BigBear.ai (BBAI) 10-K 31 Mar 23 2022 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Mar. 24, 2023	Jun. 30, 2022
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-40031
Entity Registrant Name	BigBear.ai Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	85-4164597
Entity Address, Address Line One	6811 Benjamin Franklin Drive
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Columbia
Entity Address, State or Province	MD
Entity Address, Postal Zip Code	21046
City Area Code	410
Local Phone Number	312-0885
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 37.8
Entity Common Stock, Shares Outstanding		141,477,297
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Items 10, 11, 12, 13 and 14 of Part III of this Annual Report on Form 10-K are incorporated by reference from the registrant’s amendment to this Form 10-K to be filed on Form 10-K/A with the Securities and Exchange Commission no later than 120 days after the end of the registrant’s fiscal year covered by this report.
Entity Central Index Key	0001836981
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common stock, $0.0001 par value
Trading Symbol	BBAI
Security Exchange Name	NYSE
Redeemable warrants, each full warrant exercisable for one share of common stock at an exercise price of $11.50 per share
Document Information [Line Items]
Title of 12(b) Security	Redeemable warrants, each full warrant exercisable for one share of common stock at an exercise price of $11.50 per share
Trading Symbol	BBAI.WS
Security Exchange Name	NYSE

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Firm ID	248
Auditor Name	GRANT THORNTON LLP
Auditor Location	Arlington, Virginia

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 12,632	$ 68,900
Restricted cash	0	101,021
Accounts receivable, less allowance for doubtful accounts of $98 as of December 31, 2022 and $43 as of December 31, 2021	30,091	28,605
Contract assets	1,312	628
Prepaid expenses and other current assets	10,300	7,028
Total current assets	54,335	206,182
Non-current assets:
Property and equipment, net	1,433	1,078
Goodwill	48,683	91,636
Intangible assets, net	85,685	83,646
Right-of-use assets	4,638	0
Deferred tax assets	51	0
Other non-current assets	483	780
Total assets	195,308	383,322
Current liabilities:
Accounts payable	15,422	5,475
Short-term debt, including current portion of long-term debt	2,059	4,233
Accrued liabilities	13,366	10,735
Contract liabilities	2,022	4,207
Current portion of long-term lease liability	806	0
Derivative liabilities	0	44,827
Other current liabilities	2,085	541
Total current liabilities	35,760	70,018
Non-current liabilities:
Long-term debt, net	192,318	190,364
Long-term lease liability	5,092	0
Deferred tax liabilities	0	248
Other non-current liabilities	10	324
Total liabilities	233,180	260,954
Commitments and contingencies (Note O)
Stockholders’ (deficit) equity:
Common stock, par value $0.0001; 500,000,000 shares authorized and 127,022,363 shares issued at December 31, 2022 and 135,566,227 at December 31, 2021	14	14
Additional paid-in capital	272,528	253,744
Treasury stock, at cost 9,952,803 shares at December 31, 2022 and — shares at December 31, 2021	(57,350)	0
Accumulated deficit	(253,064)	(131,390)
Total stockholders’ (deficit) equity	(37,872)	122,368
Total liabilities and stockholders’ (deficit) equity	$ 195,308	$ 383,322

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Accounts receivable allowance	$ 98	$ 43
Common stock, par value (in usd per share)	$ 0.0001	$ 0.0001
Common shares authorized (in shares)	500,000,000	500,000,000
Common stock issued (in shares)	127,022,363	135,566,227
Treasury stock, shares (in shares)	9,952,803	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 31,552	$ 59,765	$ 155,011	$ 145,578
Cost of revenues	22,877	46,755	112,018	111,510
Gross margin	8,675	13,010	42,993	34,068
Operating expenses:
Selling, general and administrative	7,909	7,632	84,775	106,507
Research and development	530	85	8,393	6,033
Restructuring charges	0	0	4,203	0
Transaction expenses	10,091	0	2,605	0
Goodwill impairment	0	0	53,544	0
Operating (loss) income	(9,855)	5,293	(110,527)	(78,472)
Interest expense	616	1	14,436	7,762
Net (decrease) increase in fair value of derivatives	0	0	(1,591)	33,353
Loss on extinguishment of debt	0	0	0	2,881
Other expense	0		19	0
(Loss) income before taxes	(10,471)	5,292	(123,391)	(122,468)
Income tax (benefit) expense	(2,633)	3	(1,717)	1,084
Net (loss) income	$ (7,838)	$ 5,289	$ (121,674)	$ (123,552)
Basic net loss per share (in usd per share)	$ (0.07)		$ (0.95)	$ (1.15)
Diluted net loss per share (in usd per share)	$ (0.07)		$ (0.95)	$ (1.15)
Weighted-average shares outstanding:
Weighted-average shares outstanding, Basic (in shares)	105,000,000		127,698,478	107,009,834
Weighted-average shares outstanding, Diluted (in shares)	105,000,000		127,698,478	107,009,834

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY - USD ($) $ in Thousands		Total	Members’ contribution	Accumulated deficit	Common Stock	Additional paid-in capital	Treasury Stock	Class A Units	Class B Units
Beginning balance, common shares (in shares) at Dec. 31, 2019								900	10
Beginning balance at Dec. 31, 2019		$ 11,675	$ 4,998	$ 6,677
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		5,289		5,289
Equity-based compensation expense		80	80
Distributions		(9,773)		(9,773)
Ending balance, common shares (in shares) at Oct. 22, 2020								900	10
Ending balance at Oct. 22, 2020		7,271	$ 5,078	2,193
Beginning balance, common shares (in shares) at May. 22, 2020					0
Beginning balance at May. 22, 2020		0		0	$ 0	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		(7,838)		(7,838)
Parent’s contributions (in shares)	[1]				105,000,000
Parent’s contributions	[1]	95,047			$ 11	95,036
Parent’s contributions for acquisitions		13,188				13,188
Ending balance, common shares (in shares) at Dec. 31, 2020	[2]				105,000,000
Ending balance at Dec. 31, 2020	[2]	100,397		(7,838)	$ 11	108,224	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		(123,552)		(123,552)
Equity-based compensation expense		60,615				60,615
GigCapital4 shares net of redemptions, including PIPE, warrant liability, and Merger costs (in shares)					30,566,227
GigCapital4 shares net of redemptions, including PIPE, warrant liability, and Merger costs		$ 84,908			$ 3	84,905
Ending balance, common shares (in shares) at Dec. 31, 2021		135,566,227			135,566,227
Ending balance at Dec. 31, 2021		$ 122,368		(131,390)	$ 14	253,744	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		(121,674)		(121,674)
Equity-based compensation expense		10,865				10,865
Repurchase of shares as a result of Forward Share Purchase Agreements (in shares)					(9,952,803)		(9,952,803)
Repurchase of shares as a result of Forward Share Purchase Agreements		(57,350)					$ (57,350)
Issuance of common stock as consideration for the acquisition of ProModel Corporation (in shares)					649,976
Issuance of common stock as consideration for the acquisition of ProModel Corporation		7,501				7,501
Stock issued upon the exercise of warrants (in shares)					51
Stock issued upon the exercise of warrants		1				1
Issuance of shares purchased under ESPP (in shares)					508,062
Issuance of shares purchased under ESPP		$ 417				417
Issuance of shares vested for RSUs (in shares)					250,850
Ending balance, common shares (in shares) at Dec. 31, 2022		127,022,363			127,022,363
Ending balance at Dec. 31, 2022		$ (37,872)		$ (253,064)	$ 14	$ 272,528	$ (57,350)
[1]The units of the Company prior to the Merger (as defined in Note A—Description of the Business) have been retroactively restated to reflect the exchange ratio established in the Merger (computed as 105,000,000 shares of Common Stock to 100 Company units).[2]The units of the Company prior to the Merger (as defined in Note A—Description of the Business) have been retroactively restated to reflect the exchange ratio established in the Merger (computed as 105,000,000 shares of Common Stock to 100 Company units)

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY (Parenthetical) - shares	Dec. 07, 2021	Dec. 06, 2021	Dec. 31, 2022	Dec. 31, 2021
Common stock issued (in shares)		105,000,000	127,022,363	135,566,227
BigBear Holdings
Common units converted (in shares)	100	100

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net (loss) income	$ (7,838)	$ 5,289	$ (121,674)	$ (123,552)
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization expense	1,028	52	7,758	7,262
Amortization of debt issuance costs	17	0	2,302	679
Equity-based compensation expense	0	80	10,865	60,615
Goodwill impairment	0	0	53,544	0
Impairment of right-of-use assets	0	0	901	0
Non-cash lease expense	0	0	174	0
Provision for doubtful accounts	43	0	55	0
Deferred income tax (benefit) expense	(2,637)	(8)	(1,757)	1,042
Loss on extinguishment of debt	0	0	0	2,881
Net (decrease) increase in fair value of derivatives	0	0	(1,591)	33,353
Loss on sale of property and equipment	0	0	0	14
Changes in assets and liabilities:
(Increase) decrease in accounts receivable	(4,000)	6,818	(798)	(7,179)
(Increase) decrease in contract assets	3,868	(4,300)	(286)	1,947
Increase in prepaid expenses and other assets	(453)	(29)	(1,702)	(6,437)
Increase in accounts payable	1,111	51	9,942	2,744
(Decrease) increase in accrued liabilities	1,224	504	(5,121)	2,845
(Decrease) increase in contract liabilities	40	0	(3,740)	3,666
Increase in other liabilities	181	157	2,210	338
Net cash (used in) provided by operating activities	(7,416)	8,614	(48,918)	(19,782)
Cash flows from investing activities:
Acquisition of businesses, net of cash acquired	(184,714)	0	(4,465)	(224)
Purchases of property and equipment	(155)	(121)	(769)	(645)
Proceeds from disposal of property and equipment	0	0	0	6
Net cash used in investing activities	(184,869)	(121)	(5,234)	(863)
Cash flows from financing activities:
Proceeds from term loan	107,249	0	0	0
Repurchase of shares as a result of forward share purchase agreements	0	0	(100,896)	0
Repayment of term loan	0	0	0	(110,000)
Proceeds from promissory notes	91,283	0	0	0
Repayment of promissory notes	(91,283)	0	0	0
Proceeds from short-term borrowings	4,000	2,000	2,059	9,233
Repayment of short-term borrowings	(4,000)	(2,000)	(4,233)	(5,000)
Proceeds from issuance of convertible notes	0	0	0	200,000
Proceeds from the Merger	0	0	0	101,958
Payment of Merger transaction costs	0	0	0	(9,802)
Payment of debt issuance costs to third parties	(307)	0	0	(5,527)
Payments for taxes related to net share settlement of equity awards	0	0	(67)	0
Distributions to members	0	(9,773)	0	0
Parent’s contribution	95,047	0	0	0
Net cash (used in) provided by financing activities	201,989	(9,773)	(103,137)	180,862
Net (decrease) increase in cash and cash equivalents and restricted cash	9,704	(1,280)	(157,289)	160,217
Cash and cash equivalents and restricted cash at the beginning of period			169,921	9,704
Cash and cash equivalents and restricted cash at the end of the period	9,704	364	12,632	169,921
Cash paid during the period for:
Interest	384	1	12,409	6,241
Income taxes	0	9	9	68
Supplemental schedule of non-cash investing and financing activities:
Issuance of common stock as consideration for the acquisition of ProModel Corporation	0	0	7,501	0
Merger transaction costs paid included in accrued liabilities	0	0	0	259
Merger costs settled through issuance of common stock	0	0	0	10,153
Debt issuance costs settled through issuance of common stock	0	0	0	4,800
Initial fair value of written put option at closing	0	0	0	11,371
Initial fair value of private warrants at closing	0	0	0	421
Parent units issued for acquisitions	13,188	0	0	0
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents			12,632	68,900
Restricted cash			0	101,021
Cash and cash equivalents and restricted cash at end of the period	$ 9,704	$ 364	$ 12,632	$ 169,921

Description of the Business

Description of the Business	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Business	Description of the Business BigBear.ai Holdings, Inc.’s ( “BigBear.ai”, “BigBear.ai Holdings”, or the “Company” ) mission is to help deliver clarity for clients as they face their most complex decisions. BigBear.ai’s artificial intelligence ( “AI” )-powered decision intelligence solutions are leveraged across our Cyber & Engineering and Analytics reportable segments and in three primary markets—global supply chains & logistics, autonomous systems and cybersecurity. The Company’s customers, including federal defense and intelligence agencies, manufacturers, third party logistics providers, retailers, healthcare, and life sciences organizations, rely on BigBear.ai’s solutions to empower leaders to decide on the best possible course of action by creating order from complex data, identifying blind spots, and building predictive outcomes. Unless otherwise indicated, references to “we”, “us” and “our” refer collectively to BigBear.ai Holdings, Inc. and its consolidated subsidiaries. On December 7, 2021, the previously announced merger ( “Merger” ) with GigCapital4, Inc. ( “GigCapital4” ) was consummated pursuant to the business combination agreement (the “Agreement” ) dated June 4, 2021, as amended in July 2021 and December 2021, by and between GigCapital4 Merger Sub Corporation (the “Merger Sub” ), a wholly owned subsidiary of GigCapital4, BigBear.ai Holdings, and BBAI Ultimate Holdings ( “Parent” ). Immediately prior to the stockholder vote for the Merger, GigCapital4 executed a series of Forward Share Purchase Agreements ( “FPAs” ) with certain investors (the “Investors” ). Included within the FPAs was a provision that each of the Investors would not redeem their shares and instead would hold the shares for a period of up to three months following the consummation of the Merger, at which time they would have the right to sell the shares to the Company for $10.15 per share. During the three months ended March 31, 2022 , the Company repurchased all 9,952,803 shares of its common stock at the Investors’ request (refer to Note P—Written Put Option for detail). Upon the closing of the Merger, GigCapital4 was renamed to BigBear.ai, Holdings Inc., the U.S. Securities and Exchange Commission ( “SEC” ) registrant. As a result of the Merger, the Company received aggregate gross proceeds of $101,958 from GigCapital4’s trust account and PIPE Proceeds, and issued $200,000 of unsecured convertible notes that were convertible into 17,391,304 shares of the Company’s common stock at the initial Conversion Price of $11.50, subject to adjustment (refer to Note K—Debt for detail). Proceeds from the Merger were partially used to fund the $114,393 repayment of the Antares Loan and Merger transaction costs and other costs paid through the funds flow of $9,802, consisting of marketing, legal and other professional fees. The Merger is accounted for as a reverse recapitalization in which GigCapital4 is treated as the acquired company. For accounting purposes, the Merger is treated as the equivalent of BigBear.ai Holdings issuing equity for the net assets of GigCapital4 followed by a recapitalization. A reverse recapitalization does not result in a new basis of accounting, and the consolidated financial statements of the combined entity (BigBear.ai) represent the continuation of the consolidated financial statements of BigBear.ai Holdings in many respects. Immediately prior to the closing of the Merger, but following the consummation of GigCapital4’s domestication to a Delaware corporation, the authorized capital stock of GigCapital4 consisted of 501,000,000 shares, including (i) 500,000,000 shares of common stock and (ii) 1,000,000 shares of preferred stock. 135,566,227 shares of common stock and no shares of the preferred stock were outstanding as of December 31, 2021. At the effective time of the Merger, 100 units of BigBear.ai Holdings were cancelled and automatically deemed for all purposes to represent the Parent’s right to receive, in the aggregate, $75 million in cash and shares in GigCapital4, and Parent exchanged its 100 units of BigBear.ai Holdings for 105,000,000 shares of BigBear.ai’s common stock. In addition, 8,000,000 shares of PIPE financing were issued and 1,495,320 shares were issued to certain advisors. AE Industrial Partners, LP ( “AE” ) became the majority stockholder of the Company, via its ownership of PCISM Ultimate Holdings, LLC (subsequently renamed to BBAI Ultimate Holdings, LLC), following the close of the Merger (83.5%).

