2022 Q4 Form 10-Q Financial Statement

#000162828022029506 Filed on November 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $40.36M $40.65M $0.00
YoY Change -72.28%
Cost Of Revenue $28.57M $28.90M $29.42M
YoY Change -74.38% -1.77%
Gross Profit $11.79M $11.75M $10.80M
YoY Change -65.41% 8.83%
Gross Profit Margin 29.2% 28.91%
Selling, General & Admin $15.57M $20.23M $1.964M
YoY Change -84.8% 930.08%
% of Gross Profit 132.12% 172.18% 18.19%
Research & Development $1.199M $1.785M $1.363M
YoY Change -80.13% 30.96%
% of Gross Profit 10.17% 15.19% 12.62%
Depreciation & Amortization $1.994M $2.038M
YoY Change -72.54%
% of Gross Profit 16.92% 17.34%
Operating Expenses $16.77M $22.02M $1.964M
YoY Change -84.54% 1020.95%
Operating Profit -$4.984M -$12.40M -$1.964M
YoY Change -93.3% 531.04%
Interest Expense -$3.743M $3.557M $9.050K
YoY Change -90.9% 39203.87%
% of Operating Profit
Other Income/Expense, Net -$7.000K -$8.000K $32.99K
YoY Change -103.55% -124.25%
Pretax Income -$30.12M -$15.86M -$1.922M
YoY Change -74.52% 725.0%
Income Tax -$226.0K $252.0K $2.699K
% Of Pretax Income
Net Earnings -$29.90M -$16.11M -$1.925M
YoY Change -74.94% 736.93%
Net Earnings / Revenue -74.08% -39.63%
Basic Earnings Per Share -$0.13 -$0.03
Diluted Earnings Per Share -$0.23 -$0.13 -$191.5K
COMMON SHARES
Basic Shares Outstanding 126.3M shares 126.3M shares 105.0M shares
Diluted Shares Outstanding 126.3M shares 105.0M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.63M $21.96M $982.3K
YoY Change -81.67% 2135.17%
Cash & Equivalents $12.63M $21.96M $982.2K
Short-Term Investments
Other Short-Term Assets $10.30M $5.084M $347.7K
YoY Change -90.47% 1362.31%
Inventory
Prepaid Expenses
Receivables $31.40M $31.65M
Other Receivables $0.00 $0.00
Total Short-Term Assets $54.34M $60.01M $1.331M
YoY Change -73.65% 4408.36%
LONG-TERM ASSETS
Property, Plant & Equipment $6.071M $1.528M
YoY Change 463.17%
Goodwill $48.68M $67.13M
YoY Change -46.87%
Intangibles $85.69M $87.55M
YoY Change 2.44%
Long-Term Investments $358.8M
YoY Change
Other Assets $534.0K $692.0K $114.5K
YoY Change -31.54% 504.42%
Total Long-Term Assets $141.0M $156.9M $358.9M
YoY Change -20.42% -56.29%
TOTAL ASSETS
Total Short-Term Assets $54.34M $60.01M $1.331M
Total Long-Term Assets $141.0M $156.9M $358.9M
Total Assets $195.3M $216.9M $360.3M
YoY Change -49.05% -39.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.42M $7.426M $26.47K
YoY Change 181.68% 27954.4%
Accrued Expenses $14.17M $17.49M $2.312M
YoY Change 32.02% 656.64%
Deferred Revenue $2.022M $4.758M
YoY Change -51.94%
Short-Term Debt $0.00 $0.00 $57.39K
YoY Change -100.0%
Long-Term Debt Due $2.059M $769.0K
YoY Change -51.36%
Total Short-Term Liabilities $35.76M $32.74M $2.402M
YoY Change -48.93% 1262.95%
LONG-TERM LIABILITIES
Long-Term Debt $192.3M $191.8M $0.00
YoY Change 1.03%
Other Long-Term Liabilities $5.102M $36.00K $12.94M
YoY Change 1474.69% -99.72%
Total Long-Term Liabilities $197.4M $191.9M $12.94M
YoY Change 3.53% 1382.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.76M $32.74M $2.402M
Total Long-Term Liabilities $197.4M $191.9M $12.94M
Total Liabilities $233.2M $225.0M $15.34M
YoY Change -10.64% 1366.35%
SHAREHOLDERS EQUITY
Retained Earnings -$253.1M -$223.2M
YoY Change 92.61%
Common Stock $272.5M $272.4M
YoY Change 7.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$37.87M -$8.099M -$13.89M
YoY Change
Total Liabilities & Shareholders Equity $195.3M $216.9M $360.3M
YoY Change -49.05% -39.79%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$29.90M -$16.11M -$1.925M
YoY Change -74.94% 736.93%
Depreciation, Depletion And Amortization $1.994M $2.038M
YoY Change -72.54%
Cash From Operating Activities -$10.53M -$6.394M -$669.4K
YoY Change -39.89% 855.21%
INVESTING ACTIVITIES
Capital Expenditures $33.00K -$228.0K
YoY Change -105.12%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$89.00K $0.00
YoY Change -100.0%
Cash From Investing Activities -$33.00K -$317.0K $0.00
YoY Change -100.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.238M -1.163M 0.000
YoY Change -100.68%
NET CHANGE
Cash From Operating Activities -10.53M -6.394M -669.4K
Cash From Investing Activities -33.00K -317.0K 0.000
Cash From Financing Activities 1.238M -1.163M 0.000
Net Change In Cash -9.323M -7.874M -669.4K
YoY Change -105.85% 1076.31%
FREE CASH FLOW
Cash From Operating Activities -$10.53M -$6.394M -$669.4K
Capital Expenditures $33.00K -$228.0K
Free Cash Flow -$10.56M -$6.166M
YoY Change -37.39%

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429000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
11160000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
86000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
35252000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
55000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1450000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3341000 usd
bbai Fair Value Adjustments Of Warrants And Derivatives
FairValueAdjustmentsOfWarrantsAndDerivatives
-1564000 usd
bbai Fair Value Adjustments Of Warrants And Derivatives
FairValueAdjustmentsOfWarrantsAndDerivatives
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2359000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-163000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
297000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
288000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3549000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100896000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5829000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1946000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6737000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-993000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4733000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1004000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1595000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1760000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
263000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-38390000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1222000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4465000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
224000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
736000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
