10-K Filing

REDWIRE CORP CIK: 1819810 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001819810-23-000020`
Period End Date	20221231
Filing Date	20230331
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	rdw-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 115 Income Statement 44 Cash Flow Statement 98 Stockholders Equity 31

Balance Sheet 115 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	88,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.32M	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	88,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.52M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.26M	USD	Point-in-time
Convertible preferred stock issued (in shares)	`TemporaryEquitySharesIssued`	81,250.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$26.73M	USD	Point-in-time
Convertible preferred stock issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	81,250.00	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$31.04M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$11.75M	USD	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	$162.50M	USD	Point-in-time
Inventory	`InventoryNet`	$688.00K	USD	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
Inventory	`InventoryNet`	$1.47M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$688.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$688.00K	USD	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$2.24M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$2.82M	USD	Point-in-time
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`	99.91M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.69M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.49M	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	99.91M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$96.17M	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
Total current assets	`AssetsCurrent`	$55.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$19.38M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$12.76M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	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
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.10M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$13.10M	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
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$66.87M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$90.84M	USD	Point-in-time
Goodwill	`Goodwill`	$64.62M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.28M	shares	Point-in-time
Goodwill	`Goodwill`	$52.71M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.69M	shares	Point-in-time
Goodwill	`Goodwill`	$96.31M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	64.28M	shares	Point-in-time
Equity method investments	`EquityMethodInvestments`	-	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Equity method investments	`EquityMethodInvestments`	$3.27M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$909.00K	USD	Point-in-time
Total assets	`Assets`	$261.76M	USD	Point-in-time
Total assets	`Assets`	$257.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.58M	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`	$2.58M	USD	Point-in-time
Short-term debt, including current portion of long-term debt	`LongTermDebtCurrent`	$2.68M	USD	Point-in-time
Short-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.21M	USD	Point-in-time
Short-term finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$299.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$36.58M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$17.12M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$29.82M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.73M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.57M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$51.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$94.74M	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 operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.67M	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$579.00K	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$19.10M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$1.31M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$3.25M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.60M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$730.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$506.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$187.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$154.53M	USD	Point-in-time
Commitments and contingencies (Note N)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note N)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock, $0.0001 par value, 88,000 shares authorized; 81,250 and none issued and outstanding as of December 31, 2022 and December 31, 2021, respectively. Liquidation preference of $162,500 and zero as of December 31, 2022 and December 31, 2021, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$76.36M	USD	Point-in-time
Convertible preferred stock, $0.0001 par value, 88,000 shares authorized; 81,250 and none issued and outstanding as of December 31, 2022 and December 31, 2021, respectively. Liquidation preference of $162,500 and zero as of December 31, 2022 and December 31, 2021, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 99,912,000 shares authorized; none issued and outstanding as of December 31, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 99,912,000 shares authorized; none issued and outstanding as of December 31, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized; 64,280,631 and 62,690,869 issued and outstanding as of December 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.00K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized; 64,280,631 and 62,690,869 issued and outstanding as of December 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.00K	USD	Point-in-time
Treasury stock	`TreasuryStockCommonValue`	$381.00K	USD	Point-in-time
Treasury stock	`TreasuryStockCommonValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$198.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$183.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-206.53M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-75.91M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.08M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$103.00K	USD	Point-in-time
Total shareholders equity (deficit)	`StockholdersEquity`	$-6.70M	USD	Point-in-time