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ( “GAAP” ) and all intercompany balances and transactions have been eliminated in consolidation. Amounts presented within the consolidated financial statements and accompanying notes are presented in thousands of U.S. dollars unless stated otherwise, except for percentages, units, shares, per unit, and per share amounts. The period from May 22, 2020 (inception) through December 31, 2020 and as of December 31, 2020 (the “Successor 2020 Period”), the year ended December 31, 2021 (the “ Successor 2021 Period ”), and the year ended December 31, 2022 (the “ Successor 2022 Period ”) relate to activity of BigBear.ai Holdings and its subsidiaries. The period from January 1, 2020 to October 22, 2020 (the “ Predecessor 2020 Period ”) relate to the predecessor period. The Successor 2020 Period begins before the Predecessor 2020 Period ended due to the acquisitions that took place prior to the acquisition of PCI. The PCI, NuWave, Open Solutions, and ProModel acquisitions were accounted for as business combinations in accordance with Financial Accounting Standards Board (“ FASB ”) Accounting Standards Codification (“ ASC ”) 805, Business Combinations (“ ASC 805 ”), and the resulting new basis of accounting is reflected in the Successor 2020 Period as of each acquisition date. As a result, financial information of the Predecessor and Successor periods has been prepared under two different bases of accounting and therefore are not comparable. PCI was identified as the Predecessor through an analysis of various factors, including the size, financial characteristics, and ongoing management. The audited consolidated financial statements are presented as described below: • The consolidated financial statements for the Predecessor 2020 Period, which includes the operating results of PCI from January 1, 2020 to October 22, 2020. • The combined financial statements for the Successor 2020 Period, which includes the operating results of BigBear.ai Holdings and its subsidiaries from each of their respective acquisition dates through December 31, 2020. • The consolidated financial statements for the Successor 2021 Period and the Successor 2022 Period, which includes the operating results of BigBear.ai Holdings and its subsidiaries for the years ended December 31, 2021 and December 31, 2022, respectively. Use of Estimates The preparation of the consolidated financial statements 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. 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 consolidated financial statements , 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. Business Combinations The Company utilizes the acquisition method of accounting under ASC 805, for all transactions and events in which it obtains control over one or more other businesses (even if less than 100% ownership is acquired), to recognize the fair value of all assets and liabilities assumed and to establish the acquisition date fair value as of the measurement date. While the Company uses its best estimates and assumptions as part of the purchase price allocation process to accurately value assets acquired and liabilities assumed as of the acquisition date, the estimates and assumptions are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill. For changes in the valuation of intangible assets between the preliminary and final purchase price allocation, the related amortization is adjusted in the period it occurs. Subsequent to the measurement period, any adjustment to assets acquired or liabilities assumed is included in operating results in the period in which the adjustment is determined. Transaction expenses that are incurred in connection with a business combination, other than costs associated with the issuance of debt or equity securities, are expensed as incurred. Revenue Recognition The Company’s revenues from contracts with customers are from offerings including artificial intelligence and machine learning, data science, advanced analytics, offensive and defensive cyber, data management, cloud solutions, digital engineering, and systems integration, primarily with the U.S. Government and its agencies. The Company also serves various commercial customers. The Company organizes its solutions into three markets: i. Supply Chain & Logistics Solutions: Data Conflation at Scale (providing a full view of operations, enabling real-time tracking of inventory, and facilitating predictive analytics to optimize functions like routes and delivery times), Discrete Event Simulation (Course of Action Analysis & Digital Twins), and Next-Gen Decision Support (e.g. Macroeconomic & Geopolitical Forecasting) ii. Cybersecurity Solutions: AI-powered / machine-accelerated binary analysis, Cyber-Physical systems vulnerability testing & evaluation, Vulnerability assessment as a Service, and Specialized services for the Department of Defense and Intelligence Community iii. Autonomous Systems Solutions: AI/machine learning ( “ML” ) decision intelligence solutions (conflate millions of data points to provide situational awareness, predictive forecasts, and anomaly detection), AI Orchestration as a Service, and specialized consulting services Each of the Company’s solutions can be sold individually or combined and sold together. Regardless of whether a customer is procuring only one of the Company’s solutions or a combination of solutions, the Company’s contracts generally include a significant service of integrating the solutions with the Company’s customer’s existing solutions and information systems. After the Company implements the solutions, the Company may also enter into contracts with the customers to further refine or customize these solutions to either enhance the functionality or adjust for changes in the customer’s requirements. These post-implementation service contracts are generally performed on a time-and-materials basis. The Company accounts for a contract when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. The Company performs under various types of contracts, which generally include firm-fixed-price (“ FFP ”), time-and-materials (“ T&M ”), and cost-reimbursable contracts. Under fixed-price contracts, the Company agrees to perform the specified work for a pre-determined price. To the extent the Company’s actual costs vary from the estimates upon which the price was negotiated, the Company will generate more or less profit or could incur a loss. Under T&M contracts, the Company agrees to perform the specified work for a pre-determined rate per hour, as well as the reimbursement of other direct billable costs which are presented on a gross basis. Cost-reimbursable contracts provide for the payment of allowable costs incurred during performance of the contract plus a fee up to a ceiling based on the amount that has been funded. The majority of our cost-reimbursable contracts are cost-plus-fixed-fee, which provide a fixed fee that is negotiated at the inception of the contract and does not vary with actual costs. For T&M contracts and cost-reimbursable contracts, the Company has a right to consideration from the customer in an amount that corresponds directly with the value of the Company’s performance and recognizes revenue in the amount to which the Company has a right to invoice (the “right to invoice” practical expedient). The Company assesses each contract at its inception to determine whether it should be combined with other contracts. When making this determination, the Company considers factors such as whether two or more contracts were negotiated and executed at or near the same time or were negotiated with an overall profit objective. If combined, the Company treats the combined contracts as one single contract for revenue recognition purposes. The Company generally uses internally developed and third-party applications, which the Company integrates, when implementing solutions to meet specific customer requirements. The Company evaluates the solutions or services promised in each contract at inception to determine whether the contract should be accounted for as having one or more performance obligations. Each of the Company’s solutions is capable of being distinct as the customer can benefit from each individual solution on its own or with other resources that are readily available. When customer contracts include a significant service of integrating the solutions to provide a set of integrated or highly interrelated tasks, the Company accounts for these arrangements as a single performance obligation. While the contracts provide customers access to the Company’s solutions, the contracts generally do not contain separate licensing provisions for independent use of the underlying internally developed software. Additionally, these components are highly interdependent and highly interrelated into the solutions delivered to the Company’s customers. Therefore, these components are not capable of being distinct and are not separately identifiable from the other promises in the contract. In cases where customer contracts have an explicit licensing provision to the underlying software, such software is generally accounted for as a separate performance obligation. The Company determines the transaction price for each contract based on the consideration the Company expects to receive for the solutions or services being provided under the contract. For contracts where a portion of the price may vary, the Company estimates variable consideration at the most likely amount, which is included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur. The Company analyzes the risk of a significant revenue reversal and if necessary, constrains the amount of variable consideration recognized in order to mitigate this risk. At the inception of a contract, the Company estimates the transaction price based on its current rights and does not contemplate future modifications (including unexercised options) or follow-on contracts until they become legally enforceable. Contracts are often subsequently modified to include changes in specifications, requirements or price, which may create new or change existing enforceable rights and obligations. Depending on the nature of the modification, the Company considers whether to account for the modification as an adjustment to the existing contract or as a separate contract. The Company’s contracts with the U.S. Government often contain options to renew existing contracts for an additional period of time (generally a year at a time) under the same terms and conditions as the original contract, and generally do not provide the customer any material rights under the contract. Therefore, such modifications are accounted for as if they were part of the existing contract and may result in a cumulative adjustment to revenue recognized. The Company accounts for renewal options as separate contracts when they include distinct goods or services at standalone selling prices. For contracts with multiple performance obligations, the Company allocates the transaction price to each performance obligation based on the estimated standalone selling price of the solution or service underlying each performance obligation. The standalone selling price represents the amount for which the Company would sell the solution or service to a customer on a standalone basis (i.e., not bundled with any other solutions or services). The Company’s contracts with the U.S. government are subject to the Federal Acquisition Regulation (“ FAR ”) and priced on estimated or actual costs of providing the goods or services. The FAR provides guidance on types of costs that are allowable in establishing prices for goods and services provided to the U.S. government and its agencies. Each contract is competitively priced and bid separately. Pricing for non-U.S. government agencies and commercial customers is based on specific negotiations with each customer. In circumstances where the standalone selling price is not directly observable, the Company estimates the standalone selling price using the expected cost-plus margin approach. The Company recognizes revenue as performance obligations are satisfied and the customer obtains control of the solutions and services. In determining when performance obligations are satisfied, the Company considers factors such as contract terms, payment terms and whether there is an alternative future use of the solution or service. Substantially all of the Company’s revenue is recognized over time as the Company performs under the contract because control of the work in process transfers continuously to the customer. For most contracts with the U.S. Government, this continuous transfer of control of the work in process to the customer is supported by clauses in the contract that give the customer ownership of work in process and allow the customer to unilaterally terminate the contract for convenience and pay the Company for costs incurred plus a reasonable profit. For most non-U.S. Government contracts, continuous transfer of control to the customer is supported because the Company delivers solutions that do not have an alternative use to the Company and if the Company’s customer were to terminate the contract for reasons other than the Company’s non-performance, the Company would have the right to recover damages which would include, among other potential damages, the right to payment for the work performed to date plus a reasonable profit. For performance obligations to deliver solutions with continuous transfer of control to the customer, revenue is recognized based on the extent of progress towards completion of the performance obligation, generally using the percentage-of-completion cost-to-cost measure of progress for the Company’s contracts because it best depicts the transfer of control to the customer as the Company incurs costs on the contracts. Under the percentage-of-completion cost-to-cost measure of progress, the extent of progress towards completion is measured based on the ratio of costs incurred to date to the total estimated costs to complete the performance obligation(s). For T&M contracts, revenue is recognized over time based on costs incurred or the right to invoice method (in situations where the value transferred matches the Company’s billing rights) as the customer receives and consumes the benefits. For arrangements with the U.S. Government, the Company generally does not begin work on contracts until funding is appropriated by the customer. Billing timetables and payment terms on the Company’s contracts vary based on a number of factors, including the contract type. Cost-reimbursable and T&M contracts are generally billed on a monthly basis. FFP contracts are generally billed based on milestones, which are the achievement of specific events as defined in the contract. Amounts billed and due from customers are classified as receivables on the combined balance sheets. On some contracts, the Company may be entitled to receive an advance payment, which is not considered a significant financing component because it is used to facilitate inventory demands at the onset of a contract and to safeguard the Company from the failure of the other party to abide by some or all of their obligations under the contract. In some cases where a portion of payment retained by the customer is not considered a significant financing component; the Company expects, at contract inception, that the lag period between the transfer of a promised good or service to a customer and when the customer pays for that good or service will not constitute a significant financing component. Sale of Products Revenue from sale of products to customers purchased from third parties is recognized at a point in time when control has transferred to the customer. Control is transferred to the customer upon customer acceptance or receipt of the product. At this point in time, the Company has a present right to payment, and the customer has legal title and physical possession of the product as well as the risks and rewards of ownership. Contract Balances Contract balances result from the timing of revenue recognized, billings and cash collections, and the generation of contract assets and liabilities. Contract assets represent revenue recognized in excess of amounts invoiced to the customer and the right to payment is not subject to the passage of time. Contract liabilities consist of billings in excess of revenues and customer advances. Billings in excess of revenues represents milestone billing contracts where the billings of the contract exceed recognized revenues Cash and Cash Equivalents Cash and cash equivalents are comprised of cash on hand, cash balances with banks and similar institutions and all highly liquid investments with an original maturity of three months or less when purchased. Restricted Cash The Company’s restricted cash consists of cash deposited into escrow accounts reflecting the full obligation to certain investors related to the FPAs. The funds held in the escrow accounts as at December 31, 2021 were not available to the Company for three months following the consummation of the Merger unless and until any of the Investors sold these shares in the market or the investors redeemed their shares under FPAs by March 7, 2022. The Company settled its obligations under the FPAs during the year ended December 31, 2022. Property and Equipment Property and equipment are the long-lived, physical assets of the Company acquired for use in the Company’s normal business operations and not intended for resale by the Company. These assets are recorded at cost. Renewals and betterments that increase the useful lives of the assets are capitalized. Repair and maintenance expenditures that increase the efficiency of the assets are expensed as incurred. Assets under capital leases are recorded at the present value of the minimum lease payments required during the lease period. Depreciation is based on the estimated useful lives of the assets using the straight-line method and is included in selling, general and administrative or cost of revenues based upon the asset. Expected useful lives are reviewed at least annually. Estimated useful lives are as follows: Property and equipment Estimate useful life in years Computer equipment 3 Furniture and fixtures 7 Laboratory equipment 5-10 Software 3-5 Leasehold improvements 5 or lease term As assets are retired or sold, the related cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations. The Company regularly evaluates its property and equipment for impairment when events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable, in accordance with ASC 360, Property, Plant, and Equipment . If the Company determines that the carrying amount of an asset or asset group is not recoverable based upon the undiscounted expected future cash flows of the asset or asset group, the Company records an impairment loss equal to the excess of carrying amount over the estimated fair value of the asset or asset group. Finite-lived Intangible Assets Finite-lived intangible assets result from the Company’s various business combinations and consist of identifiable finite-lived intangible assets, including technology and customer relationships. These finite-lived intangible assets are reported at cost, net of accumulated amortization, and are either amortized on a straight-line basis over their estimated useful lives or over the period the economic benefits of the intangible asset are consumed. The Company regularly evaluates its intangible assets other than goodwill for impairment when events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable, in accordance with ASC 350, Intangibles–Goodwill and Other . If the Company determines that the carrying amount of an asset or asset group is not recoverable based upon the undiscounted expected future cash flows of the asset or asset group, the Company records an impairment loss equal to the excess of carrying amount over the estimated fair value of the asset or asset group. Leases The Company determines whether an arrangement is a lease at inception. An arrangement is or contains a lease if it conveys the right to control the use of an asset for a period of time in exchange for consideration. The Company has operating leases for office space, automobiles, and other equipment that expire at various dates through 2040. These lease terms may include optional renewals, terminations or purchases, which are considered in the Company’s assessments when such options are reasonably certain to be exercised. The Company measures right-of-use assets and related lease liabilities based on the present value of remaining lease payments. Lease contracts may include fixed payments for non-lease components, such as common area maintenance, which are included in the measurement of lease liabilities for certain asset classes based on the Company’s election to combine lease and non-lease components. The Company does not recognize short-term leases, those lease contracts with durations of twelve months or less, on the consolidated balance sheets . As applicable borrowing rates are not typically implied within the lease arrangements, the Company discounts lease payments based on its estimated incremental borrowing rate at lease commencement, or modification, which is based on the Company’s estimated credit rating and the lease term at commencement. Warrants As part of GigCapital4’s Initial Public Offering, public and private warrants were issued, which were assumed by BigBear.ai upon consummation of the Merger. Warrants are accounted for in accordance with the guidance of ASC 815, Derivatives and Hedging (“ ASC 815 ”), under which private warrants do not meet the criteria for equity treatment and are classified as liabilities measured at fair value. Public warrants meet the criteria for equity classification. The Company measured the private warrant liability at fair value at the closing of the Merger and then at each reporting period with changes in fair value recognized in the consolidated statements of operations. Written Put Option The Written Put Option is a liability under ASC 480, Distinguishing Liabilities from Equity , because it embodies an obligation to repurchase the Company’s shares by paying cash. Furthermore, the Written Put Option meets the definition of derivative under ASC 815. Therefore, the Written Put Option is classified as a current liability measured at fair value and is presented in Derivative liabilities on the Company’s consolidated balance sheets as of December 31, 2021 . The unrealized gains and losses from changes in the fair value of the Written Put Option is reflected in the consolidated statements of operations. The Company settled the derivative liability associated with the Written Put Option during the first quarter of 2022. Fair Value of Financial Instruments The Company measures certain financial assets and liabilities at fair value. ASC 820, Fair Value Measurement and Disclosures ( “ASC 820” ) , specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. These two types of inputs have created the following fair-value hierarchy: Level 1—Quoted prices for identical instruments in active markets; Level 2—Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and Level 3—Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. These inputs are based on Company’s own assumptions about current market conditions and require significant management judgement or estimation. Financial instruments consist of cash equivalents, accounts receivable, accounts payable, accrued liabilities, private warrants, written put options, and debt. Cash equivalents are stated at fair value on a recurring basis. Accounts receivable, accounts payable and accrued liabilities are stated at their carrying value, which approximates fair value due to the short time to the expected receipt of payment date. Private warrants and written put options are marked to fair value on a periodic basis. Income Taxes The Company estimates its current tax expense together with assessing temporary differences resulting from differing treatment of items not currently deductible for tax purposes. These differences result in deferred tax assets and liabilities on the Company’s consolidated balance sheets, which are estimated based upon the difference between the financial statement and tax bases of assets and liabilities using the enacted tax rates that will be in effect when these differences reverse. In general, deferred tax assets represent future tax benefits to be received when certain expenses previously recognized in the Company’s consolidated statements of operations become deductible expenses under applicable income tax laws or loss or credit carry forwards are utilized. Accordingly, the realization of the Company’s deferred tax assets are dependent on future taxable income against which these deductions, losses, and credits can be utilized. The Company evaluates the realizability of its deferred tax assets and recognizes a valuation allowance when it is more likely than not that a future benefit on such deferred tax assets will not be realized. Changes in the valuation allowance, when recorded, would be included in the Company’s consolidated statements of operations . Management’s judgment is required in determining the Company’s valuation allowance recorded against its net deferred tax assets. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. The Company recognizes interest and penalties related to uncertain tax positions in its provision (benefit) for income taxes. As of December 31, 2022, the Company accrued $785 for uncertain tax positions. Concentration of Credit Risk 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 $12,632 and $169,921, as of December 31, 2022 and December 31, 2021, respectively. 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 based on the assessment of the following factors: customer creditworthiness, historical payment experience, and age of outstanding accounts receivable and any applicable collateral. Segment Information Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (“ CODM ”) in deciding how to allocate resources and in assessing performance. The Company’s CODM is its Chief Executive Officer. The Company has determined that it operates in two operating and reportable segments, Cyber & Engineering and Analytics, as the CODM reviews financial information presented for both segments on a disaggregated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. Cyber & Engineering The Cyber & Engineering segment provides high-end technology and management consulting services to its customers. This segment focuses in the areas of cloud engineering and enterprise IT, cybersecurity, computer network operations and wireless, systems engineering, strategy and program planning. The segment’s primary solutions relate to the identification of cyber-attack risks and the development and deployment of customized solutions to mitigate those risks. Analytics The Analytics segment provides high-end technology and consulting services to its customers. This segment focuses on the areas of big data computing and analytical solutions, including predictive and prescriptive analytic software solutions. The segment’s primary solutions assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities. The Predecessor operated as a single reportable operating segment of Cyber & Engineering. Goodwill Goodwill is the amount by which the purchase price exceeded the fair value of the net identifiable assets acquired and liabilities assumed in a business combination on the date of acquisition. Goodwill is assessed for impairment at least annually as of October 1, on a reporting unit basis, or when events and circumstances occur indicating that the recorded goodwill may be impaired. The Company assesses impairment first on a qualitative basis to determine if a quantitative assessment is necessary. In circumstances where the qualitative analysis indicates that it is more likely than not that the fair value of a reporting unit does not exceed its carrying value, the Company performs a quantitative impairment test by which the goodwill impairment loss is measured as the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill. All indefinite-lived assets are reviewed for impairment annually, and as necessary if indicators of impairment are present. Internal-Use Software Costs incurred in developing internal-use software are either capitalized or expensed, depending on both the nature of the costs and the phase of development in which they are incurred. Costs incurred for implementation activities during the preliminary and post-implementation phases of a project are expensed as incurred, while costs incurred during the application development phase are generally capitalized. Costs incurred to upgrade or enhance existing software are capitalized if the changes result in additional functionality, but these costs are expensed

Restructuring Charges

Restructuring Charges	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges The Company initiated a restructuring action in the third quarter of 2022 and an additional restructuring action in the fourth quarter of 2022, both of which were completed as of December 31, 2022. The restructuring charges resulted from a strategic review of the Company’s capacity and future projections, with the purpose being to better align our organization and cost structure and improve the affordability of our products and services. During the year ended December 31, 2022, the Company recorded employee separation costs of $3,302, net of tax benefits. As of December 31, 2022, $1,767 of these cost had been settled. A liability reflecting unpaid employee separation costs of $1,535 is presented on the consolidated balance sheets within other current liabilit ies. In addition, the Company vacated certain underutilized real estate leases and as a result recognized an impairment of the associated right-of-use assets of $901. Refer to Note L—Leases for more information on the impairment. The table below summarizes total restructuring charges by reportable segment for the year ended December 31, 2022: Cyber & Engineering Analytics Total Employee separation costs $ 417 $ 2,885 $ 3,302 Impairment of right-of-use assets 90 811 901 Total restructuring charges $ 507 $ 3,696 $ 4,203

Business Combinations

Business Combinations	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Business Combinations	Business Combinations NuWave Acquisition On June 19, 2020, the Successor acqui red 100% of the equity interest of NuWave for cash and 2,900,000 units of the Successor’s Parent’s equity (“ Parent Units ”). The acquisition supports the Company’s growth in its offering of advanced data analytics. The purchase agreement with the sellers of NuWave also stipulated that certain funds would be held in escrow (“ Indemnification Escrow Deposit ” and “ Adjustment Escrow Deposit ”), for the benefit of the seller. Pursuant to and subject to the terms and conditions of the Escrow Agreement, the Indemnification Escrow Amount of $300 and the Adjustment Escrow Amount of $150 shall be held in escrow until released in accordance with the purchase agreement and the Escrow Agreement. The following table summarizes the fair value of the consideration trans ferred and the estimate d fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date. June 19, 2020 Cash paid $ 27,881 Equity issued 2,900 Purchase consideration $ 30,781 Assets: Cash $ 1,038 Accounts receivable 3,018 Other current assets 112 Contract assets 1,095 Deposits 27 Property and equipment 77 Intangible assets 16,200 Total assets acquired $ 21,567 Liabilities: Accounts payable 365 Accrued liabilities 364 Deferred tax liability 476 Total liabilities acquired $ 1,205 Fair value of net identifiable assets acquired 364 Goodwill $ 10,419 The following table summarizes the intangible assets acquired by class: June 19, 2020 Technology 5,400 Customer relationships 10,800 Total intangible assets 16,200 The fair value of the acquired technology was determined using the relief from royalty (“ RFR ”) method. The fair value of the acquired customer relationships was determined using the excess earnings method. The acquisition was accounted for as a business combination, whereby the excess of the purchase consideration over the fair value of identifiable net assets was allocated to goodwill. The goodwill reflects the potential synergies and expansion of the Company’s offerings across product lines and markets complementary to its existing products and markets. For tax purposes, the goodwill related to the asset purchase is deductible. The results of operations of NuWave for the period from June 19, 2020 to December 31, 2020 have been included in the results of operations for the Successor 2020 Period; the post-acquisition net revenues and net loss included in the Successor 2020 Period were $13,725 and $118, respectively. The acquisition-related costs included in transaction expenses in the consolidated statements of operations for the Successor 2020 Period were $1,662. PCI Acquisition On October 23, 2020, the Successor acquired 100% of the equity interest of PCI for cash and 8,142,985 units of the Successor’s Parent’s equity. The acquisition supports the Company’s growth in its offering of cybersecurity, cloud and system engineering. The purchase agreement with the sellers of PCI also stipulated that certain funds would be held in escrow (“ Adjustment Escrow Deposit ” and “ Indemnity Escrow Amount ”), for the benefit of the sellers. Pursuant to and subject to the terms and conditions of the Escrow Agreement, the Indemnification Escrow Amount of $325 and the Adjustment Escrow Amount of $650 shall be held in escrow until released in accordance with the purchase agreement and the Escrow Agreement. 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 23, 2020 Cash paid $ 55,932 Equity issued 8,143 Purchase consideration $ 64,075 Assets: Cash $ 364 Accounts receivable 6,710 Contract assets 4,569 Prepaid expenses and other current assets 383 Property and equipment 218 Other non-current assets 5 Intangible assets 22,800 Total assets acquired $ 35,049 Liabilities: Accounts payable $ 1,131 Deferred tax liability 1,033 Accrued liabilities 3,776 Total liabilities acquired $ 5,940 Fair value of net identifiable assets acquired 29,109 Goodwill $ 34,966 The following table summarizes the intangible assets acquired by class: October 23, 2020 Customer relationships $ 22,800 A measurement period adjustment increasing accrued liabilities and goodwill by $286 was recognized during the year ended December 31, 2021. The fair value of the acquired customer relationships was determined using the excess earnings method. The acquisition was accounted for as a business combination, whereby the excess of the purchase consideration over the fair value of identifiable net assets was allocated to goodwill. The goodwill reflects the potential synergies and expansion of the Company’s offerings across product lines and markets complementary to its existing products and markets. For tax purposes, the goodwill related to the asset purchase is deductible. The results of operations of PCI for the period from October 23, 2020 to December 31, 2020 have been included in the results of operations for the Successor 2020 Period; the post-acquisition net revenues and net income included in the Successor 2020 Period were $15,584 and $288, respectively. The acquisition-related costs included in transaction expenses in the consolidated statements of operations for the Successor 2020 Period were $3,484. Open Solutions Acquisition On December 2, 2020, the Company acquired 100% of the equity interest of Open Solutions for cash and 2,144,812 units of the Successor’s Parent’s equity. The acquisition supports the Company’s growth in its offering of advanced data analytics. The purchase agreement with the sellers of Open Solutions also stipulated that certain funds would be held in escrow (“ Indemnification Escrow Deposit ,” “ Adjustment Escrow Deposit ” and “ Representative Expense Fund ”), for the benefit of the sellers. Pursuant to and subject to the terms and conditions of the Escrow Agreement, the Indemnification Escrow Amount of $285, the Adjustment Escrow Amount of $372 and Representative Expense Fund $150 shall be held in escrow until released in accordance with purchase agreement and the Escrow Agreement. The following table summarizes the fair value of the consideration transferred and the estimat ed fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date. December 2, 2020 Cash paid $ 60,715 Equity issued 2,145 Purchase consideration $ 62,860 Assets: Cash $ 63 Accounts receivable 6,127 Prepaid expenses and other current assets 89 Property and equipment 305 Other non-current assets 48 Intangible assets 30,800 Total assets acquired $ 37,432 Liabilities: Accounts payable $ 122 Accrued liabilities 946 Deferred tax liability 334 Other non-current liabilities 27 Total liabilities acquired $ 1,429 Fair value of net identifiable assets acquired 36,003 Goodwill $ 26,857 The following table summarizes the intangible assets acquired by class: December 2, 2020 Technology $ 10,300 Customer relationships 20,500 Total intangible assets $ 30,800 The fair value of the acquired technology was determined using the RFR method. The fair value of the acquired customer relationships was determined using the excess earnings method. The acquisition was accounted for as a business combination, whereby the excess of the purchase consideration over the fair value of identifiable net assets was allocated to goodwill. The goodwill reflects the potential synergies and expansion of the Company’s offerings across product lines and markets complementary to its existing products and markets. For tax purposes, the goodwill related to the asset purchase is deductible. The results of operations of Open Solutions for the period from December 2, 2020 to December 31, 2020 have been included in the results of operations for the Successor 2020 Period; the post-acquisition net revenues and net income included in the Successor 2020 Period were $1,855 and $64, respectively. The acquisition-related costs included in transaction expenses in the consolidated statements of operations for the Successor 2020 Period were $2,432. ProModel Acquisition On December 21, 2020, the Successor acquired 100% of the equity interest of ProModel for cash. The acquisition supports the Company’s growth in its offering of advanced data analytics. The purchase agreement with the sellers of ProModel also stipulated that certain funds would be held in escrow (“ Adjustment Escrow Deposit ” and “ PPP Escrow Amount ”), for the benefit of the sellers. Pursuant to and subject to the terms and conditions of the Escrow Agreement, the Adjustment Escrow Amount of $425 and PPP Escrow Amount $2,557 shall be held in escrow until released in accordance with purchase agreement and the Escrow Agreement. 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. December 21, 2020 Cash paid $ 43,718 Assets: Cash 1,843 Accounts receivable 907 Other receivables 707 Contract assets 779 Prepaid expenses and other current assets 64 Property and equipment 134 Other non-current assets 18 Intangible assets 21,700 Total assets acquired $ 26,152 Liabilities: Accounts payable $ 2 Contract liabilities 501 Accrued liabilities 960 Total liabilities acquired $ 1,463 Fair value of net identifiable assets acquired 24,689 Goodwill $ 19,029 The following table summarizes the intangible assets acquired by class: December 21, 2020 Technology $ 7,000 Customer relationships 14,700 Total intangible assets $ 21,700 A measurement period adjustment increasing accrued liabilities and goodwill by $79 was recognized during the year ended December 31, 2021. The fair value of the acquired technology was determined using the RFR method. The fair value of the acquired customer relationships was determined using the excess earnings method. The acquisition was accounted for as a business combination, whereby the excess of the purchase consideration over the fair value of identifiable net assets was allocated to goodwill. The goodwill reflects the potential synergies and expansion of the Company’s offerings across product lines and markets complementary to its existing products and markets. For tax purposes, the goodwill is deductible. The results of operations of ProModel for the period from December 21, 2020 to December 31, 2020 have been included in the results of operations for the Successor 2020 Period; the post-acquisition net revenues and net income included in the Successor 2020 Period were $388 and $19, respectively. The acquisition-related costs included in transaction expenses in the consolidated statements of operations for the Successor 2020 Period were $2,513. ProModel Corporation Acquisition On April 7, 2022, the Company’s subsidiary BigBear.ai, LLC acquired 100% of the equity interest in ProModel Corporation (“ ProModel Co rporation ”), a leader in simulation-based predictive and prescriptive analytic software for process improvement enabling organizations to make better decisions, for approximately 16.1 million, subject to certain adjustments. This acquisition complements the Company’s previous acquisition of ProModel, which closed on December 21, 2020. The acquisition was funded through a combination of cash on hand and the issuance of 649,976 shares of the Company’s common stock. ProModel Corporation is aligned under the Company’s Analytics business segment. The purchase agreement with the sellers of ProModel Corporation also stipulates that certain funds would be held in escrow (“ Indemnity Escrow Deposit ”, “ Distribution Withholding Deposit ”, and “ Adjustment Escrow Deposit ”), for the benefit of the seller. Pursuant to and subject to the terms and conditions of the Escrow Agreement, the Adjustment Escrow Amount of $200, the Distribution Withholding Escrow Amount of $100, and the Indemnity Escrow Amount of $100 shall be held in escrow until released in accordance with the purchase agreement and the Escrow Agreement. The following table summarizes the preliminary fair value of the consideration transferred and the preliminary estimated fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date. April 7, 2022 Cash paid $ 8,559 Equity issued 7,501 Purchase consideration $ 16,060 Assets: Cash $ 4,094 Accounts receivable 743 Prepaid expenses and other current assets 1,600 Contract assets 398 Property and equipment 83 Other non-current assets 21 Intangible assets 9,300 Total assets acquired $ 16,239 Liabilities: Accounts payable 5 Accrued liabilities 7,752 Contract liabilities 1,555 Deferred tax liabilities 1,458 Total liabilities acquired $ 10,770 Fair value of net identifiable assets acquired 5,469 Goodwill $ 10,591 The following table summarizes the intangible assets acquired by class: April 7, 2022 Technology $ 3,500 Customer relationships 5,800 Total intangible assets $ 9,300 The acquired technology and customer relationship intangible assets have a weighted-average estimated useful lives of 7 years and 20 years, respectively. The amounts above represent the current preliminary fair value estimates as the measurement period is still open as of December 31, 2022. The Company is refining tax positions that existed at the date of the acquisition. The fair value of the acquired technology was determined using the relief from royalty (“RFR”) method. The fair value of the acquired customer relationships was determined using the excess earnings method. The acquisition was accounted for as a business combination, whereby the excess of the purchase consideration over the fair value of identifiable net assets was allocated to goodwill. The goodwill reflects the potential synergies and expansion of the Company’s offerings across product lines and markets complementary to its existing products and markets. For tax purposes, the goodwill related to the acquisition is deductible. Pro Forma Financial Data (Unaudited) The following table presents the pro forma combined results of operations for the business combinations for the years ended December 31, 2022 and December 31, 2021 as though the acquisitions had been completed as of January 1, 2021. Pro forma for the year ended December 31, 2022 December 31, 2021 Net revenue $ 156,256 $ 151,380 Net loss (122,751) (124,762) Transaction expenses 1,585 — The amounts included in the pro forma information are based on the historical results and do not necessarily represent what would have occurred if all the business combinations had taken place as o f January 1, 2021, n or do they represent the results that may occur in the future. Accordingly, the pro forma financial information should not be relied upon as being indicative of the results that would have been realized had the acquisition occurred as of the date indicated or that may be achieved in the future. The Company incurred $1,585 of transaction expenses attributable to the acquisition of ProModel Corporation during the year ended December 31, 2022.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Cash and cash equivalents, restricted cash, accounts receivable, prepaid expenses and other current assets, accounts payable, short-term debt, including the current portion of long-term debt, accrued liabilities, and other current liabilities are reflected on the consolidated balance sheets at amounts that approximate fair value because of the short-term nature of these financial assets and liabilities. Private warrants and written put options are valued using a modified Black-Scholes option pricing model ( “OPM” ), which is considered to be a Level 3 fair value measurement. See Note R—Warrants for information on the Level 3 inputs used to value the private warrants and Note P—Written Put Option for information on the Level 3 inputs used to value the written put options. The table below presents the financial liabilities measured at fair value on a recurring basis: December 31, 2022 Balance Sheet Caption Level 1 Level 2 Level 3 Total Private warrants Other non-current liabilities $ — $ — $ 9 $ 9 Written put options Derivative liabilities — — — — December 31, 2021 Balance Sheet Caption Level 1 Level 2 Level 3 Total Private warrants Other non-current liabilities $ — $ — $ 319 $ 319 Written put options Derivative liabilities — — 44,827 44,827 The changes in the fair value of the Level 3 liabilities are as follows: Level 3 Private warrants Written put options December 31, 2020 $ — $ — Additions 422 11,371 Changes in fair value (103) 33,456 Settlements — — December 31, 2021 $ 319 $ 44,827 Additions — — Changes in fair value (267) (1,281) Settlements (43) (43,546) December 31, 2022 $ 9 $ —

Property and Equipment, net

Property and Equipment, net	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net The property and equipment and accumulated depreciation balances are as follows: December 31, 2022 December 31, 2021 Computer equipment $ 1,006 $ 859 Furniture and fixtures 713 433 Leasehold improvements 398 117 Office equipment 168 89 Software 60 6 Less: accumulated depreciation (912) (426) Property and equipment, net $ 1,433 $ 1,078 The table below presents depreciation expense related to property and equipment for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Depreciation expense on property and equipment $ 497 $ 410 $ 26 $ 52

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill During the second quarter for the year ending December 31, 2022, the Company identified factors indicating that the fair value of both the Cyber & Engineering and Analytics reporting units may be less than their respective carrying amounts. These factors were related to a shift in the Federal Government’s focus to address immediate needs in Ukraine, causing a slowdown in the pace of contract awards. This resulted in lower revenues than anticipated during the period and caused future revenue projections to be revised. As a result, the Company performed a quantitative goodwill impairment assessment, as described further below, and concluded that the carrying value of the Cyber & Engineering reporting unit exceeded its fair value and accordingly the Company recorded a non-tax-deductible goodwill impairment charge of $35,252, which is included within the consolidated statements of operations for the year ended December 31, 2022. During the fourth quarter of the year ending December 31, 2022, the Company identified factors indicating that the fair value of the Analytics reporting unit may be less than its carrying amount. These factors were related to current macroeconomic headwinds, delays in contract awards, and changes to previously anticipated growth rates. This resulted in lower revenues than anticipated during the period and caused future revenue projections to be revised. As a result, the Company performed a quantitative goodwill impairment assessment, as described further below, and concluded that the carrying value of the Analytics reporting unit exceeded its fair value and accordingly the Company recorded a non-tax-deductible goodwill impairment charge of $18,292, which is included within the consolidated statements of operations for the year ended December 31, 2022. The Company utilized a combination of the discounted cash flow (“ DCF ”) method of the Income Approach and the Market Approach. Under the Income Approach, the future cash flows of the Company’s reporting units were projected based on estimates of future revenues, gross margins, operating income, excess net working capital, capital expenditures, and other factors. The Company utilized estimated revenue growth rates and cash flow projections. The discount rates utilized in the DCF method were based on a weighted-average cost of capital (“ WACC ”) determined from relevant market comparisons and adjusted for specific reporting unit risks and capital structure. A terminal value estimated growth rate was applied to the final year of the projected period and reflected the Company’s estimate of perpetual growth. The Company then calculated the present value of the respective cash flows for each reporting unit to arrive at an estimate of fair value under the Income Approach. The Market Approach is comprised of the Guideline Public Company and the Guideline Transactions Methods. The Guideline Public Company Method focuses on comparing the Company to selected reasonably similar (or guideline) publicly traded companies. Under this method, valuation multiples were: (i) derived from the operating data of selected guideline companies; (ii) evaluated and adjusted based on the strengths and weaknesses of the Company relative to the selected guideline companies; and (iii) applied to the operating data of the Company to arrive at an indication of value. In the Guideline Transactions Method, consideration was given to prices paid in recent transactions that had occurred in the Company’s industry or in related industries. The Company then reconciled the estimated fair value of its reporting units to its total public market capitalization as of the valuation date. The table below presents the changes in the carrying amount of goodwill by reporting unit: Cyber & Analytics Total December 31, 2020 $ 34,966 $ 56,305 $ 91,271 Measurement period adjustment - PCI 286 — 286 Measurement period adjustment - ProModel — 79 79 As of December 31, 2021 $ 35,252 $ 56,384 $ 91,636 Goodwill arising from the ProModel Corporation acquisition — 10,591 10,591 Goodwill impairment (35,252) (18,292) (53,544) As of December 31, 2022 $ — $ 48,683 $ 48,683 Accumulated impairment losses to goodwill were $53,544 as of December 31, 2022, of which $35,252 relates to the Cyber & Engineering reporting unit and $18,292 relates to the Analytics reporting unit .

