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Business Combinations (Tables) | 12 Months Ended
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Dec. 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 |
Purchase consideration | $ | 36,930 |
Assets: |
Cash | $ | 3,700 |
Accounts receivable and other receivable | 3,606 |
| October 31, 2022
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 |
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 | 215 |
Goodwill | $ | 17,858 |
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 post-acquisition revenues, net income (loss) attributable to Redwire Corporation, and acquisition-related costs (included in transaction expenses) of Space NV included in the consolidated statements of operations and comprehensive income (loss) for the following period:
|  |  | December 31, 2022
Post-acquisition revenues |  |  | $ | 11,658 |
Net income (loss) attributable to Redwire Corporation |  |  | $ | (294) |
Transaction expenses |  |  | $ | 3,112 |
The table below presents the pro forma combined results of operations for the business combination for the year ended December 31, 2022 as though the acquisition of Space NV had been completed as of January 1, 2021.
|  |  |  |  | Year Ended
|  |  |  |  | December 31, 2022
Revenues |  |  |  |  | $ | 207,761 |
Net income (loss) attributable to Redwire Corporation |  |  |  |  | (129,645) |

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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 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + 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 -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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