Redwire Corp
For the period ended Dec 31, 2023. Filed Mar 20, 2024.
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FY2023 · Filed Mar 20, 2024
RDW$8.13-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income (Loss)
(In thousands of U.S. dollars, except share and per share data)
| Year Ended | ||
|---|---|---|
| December 31, 2023 | December 31, 2022 | |
| Revenues | $243,800 | $160,549 |
| Cost of sales | 185,831 | 131,854 |
| Gross margin | 57,969 | 28,695 |
| Operating expenses: | ||
| Selling, general and administrative expenses | 68,525 | 70,342 |
| Transaction expenses | 13 | 3,237 |
| Impairment expense(1) | — | 96,623 |
| Research and development | 4,979 | 4,941 |
| Operating income (loss) | (15,548) | (146,448) |
| Interest expense, net | 10,699 | 8,219 |
| Other (income) expense, net | 1,503 | (16,075) |
| Income (loss) before income taxes | (27,750) | (138,592) |
| Income tax expense (benefit) | (486) | (7,972) |
| Net income (loss) | (27,264) | (130,620) |
| Net income (loss) attributable to noncontrolling interests | (1) | (3) |
| Net income (loss) attributable to Redwire Corporation | (27,263) | (130,617) |
| Less: dividends on Convertible Preferred Stock | 20,021 | 1,760 |
| Net income (loss) available to common shareholders | $(47,284) | $(132,377) |
| Net income (loss) per common share: | ||
| Basic and diluted | $(0.73) | $(2.09) |
| Weighted-average shares outstanding: | ||
| Basic and diluted | 64,654,153 | 63,324,416 |
| Comprehensive income (loss): | ||
| Net income (loss) attributable to Redwire Corporation | $(27,263) | $(130,617) |
| Foreign currency translation gain (loss), net of tax | 830 | 1,987 |
| Total other comprehensive income (loss), net of tax | 830 | 1,987 |
| Total comprehensive income (loss) | $(26,433) | $(128,630) |
(1)Please refer to Note T – Impairment Expense for additional information.
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