Intangible Assets, net

Intangible Assets, net	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, net	Intangible Assets, net The intangible asset balances and accumulated amortization are as follows: December 31, 2022 Gross carrying amount Accumulated amortization Net carrying amount Weighted average useful life in years Customer relationships $ 74,600 $ (7,702) $ 66,898 20 Technology 26,200 (7,413) 18,787 7 Total $ 100,800 $ (15,115) $ 85,685 December 31, 2021 Gross Accumulated Net Weighted Customer relationships $ 68,800 $ (4,051) $ 64,749 20 Technology 22,700 (3,803) 18,897 7 Total $ 91,500 $ (7,854) $ 83,646 The table below presents the amortization expense related to intangible assets for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Amortization expense related to intangible assets $ 7,261 $ 6,852 $ 1,002 $ — The table below presents the estimated amortization expense on intangible assets for the next five years and thereafter as of December 31, 2022: 2023 $ 7,473 2024 7,473 2025 7,473 2026 7,473 2027 6,912 Thereafter 48,881 Total estimated amortization expense $ 85,685

Prepaid expenses and other curr

Prepaid expenses and other current assets	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses and other current assets	Prepaid expenses and other current assets The table below presents details on prepaid expenses and other current assets: December 31, 2022 December 31, 2021 Prepaid insurance $ 3,205 $ 4,265 Prepaid expenses 1,663 1,933 Prepaid taxes 1,827 284 Pre-contract costs (1) 3,605 546 Total prepaid expenses and other current assets $ 10,300 $ 7,028 (1) Costs incurred to fulfill a contract in advance of the contract being awarded are included in prepaid expenses and other current assets if we determine that those costs relate directly to a contract or to an anticipated contract that we can specifically identify and contract award is probable, the costs generate or enhance resources that will be used in satisfying performance obligations, and the costs are recoverable (referred to as pre-contract costs) . Pre-contract costs that are initially capitalized in prepaid assets and other current assets are generally recognized as cost of revenues consistent with the transfer of products or services to the customer upon the receipt of the anticipated contract. All other pre-contract costs, including start-up costs, are expensed as incurred. As of December 31, 2022 and December 31, 2021, $3,605 and $546 of pre-contract costs were included in prepaid expenses and other current assets, respectively.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities The table below presents details on accrued liabilities: December 31, 2022 December 31, 2021 Payroll accruals $ 11,319 $ 9,011 Accrued interest 567 842 Other accrued expenses 1,480 882 Total accrued liabilities $ 13,366 $ 10,735

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Debt	Debt The table below presents the Company’s debt balances: December 31, 2022 December 31, 2021 Convertible Notes $ 200,000 $ 200,000 Bank of America Senior Revolver — — D&O Financing Loan 2,059 4,233 Total debt 202,059 204,233 Less: unamortized issuance costs 7,682 9,636 Total debt, net 194,377 194,597 Less: current portion 2,059 4,233 Long-term debt, net $ 192,318 $ 190,364 Convertible Notes Upon consummation of the Merger, the Company issued $200.0 million of unsecured convertible notes (the “Convertible Notes” ) to certain investors. The Convertible Notes bear interest at a rate of 6.0% per annum, payable semi-annually, and not including any interest payments that are settled with the issuance of shares, were initially convertible into 17,391,304 shares of the Company’s common stock at an initial Conversion Price of $11.50. The Conversion Price is subject to adjustments. On May 29, 2022, pursuant to the Convertible Note indenture, the conversion rate applicable to the Convertible Notes was adjusted to 94.2230 (previously 86.9565) shares of common stock per $1,000 principal amount of Convertible Notes because the average of the daily volume-weighted average price of the common stock during the preceding 30 trading days was less than $10.00 (the “ Conversion Rate Reset ”). After giving effect to the Conversion Rate Reset, the Conversion Price is $10.61 and the Convertible Notes are convertible into 18,844,600 shares, not including any interest payments that are settled with the issuance of shares. The Convertible Note financing matures on December 15, 2026. The Company may, at its election, force conversion of the Convertible Notes after December 15, 2022 and prior to October 7, 2026 if the trading price of the Company’s common stock exceeds 130% of the conversion price for 20 out of the preceding 30 trading days and the 30-day average daily trading volume ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to $3.0 million for the first two years after the initial issuance of the Convertible Notes and $2.0 million thereafter. Upon such conversion, the Company will be obligated to pay all regularly scheduled interest payments, if any, due on the converted Convertible Notes on each interest payment date occurring after the conversion date for such conversion to, but excluding, the maturity date (such interest payments, an “ Interest Make-Whole Payments ”). In the event that a holder of the Convertible Notes elects to convert the Convertible Notes (a) prior to December 15, 2024, the Company will be obligated to pay an amount equal to twelve months of interest or (b) on or after December 15, 2024 but prior to December 15, 2025, any accrued and unpaid interest plus any remaining amounts that would be owed up to, but excluding, December 15, 2025. The Interest Make-Whole Payments will be payable in cash or shares of the common stock at the Company’s election, as set forth in the Indenture. Following certain corporate events that occur prior to the maturity date or if the Company exercises its mandatory conversion right in connection with such corporate events, the conversion rate will be increased in certain circumstances for a holder who elects, or has been forced, to convert its Convertible Notes in connection with such corporate events. If a Fundamental Change (as defined in the Convertible Note indenture) occurs prior to the maturity date, holders of the Convertible Notes will have the right to require the Company to repurchase all or any portion of their Convertible Notes in principal amounts of one thousand dollars or an integral multiple thereof, at a repurchase price equal to the principal amount of the Convertible Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the repurchase date. The Convertible Notes require the Company to meet certain financial and other covenants. As of December 31, 2022, the Company was in compliance with all covenants. On May 29, 2022, pursuant to the conversion rate adjustment provisions in the Convertible Note indenture, the Conversion Price was adjusted to $10.61 (or 94.2230 shares of common stock per one thousand dollars of principal amount of Convertible Notes). Subsequent to the adjustment, the Convertible Notes are convertible into 18,844,600 shares, not including any interest payments that are settled with the issuance of shares. As of December 31, 2022 , the Company has an outstanding balance of $200.0 million related to the Convertible Notes, which is recorded on the balance sheet net of approximately $7.7 million of unamortized debt issuance costs. Bank of America Senior Revolver The Company is party to a senior credit agreement with Bank of America, N.A. (the “Bank of America Credit Agreement” ), entered into on December 7, 2021 (the “ Closing Date ”), subsequently amended on November 8, 2022, providing the Company with a $25.0 million senior secured revolving credit facility (the “Senior Revolver” ). Proceeds from the Senior Revolver will be used to fund working capital needs, capital expenditures, and other general corporate purposes. The Senior Revolver matures on December 7, 2025 (the “Maturity Date” ). The Senior Revolver is secured by a pledge of 100% of the equity of certain of the Company’s wholly owned subsidiaries and a security interest in substantially all of the Company’s tangible and intangible assets. The Senior Revolver includes borrowing capacity available for letters of credit and for borrowings on same-day notice, referred to as the “swing loans.” Any issuance of letters of credit or making of a swing loan will reduce the amount available under the revolving credit facility. The Company may increase the commitments under the Senior Revolver in an aggregate amount of up to the greater of $25.0 million or 100% of consolidated adjusted EBITDA plus any additional amounts so long as certain conditions, including compliance with the applicable financial covenants for such period, in each case on a pro forma basis, are satisfied. As of the Closing Date, borrowings under the Senior Revolver bear interest, at the Company’s option, at: (i) A Base Rate plus a Base Rate Margin of 2.00%. Base Rate is a fluctuating rate per annum equal to the higher of (a) the Federal Funds Rate plus 0.50%, (b) the prime rate of Bank of America, N.A., and (c) Bloomberg Short-Term Yield Index (“ BSBY ”) Rate plus 1.00%; or (ii) The BSBY Rate plus a BSBY Margin of 1.00%. The Base Rate Margin and BSBY Margin became subject to adjustment based on the Company’s Secured Net Leverage Ratio after March 31, 2022. The Company is also required to pay unused commitment fees and letter of credit fees under the Bank of America Credit Agreement. The Second Amendment (defined below) increased the Base Rate Margin, BSBY Margin and unused commitment fees by 0.25%. The Bank of America Credit Agreement requires the Company to meet certain financial and other covenants. The Company was not in compliance with the Fixed Charge Coverage ratio requirement as of June 30, 2022, and as a result was unable to draw on the facility. The Company notified Bank of America N.A. of the covenant violation, and on August 9, 2022, entered into the First Amendment (the “First Amendment” ) to the Bank of America Credit Agreement, which, among other things, waived the requirement that the Company demonstrate compliance with the minimum Fixed Charge Coverage ratio provided for in the Credit Agreement for the quarter ended June 30, 2022. The Company was not in compliance with the Fixed Charge Coverage ratio requirement as of September 30, 2022, and as a result was unable to draw on the facility. On November 8, 2022, the Company entered into a Second Amendment to the Bank of America Credit Agreement (the “ Second Amendment ”), which modifies key terms of the Senior Revolver. As a result of the Second Amendment, funds available under the Senior Revolver are reduced to $25.0 million from $50.0 million, limited to a borrowing base of 90% of Eligible Prime Government Receivables and Eligible Subcontractor Government Receivables, plus 85% of Eligible Commercial Receivables. Additionally, the Second Amendment increased the Base Rate Margin, BSBY Margin and unused commitment fees by 0.25%. Following entry into the Second Amendment, the Senior Revolver no longer is subject to a minimum Fixed Charge Coverage ratio covenant. In order for the facility to become available for borrowings (the “ initial availability quarter ”), the Company must report Adjusted EBITDA of at least one dollar. Commencing on the first fiscal quarter after the initial availability quarter, the Company is required to have aggregated reported Adjusted EBITDA of at least $1 over the two preceding quarters to maintain its ability to borrow under the Senior Revolver (though the inability to satisfy such condition does not result in a default under the Senior Revolver). Failure to meet these Adjusted EBITDA requirements is not deemed to be a default but will limit the Company’s ability to make borrowings under the Senior Revolver until such time that the Company is able meet the Adjusted EBITDA thresholds as defined in the Second Amendment. As the initial availability quarter is the first quarter of fiscal year 2023, the Company was unable to draw on the Senior Revolver as of December 31, 2022. The Second Amendment removes the requirement that the Company demonstrate compliance with the minimum Fixed Charge Coverage ratio. Based on current forecasts, management believes that it is reasonably likely that the Company may fail to meet the minimum Adjusted EBITDA requirements of the Bank of America Credit Agreement in future periods and therefore, may be unable to draw on the facility. Management performed a cash flow analysis to identify the Company’s projected approximate cash flow and liquidity needs for the next 12 months. Based on the Company’s projected cash flow and liquidity needs, we believe that our cash from operating activities generated from continuing operations during the year will be adequate for the next 12 months to meet our anticipated uses of cash flow, including payroll obligations, working capital, operating lease obligations, capital expenditures and debt service costs, and it is considered unlikely that the Company would require access to draw funds on the Senior Revolver in the foreseeable future. As of December 31, 2022, the Company had not drawn on the Line of Credit. Unamortized debt issuance costs of $198 as of December 31, 2022, are recorded on the consolidated balance sheets and are presented in other non-current assets. D&O Financing Loan On December 8, 2021, the Company entered into a $4,233 loan (the “D&O Financing Loan” ) with AFCO Credit Corporation to finance the Company’s directors and officers insurance premium through December 2022. The D&O Financing Loan had an interest rate of 1.50% per annum and a maturity date of December 8, 2022. On December 8, 2022, the Company entered into a $2,059 loan (the “ 2023 D&O Financing Loan ”) with AFCO Credit Corporation to finance the Company’s directors and officers insurance premium through December 2023. The 2023 D&O Financing Loan required an upfront payment of $1,109 and has an interest rate of 5.75% per annum and a maturity date of December 8, 2023.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Leases The Company is obligated under operating leases for certain real estate and office equipment assets. The Company’s finance leases are not material. Certain leases contained predetermined fixed escalation of minimum rents at rates ranging from 2.5% to 5.4% per annum and remaining lease terms of up to eight years, some of which include renewal options that could extend certain leases to up to an additional five years. The following table presents supplemental information related to leases at December 31, 2022: Weighted average remaining lease term 5.32 Weighted average discount rate 10.43 % The table below presents rent expense under all leases for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Rent expense $ 1,899 $ 1,612 $ 198 $ 367 Rent expense for the year ended December 31, 2022 includes $398 of short-term lease costs and $42 of variable lease costs. The following table presents supplemental cash flow and non-cash information related to leases: Year Ended December 31, 2022 Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from leases $ 1,160 Right-of-use assets obtained in exchange for lease obligations - non-cash activity $ 2,027 As of December 31, 2022 , the future annual minimum lease payments for operating leases are as follows: 2023 $ 1,429 2024 1,257 2025 1,207 2026 1,138 2027 531 Thereafter 3,625 Total future minimum lease payments $ 9,187 Less: amounts related to imputed interest (3,289) Present value of future minimum lease payments 5,898 Less: current portion of long-term lease liability 806 Long-term lease liability $ 5,092 During the fourth quarter of 2022, the Company vacated certain underutilized real estate leases as a result of its continued efforts to consolidate administrative functions and reduce overhead costs. The Company intends to sublease certain of these leases (where practicable and contractually permitted), and as of December 31, 2022, had subleased two of the vacated real estate leases and recognized $48 of sublease income on the consolidated statements of operations. The decision to vacate these real estate leases is considered an indicator of impairment of the right-of-use asset. The Company utilized a discounted cash flow to estimate the fair value as of the date each lease was vacated. This included, amongst other inputs, estimating future sublease income through the end of each remaining lease term (where contractually permitted). These cash flows were discounted using a risk-adjusted risk-free rate. The carrying value of the right-of-use assets exceeded its estimated fair value and as a result, the Company recognized an impairment expense of $901, which is presented in restructuring charges on the consolidated statements of operations for the year ended December 31, 2022.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Predecessor was established and taxed as a partnership, and therefore, was not generally subject to federal, state and local corporate income taxes. The tax attributes of the Predecessor are reported on each members’ respective income tax return. Consequently, the provision for income tax provided in the accompanying financial statements arose in states that assess income tax at the enti ty level. The Successor is established as a limited liability company and has elected to be taxed as a corporation for federal, state, and local income tax purposes. The table below presents the components of income tax (benefit) expense for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Federal: Deferred $ (1,372) $ 797 $ (2,047) $ — Total Federal (1,372) 797 (2,047) — State: Current 40 42 4 11 Deferred (385) 245 (590) (8) Total State (345) 287 (586) 3 Income tax (benefit) expense $ (1,717) $ 1,084 $ (2,633) $ 3 The following is the reconciliation of the amounts computed using the federal statutory income tax rate and the amounts computed using the effective income tax rate: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Tax benefit at federal statutory rates $ (25,853) (25,718) (2,199) — State income tax, net of federal tax benefit (7,532) (2,163) (628) 3 Class B Incentive Unit equity-based compensation 1,001 12,673 — — Valuation allowance 28,607 8,967 — — Net (decrease) increase in fair value of derivatives (334) 7,004 — — Goodwill impairment 1,900 — — — Transaction expenses — — 119 — Other permanent differences 494 321 75 — Income tax expense (benefit) $ (1,717) $ 1,084 (2,633) $ 3 Effective tax rate 1.4% (0.9) % 25.1 % 0.0% The table below presents the components of net deferred tax assets and deferred liabilities: December 31, December 31, Deferred tax assets: Net operating loss carryforwards $ 23,750 $ 9,932 Interest carryforwards 5,660 2,151 Amortizable transaction costs 1,874 1,410 Accrued expenses 1,226 1,361 Deferred rent — 51 Equity-based compensation 1,043 50 Depreciation and amortization 8,017 — Lease liabilities 1,626 — Section 174 costs 2,729 — Other assets 239 114 Total deferred tax assets 46,164 15,069 Valuation allowance (43,347) (13,439) Net deferred tax assets 2,817 1,630 Deferred tax liabilities: Depreciation and amortization — 1,267 Prepaid expenses 1,490 611 Right-of-use assets 1,276 — Total deferred tax liabilities 2,766 1,878 Net deferred tax assets (liabilities) $ 51 $ (248) As of December 31, 2022, the Company has $83,182 of U.S. federal net operating losses, all of which can be carried forward indefinitely. As of December 31, 2022, the Company has $86,647 of U.S. state net operating losses which will begin to expire in 2031. A valuation allowance is provided for deferred income tax assets when it is more likely than not that future tax benefits will not be realized. The Company assesses whether a valuation allowance should be established against deferred tax assets based upon consideration of all available evidence, both positive and negative, using a more likely than not standard. This assessment considers, among other matters, the Company’s history of losses, the duration of statutory carryforward periods, the Company’s experience with tax attributes expiring, impacts of enacted changes in tax laws and tax planning strategies, and the taxable income generated through the future reversals of deferred tax liabilities. In making such judgments, significant weight is given to evidence that can be objectively verified. After analyzing all available evidence, the Company determined it was more likely that it would be not able to utilize all of its deferred tax assets, and has therefore established a full valuation allowance. The Company had valuation allowances against net deferred tax assets of $43,347 and $13,439 as of December 31, 2022 and December 31, 2021, respectively. The valuation allowance of $13,439 was initially established during the year ended December 31, 2021. During the year ended December 31, 2022, the increase of $29,908 in the valuation allowance was primarily attributable to a net increase in our deferred tax assets resulting from net operating losses, section 174 capitalization, and goodwill impairment. Unrecognized Tax Benefits As of December 31, 2022 and December 31, 2021, the Company had gross unrecognized tax benefits of $785 and $—, respectively. The unrecognized tax benefit was recorded as a reduction in our gross deferred tax assets, offset by a corresponding reduction in our valuation allowance. None of the unrecognized tax benefits, if recognized, would affect the effective tax rate because of the valuation allowance. There are no interest and penalties associated with the unrecognized tax benefits. We are subject to income taxes only in the United States, and all tax years since the Company’s inception are open for examination. The table below presents the Company’s gross unrecognized tax benefits: Unrecognized tax benefits as of December 31, 2021 $ — Increases related to positions taken on prior year items 785 Unrecognized tax benefits as of December 31, 2022 $ 785

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans 401(k) Plans The Predecessor maintained a qualified 401(k) plan for its U.S. employees. The Company maintains three qualified 401(k) plans for its U.S. employees: the PCI 401(k) plan, the NuWave 401(k) plan and the Open Solutions 401(k) plan. The table below presents the total contributions to the Company’s 401(k) plans for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Total contributions $ 5,880 $ 3,975 $ 650 $ 1,724

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Contingencies in the Normal Course of Business Under certain contracts with the U.S. government and certain governmental entities, contract costs, including indirect costs, are subject to audit by and adjustment through negotiation with governmental representatives. Revenue is recorded in amounts expected to be realized on final settlement of any such audits. Legal Proceedings The Company is subject to litigation, claims, investigations and audits arising from time to time in the ordinary course of business. Although legal proceedings are inherently unpredictable, the Company believes that it has valid defenses with respect to any matters currently pending against the Company and intends to defend itself vigorously. The outcome of these matters, individually and in the aggregate, is not expected to have a material impact on the Company’s consolidated balance sheets, consolidated statements of operations, or cash flows

Written Put Option

Written Put Option	12 Months Ended
	Dec. 31, 2022
Derivative Instrument Detail [Abstract]
Written Put Option	Written Put Option Immediately prior to the stockholder vote for the Merger, GigCapital4 executed a series of FPAs with Highbridge Tactical Credit Master Fund. L.P. and Highbridge SPAC Opportunity Fund, L.P. (the “ Highbridge Investors ”), Tenor Opportunity Master Fund Ltd. (“ Tenor ”), and Glazer Capital, LLC and Meteora Capital, LLC (the “ Glazer Investors ”, together with the Highbridge Investors and Tenor, the “ Investors ”). The FPAs provide that each of the Investors would not redeem their shares and instead would hold the shares for a period of up to three months following the consummation of the Merger, at which time they would have the right to sell the shares to the Company for $10.15 per share (the “ Written Put Option ”). The Investors had the right to sell shares on the open market before the end of the three-month period provided that the share price was at least $10.00 per share. If the Investors sold any shares in the open market within the first month of the three-month period and at a price greater than $10.05 per share, the Company would pay the Investors $0.05 per share sold. The following table indicates the aggregate number of shares of common stock subject to the FPAs by each Investor: December 6, 2021 Highbridge Investors 2,453,195 Tenor 2,499,608 Glazer Investors 5,000,000 Total shares 9,952,803 During the first quarter of 2022 , the Company settled the derivative liability associated with the Written Put Option by repurchasing all 9,952,803 shares of its common stock at the Investors’ request. Certain of the Investors requested for their shares to be repurchased prior to the end of the three-month period at a reduced price per share. As a result, 5,000,000 shares were repurchased at $10.125 per share during the first quarter of 2022. Of the $101,021 previously presented as restricted cash on the Company’s consolidated balance sheets on December 31, 2021, $100,896 was released from the escrow account to settle the obligation to Investors and the remaining $125 was reclassified to cash and cash equivalents. The table below presents the value of the Written Put Option under the Black-Scholes OPM using the following assumptions as of December 31, 2021: December 31, 2021 Value of the written put options $ 4.50 Exercise price $ 10.15 Common stock price $ 5.66 Expected option term (in years) 0.18 Expected volatility 66.00% Risk-free rate of return 0.06% Expected annual dividend yield —% As of December 31, 2021, the Written Put Option had a fair value of $44,827 and was presented on the consolidated balance sheet consolidated statement of operations Public Warrants Each public warrant entitles the registered holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment. Pursuant to the warrant agreement, a warrant holder may exercise its warrants only for a whole number of shares of common stock. This means only a whole warrant may be exercised at a given time by a warrant holder. The warrants will expire on December 7, 2026, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. The Company may call the public warrants for redemption as follows: (1) in whole and not in part; (2) at a price of $0.01 per warrant; (3) upon a minimum of 30 days’ prior written notice of redemption; (4) if there is an effective registration statement covering the shares of common stock issuable upon exercise of the warrants and a current prospectus available throughout the 30-day notice period; and (5) only if the last reported closing price of the common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders. If the Company calls the public warrants for redemption, management will have the option to require all holders that wish to exercise the Company public warrants to do so on a “cashless basis.” The exercise price and number of shares of common stock issuable upon exercise of the warrants may be adjusted in certain circumstances including stock dividends, stock splits, extraordinary dividends, consolidation, combination, reverse stock split or reclassification of shares of the Company’s common stock or other similar event. In no event will the Company be required to net cash settle the warrant shares. As of December 31, 2022 and December 31, 2021, there were 12,115,130 and 11,959,939 public warrants issued and outstanding, respectively. Private Warrants The terms and provisions of the public warrants above also apply to the private warrants. If the private warrants are held by holders other than GigAcquisitions4, LLC (“ Sponsor ”), Oppenheimer & Co. Inc. and Nomura Securities International, Inc. (together, the “Underwriters” ), or any respective permitted transferees, the private warrants will be redeemable by the Company and exercisable by the holders on the same basis as the public warrants. The Sponsor, the Underwriters, and any respective permitted transferees have the option to exercise the private warrants on a cashless basis. The table below presents the value of the private warrants under the Black-Scholes OPM using the following assumptions as of the following dates: December 31, 2022 December 31, 2021 Fair value of each private warrant $ 0.04 $ 0.87 Exercise price $ 11.50 $ 11.50 Common stock price $ 0.67 $ 5.66 Expected option term (in years) 3.90 4.94 Expected volatility 72.10% 39.50 % Risk-free rate of return 4.10% 1.25 % Expected annual dividend yield —% — % As of December 31, 2022, the private warrants have a fair value of $9 and are presented on the consolidated balance sheets within other non-current liabilit ies. The gain of $267 was recognized as a result of the change in fair value for the year ended December 31, 2022, are presented in net (decrease) increase in fair value of derivatives on the consolidated statements of operations. As of December 31, 2022 and December 31, 2021, there were 210,642 and 366,533 private warrants issued and outstanding, respectively.

