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Business Combinations (Tables) | 3 Months Ended
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Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Assets Acquired and Liabilities Assumed as of the Acquisition | The following table summarizes the fair value of the consideration transferred and the estimated fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date.
| October 31, 2022
Cash paid | $ | 36,930 |
Less: Note receivable from seller | 501 |
Purchase consideration | $ | 36,429 |
Assets: |
Cash | $ | 3,700 |
Accounts receivable and other receivable | 3,606 |
Contract assets | 18,830 |
Prepaid expenses and other current assets | 3,100 |
Property, plant and equipment | 5,656 |
Right-of-use assets | 1,166 |
Intangible assets | 13,935 |
Equity method investments | 3,000 |
Total assets | 52,993 |
| October 31, 2022
Liabilities: |
Accounts payable | 4,201 |
Short-term operating lease liabilities | 199 |
Short-term finance lease liabilities | 279 |
Accrued expenses | 18,636 |
Deferred revenue | 5,513 |
Other current liabilities | 399 |
Long-term operating lease liabilities | 908 |
Long-term finance lease liabilities | 563 |
Deferred tax liabilities | 2,727 |
Other non-current liabilities | 281 |
Total liabilities | 33,706 |
Fair value of net identifiable assets acquired | 19,287 |
Less: Fair value of noncontrolling interests in ROS | 215 |
Goodwill | $ | 17,357 |
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The following table summarizes the intangible assets acquired by class:
| October 31, 2022 |  | Weighted average useful life in years
Technology | $ | 4,700 |  |  | 7
Customer relationships | 7,400 |  |  | 30
Software | 235 |  |  | 2
IPR&D | 1,600 |  |  |
Total intangible assets | $ | 13,935 |  |  |
Schedule of Pro Forma Information | The table below presents the pro forma combined results of operations for the business combinations for the three months ended March 31, 2023 as though the acquisition of Space NV had been completed as of January 1, 2021.
|  |  |  |  | Three Months Ended
|  |  |  |  | March 31, 2022
Revenues |  |  |  |  | $ | 45,778 |
Net income (loss) attributable to Redwire Corporation |  |  |  |  | (16,985) |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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