommittedEquityFacilityTransactionCosts`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.08M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$40.71M	USD	2 Qtrs
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-132.00K	USD	2 Qtrs
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-64.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.64M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.69M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.08M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.88M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.39M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.52M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.08M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.88M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.39M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.52M	USD	Point-in-time
Interest	`InterestPaidNet`	$2.89M	USD	2 Qtrs
Interest	`InterestPaidNet`	$2.76M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Holdings contribution for acquisition of businesses	`NonCashParentContributionToAcquireBusiness`	$2.11M	USD	2 Qtrs
Holdings contribution for acquisition of businesses	`NonCashParentContributionToAcquireBusiness`	-	USD	2 Qtrs
Capital expenditures not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$154.00K	USD	2 Qtrs
Capital expenditures not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$1.25M	USD	2 Qtrs
Committed equity facility transaction costs not yet paid	`EquityIssuanceCostsNotYetPaid`	$651.00K	USD	2 Qtrs
Committed equity facility transaction costs not yet paid	`EquityIssuanceCostsNotYetPaid`	-	USD	2 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Units outstanding (in shares)	`CommonStockSharesOutstanding`	63.25M	shares	Point-in-time
Units outstanding (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Units outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$39.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$21.10M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$107.22M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$94.21M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$17.55M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$33.40M	USD	Point-in-time
Parents contributions	`AdjustmentsToAdditionalPaidInCapitalParentContributions`	$2.11M	USD	2 Qtrs
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.74M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.15M	USD	2 Qtrs
Common stock issued under the committed equity facility	`StockIssuedDuringPeriodValueNewIssues`	$1.26M	USD	1 Quarter
Common stock issued under the committed equity facility	`StockIssuedDuringPeriodValueNewIssues`	$1.26M	USD	2 Qtrs
Committed equity facility fee settled in common stock	`StockIssuedDuringPeriodValueIssuedForServices`	$756.00K	USD	2 Qtrs
Committed equity facility fee settled in common stock	`StockIssuedDuringPeriodValueIssuedForServices`	$756.00K	USD	1 Quarter
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-486.00K	USD	2 Qtrs
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-179.00K	USD	2 Qtrs
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-358.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-94.32M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-77.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-23.57M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$513.00K	USD	2 Qtrs
Other	`StockholdersEquityOther`	$513.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$39.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$21.10M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$107.22M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$94.21M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$17.55M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$33.40M	USD	Point-in-time

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