Stockholders_ Equity

Stockholders’ Equity	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Stockholders’ Equity	Stockholders’ Equity Common Stock The table below presents the details of the Company’s authorized common stock as of the following periods: December 31, 2022 December 31, 2021 Common stock: Authorized shares of common stock 500,000,000 500,000,000 Common stock par value per share $ 0.0001 $ 0.0001 Common stock outstanding at the period end 127,022,363 135,566,227 Treasury Stock During the year ended December 31, 2022, the Company repurchased 9,952,803 shares at a cost of $57,350 to settle the Company’s obligations under the FPAs. These shares are measured at cost and presented as treasury stock on the consolidated balance sheets and consolidated statements of stockholders’ (deficit) equity. Dividend Rights Subject to applicable law and the rights, if any, of the holders of any outstanding series of the Company’s preferred stock or any class or series of stock having a preference over or the right to participate with the Company’s common stock with respect to the payment of dividends, dividends may be declared and paid ratably on the Company’s common stock out of the assets of the Corporation that are legally available for this purpose at such times and in such amounts as the Company’s Board in its discretion shall determine. Voting Rights Each outstanding share of the Company’s common stock is entitled to one vote on all matters submitted to a vote of stockholders. Holders of shares of common stock do not have cumulative voting rights. Conversion or Redemption Rights The Company’s common stock is neither convertible nor redeemable. Liquidation Rights Upon the Company’s liquidation, the holders of the Company’s common stock are entitled to receive prorata the Company’s assets that are legally available for distribution, after payment of all debts and other liabilities and subject to the prior rights of any holders of the Company’s preferred stock then outstanding. Preferred Stock The table below presents the details of the Company’s authorized preferred stock as of the following periods: December 31, 2022 December 31, 2021 Preferred stock: Authorized shares of preferred stock 1,000,000 1,000,000 Preferred stock par value per share $ 0.0001 $ 0.0001 Preferred stock outstanding at the period end — — The Company’s Board may, without further action by the Company’s stockholders, from time to time, direct the issuance of shares of preferred stock in series and may, at the time of issuance, determine the designations, powers, preferences, privileges and relative participating, optional or special rights as well as the qualifications, limitations or restrictions thereof, including dividend rights, conversion rights, voting rights, terms of redemption and liquidation preferences, any or all of which may be greater than the rights of the Company’s common stock. Satisfaction of any dividend preferences of outstanding shares of the Company’s preferred stock would reduce the amount of funds available for the payment of dividends on shares of the Company’s common stock. Upon the affirmative vote of a majority of the total number of directors then in office, the Company’s Board may issue shares of the Company’s preferred stock with voting and conversion rights which could adversely affect the holders of shares of the Company’s common stock.

Warrants

Warrants	12 Months Ended
	Dec. 31, 2022
Warrants and Rights Note Disclosure [Abstract]
Warrants	Written Put Option Immediately prior to the stockholder vote for the Merger, GigCapital4 executed a series of FPAs with Highbridge Tactical Credit Master Fund. L.P. and Highbridge SPAC Opportunity Fund, L.P. (the “ Highbridge Investors ”), Tenor Opportunity Master Fund Ltd. (“ Tenor ”), and Glazer Capital, LLC and Meteora Capital, LLC (the “ Glazer Investors ”, together with the Highbridge Investors and Tenor, the “ Investors ”). The FPAs provide that each of the Investors would not redeem their shares and instead would hold the shares for a period of up to three months following the consummation of the Merger, at which time they would have the right to sell the shares to the Company for $10.15 per share (the “ Written Put Option ”). The Investors had the right to sell shares on the open market before the end of the three-month period provided that the share price was at least $10.00 per share. If the Investors sold any shares in the open market within the first month of the three-month period and at a price greater than $10.05 per share, the Company would pay the Investors $0.05 per share sold. The following table indicates the aggregate number of shares of common stock subject to the FPAs by each Investor: December 6, 2021 Highbridge Investors 2,453,195 Tenor 2,499,608 Glazer Investors 5,000,000 Total shares 9,952,803 During the first quarter of 2022 , the Company settled the derivative liability associated with the Written Put Option by repurchasing all 9,952,803 shares of its common stock at the Investors’ request. Certain of the Investors requested for their shares to be repurchased prior to the end of the three-month period at a reduced price per share. As a result, 5,000,000 shares were repurchased at $10.125 per share during the first quarter of 2022. Of the $101,021 previously presented as restricted cash on the Company’s consolidated balance sheets on December 31, 2021, $100,896 was released from the escrow account to settle the obligation to Investors and the remaining $125 was reclassified to cash and cash equivalents. The table below presents the value of the Written Put Option under the Black-Scholes OPM using the following assumptions as of December 31, 2021: December 31, 2021 Value of the written put options $ 4.50 Exercise price $ 10.15 Common stock price $ 5.66 Expected option term (in years) 0.18 Expected volatility 66.00% Risk-free rate of return 0.06% Expected annual dividend yield —% As of December 31, 2021, the Written Put Option had a fair value of $44,827 and was presented on the consolidated balance sheet consolidated statement of operations Public Warrants Each public warrant entitles the registered holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment. Pursuant to the warrant agreement, a warrant holder may exercise its warrants only for a whole number of shares of common stock. This means only a whole warrant may be exercised at a given time by a warrant holder. The warrants will expire on December 7, 2026, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. The Company may call the public warrants for redemption as follows: (1) in whole and not in part; (2) at a price of $0.01 per warrant; (3) upon a minimum of 30 days’ prior written notice of redemption; (4) if there is an effective registration statement covering the shares of common stock issuable upon exercise of the warrants and a current prospectus available throughout the 30-day notice period; and (5) only if the last reported closing price of the common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders. If the Company calls the public warrants for redemption, management will have the option to require all holders that wish to exercise the Company public warrants to do so on a “cashless basis.” The exercise price and number of shares of common stock issuable upon exercise of the warrants may be adjusted in certain circumstances including stock dividends, stock splits, extraordinary dividends, consolidation, combination, reverse stock split or reclassification of shares of the Company’s common stock or other similar event. In no event will the Company be required to net cash settle the warrant shares. As of December 31, 2022 and December 31, 2021, there were 12,115,130 and 11,959,939 public warrants issued and outstanding, respectively. Private Warrants The terms and provisions of the public warrants above also apply to the private warrants. If the private warrants are held by holders other than GigAcquisitions4, LLC (“ Sponsor ”), Oppenheimer & Co. Inc. and Nomura Securities International, Inc. (together, the “Underwriters” ), or any respective permitted transferees, the private warrants will be redeemable by the Company and exercisable by the holders on the same basis as the public warrants. The Sponsor, the Underwriters, and any respective permitted transferees have the option to exercise the private warrants on a cashless basis. The table below presents the value of the private warrants under the Black-Scholes OPM using the following assumptions as of the following dates: December 31, 2022 December 31, 2021 Fair value of each private warrant $ 0.04 $ 0.87 Exercise price $ 11.50 $ 11.50 Common stock price $ 0.67 $ 5.66 Expected option term (in years) 3.90 4.94 Expected volatility 72.10% 39.50 % Risk-free rate of return 4.10% 1.25 % Expected annual dividend yield —% — % As of December 31, 2022, the private warrants have a fair value of $9 and are presented on the consolidated balance sheets within other non-current liabilit ies. The gain of $267 was recognized as a result of the change in fair value for the year ended December 31, 2022, are presented in net (decrease) increase in fair value of derivatives on the consolidated statements of operations. As of December 31, 2022 and December 31, 2021, there were 210,642 and 366,533 private warrants issued and outstanding, respectively.

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Equity-Based Compensation	Equity-Based Compensation Predecessor On June 11, 2019, the Predecessor granted 100 Class B Units to a Member in consideration for the Member’s services to the Predecessor, subject to terms and conditions stated in the profits interest grant agreement. The Class B Units granted upon full vesting represented 10% percent interest in the Predecessor. The Class B Units were non-voting profits interest which were subject to vesting and other restrictions. According to the vesting schedule, 10 Units vested on June 11, 2019 and 90 Units would vest on January 1, 2024. The Class B Units shall have the same voting rights as the Class A Members beginning on January 1, 2024. The Class B Units granted had a service condition only, and equity-based compensation for the Class B Units was recognized on a straight-line basis over the requisite service period. The grant date fair value per unit of the Class B Units was $4,982 which was measured used the Black-Scholes Merton Option Pricing Model. The assumptions used in determining the fair value were as follows: As of June 11, 2019 Volatility 25.8 % Risk-free interest rate 1.89 % Expected time to exit (years) 2.5 The expected time to exit used in the determination of the fair value was based on the time to sale consistent with when investor return would be measured. The volatility used in the determination of the fair value was based on analysis of the selected asset volatility of guideline companies, re-leveled to account for differences in leverage. The table below presents the activity for the Class B Units: Balance as of January 1, 2019 — Granted during the year 100 Vested during the year (10) Forfeited during the year — Unvested as of December 31, 2019 90 Unvested as of October 22, 2020 90 Unvested Class B Units became fully vested and were settled for $731 of the purchase consideration on the PCI acquisition as of October 23, 2020. Selling, general and administrative expenses for the Predecessor 2020 Period included $80 of equity-based compensation related to Class B Units. Class A Units granted to Board of Directors Prior to the Merger, certain members of the Board of Directors of the Company had elected to receive compensation for their services as a board member in stock, Class A units of the Parent. The number of units granted by the Parent were determined by dividing the compensation payable for the quarter by the fair value of the Class A units at the end of each respective quarter. No Class A units were granted to the Board of Directors during the year ended December 31, 2022. The total value of the Class A units granted to such Board of Directors for the year ended December 31, 2021 was $86, and is reflected in the selling, general and administrative expenses within the consolidated statements of operations. Class B Unit Incentive Plan In February 2021, the Company’s Parent adopted a compensatory benefit plan (the “Class B Unit Incentive Plan” ) to provide incentives to directors, managers, officers, employees, consultants, advisors, and/or other service providers of the Company’s Parent or its Subsidiaries in the form of the Parent’s Class B Units ( “Incentive Units” ). Incentive Units have a participation threshold of $1.00 and are divided into three tranches ( “Tranche I,” “Tranche II,” and “Tranche III” ). Tranche I Incentive Units are subject to performance-based, service-based, and market-based conditions. The grant date fair value for the Incentive Units was $5.19 per unit. The assumptions used in determining the fair value of the Incentive Units at the grant date are as follows: February 16, 2021 Volatility 57.0% Risk-free interest rate 0.1% Expected time to exit (in years) 1.6 On July 29, 2021, the Company’s Parent amended the Class B Unit Incentive Plan so that the Tranche I and the Tranche III Incentive Units immediately became fully vested, subject to continued employment or provision of services, upon the closing of the transaction stipulated in the Agreement and Plan of Merger (the “Merger Agreement” ) dated June 4, 2021. The Company’s Parent also amended the Class B Unit Incentive Plan so that the Tranche II Incentive Units will vest on any liquidation event, as defined in the Class B Unit Incentive Plan, rather than only upon the occurrence of an Exit Sale, subject to the market-based condition stipulated in the Class B Unit Incentive Plan prior to its amendment. Equity-based compensation for awards with performance conditions is based on the probable outcome of the related performance condition. The performance conditions required to vest per the amended Incentive Plan remain improbable until they occur due to the unpredictability of the events required to meet the vesting conditions. As such events are not considered probable until they occur, recognition of equity-based compensation for the Incentive Units is deferred until the vesting conditions are met. Once the event occurs, unrecognized compensation cost associated with the performance-vesting Incentive Units (based on their modification date fair value) will be recognized based on the portion of the requisite service period that has been rendered. The modification date fair value of the Incentive Units was $9.06 per unit. The assumptions used in determining the fair value of the Incentive Units at the modification date are as follows: July 29, 2021 Volatility 46.0% Risk-free interest rate 0.2% Expected time to exit (in years) 1.2 The volatility used in the determination of the fair value of the Incentive Units was based on analysis of the historical volatility of guideline public companies and factors specific to the Successor . On December 7, 2021, the previously announced Merger was consummated. As a result, the Tranche I and Tranche III Incentive Units immediately became fully vested and the performance condition for the Tranche II Incentive Units was met. The fair value determined at the date of the amendment of the Class B Unit Incentive Plan was immediately recognized as compensation expense on the vesting date for Tranches I and III. Compensation expense for the Tranche II Incentive Units is recognized over the derived service period of 30 months from the modification date. The remaining compensation expense for the Tranche II Incentive Units will be recognized over the remaining service period of approximately 25 months. During the year ended December 31, 2022, the Company’s Parent modified the vesting conditions for four former employees. Under the original terms of the grant agreements, Incentive Units are forfeited upon separation. Due to the amended agreement, the Incentive Units held by the former employees are no longer contingent upon service and are considered vested as of the separation dates. The former employees will not receive the awards until the market condition is achieved. The result of the amended agreement is an accounting modification that resulted in 100% of the compensation expense being recognized for the former employees based on the modification date fair value. The incremental compensation cost recognized as a result of the modification was $(1,509) during the year ended December 31, 2022. The total compensation expense recognized by the Company for Tranche II Incentive Units, including the effects of modifications, was as follows: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Equity-based compensation expense in selling, general and administrative $ 3,981 $ 53,463 $ — $ — Equity-based compensation expense in cost of revenues 785 6,886 — — Total compensation expense $ 4,766 $ 60,349 $ — $ — The table below presents the activity in Tranche II of the Class B Units: Unvested as of December 31, 2020 — Granted 9,650,000 Vested (5,640,000) Forfeited (250,000) Unvested as of December 31, 2021 3,760,000 Granted — Vested (1,890,000) Forfeited (575,000) Unvested as of December 31, 2022 1,295,000 As of December 31, 2022, there was $5,034 of unrecognized compensation costs related to Tranche II Incentive Units, which is expected to be recognized over the remaining weighted average period of 1.08 years. Stock Options On December 7, 2021, the Company adopted the BigBear.ai Holdings, Inc. 2021 Long-Term Incentive Plan (the “Plan” ). The purpose of the Plan is to promote the long-term success of the Company and the creation of stockholder value by providing eligible employees, prospective employees, consultants, and non-employee directors of the Company the opportunity to receive stock- and cash-based incentive awards. During the year ended December 31, 2022, pursuant to the Plan, the Company’s Board of Directors granted certain grantees Stock Options to purchase shares of the Company’s common stock at a weighted-average exercise price of $2.30. The Stock Options vest over four years with 25% vesting on the one year anniversary of the grant date and then 6.25% per each quarter thereafter during years two, three and four. Vesting is contingent upon continued employment or service to the Company and is accelerated in the event of death, disability, or a change in control, subject to certain conditions; both the vested and unvested portion of a Grantee’s Stock Options will be immediately forfeited and cancelled if the Grantee ceases employment or service to the Company. The Stock Options expire on the 10th anniversary of the grant date. The table below presents the fair value of the Stock Options as estimated on the grant date using the Black-Scholes OPM using the following assumptions: Stock Options grant date October 31, 2022 October 12, 2022 August 29, 2022 June 13, 2022 March 30, 2022 Number of Stock Options granted 943,948 1,248,003 81,701 101,215 424,017 Price of common stock on the grant date $ 1.32 $ 1.28 $ 1.53 $ 4.94 $ 8.24 Expected option term (in years) 5.8 6.1 6.1 6.2 6.3 Expected volatility (1) 68.0% 67.0% 66.0% 57.0% 54.0% Risk-free rate of return 4.2% 4.0% 3.2% 3.5% 2.4% Expected annual dividend yield —% —% —% —% —% Fair value of the Stock Options on the grant date $ 0.84 $ 0.82 $ 0.96 $ 2.85 $ 4.67 (1) Expected volatility is based on a combination of implied and historical equity volatility of selected reasonably similar publicly traded companies. The table below presents the activity in the Stock Options: Stock Options Outstanding Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Life (in years) Aggregate Intrinsic Value Outstanding as of December 31, 2020 — $ — 0.0 $ — Granted 482,000 9.99 Exercised — — Forfeited — — Expired — — Outstanding as of December 31, 2021 482,000 $ 9.99 10.0 $ — Granted 2,798,884 2.30 Exercised — — Forfeited (278,903) 8.79 Expired (19,088) $ 9.62 Outstanding as of December 31, 2022 2,982,893 $ 2.89 9.64 $ — Vested and exercisable as of December 31, 2022 137,359 $ 6.03 9.28 $ — The Stock Options had no intrinsic value as of December 31, 2022. The Company recognizes equity-based compensation expense for the Stock Options equal to the fair value of the awards on a straight-line basis over the service based vesting period. As of December 31, 2022 , there was $4,305 of unrecognized compensation costs related to the Stock Options, which is expected to be recognized over the remaining weighted average period of 2.94 years. Restricted Stock Units During the year ended December 31, 2022, pursuant to the Plan, the Company’s Board of Directors communicated the key terms and committed to grant Restricted Stock Units ( “RSUs” ) to certain employees and nonemployee directors. The Company granted 8,529,066 RSUs to employees during the year ended December 31, 2022. RSUs granted to employees generally vest over four years, with 25% vesting on the one year anniversary of the grant date and then 6.25% per each quarter thereafter during years two, three and four. RSUs granted to nonemployee directors vest 100% on the one year anniversary of the grant date. Vesting of RSUs is accelerated in the event of death, disability, or a change in control, subject to certain conditions The table below presents the activity in the RSUs: RSUs Weighted-Average Grant Date Fair Value Per Share Unvested as of December 31, 2020 — $ — Granted 403,300 10.03 Vested — — Forfeited — — Unvested as of December 31, 2021 403,300 $ 10.03 Granted 8,529,066 2.62 Vested (311,811) 6.64 Forfeited (1,025,370) 5.66 Unvested as of December 31, 2022 7,595,185 $ 2.35 As of December 31, 2022 , there was $15,847 of unrecognized compensation costs related to the RSUs, which is expected to be recognized over the remaining weighted average period of 2.39 years. Performance Stock Units Pursuant to the Plan, the Company’s Board of Directors communicated the key terms and committed to grant Performance Stock Units ( “PSUs” ) to certain employees. The percentage of vesting is based on achieving certain performance criteria during each respective measurement period, provided that the employees remain in continuous service on each vesting date. Vesting will not occur unless a minimum performance criteria threshold is achieved. The table below presents the activity in the PSUs: PSUs Weighted-Average Grant Date Fair Value Per Share Unvested as of December 31, 2020 — $ — Granted 150,000 10.03 Vested — — Forfeited — — Unvested as of December 31, 2021 150,000 $ 10.03 Granted 175,000 1.53 Vested — — Forfeited (37,500) 10.03 Unvested as of December 31, 2022 287,500 $ 4.86 As of December 31, 2022, it was not considered probable that the performance conditions of the PSUs would be achieved. As a result, any equity-based compensation expense previously recognized for the PSUs was reversed. Equity-based compensation of $— was recognized during the year ended December 31, 2022. Employee Share Purchase Plan Concurrently with the adoption of the Plan, the Company’s Board of Directors adopted the 2021 Employee Stock Purchase Plan (the “ ESPP ”), which authorizes the grant of rights to purchase common stock of the Company to employees, officers, and directors (if they are otherwise employees) of the Company. As of January 1, 2022, the Company reserved an aggregate of 3,212,786 common shares (subject to annual increases on January 1 of each year and ending in 2031) of the Company’s common stock for grants under the ESPP. As of December 31, 2022 , 508,062 shares had been sold under the ESPP and the Company has withheld employee contributions of $156, which are presented on the consolidated balance sheets within other current liabilit ies. Equity-based compensation expense related to purchase rights issued under the ESPP is based on the Black-Scholes OPM fair value of the estimated number of awards as of the beginning of the offering period. Equity-based compensation expense is recognized using the straight-line method over the offering period. The table below presents the assumptions used to estimate the grant date fair value of the purchase rights under the ESPP: ESPP grant date December 1, 2022 May 1, 2022 Price of common stock on the grant date $ 0.88 $ 10.01 Expected term (in years) 0.50 0.60 Expected volatility (1) 110.0% 56.0% Risk-free rate of return 4.6% 1.5% Expected annual dividend yield —% —% Fair value of the award on the grant date $ 0.40 $ 3.22 (1) Expected volatility is based on a combination of implied and historical equity volatility of selected reasonably similar publicly traded companies. As of December 31, 2022, there was $371 of unrecognized compensation costs related to the ESPP, which is expected to be recognized over the remaining weighted average period of 0.41 years. Equity-based Compensation Expense The table below present the total equity-based compensation expense recognized for Class A and B Units, Stock Options, RSUs, PSUs and ESPP in selling, general and administrative expense, cost of revenues, and research and development for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Equity-based compensation expense in selling, general and administrative $ 7,359 $ 53,726 $ — $ 80 Equity-based compensation expense in cost of revenues 3,172 6,889 — — Equity-based compensation expense in research and development 334 — — — Total equity-based compensation expense $ 10,865 $ 60,615 $ — $ 80

Net Loss Per Share

Net Loss Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Net Loss Per Share	Net Loss Per Share The numerators and denominators of the basic and diluted net loss per share are co mputed as follows (in thousands, except per share, unit and per unit data): Successor Basic and diluted net loss per share Year Ended Year Ended Period from Numerator: Net loss $ (121,674) $ (123,552) $ (7,838) Denominator: Weighted average shares outstanding—basic and diluted 127,698,478 107,009,834 105,000,000 Basic and diluted net loss per Share $ (0.95) $ (1.15) $ (0.07) As of December 31, 2022 , there were outstanding Stock Options to purchase 2,982,893 shares of common stock at a weighted-average exercise price of $2.89, outstanding private warrants and public warrants to convert to 210,642 shares and 12,115,130 shares, respectively, of common stock at a price of $11.50 per share, convertible notes to convert to 18,844,600 shares of common stock at a conversion price of $10.61, ESPP contributions for the option to acquire 3,482,791 shares of common stock, and outstanding restricted stock units and performance stock units representing the right to receive 7,595,185 shares and 287,500 shares of common stock, respectively. Because of the net loss incurred during the year ended December 31, 2022, the impacts of dilutive instruments would have been anti-dilutive for the period presented and have been excluded from loss per share calculations. As of December 31, 2021, there were outstanding Stock Options to purchase 482,000 shares of common stock at an exercise price of $9.99, outstanding private warrants and public warrants to convert to 366,533 shares and 11,959,939 shares, respectively, of common stock at a price of $11.50 per share, convertible notes to convert to 17,391,304 shares of common stock at an initial conversion price of $11.50, written put options for 9,952,803 shares of common stock at a price of $10.15 per share, and outstanding restricted stock units and performance stock units representing the right to receive 403,300 shares and 150,000 shares of common stock, respectively. The effects of these dilutive instruments were not presented for the Successor 2021 Period as the effects would be anti-dilutive. There were no potentially dilutive common stock instruments for the Successor 2020 Period. During the first quarter of 2023, the Company issued 13,888,889 shares of Common Stock and warrants to purchase up to an additional 13,888,889 shares of Common Stock under a private placement. Refer to Note X—Subsequent Events for more information.

