2021 Q4 Form 10-K Financial Statement

#000162828022008031 Filed on March 31, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $145.6M $145.6M
YoY Change
Cost Of Revenue $111.5M $111.5M
YoY Change
Gross Profit $34.07M $34.07M
YoY Change
Gross Profit Margin 23.4% 23.4%
Selling, General & Admin $102.4M $106.5M
YoY Change 312237.24%
% of Gross Profit 300.6% 312.63%
Research & Development $6.033M $6.033M
YoY Change
% of Gross Profit 17.71% 17.71%
Depreciation & Amortization $7.262M $410.0K
YoY Change
% of Gross Profit 21.32% 1.2%
Operating Expenses $108.4M $112.5M
YoY Change 329929.33%
Operating Profit -$74.37M -$78.47M
YoY Change
Interest Expense -$41.14M $7.762M
YoY Change
% of Operating Profit
Other Income/Expense, Net $197.0K
YoY Change
Pretax Income -$118.2M -$122.5M -$34.10K
YoY Change 346550.4% 359043.7%
Income Tax $1.078M $1.084M $0.00
% Of Pretax Income
Net Earnings -$119.3M -$123.6M -$34.10K
YoY Change 349712.03% 362222.58%
Net Earnings / Revenue -81.93% -84.87%
Basic Earnings Per Share -$1.15
Diluted Earnings Per Share -$879.8K -$1.15
COMMON SHARES
Basic Shares Outstanding 135.6M shares 107.0M shares
Diluted Shares Outstanding 107.0M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.90M $68.90M
YoY Change 45833.33%
Cash & Equivalents $68.90M $68.90M $9.704M
Short-Term Investments
Other Short-Term Assets $108.0M $108.0M
YoY Change 46745.44%
Inventory
Prepaid Expenses
Receivables $28.61M $29.23M $21.43M
Other Receivables $0.00 $0.00
Total Short-Term Assets $206.2M $206.2M $34.35M
YoY Change 500.31% 54065.77%
LONG-TERM ASSETS
Property, Plant & Equipment $1.078M $1.078M $863.0K
YoY Change 24.91%
Goodwill $91.64M $0.00
YoY Change
Intangibles $83.65M $90.50M
YoY Change -7.57%
Long-Term Investments
YoY Change
Other Assets $780.0K $780.0K $593.0K
YoY Change 31.53%
Total Long-Term Assets $177.1M $177.1M $184.0M
YoY Change -3.74%
TOTAL ASSETS
Total Short-Term Assets $206.2M $206.2M $34.35M
Total Long-Term Assets $177.1M $177.1M $184.0M
Total Assets $383.3M $383.3M $218.4M
YoY Change 75.54% 100601.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.475M $5.475M $2.731M
YoY Change 100.48% 15815.7%
Accrued Expenses $10.74M $10.74M $7.270M
YoY Change 47.66% 4560.7%
Deferred Revenue $4.207M $541.0K
YoY Change 677.63%
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $4.233M $4.233M $1.100M
YoY Change 284.82%
Total Short-Term Liabilities $70.02M $70.02M $12.06M
YoY Change 480.82% 17864.85%
LONG-TERM LIABILITIES
Long-Term Debt $190.4M $190.4M $105.9M
YoY Change 79.77%
Other Long-Term Liabilities $324.0K $324.0K $19.00K
YoY Change 1605.26%
Total Long-Term Liabilities $190.7M $190.7M $105.9M
YoY Change 80.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $70.02M $70.02M $12.06M
Total Long-Term Liabilities $190.7M $190.7M $105.9M
Total Liabilities $261.0M $261.0M $118.0M
YoY Change 121.21% 66854.2%
SHAREHOLDERS EQUITY
Retained Earnings -$131.4M -$7.838M
YoY Change 1576.32%
Common Stock $253.8M $108.2M
YoY Change 134.45%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $122.4M $122.4M $100.4M
YoY Change
Total Liabilities & Shareholders Equity $383.3M $383.3M $218.4M
YoY Change 75.54% 100601.96%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$119.3M -$123.6M -$34.10K
YoY Change 349712.03% 362222.58%
Depreciation, Depletion And Amortization $7.262M $410.0K
YoY Change
Cash From Operating Activities -$17.51M -$19.78M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures -$645.0K $645.0K
YoY Change
Acquisitions $224.0K
YoY Change
Other Investing Activities $358.6M -$218.0K
YoY Change
Cash From Investing Activities $357.9M -$863.0K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $25.00K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -181.0M $180.9M 150.0K
YoY Change -120792.73% 120474.67%
NET CHANGE
Cash From Operating Activities -17.51M -$19.78M
Cash From Investing Activities 357.9M -$863.0K
Cash From Financing Activities -181.0M $180.9M 150.0K
Net Change In Cash 159.4M $160.2M 150.0K
YoY Change 106156.5% 106711.33%
FREE CASH FLOW
Cash From Operating Activities -$17.51M -$19.78M
Capital Expenditures -$645.0K $645.0K
Free Cash Flow -$16.87M -$20.43M
YoY Change