Total shareholders equity (deficit)	`StockholdersEquity`	$107.22M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$226.00K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.20M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$107.22M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.47M	USD	Point-in-time
Total liabilities, convertible preferred stock and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$257.70M	USD	Point-in-time
Total liabilities, convertible preferred stock and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$261.76M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.55M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$137.60M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$108.22M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$131.85M	USD	Annual
Gross margin	`GrossProfit`	$29.38M	USD	Annual
Gross margin	`GrossProfit`	$28.70M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$70.34M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$78.69M	USD	Annual
Contingent earnout expense	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpenses`	$11.34M	USD	Annual
Contingent earnout expense	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpenses`	-	USD	Annual
Transaction expenses	`BusinessCombinationTransactionExpenses`	$5.02M	USD	Annual
Transaction expenses	`BusinessCombinationTransactionExpenses`	$3.24M	USD	Annual
Total impairment expense	`AssetImpairmentCharges`	$96.62M	USD	Annual
Total impairment expense	`AssetImpairmentCharges`	-	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$4.52M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$4.94M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-146.45M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-70.19M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-8.22M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-6.46M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$3.84M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$16.07M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-72.81M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-138.59M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-7.97M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-11.27M	USD	Annual
Net income (loss)	`ProfitLoss`	$-61.54M	USD	Annual
Net income (loss)	`ProfitLoss`	$-130.62M	USD	Annual
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00K	USD	Annual
Net income (loss) attributable to Redwire Corporation	`NetIncomeLoss`	$-61.54M	USD	Annual
Net income (loss) attributable to Redwire Corporation	`NetIncomeLoss`	$-130.62M	USD	Annual
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.36	USD	Annual
Net income (loss) per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.09	USD	Annual
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.36	USD	Annual
Net income (loss) per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.09	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-61.54M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-130.62M	USD	Annual
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.99M	USD	Annual
Foreign currency translation gain (loss), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-403.00K	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-403.00K	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.99M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-128.63M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-61.94M	USD	Annual

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Redwire Corporation	`NetIncomeLoss`	$-61.54M	USD	Annual
Net income (loss) attributable to Redwire Corporation	`NetIncomeLoss`	$-130.62M	USD	Annual
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$-61.54M	USD	Annual
Net income (loss)	`ProfitLoss`	$-130.62M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$10.58M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$11.29M	USD	Annual
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$490.00K	USD	Annual
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$304.00K	USD	Annual
Equity-based compensation expense	`ShareBasedCompensation`	$10.79M	USD	Annual
Equity-based compensation expense	`ShareBasedCompensation`	$27.11M	USD	Annual
Contingent earnout expense not yet settled	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpensesNotYetSettled`	$448.00K	USD	Annual
Contingent earnout expense not yet settled	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiabilityExpensesNotYetSettled`	-	USD	Annual
Earnout settlement in Holdings equity	`ReverseRecapitalizationEarnoutSettlementOfParentEquity`	-	USD	Annual
Earnout settlement in Holdings equity	`ReverseRecapitalizationEarnoutSettlementOfParentEquity`	$9.29M	USD	Annual
Loss on change in fair value of committed equity facility	`FairValueAdjustmentsOfCommittedEquityFacility`	-	USD	Annual
Loss on change in fair value of committed equity facility	`FairValueAdjustmentsOfCommittedEquityFacility`	$-631.00K	USD	Annual
Gain on change in fair value of warrants	`FairValueAdjustmentOfWarrants`	$-2.63M	USD	Annual
Gain on change in fair value of warrants	`FairValueAdjustmentOfWarrants`	$-17.78M	USD	Annual
Deferred provision (benefit) for income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-11.40M	USD	Annual
Deferred provision (benefit) for income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-8.24M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$96.62M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	-	USD	Annual
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$58.00K	USD	Annual
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$264.00K	USD	Annual
Non-cash interest expense	`PaidInKindInterest`	$690.00K	USD	Annual
Non-cash interest expense	`PaidInKindInterest`	-	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-208.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$6.00K	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.82M	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.65M	USD	Annual
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$5.00M	USD	Annual
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-813.00K	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$978.00K	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$195.00K	USD	Annual
(Increase) decrease in prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	$-579.00K	USD	Annual
(Increase) decrease in prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	$2.82M	USD	Annual
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-266.00K	USD	Annual
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$527.00K	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.00K	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.38M	USD	Annual