Revenues

Revenues	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenues	Revenues All revenues were generated within the United States of America. The table below presents total revenues by contract type for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Time and materials $ 102,255 $ 98,763 $ 24,613 $ 57,549 Firm fixed price 35,939 41,231 6,938 2,216 Cost-reimbursable 16,817 5,584 1 — Total revenues $ 155,011 $ 145,578 $ 31,552 $ 59,765 The majority of the Company’s revenue is recognized over time. Revenue derived from contracts that recognize revenue at a point in time was insignificant for all periods presented. Concentration of Risk Revenue earned from customers contributing in excess of 10% of total revenues are presented in the tables below for the following periods: Successor 2022 Period Year Ended December 31, 2022 Cyber & Analytics Total Percent of total Customer A $ 29,087 $ — $ 29,087 19 % Customer B 17,426 — 17,426 11 % Customer C — 29,413 29,413 19 % Customer D (1) — 3,115 3,115 2 % Customer E (1) — — — — % All others 24,601 51,369 75,970 49 % Total revenues $ 71,114 $ 83,897 $ 155,011 100 % Successor 2021 Period Year Ended December 31, 2021 Cyber & Analytics Total Percent of total Customer A $ 31,732 $ 31,732 22 % Customer B 15,032 — 15,032 10 % Customer C (1) — 10,804 10,804 7 % Customer D (1) — 11,538 11,538 8 % Customer E (1) — 8,835 8,835 6 % All others 28,115 39,522 67,637 47 % Total revenues $ 74,879 $ 70,699 $ 145,578 100 % Successor 2020 Period Period from May 22, 2020 through December 31, 2020 Cyber & Analytics Total Percent of total Customer A $ 8,075 $ — $ 8,075 26 % Customer B 3,495 — 3,495 11 % Customer C (1) — — — — % Customer D — 5,498 5,498 17 % Customer E — 5,494 5,494 17 % All others 4,014 4,976 8,990 29 % Total revenues $ 15,584 $ 15,968 $ 31,552 100 % Predecessor 2020 Period Period from January 1, 2020 through Total (2) Percent of total Customer A $ 26,049 44 % Customer B 12,282 21 % All others 21,434 35 % Total revenues $ 59,765 100 % (1) Customers that contributed in excess of 10% of consolidated revenues in any period presented have been included in all periods presented for comparability. (2) The Predecessor 2020 Period comprises a single reportable segment. As a result, segment reporting for those periods is not presented. Contract Balances The table below presents the contract assets and contract liabilities included on the consolidated balance sheets for the following periods: December 31, December 31, Contract assets $ 1,312 $ 628 Contract liabilities $ 2,022 $ 4,207 The change in contract assets between December 31, 2021 and December 31, 2022 was primarily driven by services rendered for Analytics customers that are yet to be invoiced. The change in contract liability balances between December 31, 2021 and December 31, 2022 was primarily driven by services performed for an Analytics customer that had a large contract liability balance at December 31, 2021. Revenue recognized in the year ended December 31, 2022 that was included in the contract liability balance as of December 31, 2021 was $4,207. When the Company’s estimate of total costs to be incurred to satisfy a performance obligation exceeds the expected revenue, the Company recognizes the loss immediately. When the Company determines that a change in estimate has an impact on the associated profit of a performance obligation, the Company records the cumulative positive or negative adjustment in the consolidated statements of operations . Changes in estimates and assumptions related to the status of certain long-term contracts may have a material effect on the Company’s operating results. The following table summarizes the impact of the net estimates at completion ( “EAC” ) adjustments on the Company’s operating results: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Net EAC Adjustments, before income taxes $ 1,598 $ 1,650 $ — $ — Net EAC Adjustments, net of income taxes $ 1,262 $ 1,304 $ — $ — Net EAC Adjustments, net of income taxes, per diluted share $ 0.01 $ 0.01 $ — $ — Remaining Performance Obligations The Company includes in its computation of remaining performance obligations customer orders for which it has accepted signed sales orders and generally includes the funded and unfunded components of contracts that have been awarded. As of December 31, 2022, the aggregate amount of the transaction price allocated to remaining performance obligations wa s $75 million. The Company expects to recognize approximately 97% of its remaining performance obligations as revenue within the next 12 months and the bal ance thereafter.

Reportable Segment Information

Reportable Segment Information	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Reportable Segment Information	Reportable Segment Information The Company has determined that it operates in two operating and reportable segments, Cyber & Engineering and Analytics, as the Chief Operating Decision Maker ( “CODM” ) reviews financial information presented for both segments on a disaggregated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. Adjusted gross margin is the primary measure of segment profitability used by the CODM to assess performance and to allocate resources to the segments. Research and development costs incurred that generate marketable intellectual property (“ IP ”) and equity-based compensation are added back to the gross margin to derive the adjusted gross margin. Certain customer contracts that generate lower gross margin (revenue less direct costs including fringe and overheard costs) than the thresholds set by management are accepted as the work performed for these customer contracts also simultaneously generates reusable code and other IP that is used in the execution of future customer contracts that may potentially generate higher gross margin, or enhances the marketability of the products due to additional functionality or features. The tables below present the Company’s operating segment results of operations for the following periods: Successor Year Ended December 31, 2022 Cyber & Analytics Total Revenues $ 71,114 $ 83,897 $ 155,011 Segment adjusted gross margin 15,617 37,147 52,764 Segment adjusted gross margin % 22 % 44 % 34 % Research and development costs excluded from segment adjusted gross margin (6,599) Equity-based compensation excluded from segment adjusted gross margin (3,172) Operating expenses: Selling, general and administrative 84,775 Research and development 8,393 Restructuring charges 4,203 Transaction expenses 2,605 Goodwill impairment 53,544 Operating loss (110,527) Net (decrease) increase in fair value of derivatives (1,591) Interest expense 14,436 Other expense 19 Loss before taxes $ (123,391) Successor Year Ended December 31, 2021 Cyber & Analytics Total Revenues $ 74,879 $ 70,699 $ 145,578 Segment adjusted gross margin 17,480 31,756 49,236 Segment adjusted gross margin % 23 % 45 % 34 % Research and development costs excluded from segment adjusted gross margin (8,282) Equity-based compensation excluded from segment adjusted gross margin (6,886) Operating expenses: Selling, general and administrative 106,507 Research and development 6,033 Restructuring charges — Transaction expenses — Goodwill impairment — Operating loss (78,472) Net (decrease) increase in fair value of derivatives 33,353 Loss on extinguishment of debt 2,881 Interest expense 7,762 Other expense — Loss before taxes $ (122,468) Successor Period from May 22, 2020 through December 31, 2020 Cyber & Analytics Total Revenues $ 15,584 $ 15,968 $ 31,552 Segment adjusted gross margin 3,570 7,799 11,369 Segment adjusted gross margin % 23 % 49 % 36 % Research and development costs excluded from segment adjusted gross margin (2,694) Equity-based compensation excluded from segment adjusted gross margin — Operating expenses: Selling, general and administrative 7,909 Research and development 530 Restructuring charges — Transaction expenses 10,091 Goodwill impairment — Operating loss (9,855) Net (decrease) increase in fair value of derivatives — Loss on extinguishment of debt — Interest expense 616 Other expense — Loss before taxes $ (10,471) The following table presents the assets by segment as of the following periods: December 31, 2022 December 31, 2021 Cyber & Analytics Corporate Total Cyber & Analytics Corporate Total Total assets $ 38,841 $ 150,447 $ 6,020 $ 195,308 $ 74,808 $ 154,085 $ 154,429 $ 383,322 The Predecessor 2020 Period comprises a single reportable segment. As a result, segment reporting for that period is not presented.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions The Company incurred expenses related to consulting services provided by the affiliates of AE of $—, $1,001 and $414 during the year ended December 31, 2022, December 31, 2021, and the period from May 22, 2020 through December 31, 2020, respectively. Following consummation of the Merger, the Company no longer receives consulting services from AE or its affiliates. On February 4, 2021, the Company signed a teaming agreement with Gryphon Technologies, an affiliate of AE, to develop the best management and technical approach for certain solicitations with the DHS. Gryphon Technologies was acquired by ManTech International Corporation on December 10, 2021 and subsequent to the acquisition, Gryphon Technologies was no longer deemed to be an affiliate of AE. On March 17, 2021, the Company signed a confidential disclosure agreement with Redwire Space, Inc. ( “Redwire” ) to engage in discussions concerning a potential business relationship between the two parties. Redwire is an affiliate of AE. On April 22, 2021, the Company entered into an agreement with Redwire to establish a Space Cyber Range capability that leverages Redwire’s Advanced Configurable Open-system Research Network and BigBear.ai’s capabilities in developing offensive and defensive solutions and techniques for security research across multiple platforms, architectures, and network links. On July 1, 2021, the Company entered into a memorandum of understanding with UAV Factory, an affiliate of AE, whereby BigBear.ai will develop AI/ML capabilities for UAV Factory’s unmanned systems and components use in autonomous operations within the commercial and defense markets. During the year ended December 31, 2022, the Compa ny paid or accrued $2,272, as compensation expense for the members of the Board of Directors, including equity-based compensation related to the RSUs of $1,218, which is reflected in the selling, general and administrative expenses within the consolidated statements of operations. During the year ended December 31, 2021 , the Company paid or accrued $181, as compensation expense for the Board of Directors, including aggregate fair value of $86, respectively, of Parent’s Class A Units. During the period from May 22, 2020 through December 31, 2020, the Company paid or accrued $56, as compensation expense for the Board of Directors, including aggregate fair value of $25, respectively, of Parent’s Class A Units. During the period from May 22, 2020 through December 31, 2020, the Successor accrued $650 as compensation expense settled in Parent’s Class A units for services related to the acquisition of PCI provided by Peter Cannito, Chairman of the Company’s Board of Directors, which is reflected in the transaction expenses within the consolidated statements of operations. There were no related-party transactions during the Predecessor Period.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On January 19, 2023, the Company consummated the closing of a private placement (the “ Private Placement ”), pursuant to the terms and conditions of the Securities Purchase Agreement, dated January 16, 2023, by and among the Company and Armistice Capital Master Fund Ltd. At the closing of the Private Placement, the Company issued (i) 13,888,889 shares (the “ Private Placement Shares ”) of the Company’s common stock, par value $0.0001 per share, and (ii) a Common Stock purchase warrant (the “ Warrant ”) to purchase up to an additional 13,888,889 shares of Common Stock. The purchase price per share of each Private Placement Share and the associated Warrant was $1.80. The aggregate gross proceeds to the Company from the Private Placement were approximately $25,000 before deducting the placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ( “GAAP” ) and all intercompany balances and transactions have been eliminated in consolidation. Amounts presented within the consolidated financial statements and accompanying notes are presented in thousands of U.S. dollars unless stated otherwise, except for percentages, units, shares, per unit, and per share amounts. The period from May 22, 2020 (inception) through December 31, 2020 and as of December 31, 2020 (the “Successor 2020 Period”), the year ended December 31, 2021 (the “ Successor 2021 Period ”), and the year ended December 31, 2022 (the “ Successor 2022 Period ”) relate to activity of BigBear.ai Holdings and its subsidiaries. The period from January 1, 2020 to October 22, 2020 (the “ Predecessor 2020 Period ”) relate to the predecessor period. The Successor 2020 Period begins before the Predecessor 2020 Period ended due to the acquisitions that took place prior to the acquisition of PCI. The PCI, NuWave, Open Solutions, and ProModel acquisitions were accounted for as business combinations in accordance with Financial Accounting Standards Board (“ FASB ”) Accounting Standards Codification (“ ASC ”) 805, Business Combinations (“ ASC 805 ”), and the resulting new basis of accounting is reflected in the Successor 2020 Period as of each acquisition date. As a result, financial information of the Predecessor and Successor periods has been prepared under two different bases of accounting and therefore are not comparable. PCI was identified as the Predecessor through an analysis of various factors, including the size, financial characteristics, and ongoing management. The audited consolidated financial statements are presented as described below: • The consolidated financial statements for the Predecessor 2020 Period, which includes the operating results of PCI from January 1, 2020 to October 22, 2020. • The combined financial statements for the Successor 2020 Period, which includes the operating results of BigBear.ai Holdings and its subsidiaries from each of their respective acquisition dates through December 31, 2020. • The consolidated financial statements for the Successor 2021 Period and the Successor 2022 Period, which includes the operating results of BigBear.ai Holdings and its subsidiaries for the years ended December 31, 2021 and December 31, 2022, respectively.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. 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 consolidated financial statements , 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.
Business Combinations	Business Combinations The Company utilizes the acquisition method of accounting under ASC 805, for all transactions and events in which it obtains control over one or more other businesses (even if less than 100% ownership is acquired), to recognize the fair value of all assets and liabilities assumed and to establish the acquisition date fair value as of the measurement date. While the Company uses its best estimates and assumptions as part of the purchase price allocation process to accurately value assets acquired and liabilities assumed as of the acquisition date, the estimates and assumptions are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill. For changes in the valuation of intangible assets between the preliminary and final purchase price allocation, the related amortization is adjusted in the period it occurs. Subsequent to the measurement period, any adjustment to assets acquired or liabilities assumed is included in operating results in the period in which the adjustment is determined. Transaction expenses that are incurred in connection with a business combination, other than costs associated with the issuance of debt or equity securities, are expensed as incurred.
Revenue Recognition	Revenue Recognition The Company’s revenues from contracts with customers are from offerings including artificial intelligence and machine learning, data science, advanced analytics, offensive and defensive cyber, data management, cloud solutions, digital engineering, and systems integration, primarily with the U.S. Government and its agencies. The Company also serves various commercial customers. The Company organizes its solutions into three markets: i. Supply Chain & Logistics Solutions: Data Conflation at Scale (providing a full view of operations, enabling real-time tracking of inventory, and facilitating predictive analytics to optimize functions like routes and delivery times), Discrete Event Simulation (Course of Action Analysis & Digital Twins), and Next-Gen Decision Support (e.g. Macroeconomic & Geopolitical Forecasting) ii. Cybersecurity Solutions: AI-powered / machine-accelerated binary analysis, Cyber-Physical systems vulnerability testing & evaluation, Vulnerability assessment as a Service, and Specialized services for the Department of Defense and Intelligence Community iii. Autonomous Systems Solutions: AI/machine learning ( “ML” ) decision intelligence solutions (conflate millions of data points to provide situational awareness, predictive forecasts, and anomaly detection), AI Orchestration as a Service, and specialized consulting services Each of the Company’s solutions can be sold individually or combined and sold together. Regardless of whether a customer is procuring only one of the Company’s solutions or a combination of solutions, the Company’s contracts generally include a significant service of integrating the solutions with the Company’s customer’s existing solutions and information systems. After the Company implements the solutions, the Company may also enter into contracts with the customers to further refine or customize these solutions to either enhance the functionality or adjust for changes in the customer’s requirements. These post-implementation service contracts are generally performed on a time-and-materials basis. The Company accounts for a contract when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. The Company performs under various types of contracts, which generally include firm-fixed-price (“ FFP ”), time-and-materials (“ T&M ”), and cost-reimbursable contracts. Under fixed-price contracts, the Company agrees to perform the specified work for a pre-determined price. To the extent the Company’s actual costs vary from the estimates upon which the price was negotiated, the Company will generate more or less profit or could incur a loss. Under T&M contracts, the Company agrees to perform the specified work for a pre-determined rate per hour, as well as the reimbursement of other direct billable costs which are presented on a gross basis. Cost-reimbursable contracts provide for the payment of allowable costs incurred during performance of the contract plus a fee up to a ceiling based on the amount that has been funded. The majority of our cost-reimbursable contracts are cost-plus-fixed-fee, which provide a fixed fee that is negotiated at the inception of the contract and does not vary with actual costs. For T&M contracts and cost-reimbursable contracts, the Company has a right to consideration from the customer in an amount that corresponds directly with the value of the Company’s performance and recognizes revenue in the amount to which the Company has a right to invoice (the “right to invoice” practical expedient). The Company assesses each contract at its inception to determine whether it should be combined with other contracts. When making this determination, the Company considers factors such as whether two or more contracts were negotiated and executed at or near the same time or were negotiated with an overall profit objective. If combined, the Company treats the combined contracts as one single contract for revenue recognition purposes. The Company generally uses internally developed and third-party applications, which the Company integrates, when implementing solutions to meet specific customer requirements. The Company evaluates the solutions or services promised in each contract at inception to determine whether the contract should be accounted for as having one or more performance obligations. Each of the Company’s solutions is capable of being distinct as the customer can benefit from each individual solution on its own or with other resources that are readily available. When customer contracts include a significant service of integrating the solutions to provide a set of integrated or highly interrelated tasks, the Company accounts for these arrangements as a single performance obligation. While the contracts provide customers access to the Company’s solutions, the contracts generally do not contain separate licensing provisions for independent use of the underlying internally developed software. Additionally, these components are highly interdependent and highly interrelated into the solutions delivered to the Company’s customers. Therefore, these components are not capable of being distinct and are not separately identifiable from the other promises in the contract. In cases where customer contracts have an explicit licensing provision to the underlying software, such software is generally accounted for as a separate performance obligation. The Company determines the transaction price for each contract based on the consideration the Company expects to receive for the solutions or services being provided under the contract. For contracts where a portion of the price may vary, the Company estimates variable consideration at the most likely amount, which is included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur. The Company analyzes the risk of a significant revenue reversal and if necessary, constrains the amount of variable consideration recognized in order to mitigate this risk. At the inception of a contract, the Company estimates the transaction price based on its current rights and does not contemplate future modifications (including unexercised options) or follow-on contracts until they become legally enforceable. Contracts are often subsequently modified to include changes in specifications, requirements or price, which may create new or change existing enforceable rights and obligations. Depending on the nature of the modification, the Company considers whether to account for the modification as an adjustment to the existing contract or as a separate contract. The Company’s contracts with the U.S. Government often contain options to renew existing contracts for an additional period of time (generally a year at a time) under the same terms and conditions as the original contract, and generally do not provide the customer any material rights under the contract. Therefore, such modifications are accounted for as if they were part of the existing contract and may result in a cumulative adjustment to revenue recognized. The Company accounts for renewal options as separate contracts when they include distinct goods or services at standalone selling prices. For contracts with multiple performance obligations, the Company allocates the transaction price to each performance obligation based on the estimated standalone selling price of the solution or service underlying each performance obligation. The standalone selling price represents the amount for which the Company would sell the solution or service to a customer on a standalone basis (i.e., not bundled with any other solutions or services). The Company’s contracts with the U.S. government are subject to the Federal Acquisition Regulation (“ FAR ”) and priced on estimated or actual costs of providing the goods or services. The FAR provides guidance on types of costs that are allowable in establishing prices for goods and services provided to the U.S. government and its agencies. Each contract is competitively priced and bid separately. Pricing for non-U.S. government agencies and commercial customers is based on specific negotiations with each customer. In circumstances where the standalone selling price is not directly observable, the Company estimates the standalone selling price using the expected cost-plus margin approach. The Company recognizes revenue as performance obligations are satisfied and the customer obtains control of the solutions and services. In determining when performance obligations are satisfied, the Company considers factors such as contract terms, payment terms and whether there is an alternative future use of the solution or service. Substantially all of the Company’s revenue is recognized over time as the Company performs under the contract because control of the work in process transfers continuously to the customer. For most contracts with the U.S. Government, this continuous transfer of control of the work in process to the customer is supported by clauses in the contract that give the customer ownership of work in process and allow the customer to unilaterally terminate the contract for convenience and pay the Company for costs incurred plus a reasonable profit. For most non-U.S. Government contracts, continuous transfer of control to the customer is supported because the Company delivers solutions that do not have an alternative use to the Company and if the Company’s customer were to terminate the contract for reasons other than the Company’s non-performance, the Company would have the right to recover damages which would include, among other potential damages, the right to payment for the work performed to date plus a reasonable profit. For performance obligations to deliver solutions with continuous transfer of control to the customer, revenue is recognized based on the extent of progress towards completion of the performance obligation, generally using the percentage-of-completion cost-to-cost measure of progress for the Company’s contracts because it best depicts the transfer of control to the customer as the Company incurs costs on the contracts. Under the percentage-of-completion cost-to-cost measure of progress, the extent of progress towards completion is measured based on the ratio of costs incurred to date to the total estimated costs to complete the performance obligation(s). For T&M contracts, revenue is recognized over time based on costs incurred or the right to invoice method (in situations where the value transferred matches the Company’s billing rights) as the customer receives and consumes the benefits. For arrangements with the U.S. Government, the Company generally does not begin work on contracts until funding is appropriated by the customer. Billing timetables and payment terms on the Company’s contracts vary based on a number of factors, including the contract type. Cost-reimbursable and T&M contracts are generally billed on a monthly basis. FFP contracts are generally billed based on milestones, which are the achievement of specific events as defined in the contract. Amounts billed and due from customers are classified as receivables on the combined balance sheets. On some contracts, the Company may be entitled to receive an advance payment, which is not considered a significant financing component because it is used to facilitate inventory demands at the onset of a contract and to safeguard the Company from the failure of the other party to abide by some or all of their obligations under the contract. In some cases where a portion of payment retained by the customer is not considered a significant financing component; the Company expects, at contract inception, that the lag period between the transfer of a promised good or service to a customer and when the customer pays for that good or service will not constitute a significant financing component.
Sale of Products	Sale of Products Revenue from sale of products to customers purchased from third parties is recognized at a point in time when control has transferred to the customer. Control is transferred to the customer upon customer acceptance or receipt of the product. At this point in time, the Company has a present right to payment, and the customer has legal title and physical possession of the product as well as the risks and rewards of ownership.
Contract Balances	Contract Balances Contract balances result from the timing of revenue recognized, billings and cash collections, and the generation of contract assets and liabilities. Contract assets represent revenue recognized in excess of amounts invoiced to the customer and the right to payment is not subject to the passage of time. Contract liabilities consist of billings in excess of revenues and customer advances. Billings in excess of revenues represents milestone billing contracts where the billings of the contract exceed recognized revenues
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents are comprised of cash on hand, cash balances with banks and similar institutions and all highly liquid investments with an original maturity of three months or less when purchased.
Restricted Cash	Restricted Cash The Company’s restricted cash consists of cash deposited into escrow accounts reflecting the full obligation to certain investors related to the FPAs. The funds held in the escrow accounts as at December 31, 2021 were not available to the Company for three months following the consummation of the Merger unless and until any of the Investors sold these shares in the market or the investors redeemed their shares under FPAs by March 7, 2022. The Company settled its obligations under the FPAs during the year ended December 31, 2022.
Property and Equipment	Property and EquipmentProperty and equipment are the long-lived, physical assets of the Company acquired for use in the Company’s normal business operations and not intended for resale by the Company. These assets are recorded at cost. Renewals and betterments that increase the useful lives of the assets are capitalized. Repair and maintenance expenditures that increase the efficiency of the assets are expensed as incurred. Assets under capital leases are recorded at the present value of the minimum lease payments required during the lease period. Depreciation is based on the estimated useful lives of the assets using the straight-line method and is included in selling, general and administrative or cost of revenues based upon the asset. Expected useful lives are reviewed at least annually. As assets are retired or sold, the related cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations. The Company regularly evaluates its property and equipment for impairment when events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable, in accordance with ASC 360, Property, Plant, and Equipment . If the Company determines that the carrying amount of an asset or asset group is not recoverable based upon the undiscounted expected future cash flows of the asset or asset group, the Company records an impairment loss equal to the excess of carrying amount over the estimated fair value of the asset or asset group.
Finite-lived Intangible Assets	Finite-lived Intangible Assets Finite-lived intangible assets result from the Company’s various business combinations and consist of identifiable finite-lived intangible assets, including technology and customer relationships. These finite-lived intangible assets are reported at cost, net of accumulated amortization, and are either amortized on a straight-line basis over their estimated useful lives or over the period the economic benefits of the intangible asset are consumed. The Company regularly evaluates its intangible assets other than goodwill for impairment when events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable, in accordance with ASC 350, Intangibles–Goodwill and Other . If the Company determines that the carrying amount of an asset or asset group is not recoverable based upon the undiscounted expected future cash flows of the asset or asset group, the Company records an impairment loss equal to the excess of carrying amount over the estimated fair value of the asset or asset group.
Leases	Leases The Company determines whether an arrangement is a lease at inception. An arrangement is or contains a lease if it conveys the right to control the use of an asset for a period of time in exchange for consideration. The Company has operating leases for office space, automobiles, and other equipment that expire at various dates through 2040. These lease terms may include optional renewals, terminations or purchases, which are considered in the Company’s assessments when such options are reasonably certain to be exercised. The Company measures right-of-use assets and related lease liabilities based on the present value of remaining lease payments. Lease contracts may include fixed payments for non-lease components, such as common area maintenance, which are included in the measurement of lease liabilities for certain asset classes based on the Company’s election to combine lease and non-lease components. The Company does not recognize short-term leases, those lease contracts with durations of twelve months or less, on the consolidated balance sheets . As applicable borrowing rates are not typically implied within the lease arrangements, the Company discounts lease payments based on its estimated incremental borrowing rate at lease commencement, or modification, which is based on the Company’s estimated credit rating and the lease term at commencement.
Warrants and Written Put Option	Warrants As part of GigCapital4’s Initial Public Offering, public and private warrants were issued, which were assumed by BigBear.ai upon consummation of the Merger. Warrants are accounted for in accordance with the guidance of ASC 815, Derivatives and Hedging (“ ASC 815 ”), under which private warrants do not meet the criteria for equity treatment and are classified as liabilities measured at fair value. Public warrants meet the criteria for equity classification. The Company measured the private warrant liability at fair value at the closing of the Merger and then at each reporting period with changes in fair value recognized in the consolidated statements of operations. Written Put Option The Written Put Option is a liability under ASC 480, Distinguishing Liabilities from Equity , because it embodies an obligation to repurchase the Company’s shares by paying cash. Furthermore, the Written Put Option meets the definition of derivative under ASC 815. Therefore, the Written Put Option is classified as a current liability measured at fair value and is presented in Derivative liabilities on the Company’s consolidated balance sheets as of December 31, 2021 . The unrealized gains and losses from changes in the fair value of the Written Put Option is reflected in the consolidated statements of operations. The Company settled the derivative liability associated with the Written Put Option during the first quarter of 2022.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company measures certain financial assets and liabilities at fair value. ASC 820, Fair Value Measurement and Disclosures ( “ASC 820” ) , specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. These two types of inputs have created the following fair-value hierarchy: Level 1—Quoted prices for identical instruments in active markets; Level 2—Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and Level 3—Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
Income Taxes	Income Taxes The Company estimates its current tax expense together with assessing temporary differences resulting from differing treatment of items not currently deductible for tax purposes. These differences result in deferred tax assets and liabilities on the Company’s consolidated balance sheets, which are estimated based upon the difference between the financial statement and tax bases of assets and liabilities using the enacted tax rates that will be in effect when these differences reverse. In general, deferred tax assets represent future tax benefits to be received when certain expenses previously recognized in the Company’s consolidated statements of operations become deductible expenses under applicable income tax laws or loss or credit carry forwards are utilized. Accordingly, the realization of the Company’s deferred tax assets are dependent on future taxable income against which these deductions, losses, and credits can be utilized. The Company evaluates the realizability of its deferred tax assets and recognizes a valuation allowance when it is more likely than not that a future benefit on such deferred tax assets will not be realized. Changes in the valuation allowance, when recorded, would be included in the Company’s consolidated statements of operations . Management’s judgment is required in determining the Company’s valuation allowance recorded against its net deferred tax assets. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. The Company recognizes interest and penalties related to uncertain tax positions in its provision (benefit) for income taxes. As of December 31, 2022, the Company accrued $785 for uncertain tax positions.
Concentration of Credit Risk	Concentration of Credit Risk 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 $12,632 and $169,921, as of December 31, 2022 and December 31, 2021, respectively. The Company provides credit to customers in the normal course of business. The carrying amount of current accounts receivable
Segment Information	Segment Information Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (“ CODM ”) in deciding how to allocate resources and in assessing performance. The Company’s CODM is its Chief Executive Officer. The Company has determined that it operates in two operating and reportable segments, Cyber & Engineering and Analytics, as the CODM reviews financial information presented for both segments on a disaggregated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. Cyber & Engineering The Cyber & Engineering segment provides high-end technology and management consulting services to its customers. This segment focuses in the areas of cloud engineering and enterprise IT, cybersecurity, computer network operations and wireless, systems engineering, strategy and program planning. The segment’s primary solutions relate to the identification of cyber-attack risks and the development and deployment of customized solutions to mitigate those risks. Analytics The Analytics segment provides high-end technology and consulting services to its customers. This segment focuses on the areas of big data computing and analytical solutions, including predictive and prescriptive analytic software solutions. The segment’s primary solutions assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities. The Predecessor operated as a single reportable operating segment of Cyber & Engineering.
Goodwill	Goodwill Goodwill is the amount by which the purchase price exceeded the fair value of the net identifiable assets acquired and liabilities assumed in a business combination on the date of acquisition. Goodwill is assessed for impairment at least annually as of October 1, on a reporting unit basis, or when events and circumstances occur indicating that the recorded goodwill may be impaired. The Company assesses impairment first on a qualitative basis to determine if a quantitative assessment is necessary. In circumstances where the qualitative analysis indicates that it is more likely than not that the fair value of a reporting unit does not exceed its carrying value, the Company performs a quantitative impairment test by which the goodwill impairment loss is measured as the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill. All indefinite-lived assets are reviewed for impairment annually, and as necessary if indicators of impairment are present.
Internal-Use Software	Internal-Use Software Costs incurred in developing internal-use software are either capitalized or expensed, depending on both the nature of the costs and the phase of development in which they are incurred. Costs incurred for implementation activities during the preliminary and post-implementation phases of a project are expensed as incurred, while costs incurred during the application development phase are generally capitalized. Costs incurred to upgrade or enhance existing software are capitalized if the changes result in additional functionality, but these costs are expensed if the software’s functionality is not imp roved. No costs were capitalized during the Successor 2022 Period, Successor 2021 Period, Successor 2020 Period, and Predecessor 2020 Period.
Equity-based Compensation	Equity-based Compensation Pursuant to ASC 718, Compensation – Stock Compensation , stock-based awards are measured at fair value on the grant date. For equity classified equity-based awards without performance conditions, the Company recognizes equity-based compensation cost on a straight-line basis over the vesting period of the award. For equity classified equity-based awards with performance conditions, the Company recognizes equity-based compensation cost using the accelerated attribution method over the requisite
Research and Development Costs	Research and Development Costs Research and development costs are primarily made up of labor charges, prototype material, and development expenses. Research and development costs are expensed in the period incurred.
Advertising Costs	Advertising CostsAll advertising, promotional and marketing costs are expensed when incurred and are included in selling, general and administrative expenses within the consolidated statements of operations.
Net (Loss) Income per Share	Net (Loss) Income per Share Basic net (loss) income per share is computed by dividing net (loss) income applicable to stockholders by the weighted average number of shares outstand ing for the period. Diluted net (loss) income per share assumes conversion of potentially dilutive shares, such as stock options. The Company’s consolidated statements of operations include a presentation of net loss per share for the Successor 2022 Period, the Successor 2021 Period, and the Successor 2020 Period.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recent Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued Accounting Standards Update (“ ASU ”) No. 2016-13, Financial Instruments–Credit Losses: Measurement of Credit Losses on Financial Instruments (“ ASU 2016-13 ”), an amendment of the FASB Accounting Standards Codification. Subsequent to the issuance of ASU 2016-13, there were various updates that amended and clarified the impact of ASU 2016-13. ASU 2016-13 broadens the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually. The amendments in ASU 2016-13 will require an entity to record an allowance for credit losses for certain financial instruments and financial assets, including accounts receivable, based on expected losses rather than incurred losses. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. An entity must use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. The use of forecasted information incorporates more timely information in the estimate of expected credit losses. The new guidance will be effective for the years beginning after December 15, 2022. The Company does not expect this guidance to have a material impact to its consolidated financial statements or related disclosures. Recent Accounting Pronouncements Adopted The FASB issued ASU No. 2016-02 Leases (“ ASC 842 ”) (“ ASU 2016-02 ”), which supersedes the current lease requirements in ASC 840, Leases ( “ASC 840” ). ASU 2016-02 requires lessees to recognize a right-of-use asset and related lease liability for all leases, with a limited exception for short-term leases. Leases will be classified as either finance or operating, with the classification affecting the pattern of expense recognition in the consolidated statements of operations. Under ASC 840, leases were classified as either capital or operating, with any capital leases recognized on the consolidated balance sheets. The reporting of lease-related expenses in the consolidated statements of operations and cash flows will be generally consistent with ASC 840. The Company adopted ASC 842 utilizing the modified retrospective method on January 1, 2022 and elected the package of practical expedients permitted under the transition guidance within the new standard which among other things, allowed the Company to carry forward the historical lease classification. The Company did not elect the hindsight practical expedient to determine the lease term for existing leases. Adoption of the new standard resulted in the recognition of a $4,533 right-of-use asset and $4,622 lease liability on the Company’s consolidated balance sheets upon adoption. Refer to Note L—Leases for more information. In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (“ ASC 805 ”), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ ASU 2021-08 ”). Upon the issuance of ASU No. 2014-09, Revenue from Contracts with Customers (“ ASC 606 ”), which provides a single comprehensive accounting model on revenue recognition for contracts with customers, stakeholders indicated that there are differing views on whether the concept of a performance obligation introduced by ASC 606 should be used to determine whether a contract liability is recognized in a business combination from revenue contracts. Before the adoption date of ASC 606, a liability for deferred revenue was generally recognized in an acquirer’s financial statements if it represented a legal obligation. The amendments in ASU 2021-08 address how to determine whether a contract liability is recognized by the acquirer in a business combination. Additionally, stakeholders raised questions about how to apply ASC 805 to contracts with a customer acquired in a business. Under current practice, the timing of payment for a revenue contract may subsequently affect the amount of post-acquisition revenue recognized by the acquirer. For example, if two revenue contracts with identical performance obligations are acquired but one contract is paid upfront before the acquisition and the other contract is paid over the contract term after the acquisition, the amount of revenue recognized by the acquirer after the business combination likely would differ between the two acquired contracts. The amendments in ASU 2021-08 resolve this inconsistency by providing specific guidance on how to recognize and measure acquired contract assets and contract liabilities from revenue contracts in a business combination. The new guidance will be effective for the years beginning after December 15, 2022. The Company prospectively adopted ASU 2021-08 as of January 1, 2022.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Property, Plant and Equipment	Estimated useful lives are as follows: Property and equipment Estimate useful life in years Computer equipment 3 Furniture and fixtures 7 Laboratory equipment 5-10 Software 3-5 Leasehold improvements 5 or lease term The property and equipment and accumulated depreciation balances are as follows: December 31, 2022 December 31, 2021 Computer equipment $ 1,006 $ 859 Furniture and fixtures 713 433 Leasehold improvements 398 117 Office equipment 168 89 Software 60 6 Less: accumulated depreciation (912) (426) Property and equipment, net $ 1,433 $ 1,078 The table below presents depreciation expense related to property and equipment for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Depreciation expense on property and equipment $ 497 $ 410 $ 26 $ 52
Schedule of Advertising Costs	The table below presents advertising costs for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Advertising Costs $ 339 $ 763 $ 35 $ 57