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GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7179000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6818000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2488000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1947000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-3868000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
4300000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
127000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6437000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
11000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
453000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
29000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
59000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2744000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1111000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
51000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-349000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2845000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1224000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
504000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
735000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3666000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
40000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
338000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
181000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
157000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4121000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
224000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
184714000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19782000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7416000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8614000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
645000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
155000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
121000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-863000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-184869000 USD
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
9233000 USD
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
107249000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-121000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2019 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
110000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
91283000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
91283000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
bbai Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
0 USD
bbai Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
0 USD
CY2019 bbai Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
0 USD
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2000000 USD
CY2021 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
9802000 USD
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 USD
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
200000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
4000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2000000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
4000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2000000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2019 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2021 bbai Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
101958000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 USD
CY2019 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5527000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
307000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2021 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
9773000 USD
CY2019 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
839000 USD
CY2021 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
95047000 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2019 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
180862000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
201989000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9773000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2839000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
160217000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9704000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1280000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1264000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9704000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1644000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
380000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169921000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9704000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
364000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1644000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
6241000 USD
us-gaap Interest Paid Net
InterestPaidNet
384000 USD
us-gaap Interest Paid Net
InterestPaidNet
1000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
127000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
68000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
9000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
5000 USD
CY2021 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
259000 USD
us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
0 USD
us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
0 USD
CY2019 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
0 USD
CY2021 bbai Merger Costs Settled Through Issuance Of Common Stock
MergerCostsSettledThroughIssuanceOfCommonStock
10153000 USD
bbai Merger Costs Settled Through Issuance Of Common Stock
MergerCostsSettledThroughIssuanceOfCommonStock
0 USD
bbai Merger Costs Settled Through Issuance Of Common Stock
MergerCostsSettledThroughIssuanceOfCommonStock
0 USD
CY2019 bbai Merger Costs Settled Through Issuance Of Common Stock
MergerCostsSettledThroughIssuanceOfCommonStock
0 USD
CY2021 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
4800000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2019 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2021 bbai Initial Fair Value Of Written Put Option At Closing
InitialFairValueOfWrittenPutOptionAtClosing
11371000 USD
bbai Initial Fair Value Of Written Put Option At Closing
InitialFairValueOfWrittenPutOptionAtClosing
0 USD
bbai Initial Fair Value Of Written Put Option At Closing
InitialFairValueOfWrittenPutOptionAtClosing
0 USD
CY2019 bbai Initial Fair Value Of Written Put Option At Closing
InitialFairValueOfWrittenPutOptionAtClosing
0 USD
CY2021 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
421000 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
CY2019 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
CY2021 bbai Parent Units Issued For Acquisitions
ParentUnitsIssuedForAcquisitions
0 USD
bbai Parent Units Issued For Acquisitions
ParentUnitsIssuedForAcquisitions
13188000 USD
bbai Parent Units Issued For Acquisitions
ParentUnitsIssuedForAcquisitions
0 USD
CY2019 bbai Parent Units Issued For Acquisitions
ParentUnitsIssuedForAcquisitions
0 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68900000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9704000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
101021000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169921000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9704000 USD
CY2021Q4 bbai Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
101958000 USD
CY2021Q4 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
17391304 shares
CY2021Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
11.50
CY2021Q4 us-gaap Repayments Of Debt
RepaymentsOfDebt
114393000 USD
CY2021Q4 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
9802000 USD
CY2021Q4 bbai Common Stock And Preferred Stock Shares Authorized
CommonStockAndPreferredStockSharesAuthorized
501000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
10091000 USD
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
135566227 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 bbai Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
75000000 USD
CY2021Q4 bbai Stock Issued During Period Shares Reverse Recapitalization
StockIssuedDuringPeriodSharesReverseRecapitalization
105000000 shares
CY2021Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
8000000 shares
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
426000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">consolidated financial statements</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">consolidated financial statements</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and the reported amounts of revenues and expenses during the reporting periods.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">consolidated financial statements</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, actual results could differ materially from those estimates. Accounting policies subject to estimates include valuation of goodwill, intangible assets, impairments, revenue recognition, income taxes, business combinations and equity-based compensation.</span></div>
CY2019 us-gaap Advertising Expense
AdvertisingExpense
42000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
3903000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, certificates of deposit, and accounts receivable. The Company places its cash and cash equivalents with financial institutions of high credit quality. At times, such amounts may exceed federally insured limits. Cash and cash equivalents and restricted cash on deposit or invested with financial and lending institutions was $169,921 and $9,704, as of December 31, 2021 and December 31, 2020, respectively.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides credit to customers in the normal course of business. The carrying amount of current accounts receivable is stated at cost, net of an allowance for doubtful accounts. The Company performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit extended when deemed necessary. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivable that will not be fully collected. The allowance is </span></div>based on the assessment of the following factors: customer creditworthiness, historical payment experience, and age of outstanding accounts receivable and any applicable collateral.
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169921000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9704000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
763000 USD
us-gaap Advertising Expense
AdvertisingExpense
35000 USD
us-gaap Advertising Expense
AdvertisingExpense
57000 USD
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
11772000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
138992000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
121231000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1078000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
863000 USD
CY2021 us-gaap Depreciation
Depreciation
410000 USD
us-gaap Depreciation
Depreciation
26000 USD
us-gaap Depreciation
Depreciation
52000 USD
CY2019 us-gaap Depreciation
Depreciation
50000 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 unit
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q2 us-gaap Goodwill
Goodwill
0 USD
CY2020Q4 us-gaap Goodwill
Goodwill
91271000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
91636000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
0 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
91500000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7854000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
83646000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
91500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1002000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
90498000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6852000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1002000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6683000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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49236000 USD
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1
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1
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1
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1
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33353000 USD
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31552000 USD
bbai Segment Adjusted Gross Margin
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11369000 USD
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us-gaap Selling General And Administrative Expense
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616000 USD
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CY2021Q4 us-gaap Assets
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CY2020Q4 us-gaap Assets
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0 transaction
bbai Number Of Related Party Transactions
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0 transaction

Files In Submission

Name View Source Status
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0001628280-22-008031-index.html Edgar Link pending
0001628280-22-008031.txt Edgar Link pending
0001628280-22-008031-xbrl.zip Edgar Link pending
bbai-20211231.htm Edgar Link pending
bbai-20211231.xsd Edgar Link pending
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