601000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5201000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-825000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3464000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
825000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1500000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-104375000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
675000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-147966000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1072000 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
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21955000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10776000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68900000 usd
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
7501000 usd
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21955000 usd
CY2022Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
101021000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21955000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169921000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q4 bbai Holding Period Of Shares
HoldingPeriodOfShares
P3M
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 Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 bbai Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
75000000 usd
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
135566227 shares
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
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
35252000 usd
CY2022Q2 bbai Goodwill Increase In Weighted Average Cost Of Capital Percentage
GoodwillIncreaseInWeightedAverageCostOfCapitalPercentage
0.01
CY2022Q2 bbai Goodwill Reduction In Forecasted Revenues Percentage
GoodwillReductionInForecastedRevenuesPercentage
0.03
CY2021Q4 us-gaap Goodwill
Goodwill
91636000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
35252000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
67125000 usd
CY2022Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
4234000 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
2217000 usd
CY2022Q3 us-gaap Prepaid Insurance
PrepaidInsurance
850000 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
4265000 usd
CY2022Q3 bbai Pre Contract Costs
PreContractCosts
0 usd
CY2021Q4 bbai Pre Contract Costs
PreContractCosts
546000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5084000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7028000 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
200769000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
204233000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9011000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12446000 usd
CY2022Q3 us-gaap Interest Payable Current
InterestPayableCurrent
3567000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
842000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1481000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
882000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17494000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10735000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
194597000 usd
bbai Share Repurchase Program Release Of Escrow
ShareRepurchaseProgramReleaseOfEscrow
100896000 usd
bbai Share Repurchase Program Reclassified To Cash And Cash Equivalent
ShareRepurchaseProgramReclassifiedToCashAndCashEquivalent
125000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8170000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
9636000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
192599000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
769000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4233000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
191830000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
190364000 usd
CY2022Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
200000000 usd
bbai Operating Leases Of Lessee Renewal Term
OperatingLeasesOfLesseeRenewalTerm
P5Y
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
44827000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1281000 usd
bbai Derivative Liability Settlement
DerivativeLiabilitySettlement
43546000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.016
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.297
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.016
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.273
CY2021Q4 bbai Share Repurchase Obligation Liability
ShareRepurchaseObligationLiability
9952803 shares
CY2022Q1 bbai Period For Reduced Price Repurchase
PeriodForReducedPriceRepurchase
P3M
CY2022Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
10.125
CY2021Q4 us-gaap Escrow Deposit
EscrowDeposit
101021000 usd
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
126273215 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
135566227 shares
bbai Common Stock Voting Rights Vote For Each Share
CommonStockVotingRightsVoteForEachShare
1 vote
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.92
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
482000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.99
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P10Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
606933 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.92
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
231314 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.14
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
857619 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.34
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y3M
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3000 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
19088 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
9.62
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P0Y
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2222000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
30000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11160000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
86000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16110000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-16110000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3146000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3146000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-91779000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-91779000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8758000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-8758000 usd