Restructuring Charges (Tables)

Restructuring Charges (Tables)	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Charges by Reportable Segment	The table below summarizes total restructuring charges by reportable segment for the year ended December 31, 2022: Cyber & Engineering Analytics Total Employee separation costs $ 417 $ 2,885 $ 3,302 Impairment of right-of-use assets 90 811 901 Total restructuring charges $ 507 $ 3,696 $ 4,203

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2022
Business Acquisition [Line Items]
Schedule of Pro Forma Information	The following table presents the pro forma combined results of operations for the business combinations for the years ended December 31, 2022 and December 31, 2021 as though the acquisitions had been completed as of January 1, 2021. Pro forma for the year ended December 31, 2022 December 31, 2021 Net revenue $ 156,256 $ 151,380 Net loss (122,751) (124,762) Transaction expenses 1,585 —
NuWave
Business Acquisition [Line Items]
Schedule of Assets And Liabilities Assumed	The following table summarizes the fair value of the consideration trans ferred and the estimate d fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date. June 19, 2020 Cash paid $ 27,881 Equity issued 2,900 Purchase consideration $ 30,781 Assets: Cash $ 1,038 Accounts receivable 3,018 Other current assets 112 Contract assets 1,095 Deposits 27 Property and equipment 77 Intangible assets 16,200 Total assets acquired $ 21,567 Liabilities: Accounts payable 365 Accrued liabilities 364 Deferred tax liability 476 Total liabilities acquired $ 1,205 Fair value of net identifiable assets acquired 364 Goodwill $ 10,419
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table summarizes the intangible assets acquired by class: June 19, 2020 Technology 5,400 Customer relationships 10,800 Total intangible assets 16,200
PCI Acquisition
Business Acquisition [Line Items]
Schedule of Assets And Liabilities Assumed	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 23, 2020 Cash paid $ 55,932 Equity issued 8,143 Purchase consideration $ 64,075 Assets: Cash $ 364 Accounts receivable 6,710 Contract assets 4,569 Prepaid expenses and other current assets 383 Property and equipment 218 Other non-current assets 5 Intangible assets 22,800 Total assets acquired $ 35,049 Liabilities: Accounts payable $ 1,131 Deferred tax liability 1,033 Accrued liabilities 3,776 Total liabilities acquired $ 5,940 Fair value of net identifiable assets acquired 29,109 Goodwill $ 34,966
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table summarizes the intangible assets acquired by class: October 23, 2020 Customer relationships $ 22,800
Open Solutions Acquisition
Business Acquisition [Line Items]
Schedule of Assets And Liabilities Assumed	The following table summarizes the fair value of the consideration transferred and the estimat ed fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date. December 2, 2020 Cash paid $ 60,715 Equity issued 2,145 Purchase consideration $ 62,860 Assets: Cash $ 63 Accounts receivable 6,127 Prepaid expenses and other current assets 89 Property and equipment 305 Other non-current assets 48 Intangible assets 30,800 Total assets acquired $ 37,432 Liabilities: Accounts payable $ 122 Accrued liabilities 946 Deferred tax liability 334 Other non-current liabilities 27 Total liabilities acquired $ 1,429 Fair value of net identifiable assets acquired 36,003 Goodwill $ 26,857
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table summarizes the intangible assets acquired by class: December 2, 2020 Technology $ 10,300 Customer relationships 20,500 Total intangible assets $ 30,800
ProModel Acquisition
Business Acquisition [Line Items]
Schedule of Assets And Liabilities Assumed	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. December 21, 2020 Cash paid $ 43,718 Assets: Cash 1,843 Accounts receivable 907 Other receivables 707 Contract assets 779 Prepaid expenses and other current assets 64 Property and equipment 134 Other non-current assets 18 Intangible assets 21,700 Total assets acquired $ 26,152 Liabilities: Accounts payable $ 2 Contract liabilities 501 Accrued liabilities 960 Total liabilities acquired $ 1,463 Fair value of net identifiable assets acquired 24,689 Goodwill $ 19,029
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table summarizes the intangible assets acquired by class: December 21, 2020 Technology $ 7,000 Customer relationships 14,700 Total intangible assets $ 21,700
ProModel Corporation Acquisition
Business Acquisition [Line Items]
Schedule of Assets And Liabilities Assumed	The following table summarizes the preliminary fair value of the consideration transferred and the preliminary estimated fair values of the major classes of assets acquired and liabilities assumed as of the acquisition date. April 7, 2022 Cash paid $ 8,559 Equity issued 7,501 Purchase consideration $ 16,060 Assets: Cash $ 4,094 Accounts receivable 743 Prepaid expenses and other current assets 1,600 Contract assets 398 Property and equipment 83 Other non-current assets 21 Intangible assets 9,300 Total assets acquired $ 16,239 Liabilities: Accounts payable 5 Accrued liabilities 7,752 Contract liabilities 1,555 Deferred tax liabilities 1,458 Total liabilities acquired $ 10,770 Fair value of net identifiable assets acquired 5,469 Goodwill $ 10,591
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table summarizes the intangible assets acquired by class: April 7, 2022 Technology $ 3,500 Customer relationships 5,800 Total intangible assets $ 9,300

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Liabilities Measured At Fair Value On Recurring Basis	The table below presents the financial liabilities measured at fair value on a recurring basis: December 31, 2022 Balance Sheet Caption Level 1 Level 2 Level 3 Total Private warrants Other non-current liabilities $ — $ — $ 9 $ 9 Written put options Derivative liabilities — — — — December 31, 2021 Balance Sheet Caption Level 1 Level 2 Level 3 Total Private warrants Other non-current liabilities $ — $ — $ 319 $ 319 Written put options Derivative liabilities — — 44,827 44,827
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The changes in the fair value of the Level 3 liabilities are as follows: Level 3 Private warrants Written put options December 31, 2020 $ — $ — Additions 422 11,371 Changes in fair value (103) 33,456 Settlements — — December 31, 2021 $ 319 $ 44,827 Additions — — Changes in fair value (267) (1,281) Settlements (43) (43,546) December 31, 2022 $ 9 $ —

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Estimated useful lives are as follows: Property and equipment Estimate useful life in years Computer equipment 3 Furniture and fixtures 7 Laboratory equipment 5-10 Software 3-5 Leasehold improvements 5 or lease term The property and equipment and accumulated depreciation balances are as follows: December 31, 2022 December 31, 2021 Computer equipment $ 1,006 $ 859 Furniture and fixtures 713 433 Leasehold improvements 398 117 Office equipment 168 89 Software 60 6 Less: accumulated depreciation (912) (426) Property and equipment, net $ 1,433 $ 1,078 The table below presents depreciation expense related to property and equipment for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Depreciation expense on property and equipment $ 497 $ 410 $ 26 $ 52

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The table below presents the changes in the carrying amount of goodwill by reporting unit: Cyber & Analytics Total December 31, 2020 $ 34,966 $ 56,305 $ 91,271 Measurement period adjustment - PCI 286 — 286 Measurement period adjustment - ProModel — 79 79 As of December 31, 2021 $ 35,252 $ 56,384 $ 91,636 Goodwill arising from the ProModel Corporation acquisition — 10,591 10,591 Goodwill impairment (35,252) (18,292) (53,544) As of December 31, 2022 $ — $ 48,683 $ 48,683

Intangible Assets, net (Tables)

Intangible Assets, net (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The intangible asset balances and accumulated amortization are as follows: December 31, 2022 Gross carrying amount Accumulated amortization Net carrying amount Weighted average useful life in years Customer relationships $ 74,600 $ (7,702) $ 66,898 20 Technology 26,200 (7,413) 18,787 7 Total $ 100,800 $ (15,115) $ 85,685 December 31, 2021 Gross Accumulated Net Weighted Customer relationships $ 68,800 $ (4,051) $ 64,749 20 Technology 22,700 (3,803) 18,897 7 Total $ 91,500 $ (7,854) $ 83,646
Finite-lived Intangible Assets Amortization Expense	The table below presents the amortization expense related to intangible assets for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Amortization expense related to intangible assets $ 7,261 $ 6,852 $ 1,002 $ —
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The table below presents the estimated amortization expense on intangible assets for the next five years and thereafter as of December 31, 2022: 2023 $ 7,473 2024 7,473 2025 7,473 2026 7,473 2027 6,912 Thereafter 48,881 Total estimated amortization expense $ 85,685

Prepaid expenses and other cu_2

Prepaid expenses and other current assets (Tables)	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Current Assets	The table below presents details on prepaid expenses and other current assets: December 31, 2022 December 31, 2021 Prepaid insurance $ 3,205 $ 4,265 Prepaid expenses 1,663 1,933 Prepaid taxes 1,827 284 Pre-contract costs (1) 3,605 546 Total prepaid expenses and other current assets $ 10,300 $ 7,028 (1) Costs incurred to fulfill a contract in advance of the contract being awarded are included in prepaid expenses and other current assets if we determine that those costs relate directly to a contract or to an anticipated contract that we can specifically identify and contract award is probable, the costs generate or enhance resources that will be used in satisfying performance obligations, and the costs are recoverable (referred to as pre-contract costs) .

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	The table below presents details on accrued liabilities: December 31, 2022 December 31, 2021 Payroll accruals $ 11,319 $ 9,011 Accrued interest 567 842 Other accrued expenses 1,480 882 Total accrued liabilities $ 13,366 $ 10,735

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Debt	The table below presents the Company’s debt balances: December 31, 2022 December 31, 2021 Convertible Notes $ 200,000 $ 200,000 Bank of America Senior Revolver — — D&O Financing Loan 2,059 4,233 Total debt 202,059 204,233 Less: unamortized issuance costs 7,682 9,636 Total debt, net 194,377 194,597 Less: current portion 2,059 4,233 Long-term debt, net $ 192,318 $ 190,364

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Lease, Cost	The following table presents supplemental information related to leases at December 31, 2022: Weighted average remaining lease term 5.32 Weighted average discount rate 10.43 % The table below presents rent expense under all leases for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Rent expense $ 1,899 $ 1,612 $ 198 $ 367 The following table presents supplemental cash flow and non-cash information related to leases: Year Ended December 31, 2022 Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from leases $ 1,160 Right-of-use assets obtained in exchange for lease obligations - non-cash activity $ 2,027
Lessee, Operating Lease, Liability, Maturity	As of December 31, 2022 , the future annual minimum lease payments for operating leases are as follows: 2023 $ 1,429 2024 1,257 2025 1,207 2026 1,138 2027 531 Thereafter 3,625 Total future minimum lease payments $ 9,187 Less: amounts related to imputed interest (3,289) Present value of future minimum lease payments 5,898 Less: current portion of long-term lease liability 806 Long-term lease liability $ 5,092

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax (Benefit) Expense	The table below presents the components of income tax (benefit) expense for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Federal: Deferred $ (1,372) $ 797 $ (2,047) $ — Total Federal (1,372) 797 (2,047) — State: Current 40 42 4 11 Deferred (385) 245 (590) (8) Total State (345) 287 (586) 3 Income tax (benefit) expense $ (1,717) $ 1,084 $ (2,633) $ 3
Schedule of Effective Income Tax Rate Reconciliation	The following is the reconciliation of the amounts computed using the federal statutory income tax rate and the amounts computed using the effective income tax rate: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Tax benefit at federal statutory rates $ (25,853) (25,718) (2,199) — State income tax, net of federal tax benefit (7,532) (2,163) (628) 3 Class B Incentive Unit equity-based compensation 1,001 12,673 — — Valuation allowance 28,607 8,967 — — Net (decrease) increase in fair value of derivatives (334) 7,004 — — Goodwill impairment 1,900 — — — Transaction expenses — — 119 — Other permanent differences 494 321 75 — Income tax expense (benefit) $ (1,717) $ 1,084 (2,633) $ 3 Effective tax rate 1.4% (0.9) % 25.1 % 0.0%
Schedule of Deferred Tax Assets and Liabilities	The table below presents the components of net deferred tax assets and deferred liabilities: December 31, December 31, Deferred tax assets: Net operating loss carryforwards $ 23,750 $ 9,932 Interest carryforwards 5,660 2,151 Amortizable transaction costs 1,874 1,410 Accrued expenses 1,226 1,361 Deferred rent — 51 Equity-based compensation 1,043 50 Depreciation and amortization 8,017 — Lease liabilities 1,626 — Section 174 costs 2,729 — Other assets 239 114 Total deferred tax assets 46,164 15,069 Valuation allowance (43,347) (13,439) Net deferred tax assets 2,817 1,630 Deferred tax liabilities: Depreciation and amortization — 1,267 Prepaid expenses 1,490 611 Right-of-use assets 1,276 — Total deferred tax liabilities 2,766 1,878 Net deferred tax assets (liabilities) $ 51 $ (248)
Schedule of Unrecognized Tax Benefits	The table below presents the Company’s gross unrecognized tax benefits: Unrecognized tax benefits as of December 31, 2021 $ — Increases related to positions taken on prior year items 785 Unrecognized tax benefits as of December 31, 2022 $ 785

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Defined Contribution Plan Disclosures	The table below presents the total contributions to the Company’s 401(k) plans for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Total contributions $ 5,880 $ 3,975 $ 650 $ 1,724

Written Put Option (Tables)

Written Put Option (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instrument Detail [Abstract]
Schedule of Reverse Capitalization	The following table indicates the aggregate number of shares of common stock subject to the FPAs by each Investor: December 6, 2021 Highbridge Investors 2,453,195 Tenor 2,499,608 Glazer Investors 5,000,000 Total shares 9,952,803
Derivatives Fair Value Assumptions	The table below presents the value of the Written Put Option under the Black-Scholes OPM using the following assumptions as of December 31, 2021: December 31, 2021 Value of the written put options $ 4.50 Exercise price $ 10.15 Common stock price $ 5.66 Expected option term (in years) 0.18 Expected volatility 66.00% Risk-free rate of return 0.06% Expected annual dividend yield —% The table below presents the value of the private warrants under the Black-Scholes OPM using the following assumptions as of the following dates: December 31, 2022 December 31, 2021 Fair value of each private warrant $ 0.04 $ 0.87 Exercise price $ 11.50 $ 11.50 Common stock price $ 0.67 $ 5.66 Expected option term (in years) 3.90 4.94 Expected volatility 72.10% 39.50 % Risk-free rate of return 4.10% 1.25 % Expected annual dividend yield —% — %

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of Authorized Stock	The table below presents the details of the Company’s authorized common stock as of the following periods: December 31, 2022 December 31, 2021 Common stock: Authorized shares of common stock 500,000,000 500,000,000 Common stock par value per share $ 0.0001 $ 0.0001 Common stock outstanding at the period end 127,022,363 135,566,227 The table below presents the details of the Company’s authorized preferred stock as of the following periods: December 31, 2022 December 31, 2021 Preferred stock: Authorized shares of preferred stock 1,000,000 1,000,000 Preferred stock par value per share $ 0.0001 $ 0.0001 Preferred stock outstanding at the period end — —

Warrants (Tables)

