Redwire Corp
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
RDW$8.13-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(In thousands of U.S. dollars, except share data)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $54,221 | $49,071 |
| Accounts receivable, net | 15,247 | 21,905 |
| Contract assets | 60,757 | 43,044 |
| Inventory | 2,192 | 2,239 |
| Prepaid expenses and other current assets | 9,718 | 9,666 |
| Total current assets | 142,135 | 125,925 |
| Property, plant and equipment, net of accumulated depreciation of $10,891 and $9,628 | 18,759 | 17,837 |
| Right-of-use assets | 16,070 | 15,277 |
| Intangible assets, net of accumulated amortization of $28,050 and $25,920 | 62,070 | 61,788 |
| Goodwill | 71,996 | 71,161 |
| Other non-current assets | 3,069 | 629 |
| Total assets | $314,099 | $292,617 |
| Liabilities, Convertible Preferred Stock and Equity (Deficit) | ||
| Current liabilities: | ||
| Accounts payable | $28,179 | $32,127 |
| Short-term debt, including current portion of long-term debt | 780 | 1,266 |
| Short-term operating lease liabilities | 4,481 | 4,354 |
| Short-term finance lease liabilities | 496 | 473 |
| Accrued expenses | 19,825 | 24,192 |
| Deferred revenue | 59,748 | 67,201 |
| Other current liabilities | 5,033 | 19,730 |
| Total current liabilities | 118,542 | 149,343 |
| Long-term debt, net | 104,375 | 124,464 |
| Long-term operating lease liabilities | 14,267 | 13,444 |
| Long-term finance lease liabilities | 1,006 | 980 |
| Warrant liabilities | 6,688 | 55,285 |
| Deferred tax liabilities | 615 | 582 |
| Other non-current liabilities | 1,936 | 428 |
| Total liabilities | $247,429 | $344,526 |
| Commitments and contingencies (Note K – Commitments and Contingencies) | ||
| Convertible preferred stock, $0.0001 par value, 125,292.00 shares authorized; issued and outstanding: 2025—106,982.68 and 2024—108,649.30. Liquidation preference: 2025—$306,712 and 2024—$599,412 (Note L - Convertible Preferred Stock) | $134,734 | $136,805 |
| Shareholders’ Equity (Deficit): | ||
| Preferred stock, $0.0001 par value, 99,874,708 shares authorized; none issued and outstanding | — | — |
| Common stock, $0.0001 par value, 500,000,000 shares authorized; issued and outstanding 2025—77,082,332 and 2024—67,002,370 | 8 | 7 |
| Treasury stock, 2025 and 2024—728,739 shares, at cost | (3,573) | (3,573) |
| Additional paid-in capital | 284,381 | 161,619 |
| Accumulated deficit | (351,054) | (348,106) |
| Accumulated other comprehensive income (loss) | 2,174 | 1,339 |
| Total shareholders’ equity (deficit) | (68,064) | (188,714) |
| Total liabilities, convertible preferred stock and equity (deficit) | $314,099 | $292,617 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.