Increase (decrease) in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.50M	USD	Annual
Increase (decrease) in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$8.27M	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.76M	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$564.00K	USD	Annual
Increase (decrease) in notes payable to seller	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	-	USD	Annual
Increase (decrease) in notes payable to seller	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	$-608.00K	USD	Annual
Net cash provided by (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-31.66M	USD	Annual
Net cash provided by (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.36M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$33.23M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.56M	USD	Annual
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.63M	USD	Annual
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.09M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$526.00K	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$763.00K	USD	Annual
Settlement of related party receivable	`RepaymentOfNotesReceivableFromRelatedParties`	$4.87M	USD	Annual
Settlement of related party receivable	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.38M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-38.54M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$52.80M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$23.66M	USD	Annual
Payment of debt issuance fees to third parties	`PaymentsOfDebtIssuanceCosts`	$62.00K	USD	Annual
Payment of debt issuance fees to third parties	`PaymentsOfDebtIssuanceCosts`	$1.25M	USD	Annual
Proceeds received from debt	`ProceedsFromIssuanceOfLongTermDebt`	$22.70M	USD	Annual
Proceeds received from debt	`ProceedsFromIssuanceOfLongTermDebt`	$53.02M	USD	Annual
Repayment of finance leases	`RepaymentOfFinancedLeases`	$55.00K	USD	Annual
Repayment of finance leases	`RepaymentOfFinancedLeases`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.96M	USD	Annual
Payment of committed equity facility transaction costs	`PaymentsOfCommittedEquityFacilityTransactionCosts`	$161.00K	USD	Annual
Payment of committed equity facility transaction costs	`PaymentsOfCommittedEquityFacilityTransactionCosts`	-	USD	Annual
Proceeds from issuance of convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$81.25M	USD	Annual
Proceeds from issuance of convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	Annual
Payments of issuance costs related to convertible preferred stock	`PaymentsOfStockIssuanceCosts`	$4.83M	USD	Annual
Payments of issuance costs related to convertible preferred stock	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Shares repurchased for settlement of employee tax withholdings on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$381.00K	USD	Annual
Shares repurchased for settlement of employee tax withholdings on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Payments for the Merger transaction costs	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Payments for the Merger transaction costs	`PaymentsOfMergerRelatedCostsFinancingActivities`	$35.94M	USD	Annual
Proceeds from the Merger	`ProceedsFromReverseRecapitalization`	$110.58M	USD	Annual
Proceeds from the Merger	`ProceedsFromReverseRecapitalization`	-	USD	Annual
Proceeds from the Merger	`ProceedsFromReverseRecapitalization`	$110.60M	USD	Point-in-time
Payment of contingent earnout	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$600.00K	USD	Annual
Payment of contingent earnout	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$76.56M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$74.21M	USD	Annual
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.00K	USD	Annual
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$272.00K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.79M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.55M	USD	Annual
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.32M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.08M	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`	$28.32M	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`	$20.52M	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Units outstanding (in shares)	`CommonStockSharesOutstanding`	64.28M	shares	Point-in-time
Units outstanding (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Units outstanding (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	64.28M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$107.22M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.47M	USD	Point-in-time
GPAC shares net of redemptions, including PIPE, warrant liability, and Merger costs	`StockIssuedDuringPeriodValueReverseRecapitalization`	$52.92M	USD	Annual
Parents contributions	`AdjustmentsToAdditionalPaidInCapitalParentContributions`	$40.65M	USD	Annual
Earnout settlement in Parents equity	`AdjustmentsToAdditionalPaidInCapitalEarnoutSettlementInParentEquity`	$9.29M	USD	Annual
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.79M	USD	Annual
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.11M	USD	Annual
Common stock issued under the committed equity facility	`StockIssuedDuringPeriodValueNewIssues`	$3.05M	USD	Annual
Committed equity facility fee settled in common stock	`StockIssuedDuringPeriodValueIssuedForServices`	$756.00K	USD	Annual
Shares repurchased for settlement of employee tax withholdings on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$381.00K	USD	Annual
Noncontrolling interests acquired in business combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$215.00K	USD	Annual
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.99M	USD	Annual
Foreign currency translation, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-403.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$-61.54M	USD	Annual
Net income (loss)	`ProfitLoss`	$-130.62M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-61.54M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-130.62M	USD	Annual
Other	`StockholdersEquityOther`	$-513.00K	USD	Annual
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	64.28M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	62.69M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	59.66M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$107.22M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.47M	USD	Point-in-time

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