Warrants (Tables)	12 Months Ended
	Dec. 31, 2022
Warrants and Rights Note Disclosure [Abstract]
Derivatives Fair Value Assumptions	The table below presents the value of the Written Put Option under the Black-Scholes OPM using the following assumptions as of December 31, 2021: December 31, 2021 Value of the written put options $ 4.50 Exercise price $ 10.15 Common stock price $ 5.66 Expected option term (in years) 0.18 Expected volatility 66.00% Risk-free rate of return 0.06% Expected annual dividend yield —% The table below presents the value of the private warrants under the Black-Scholes OPM using the following assumptions as of the following dates: December 31, 2022 December 31, 2021 Fair value of each private warrant $ 0.04 $ 0.87 Exercise price $ 11.50 $ 11.50 Common stock price $ 0.67 $ 5.66 Expected option term (in years) 3.90 4.94 Expected volatility 72.10% 39.50 % Risk-free rate of return 4.10% 1.25 % Expected annual dividend yield —% — %

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Share-based Payment Award, Valuation Assumptions	The assumptions used in determining the fair value were as follows: As of June 11, 2019 Volatility 25.8 % Risk-free interest rate 1.89 % Expected time to exit (years) 2.5 The assumptions used in determining the fair value of the Incentive Units at the grant date are as follows: February 16, 2021 Volatility 57.0% Risk-free interest rate 0.1% Expected time to exit (in years) 1.6 July 29, 2021 Volatility 46.0% Risk-free interest rate 0.2% Expected time to exit (in years) 1.2
Share-based Payment Arrangement, Activity	The table below presents the activity for the Class B Units: Balance as of January 1, 2019 — Granted during the year 100 Vested during the year (10) Forfeited during the year — Unvested as of December 31, 2019 90 Unvested as of October 22, 2020 90 The table below presents the activity in Tranche II of the Class B Units: Unvested as of December 31, 2020 — Granted 9,650,000 Vested (5,640,000) Forfeited (250,000) Unvested as of December 31, 2021 3,760,000 Granted — Vested (1,890,000) Forfeited (575,000) Unvested as of December 31, 2022 1,295,000
Share-based Payment Arrangement, Expensed and Capitalized, Amount	The total compensation expense recognized by the Company for Tranche II Incentive Units, including the effects of modifications, was as follows: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Equity-based compensation expense in selling, general and administrative $ 3,981 $ 53,463 $ — $ — Equity-based compensation expense in cost of revenues 785 6,886 — — Total compensation expense $ 4,766 $ 60,349 $ — $ — The table below present the total equity-based compensation expense recognized for Class A and B Units, Stock Options, RSUs, PSUs and ESPP in selling, general and administrative expense, cost of revenues, and research and development for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Equity-based compensation expense in selling, general and administrative $ 7,359 $ 53,726 $ — $ 80 Equity-based compensation expense in cost of revenues 3,172 6,889 — — Equity-based compensation expense in research and development 334 — — — Total equity-based compensation expense $ 10,865 $ 60,615 $ — $ 80
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The table below presents the fair value of the Stock Options as estimated on the grant date using the Black-Scholes OPM using the following assumptions: Stock Options grant date October 31, 2022 October 12, 2022 August 29, 2022 June 13, 2022 March 30, 2022 Number of Stock Options granted 943,948 1,248,003 81,701 101,215 424,017 Price of common stock on the grant date $ 1.32 $ 1.28 $ 1.53 $ 4.94 $ 8.24 Expected option term (in years) 5.8 6.1 6.1 6.2 6.3 Expected volatility (1) 68.0% 67.0% 66.0% 57.0% 54.0% Risk-free rate of return 4.2% 4.0% 3.2% 3.5% 2.4% Expected annual dividend yield —% —% —% —% —% Fair value of the Stock Options on the grant date $ 0.84 $ 0.82 $ 0.96 $ 2.85 $ 4.67 (1) Expected volatility is based on a combination of implied and historical equity volatility of selected reasonably similar publicly traded companies.
Share-based Payment Arrangement, Option, Activity	The table below presents the activity in the Stock Options: Stock Options Outstanding Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Life (in years) Aggregate Intrinsic Value Outstanding as of December 31, 2020 — $ — 0.0 $ — Granted 482,000 9.99 Exercised — — Forfeited — — Expired — — Outstanding as of December 31, 2021 482,000 $ 9.99 10.0 $ — Granted 2,798,884 2.30 Exercised — — Forfeited (278,903) 8.79 Expired (19,088) $ 9.62 Outstanding as of December 31, 2022 2,982,893 $ 2.89 9.64 $ — Vested and exercisable as of December 31, 2022 137,359 $ 6.03 9.28 $ —
Share-based Payment Arrangement, Restricted Stock Unit, Activity	The table below presents the activity in the RSUs: RSUs Weighted-Average Grant Date Fair Value Per Share Unvested as of December 31, 2020 — $ — Granted 403,300 10.03 Vested — — Forfeited — — Unvested as of December 31, 2021 403,300 $ 10.03 Granted 8,529,066 2.62 Vested (311,811) 6.64 Forfeited (1,025,370) 5.66 Unvested as of December 31, 2022 7,595,185 $ 2.35
Share-based Payment Arrangement, Performance Shares, Activity	The table below presents the activity in the PSUs: PSUs Weighted-Average Grant Date Fair Value Per Share Unvested as of December 31, 2020 — $ — Granted 150,000 10.03 Vested — — Forfeited — — Unvested as of December 31, 2021 150,000 $ 10.03 Granted 175,000 1.53 Vested — — Forfeited (37,500) 10.03 Unvested as of December 31, 2022 287,500 $ 4.86
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions	The table below presents the assumptions used to estimate the grant date fair value of the purchase rights under the ESPP: ESPP grant date December 1, 2022 May 1, 2022 Price of common stock on the grant date $ 0.88 $ 10.01 Expected term (in years) 0.50 0.60 Expected volatility (1) 110.0% 56.0% Risk-free rate of return 4.6% 1.5% Expected annual dividend yield —% —% Fair value of the award on the grant date $ 0.40 $ 3.22 (1) Expected volatility is based on a combination of implied and historical equity volatility of selected reasonably similar publicly traded companies.

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The numerators and denominators of the basic and diluted net loss per share are co mputed as follows (in thousands, except per share, unit and per unit data): Successor Basic and diluted net loss per share Year Ended Year Ended Period from Numerator: Net loss $ (121,674) $ (123,552) $ (7,838) Denominator: Weighted average shares outstanding—basic and diluted 127,698,478 107,009,834 105,000,000 Basic and diluted net loss per Share $ (0.95) $ (1.15) $ (0.07)

Revenues (Tables)

Revenues (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The table below presents total revenues by contract type for the following periods: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Time and materials $ 102,255 $ 98,763 $ 24,613 $ 57,549 Firm fixed price 35,939 41,231 6,938 2,216 Cost-reimbursable 16,817 5,584 1 — Total revenues $ 155,011 $ 145,578 $ 31,552 $ 59,765
Schedules of Concentration of Risk, by Risk Factor	Revenue earned from customers contributing in excess of 10% of total revenues are presented in the tables below for the following periods: Successor 2022 Period Year Ended December 31, 2022 Cyber & Analytics Total Percent of total Customer A $ 29,087 $ — $ 29,087 19 % Customer B 17,426 — 17,426 11 % Customer C — 29,413 29,413 19 % Customer D (1) — 3,115 3,115 2 % Customer E (1) — — — — % All others 24,601 51,369 75,970 49 % Total revenues $ 71,114 $ 83,897 $ 155,011 100 % Successor 2021 Period Year Ended December 31, 2021 Cyber & Analytics Total Percent of total Customer A $ 31,732 $ 31,732 22 % Customer B 15,032 — 15,032 10 % Customer C (1) — 10,804 10,804 7 % Customer D (1) — 11,538 11,538 8 % Customer E (1) — 8,835 8,835 6 % All others 28,115 39,522 67,637 47 % Total revenues $ 74,879 $ 70,699 $ 145,578 100 % Successor 2020 Period Period from May 22, 2020 through December 31, 2020 Cyber & Analytics Total Percent of total Customer A $ 8,075 $ — $ 8,075 26 % Customer B 3,495 — 3,495 11 % Customer C (1) — — — — % Customer D — 5,498 5,498 17 % Customer E — 5,494 5,494 17 % All others 4,014 4,976 8,990 29 % Total revenues $ 15,584 $ 15,968 $ 31,552 100 % Predecessor 2020 Period Period from January 1, 2020 through Total (2) Percent of total Customer A $ 26,049 44 % Customer B 12,282 21 % All others 21,434 35 % Total revenues $ 59,765 100 % (1) Customers that contributed in excess of 10% of consolidated revenues in any period presented have been included in all periods presented for comparability. (2) The Predecessor 2020 Period comprises a single reportable segment. As a result, segment reporting for those periods is not presented.
Contract with Customer, Contract Asset, Contract Liability, and Receivable	The table below presents the contract assets and contract liabilities included on the consolidated balance sheets for the following periods: December 31, December 31, Contract assets $ 1,312 $ 628 Contract liabilities $ 2,022 $ 4,207
Schedule of Impact of the Net Estimates at Completion Adjustments on the Company’s Operating	The following table summarizes the impact of the net estimates at completion ( “EAC” ) adjustments on the Company’s operating results: Successor Predecessor Year Ended Year Ended Period from Period from January 1, 2020 through Net EAC Adjustments, before income taxes $ 1,598 $ 1,650 $ — $ — Net EAC Adjustments, net of income taxes $ 1,262 $ 1,304 $ — $ — Net EAC Adjustments, net of income taxes, per diluted share $ 0.01 $ 0.01 $ — $ —

Reportable Segment Information

Reportable Segment Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The tables below present the Company’s operating segment results of operations for the following periods: Successor Year Ended December 31, 2022 Cyber & Analytics Total Revenues $ 71,114 $ 83,897 $ 155,011 Segment adjusted gross margin 15,617 37,147 52,764 Segment adjusted gross margin % 22 % 44 % 34 % Research and development costs excluded from segment adjusted gross margin (6,599) Equity-based compensation excluded from segment adjusted gross margin (3,172) Operating expenses: Selling, general and administrative 84,775 Research and development 8,393 Restructuring charges 4,203 Transaction expenses 2,605 Goodwill impairment 53,544 Operating loss (110,527) Net (decrease) increase in fair value of derivatives (1,591) Interest expense 14,436 Other expense 19 Loss before taxes $ (123,391) Successor Year Ended December 31, 2021 Cyber & Analytics Total Revenues $ 74,879 $ 70,699 $ 145,578 Segment adjusted gross margin 17,480 31,756 49,236 Segment adjusted gross margin % 23 % 45 % 34 % Research and development costs excluded from segment adjusted gross margin (8,282) Equity-based compensation excluded from segment adjusted gross margin (6,886) Operating expenses: Selling, general and administrative 106,507 Research and development 6,033 Restructuring charges — Transaction expenses — Goodwill impairment — Operating loss (78,472) Net (decrease) increase in fair value of derivatives 33,353 Loss on extinguishment of debt 2,881 Interest expense 7,762 Other expense — Loss before taxes $ (122,468) Successor Period from May 22, 2020 through December 31, 2020 Cyber & Analytics Total Revenues $ 15,584 $ 15,968 $ 31,552 Segment adjusted gross margin 3,570 7,799 11,369 Segment adjusted gross margin % 23 % 49 % 36 % Research and development costs excluded from segment adjusted gross margin (2,694) Equity-based compensation excluded from segment adjusted gross margin — Operating expenses: Selling, general and administrative 7,909 Research and development 530 Restructuring charges — Transaction expenses 10,091 Goodwill impairment — Operating loss (9,855) Net (decrease) increase in fair value of derivatives — Loss on extinguishment of debt — Interest expense 616 Other expense — Loss before taxes $ (10,471)
Reconciliation of Assets from Segment to Consolidated	The following table presents the assets by segment as of the following periods: December 31, 2022 December 31, 2021 Cyber & Analytics Corporate Total Cyber & Analytics Corporate Total Total assets $ 38,841 $ 150,447 $ 6,020 $ 195,308 $ 74,808 $ 154,085 $ 154,429 $ 383,322

Description of the Business (De

Description of the Business (Details) - USD ($)			3 Months Ended	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 07, 2021	Dec. 06, 2021	Mar. 31, 2022	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Merger [Line Items]
Holding period of shares	3 months
Proceeds from merger	$ 101,958,000			$ 0	$ 0	$ 0	$ 101,958,000
Debt conversion, converted instrument, shares issued (in shares)	17,391,304					18,844,600	17,391,304
Debt instrument, convertible, conversion price (in usd per shares)	$ 11.50					$ 10.61	$ 11.50
Repayments of debt	$ 114,393,000
Payment of merger transaction costs	9,802,000			$ 0	$ 0	$ 0	$ 9,802,000
Equity stock, shares authorized (in shares)		501,000,000
Common shares authorized (in shares)		500,000,000				500,000,000	500,000,000
Preferred stock authorized (in shares)		1,000,000				1,000,000	1,000,000
Common stock outstanding (in shares)						127,022,363	135,566,227
Preferred stock outstanding (in shares)						0	0
Proceeds from reverse recapitalization transaction	$ 75,000,000
Reverse recapitalization shares issued (in shares)	105,000,000
Common stock issued (in shares)	8,000,000
Certain Advisors
Merger [Line Items]
Common stock issued (in shares)	1,495,320
AE Industrial Partners Fund II, LP
Merger [Line Items]
Majority shareholder, ownership by AE	83.50%
BigBear Holdings
Merger [Line Items]
Common units converted (in shares)	100	100
Unsecured Debt
Merger [Line Items]
Debt conversion, converted instrument, amount	$ 200,000,000
Total Investor Share Liability
Merger [Line Items]
Repurchase of shares as a result of forward purchase agreements (in shares)			9,952,803
Forward Share Purchase Agreements
Merger [Line Items]
Earnout period, stock price trigger (usd per share)		$ 10.15

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Estimated Useful Lives (Details)	12 Months Ended
	Dec. 31, 2022
Computer equipment
Property, Plant and Equipment [Line Items]
Estimate useful life in years	3 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Estimate useful life in years	7 years
Laboratory equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimate useful life in years	5 years
Laboratory equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimate useful life in years	10 years
Software | Minimum
Property, Plant and Equipment [Line Items]
Estimate useful life in years	3 years
Software | Maximum
Property, Plant and Equipment [Line Items]
Estimate useful life in years	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Estimate useful life in years	5 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Unrecognized tax benefits	$ 785	$ 0

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Concentration of Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Oct. 22, 2020	May 22, 2020	Jan. 01, 2020
Accounting Policies [Abstract]
Cash and cash equivalents and restricted cash	$ 12,632	$ 169,921	$ 9,704	$ 364	$ 0	$ 1,644

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Segment Information (Details) - segment	10 Months Ended	12 Months Ended
	Oct. 22, 2020	Dec. 31, 2022
Accounting Policies [Abstract]
Number of operating segments		2
Number of reportable segments	1	2

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Internal-Use Software (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Oct. 22, 2020
Computer Software, Intangible Asset
Finite-Lived Intangible Assets [Line Items]
Capitalized computer software, gross	$ 0	$ 0	$ 0	$ 0

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Schedule of Advertising Costs (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Advertising Costs	$ 35	$ 57	$ 339	$ 763

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Jan. 01, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2016-02 [Member]
Right-of-use assets	$ 4,638	$ 4,533	$ 0
Lease liability	$ 5,898	$ 4,622

Restructuring Charges - Narrati

Restructuring Charges - Narrative (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0	$ 0	$ 4,203	$ 0
Restructuring reserve settled			1,767
Impairment of right-of-use assets	$ 0	$ 0	901	$ 0
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges			3,302
Liability Reflecting Unpaid Employee Separation Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 1,535

Restructuring Charges - Schedul

Restructuring Charges - Schedule of Restructuring Charges by Reportable Segment (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Employee separation costs			$ 3,302
Impairment of right-of-use assets	$ 0	$ 0	901	$ 0
Total restructuring charges	$ 0	$ 0	4,203	$ 0
Cyber & Engineering
Restructuring Cost and Reserve [Line Items]
Employee separation costs			417
Impairment of right-of-use assets			90
Total restructuring charges			507
Analytics
Restructuring Cost and Reserve [Line Items]
Employee separation costs			2,885
Impairment of right-of-use assets			811
Total restructuring charges			$ 3,696

Business Combinations - Narrati

Business Combinations - Narrative (Details) - USD ($) $ in Thousands

1 Months Ended

2 Months Ended

6 Months Ended

7 Months Ended

10 Months Ended

12 Months Ended

Apr. 07, 2022

Dec. 31, 2020

Dec. 21, 2020

Dec. 02, 2020

Oct. 23, 2020

Jun. 19, 2020

Dec. 31, 2020

Dec. 31, 2020

Dec. 31, 2020

Dec. 31, 2020

Oct. 22, 2020

Dec. 31, 2022

Dec. 31, 2021

Business Acquisition [Line Items]

Acquisition related costs

$ 10,091

$ 0

$ 2,605

$ 0

Escrow deposit

101,021

NuWave

Business Acquisition [Line Items]

Percentage of voting interests acquired

100%

Units issued to acquiree (in shares)

2,900,000

Indemnification escrow deposit

$ 300

Adjustment escrow deposit

150

Revenue of acquiree since acquisition date, actual

$ 13,725

Earnings acquiree since acquisition date, actual

118

Acquisition related costs

$ 1,662

Purchase consideration

$ 30,781

PCI Acquisition

Business Acquisition [Line Items]

Percentage of voting interests acquired

100%

Units issued to acquiree (in shares)

8,142,985

Indemnification escrow deposit

$ 325

Adjustment escrow deposit

650

Revenue of acquiree since acquisition date, actual

$ 15,584

Earnings acquiree since acquisition date, actual

288

Acquisition related costs

$ 3,484

Measurement period adjustment

286

Purchase consideration

$ 64,075

Open Solutions Acquisition

Business Acquisition [Line Items]

Percentage of voting interests acquired

100%

Units issued to acquiree (in shares)

2,144,812

Indemnification escrow deposit

$ 285

Adjustment escrow deposit

372

Revenue of acquiree since acquisition date, actual

$ 1,855

Earnings acquiree since acquisition date, actual

64

Acquisition related costs

$ 2,432

Expense funds

150

Purchase consideration

$ 62,860

ProModel Acquisition

Business Acquisition [Line Items]

Percentage of voting interests acquired

100%

Adjustment escrow deposit

$ 425

Revenue of acquiree since acquisition date, actual

$ 388

Earnings acquiree since acquisition date, actual

19

Acquisition related costs

$ 2,513

Measurement period adjustment

79

Expense funds

$ 2,557

ProModel Corporation Acquisition

Business Acquisition [Line Items]

Percentage of voting interests acquired

100%

Acquisition related costs

$ 1,585

$ 0

Purchase consideration

$ 16,060

Escrow deposit

200

Distribution escrow amount

100

Adjustment escrow amount

$ 100

ProModel Corporation Acquisition | Technology

Business Acquisition [Line Items]

Intangible assets, useful life

7 years

ProModel Corporation Acquisition | Customer relationships

Business Acquisition [Line Items]

Intangible assets, useful life

20 years

ProModel Corporation Acquisition | Common Stock

Business Acquisition [Line Items]

Units issued to acquiree (in shares)

649,976

Business Combinations - Assets

Business Combinations - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands						7 Months Ended	10 Months Ended	12 Months Ended
	Apr. 07, 2022	Dec. 21, 2020	Dec. 02, 2020	Oct. 23, 2020	Jun. 19, 2020	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Equity issued						$ 0	$ 0	$ 7,501	$ 0
Liabilities:
Goodwill						$ 91,271		$ 48,683	$ 91,636
NuWave
Business Acquisition [Line Items]
Cash paid					$ 27,881
Equity issued					2,900
Purchase consideration					30,781
Assets:
Cash					1,038
Accounts receivable					3,018
Other current assets					112
Contract assets					1,095
Deposits					27
Property and equipment					77
Intangible assets					16,200
Total assets acquired					21,567
Liabilities:
Accounts payable					365
Accrued liabilities					364
Deferred tax liabilities					476
Total liabilities acquired					1,205
Fair value of net identifiable assets acquired					364
Goodwill					$ 10,419
PCI Acquisition
Business Acquisition [Line Items]
Cash paid				$ 55,932
Equity issued				8,143
Purchase consideration				64,075
Assets:
Cash				364
Accounts receivable				6,710
Contract assets				4,569
Prepaid expenses and other current assets				383
Property and equipment				218
Other non-current assets				5
Intangible assets				22,800
Total assets acquired				35,049
Liabilities:
Accounts payable				1,131
Accrued liabilities				3,776
Deferred tax liabilities				1,033
Total liabilities acquired				5,940
Fair value of net identifiable assets acquired				29,109
Goodwill				$ 34,966
Open Solutions Acquisition
Business Acquisition [Line Items]
Cash paid			$ 60,715
Equity issued			2,145
Purchase consideration			62,860
Assets:
Cash			63
Accounts receivable			6,127
Prepaid expenses and other current assets			89
Property and equipment			305
Other non-current assets			48
Intangible assets			30,800
Total assets acquired			37,432
Liabilities:
Accounts payable			122
Accrued liabilities			946
Deferred tax liabilities			334
Other non-current liabilities			27
Total liabilities acquired			1,429
Fair value of net identifiable assets acquired			36,003
Goodwill			$ 26,857
ProModel Acquisition
Business Acquisition [Line Items]
Cash paid		$ 43,718
Assets:
Cash		1,843
Accounts receivable		907
Other current assets		707
Contract assets		779
Prepaid expenses and other current assets		64
Property and equipment		134
Other non-current assets		18
Intangible assets		21,700
Total assets acquired		26,152
Liabilities:
Accounts payable		2
Contract liabilities		501
Accrued liabilities		960
Total liabilities acquired		1,463
Fair value of net identifiable assets acquired		24,689
Goodwill		$ 19,029
ProModel Corporation Acquisition
Business Acquisition [Line Items]
Cash paid	$ 8,559
Equity issued	7,501
Purchase consideration	16,060
Assets:
Cash	4,094
Accounts receivable	743
Contract assets	398
Prepaid expenses and other current assets	1,600
Property and equipment	83
Other non-current assets	21
Intangible assets	9,300
Total assets acquired	16,239
Liabilities:
Accounts payable	5
Contract liabilities	1,555
Accrued liabilities	7,752
Deferred tax liabilities	1,458
Total liabilities acquired	10,770
Fair value of net identifiable assets acquired	5,469
Goodwill	$ 10,591

Business Combinations - Intangi

Business Combinations - Intangible Assets Acquired By Class (Details) - USD ($) $ in Thousands	Apr. 07, 2022	Dec. 21, 2020	Dec. 02, 2020	Oct. 23, 2020	Jun. 19, 2020
NuWave
Business Acquisition [Line Items]
Total intangible assets					$ 16,200
NuWave | Technology
Business Acquisition [Line Items]
Total intangible assets					5,400
NuWave | Customer relationships
Business Acquisition [Line Items]
Total intangible assets					$ 10,800
PCI Acquisition | Customer relationships
Business Acquisition [Line Items]
Total intangible assets				$ 22,800
Open Solutions Acquisition
Business Acquisition [Line Items]
Total intangible assets			$ 30,800
Open Solutions Acquisition | Technology
Business Acquisition [Line Items]
Total intangible assets			10,300
Open Solutions Acquisition | Customer relationships
Business Acquisition [Line Items]
Total intangible assets			$ 20,500
ProModel Acquisition
Business Acquisition [Line Items]
Total intangible assets		$ 21,700
ProModel Acquisition | Technology
Business Acquisition [Line Items]
Total intangible assets		7,000
ProModel Acquisition | Customer relationships
Business Acquisition [Line Items]
Total intangible assets		$ 14,700
ProModel Corporation Acquisition
Business Acquisition [Line Items]
Total intangible assets	$ 9,300
ProModel Corporation Acquisition | Technology
Business Acquisition [Line Items]
Total intangible assets	3,500
ProModel Corporation Acquisition | Customer relationships
Business Acquisition [Line Items]
Total intangible assets	$ 5,800

Business Combinations - Pro For

Business Combinations - Pro Forma (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Transaction expenses	$ 10,091	$ 0	$ 2,605	$ 0
ProModel Corporation Acquisition
Business Acquisition [Line Items]
Net revenue			156,256	151,380
Net loss			(122,751)	(124,762)
Transaction expenses			$ 1,585	$ 0

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Financial Liabilities Measured At Fair Value On a Recurring Basis (Details) - Fair Value Recurring - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Private warrants
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	$ 9	$ 319
Written put options
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	0	44,827
Level 1 | Private warrants
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	0	0
Level 1 | Written put options
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	0	0
Level 2 | Private warrants
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	0	0
Level 2 | Written put options
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	0	0
Level 3 | Private warrants
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	9	319
Level 3 | Written put options
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial liabilities fair value disclosure	$ 0	$ 44,827

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Fair Value, Net Derivative Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Private warrants
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 319	$ 0
Additions	0	422
Changes in fair value	(267)	(103)
Settlements	(43)	0
Ending balance	9	319
Written put options
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	44,827	0
Additions	0	11,371
Changes in fair value	(1,281)	33,456
Settlements	(43,546)	0
Ending balance	$ 0	$ 44,827

Property and Equipment, net (De

Property and Equipment, net (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation			$ (912)	$ (426)
Property and equipment, net			1,433	1,078
Depreciation expense on property and equipment	$ 26	$ 52	497	410
Computer equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross			1,006	859
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross			713	433
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross			398	117
Office equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross			168	89
Software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross			$ 60	$ 6