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126270282 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126270282 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105000000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128103625 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128103625 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105000000 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.72
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
857619 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.34
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
11.50
us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
18844600 shares
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
10.61
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
1118720 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40651000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40219000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
114654000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
112100000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40651000 usd
CY2022Q3 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40219000 usd
CY2021Q3 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
114654000 usd
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
112100000 usd
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2022Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1323000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
628000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4758000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4207000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4207000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
113000000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.98
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40651000 usd
CY2022Q3 bbai Segment Adjusted Gross Margin
SegmentAdjustedGrossMargin
13756000 usd
CY2022Q3 bbai Segment Adjusted Gross Profit Percentage
SegmentAdjustedGrossProfitPercentage
0.34
CY2022Q3 bbai Research And Development Costs Excluded From Segment Adjusted Gross Margin
ResearchAndDevelopmentCostsExcludedFromSegmentAdjustedGrossMargin
1434000 usd
CY2022Q3 bbai Equity Based Compensation Excluded From Segment Adjusted Gross Margin
EquityBasedCompensationExcludedFromSegmentAdjustedGrossMargin
-571000 usd
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
20233000 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1785000 usd
CY2022Q3 us-gaap Restructuring Charges
RestructuringCharges
1562000 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
566000 usd
CY2022Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-12395000 usd
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-102000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
3557000 usd
CY2022Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-15858000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40219000 usd
CY2021Q3 bbai Segment Adjusted Gross Margin
SegmentAdjustedGrossMargin
14443000 usd
CY2021Q3 bbai Segment Adjusted Gross Profit Percentage
SegmentAdjustedGrossProfitPercentage
0.36
CY2021Q3 bbai Research And Development Costs Excluded From Segment Adjusted Gross Margin
ResearchAndDevelopmentCostsExcludedFromSegmentAdjustedGrossMargin
3645000 usd
CY2021Q3 bbai Equity Based Compensation Excluded From Segment Adjusted Gross Margin
EquityBasedCompensationExcludedFromSegmentAdjustedGrossMargin
0 usd
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12038000 usd
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1363000 usd
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2021Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
CY2021Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2603000 usd
CY2021Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
1870000 usd
CY2021Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
0 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4473000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
114654000 usd
bbai Segment Adjusted Gross Margin
SegmentAdjustedGrossMargin
38477000 usd
bbai Segment Adjusted Gross Profit Percentage
SegmentAdjustedGrossProfitPercentage
0.34
bbai Research And Development Costs Excluded From Segment Adjusted Gross Margin
ResearchAndDevelopmentCostsExcludedFromSegmentAdjustedGrossMargin
4989000 usd
bbai Equity Based Compensation Excluded From Segment Adjusted Gross Margin
EquityBasedCompensationExcludedFromSegmentAdjustedGrossMargin
-2280000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
69205000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7194000 usd
us-gaap Restructuring Charges
RestructuringCharges
1562000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2151000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
35252000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-84156000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-1564000 usd
us-gaap Interest Expense
InterestExpense
10666000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-12000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-93270000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
112100000 usd
bbai Segment Adjusted Gross Margin
SegmentAdjustedGrossMargin
38743000 usd
bbai Segment Adjusted Gross Profit Percentage
SegmentAdjustedGrossProfitPercentage
0.35
bbai Research And Development Costs Excluded From Segment Adjusted Gross Margin
ResearchAndDevelopmentCostsExcludedFromSegmentAdjustedGrossMargin
8502000 usd
bbai Equity Based Compensation Excluded From Segment Adjusted Gross Margin
EquityBasedCompensationExcludedFromSegmentAdjustedGrossMargin
0 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
32557000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4158000 usd
us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-6474000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
us-gaap Interest Expense
InterestExpense
5579000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12052000 usd
CY2022Q3 us-gaap Assets
Assets
216910000 usd
CY2021Q4 us-gaap Assets
Assets
383322000 usd

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