Goodwill - Narrative (Details)

Goodwill - Narrative (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Goodwill impairment	$ 0	$ 0	$ 53,544	$ 0
Accumulated impairment loss			53,544
Cyber & Engineering
Goodwill [Line Items]
Goodwill impairment			35,252
Accumulated impairment loss			35,252
Analytics
Goodwill [Line Items]
Goodwill impairment			18,292
Accumulated impairment loss			$ 18,292

Goodwill - Schedule of Goodwill

Goodwill - Schedule of Goodwill (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Beginning balance			$ 91,636	$ 91,271
Goodwill impairment	$ 0	$ 0	(53,544)	0
Ending balance	91,271		48,683	91,636
PCI Acquisition
Goodwill [Roll Forward]
Measurement period adjustment				286
ProModel Acquisition
Goodwill [Roll Forward]
Measurement period adjustment				79
Goodwill arising from the ProModel Corporation acquisition			10,591
Cyber & Engineering
Goodwill [Roll Forward]
Beginning balance			35,252	34,966
Goodwill impairment			(35,252)
Ending balance	34,966		0	35,252
Cyber & Engineering | PCI Acquisition
Goodwill [Roll Forward]
Measurement period adjustment				286
Cyber & Engineering | ProModel Acquisition
Goodwill [Roll Forward]
Measurement period adjustment				0
Goodwill arising from the ProModel Corporation acquisition			0
Analytics
Goodwill [Roll Forward]
Beginning balance			56,384	56,305
Goodwill impairment			(18,292)
Ending balance	$ 56,305		48,683	56,384
Analytics | PCI Acquisition
Goodwill [Roll Forward]
Measurement period adjustment				0
Analytics | ProModel Acquisition
Goodwill [Roll Forward]
Measurement period adjustment				$ 79
Goodwill arising from the ProModel Corporation acquisition			$ 10,591

Intangible Assets, net (Details

Intangible Assets, net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 100,800	$ 91,500
Accumulated amortization	(15,115)	(7,854)
Net carrying amount	85,685	83,646
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	74,600	68,800
Accumulated amortization	(7,702)	(4,051)
Net carrying amount	$ 66,898	$ 64,749
Weighted average useful life in years	20 years	20 years
Technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 26,200	$ 22,700
Accumulated amortization	(7,413)	(3,803)
Net carrying amount	$ 18,787	$ 18,897
Weighted average useful life in years	7 years	7 years

Intangible Assets, Net - Finite

Intangible Assets, Net - Finite-lived Intangible Assets Amortization Expense (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense related to intangible assets	$ 1,002	$ 0	$ 7,261	$ 6,852

Intangible Assets, net - Estima

Intangible Assets, net - Estimated Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2023	$ 7,473
2024	7,473
2025	7,473
2026	7,473
2027	6,912
Thereafter	48,881
Net carrying amount	$ 85,685	$ 83,646

Prepaid expenses and other cu_3

Prepaid expenses and other current assets - Schedule of Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid insurance	$ 3,205	$ 4,265
Prepaid expenses	1,663	1,933
Prepaid taxes	1,827	284
Pre-contract costs	3,605	546
Total prepaid expenses and other current assets	$ 10,300	$ 7,028

Prepaid expenses and other cu_4

Prepaid expenses and other current assets - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Prepaid Expenses and Other Current Assets [Line Items]
Pre-contract costs	$ 3,605	$ 546
Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Current Assets [Line Items]
Pre-contract costs	$ 3,605	$ 546

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Payroll accruals	$ 11,319	$ 9,011
Accrued interest	567	842
Other accrued expenses	1,480	882
Total accrued liabilities	$ 13,366	$ 10,735

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt, gross	$ 202,059	$ 204,233
Less: unamortized issuance costs	7,682	9,636
Total debt, net	194,377	194,597
Less: current portion	2,059	4,233
Long-term debt, net	192,318	190,364
Convertible Notes
Debt Instrument [Line Items]
Long-term debt, gross	200,000	200,000
Bank of America Senior Revolver
Debt Instrument [Line Items]
Long-term debt, gross	0	0
D&O Financing Loan
Debt Instrument [Line Items]
Long-term debt, gross	$ 2,059	$ 4,233

Debt - Convertible Notes (Detai

Debt - Convertible Notes (Details)	May 29, 2022 USD ($) d $ / shares shares	May 28, 2022	Dec. 07, 2021 USD ($) d vote $ / shares shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2021 $ / shares
Debt Instrument [Line Items]
Debt instrument, convertible, conversion price (in usd per shares) | $ / shares			$ 11.50	$ 10.61	$ 11.50
Convertible notes payable				$ 200,000,000
Less: unamortized issuance costs				$ 7,700,000
Common Stock
Debt Instrument [Line Items]
Shares converted (in shares) | shares	94.2230
Convertible Notes Payable
Debt Instrument [Line Items]
Debt, face amount	$ 1,000		$ 200,000,000
Stated interest rate percentage			6%
Conversion ratio	94.2230	86.9565
Debt instrument, convertible, average daily trading days | d	30		30
Daily volume weighted average price (in usd per shares) | $ / shares	$ 10
Debt instrument, convertible, threshold consecutive trading days | vote			20
Debt instrument, trading days			30 days
Debt instrument, convertible, for first two years after initial issuance			$ 3,000,000
Debt instrument, convertible, term of after initial issuance			2 years
Debt instrument, convertible, thereafter			$ 2,000,000
Debt instrument, convertible, obligated equal amount to pay of interest, term			12 months
Convertible Notes Payable | Common Stock
Debt Instrument [Line Items]
Debt instrument, shares issuable (in shares) | shares	18,844,600		17,391,304
Debt instrument, convertible, conversion price (in usd per shares) | $ / shares	$ 10.61		$ 11.50
Debt instrument, convertible, threshold percentage of stock price trigger			130%
Convertible Debt, Par Value
Debt Instrument [Line Items]
Debt, face amount			$ 1,000

Debt - Successor Debt- Bank of

Debt - Successor Debt- Bank of America Senior Revolver (Details) - USD ($)	Nov. 08, 2022	Dec. 07, 2021	Dec. 31, 2022	Nov. 07, 2022
Debt Instrument [Line Items]
Unamortized debt issuance expense			$ 7,700,000
Other Noncurrent Assets
Debt Instrument [Line Items]
Unamortized debt issuance expense			$ 198,000
Bank of America Senior Revolver
Debt Instrument [Line Items]
Line of credit facility collateral percentage		100%
Line of credit facility increase in maximum borrowing capacity		$ 25,000,000
Line of credit facility increase in maximum borrowing capacity as percentage of EBITDA		100%
Remaining borrowing capacity	$ 25,000,000			$ 50,000,000
Percentage of government receivables	90%
Percentage of commercial receivables	85%
Bank of America Senior Revolver | Base Rate
Debt Instrument [Line Items]
Variable rate		2%
Bank of America Senior Revolver | Fed Funds Effective Rate Overnight Index Swap Rate
Debt Instrument [Line Items]
Variable rate		0.50%
Bank of America Senior Revolver | Bloomberg Short-Term Yield Index Rate
Debt Instrument [Line Items]
Variable rate		1%
Commitment fee percentage	0.25%
Bank of America Senior Revolver | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 25,000,000

Debt - D&O Financing Loan (Deta

Debt - D&O Financing Loan (Details) - USD ($)	Dec. 08, 2022	Dec. 08, 2021
D&O Financing Loan
Debt Instrument [Line Items]
Debt, face amount		$ 4,233,000
Stated interest rate percentage		1.50%
2023 D&O Financing Loan
Debt Instrument [Line Items]
Debt, face amount	$ 2,059
Stated interest rate percentage	5.75%
Upfront payment	$ 1,109,000

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020 USD ($)	Oct. 22, 2020 USD ($)	Dec. 31, 2022 USD ($) sublease	Dec. 31, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Renewal term			5 years
Short-term lease costs			$ 398
Variable lease costs			$ 42
Number of subleases | sublease			2
Sublease income			$ 48
Impairment of right-of-use assets	$ 0	$ 0	$ 901	$ 0
Minimum
Lessee, Lease, Description [Line Items]
Discount rate			2.50%
Maximum
Lessee, Lease, Description [Line Items]
Discount rate			5.40%
Operating lease, remaining lease terms			8 years

Leases - Supplemental Informati

Leases - Supplemental Information Related to Leases (Details)	Dec. 31, 2022
Leases [Abstract]
Weighted average remaining lease term	5 years 3 months 25 days
Weighted average discount rate	10.43%

Leases - Rent expense (Details)

Leases - Rent expense (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Rent expense			$ 1,899
Rent expense	$ 198	$ 367		$ 1,612

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow and Non-Cash Information Related to Leases (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from leases	$ 1,160
Right-of-use assets obtained in exchange for lease obligations - non-cash activity	$ 2,027

Leases - Future Annual Minimum

Leases - Future Annual Minimum Lease Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jan. 01, 2022	Dec. 31, 2021
Lessee, Operating Lease, Liability, to be Paid [Abstract]
2023	$ 1,429
2024	1,257
2025	1,207
2026	1,138
2027	531
Thereafter	3,625
Total future minimum lease payments	9,187
Less: amounts related to imputed interest	(3,289)
Present value of future minimum lease payments	5,898	$ 4,622
Less: current portion of long-term lease liability	806		$ 0
Long-term lease liability	$ 5,092		$ 0

Income Taxes - Current and Defe

Income Taxes - Current and Deferred (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Federal:
Deferred	$ (2,047)	$ 0	$ (1,372)	$ 797
Total Federal	(2,047)	0	(1,372)	797
State:
Current	4	11	40	42
Deferred	(590)	(8)	(385)	245
Total State	(586)	3	(345)	287
Income tax (benefit) expense	$ (2,633)	$ 3	$ (1,717)	$ 1,084

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Tax benefit at federal statutory rates	$ (2,199)	$ 0	$ (25,853)	$ (25,718)
State income tax, net of federal tax benefit	(628)	3	(7,532)	(2,163)
Class B Incentive Unit equity-based compensation	0	0	1,001	12,673
Valuation allowance	0	0	28,607	8,967
Net increase in fair value of derivatives	0	0	(334)	7,004
Goodwill impairment	0	0	1,900	0
Transaction expenses	119	0	0	0
Other permanent differences	75	0	494	321
Income tax (benefit) expense	$ (2,633)	$ 3	$ (1,717)	$ 1,084
Effective tax rate	25.10%	0%	1.40%	(0.90%)

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Net operating loss carryforwards	$ 23,750	$ 9,932
Interest carryforwards	5,660	2,151
Amortizable transaction costs	1,874	1,410
Accrued expenses	1,226	1,361
Deferred rent	0	51
Equity-based compensation	1,043	50
Depreciation and amortization	8,017	0
Lease liabilities	1,626	0
Section 174 costs	2,729	0
Other assets	239	114
Total deferred tax assets	46,164	15,069
Valuation allowance	(43,347)	(13,439)
Net deferred tax assets	2,817	1,630
Deferred tax liabilities:
Depreciation and amortization	0	1,267
Prepaid expenses	1,490	611
Right-of-use assets	1,276	0
Total deferred tax liabilities	2,766	1,878
Net deferred tax (liabilities) assets	$ 51
Net deferred tax (liabilities) assets		$ (248)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Valuation allowance	$ 43,347	$ 13,439
Increase in valuation allowance	29,908
Unrecognized tax benefits	785	0
Interest and penalties associated with the unrecognized tax benefits	0	$ 0
U.S. federal
Operating Loss Carryforwards [Line Items]
Net operating losses	83,182
U.S. state
Operating Loss Carryforwards [Line Items]
Net operating losses	$ 86,647

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax Benefits (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 0
Increases related to positions taken on prior year items	785
Ending balance	$ 785

Employee Benefit Plans (Details

Employee Benefit Plans (Details) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020 USD ($)	Oct. 22, 2020 USD ($)	Dec. 31, 2022 USD ($) plan	Dec. 31, 2021 USD ($)
Retirement Benefits [Abstract]
Number of qualified 401(k) plans | plan			3
Total contributions | $	$ 650	$ 1,724	$ 5,880	$ 3,975

Written Put Option - Narrative

Written Put Option - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	12 Months Ended
	Dec. 06, 2021	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Period for reduced price repurchase		3 months
Treasury stock acquired (usd per share)		$ 10.125
Escrow deposit				$ 101,021
Release of escrow				100,896
Share repurchase program, cash and cash equivalent			$ 125
Derivative liabilities				$ 44,827
Derivative Liability, Statement of Financial Position [Extensible Enumeration]				Derivative liabilities
Derivative gain			$ (1,281)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]			Gain (Loss) on Derivative Instruments, Net, Pretax
Intrinsic value of Written Put Option upon settlement			$ 43,546
Total Investor Share Liability
Derivative [Line Items]
Stock repurchased (in shares)		9,952,803
Repurchase Price, Obligation Liability
Derivative [Line Items]
Stock repurchased (in shares)		5,000,000
Forward Share Purchase Agreements
Derivative [Line Items]
Earnout period, holding term	3 months
Earnout period, stock price trigger (usd per share)	$ 10.15
Forward Share Purchase Agreements | Derivative Instrument, Period, One
Derivative [Line Items]
Earnout period, stock price trigger (usd per share)	10.15
Forward Share Purchase Agreements | Derivative Instrument, Period, Two
Derivative [Line Items]
Earnout period, stock price trigger (usd per share)	10
Forward Share Purchase Agreements | Derivative Instrument, Period, Three
Derivative [Line Items]
Earnout period, stock price trigger (usd per share)	10.05
Earnout stock price overage (usd per shares)	$ 0.05

Written Put Option - Aggregate

Written Put Option - Aggregate number of shares of common stock (Details)	Dec. 06, 2021 shares
Reverse Capitalization [Line Items]
Shares held (in shares)	9,952,803
Highbridge Investors
Reverse Capitalization [Line Items]
Shares held (in shares)	2,453,195
Tenor
Reverse Capitalization [Line Items]
Shares held (in shares)	2,499,608
Glazer Investors
Reverse Capitalization [Line Items]
Shares held (in shares)	5,000,000

Written Put Option - Schedule o

Written Put Option - Schedule of Investments (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022
Option Indexed to Issuer's Equity [Line Items]
Exercise price (usd per shares)	$ 11.50	$ 11.50
Written put options
Option Indexed to Issuer's Equity [Line Items]
Value of the written put options (usd per share)	4.50
Exercise price (usd per shares)	10.15
Common stock price (usd per share)	$ 5.66
Expected option term (in years)	2 months 4 days
Expected volatility	66%
Risk-free rate of return	0.06%
Expected annual dividend yield	0%

Stockholders_ Equity - Schedule

Stockholders’ Equity - Schedule of Authorized Stock (Details) - $ / shares	Dec. 31, 2022	Dec. 31, 2021	Dec. 06, 2021
Common stock:
Authorized shares of common stock (in shares)	500,000,000	500,000,000	500,000,000
Common stock par value per share (in usd per share)	$ 0.0001	$ 0.0001
Common stock outstanding (in shares)	127,022,363	135,566,227
Preferred stock:
Authorized shares of preferred stock (in shares)	1,000,000	1,000,000	1,000,000
Preferred stock par value per share (in usd per share)	$ 0.0001	$ 0.0001
Preferred stock outstanding (in shares)	0	0

Stockholders_ Equity (Details)

Stockholders’ Equity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) vote shares
Common Units [Line Items]
Repurchase of shares as a result of Forward Share Purchase Agreements	$ (57,350)
Voting right per share | vote	1
Treasury Stock
Common Units [Line Items]
Repurchase of shares as a result of forward purchase agreements (in shares) | shares	9,952,803
Repurchase of shares as a result of Forward Share Purchase Agreements	$ (57,350)

Warrants - Narrative (Details)

Warrants - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	Feb. 11, 2021	Dec. 31, 2022	Dec. 31, 2021
Class of Warrant or Right [Line Items]
Exercise price (usd per shares)		$ 11.50	$ 11.50
Derivative gain		$ 1,281
Minimum
Class of Warrant or Right [Line Items]
Minimum strike price (usd per share)	$ 18
Public Warrants
Class of Warrant or Right [Line Items]
Number of securities called by warrant (in shares)	1	12,115,130	11,959,939
Exercise price (usd per shares)	$ 11.50
Class of warrant or right, redemption price (usd per share)	$ 0.01
Minimum period of prior written notice of redemption of warrants	30 days
Warrants redemption covenant threshold trading period	20 days
Warrants redemption covenant threshold consecutive trading period	30 days	3 days
Warrants outstanding (in shares)		12,115,130	11,959,939
Warrants issued (in shares)		12,115,130	11,959,939
Private warrants
Class of Warrant or Right [Line Items]
Number of securities called by warrant (in shares)		210,642	366,533
Exercise price (usd per shares)		$ 11.50	$ 11.50
Warrants outstanding (in shares)		210,642	366,533
Warrants issued (in shares)		210,642	366,533
Fair value of derivative liability		$ 9
Derivative gain		$ 267

Warrants - Schedule of Stockhol

Warrants - Schedule of Stockholders' Equity Note, Warrants or Rights (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Class of Warrant or Right [Line Items]
Exercise price (usd per shares)	$ 11.50	$ 11.50
Private warrants
Class of Warrant or Right [Line Items]
Fair value of each private warrant (usd per share)	0.04	0.87
Exercise price (usd per shares)	11.50	11.50
Common stock price (usd per share)	$ 0.67	$ 5.66
Expected option term (in years)	3 years 10 months 24 days	4 years 11 months 8 days
Expected volatility	72.10%	39.50%
Risk-free rate of return	4.10%	1.25%
Expected annual dividend yield	0%	0%

Equity-Based Compensation - Nar

Equity-Based Compensation - Narrative (Details)

1 Months Ended

5 Months Ended

7 Months Ended

10 Months Ended

12 Months Ended

Jan. 01, 2024 shares

Dec. 01, 2022 $ / shares

Oct. 31, 2022 $ / shares

Oct. 12, 2022 $ / shares

Aug. 29, 2022 $ / shares

Jun. 13, 2022 $ / shares

May 01, 2022 $ / shares

Mar. 30, 2022 $ / shares

Jul. 29, 2021 $ / shares

Oct. 23, 2020 USD ($)

Jun. 11, 2019 $ / shares shares

Feb. 28, 2021 tranche $ / shares

Dec. 31, 2021 shares

Dec. 31, 2020 USD ($) shares

Oct. 22, 2020 USD ($) shares

Dec. 31, 2022 USD ($) employee $ / shares shares

Dec. 31, 2021 USD ($) $ / shares shares

Dec. 31, 2019 shares

Jan. 01, 2022 shares

Dec. 31, 2018 shares

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based payment , expense | $

$ 0

$ 80,000

$ 10,865,000

$ 60,615,000

Options, fair value (usd per share) | $ / shares

$ 2.30

$ 9.99

Class B Unit Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Granted (in usd per share) | $ / shares

$ 9.06

Equity-based compensation expense in selling, general and administrative

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based payment , expense | $

0

80,000

$ 7,359,000

$ 53,726,000

Board of Directors | Equity-based compensation expense in selling, general and administrative | Class A Units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Granted (in shares)

0

Share-based payment , expense | $

86,000

Class B Units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Granted (in shares)

100

100

Vesting rights, percentage

10%

Vested during the year (in shares)

10

Granted (in usd per share) | $ / shares

$ 4,982

Shares settled | $

$ 731,000

Share-based payment , expense | $

$ 80,000

Shares outstanding (in shares)

90

90

0

Class B Units | Tranche One

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vested during the year (in shares)

10

Class B Units | Tranche Two | Forecast

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vested during the year (in shares)

90

Incentive Units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based payment , expense | $

0

$ 0

$ 4,766,000

60,349,000

Share-based payment arrangement, expense, percentage

100%

Cost not yet recognized, period for recognition

1 year 29 days

Incentive Units | Class B Unit Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Incentive units participation threshold (usd per share) | $ / shares

$ 1

Incentive units tranches | tranche

3

Incentive Units | Equity-based compensation expense in selling, general and administrative

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based payment , expense | $

$ 0

$ 0

$ 3,981,000

$ 53,463,000

Incentive Units | Tranche One | Class B Unit Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Granted (in usd per share) | $ / shares

$ 5.19

Incentive Units | Tranche Two

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Granted (in shares)

0

9,650,000

Vested during the year (in shares)

1,890,000

5,640,000

Expiration period

30 months

25 months

Number of former employees | employee

4

Incremental cost | $

$ (1,509,000)

Cost not yet recognized, amount | $

$ 5,034,000

Shares outstanding (in shares)

3,760,000

0

1,295,000

3,760,000

Stock Options

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Expiration period

10 years

Cost not yet recognized, period for recognition

2 years 11 months 8 days

Options, fair value (usd per share) | $ / shares

$ 0.84

$ 0.82

$ 0.96

$ 2.85

$ 4.67

Vesting period

4 years

Intrinsic value | $

$ 0

Unrecognized compensation costs | $

$ 4,305,000

Stock Options | Tranche One

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage

25%

Stock Options | Tranche Two

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage for each quarter

6.25%

Stock Options | Tranche Three

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage for each quarter

6.25%

Stock Options | Tranche Four

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage for each quarter

6.25%

Restricted Stock Units (RSUs)

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Granted (in shares)

8,529,066

403,300

Vested during the year (in shares)

311,811

0

Granted (in usd per share) | $ / shares

$ 2.62

$ 10.03

Cost not yet recognized, amount | $

$ 15,847,000

Cost not yet recognized, period for recognition

2 years 4 months 20 days

Vesting period

4 years

Shares outstanding (in shares)

403,300

0

7,595,185

403,300

Restricted Stock Units (RSUs) | Tranche One

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage

25%

Restricted Stock Units (RSUs) | Tranche One | Non-employee Director

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage

100%

Vesting period

1 year

Restricted Stock Units (RSUs) | Tranche Two

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage for each quarter

6.25%

Restricted Stock Units (RSUs) | Tranche Three

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage for each quarter

6.25%

Restricted Stock Units (RSUs) | Tranche Four

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting rights, percentage for each quarter

6.25%

Performance Shares

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Granted (in shares)

175,000

150,000

Vested during the year (in shares)

0

0

Granted (in usd per share) | $ / shares

$ 1.53

$ 10.03

Share-based payment , expense | $

$ 0

Shares outstanding (in shares)

150,000

0

287,500

150,000

Employee Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Cost not yet recognized, period for recognition

4 months 28 days

Unrecognized compensation costs | $

$ 371,000

Employee Stock | 2021 Employee Stock Purchase Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options, fair value (usd per share) | $ / shares

$ 0.40

$ 3.22

Shares reserved for ESPP (in shares)

3,212,786

Shares issued in period (in shares)

508,062

Withheld employee contributions | $

$ 156,000

Equity-Based Compensation - Ass

Equity-Based Compensation - Assumptions used in Determining the Fair Value (Details) - $ / shares											12 Months Ended
	Dec. 01, 2022	Oct. 31, 2022	Oct. 12, 2022	Aug. 29, 2022	Jun. 13, 2022	May 01, 2022	Mar. 30, 2022	Jul. 29, 2021	Feb. 16, 2021	Jun. 11, 2019	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options granted (in shares)											2,798,884	482,000
Fair value of the Stock Options on the grant date (usd per share)											$ 2.30	$ 9.99
Class B Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility									57%	25.80%
Risk-free interest rate									0.10%	1.89%
Expected time to exit (in years)									1 year 7 months 6 days	2 years 6 months
Incentive Units | Class B Unit Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility								46%
Risk-free interest rate								0.20%
Expected time to exit (in years)								1 year 2 months 12 days
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility		68%	67%	66%	57%		54%
Risk-free interest rate		4.20%	4%	3.20%	3.50%		2.40%
Expected time to exit (in years)		5 years 9 months 18 days	6 years 1 month 6 days	6 years 1 month 6 days	6 years 2 months 12 days		6 years 3 months 18 days
Number of Stock Options granted (in shares)		943,948	1,248,003	81,701	101,215		424,017
Price of common stock on the grant date (usd per share)		$ 1.32	$ 1.28	$ 1.53	$ 4.94		$ 8.24
Expected annual dividend yield		0%	0%	0%	0%		0%
Fair value of the Stock Options on the grant date (usd per share)		$ 0.84	$ 0.82	$ 0.96	$ 2.85		$ 4.67
Employee Stock | 2021 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility	110%					56%
Risk-free interest rate	4.60%					1.50%
Expected time to exit (in years)	6 months					7 months 6 days
Price of common stock on the grant date (usd per share)	$ 0.88					$ 10.01
Expected annual dividend yield	0%					0%
Fair value of the Stock Options on the grant date (usd per share)	$ 0.40					$ 3.22

Equity-Based Compensation - Sha

Equity-Based Compensation - Share Activity (Details) - $ / shares		12 Months Ended
	Jun. 11, 2019	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2019
Class B Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)				0
Granted (in shares)	100			100
Vested (in shares)				(10)
Forfeited (in shares)				0
Ending balance (in shares)				90
Weighted-Average Grant Date Fair Value Per Share
Granted (in usd per share)	$ 4,982
Incentive Units | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)		3,760,000	0
Granted (in shares)		0	9,650,000
Vested (in shares)		(1,890,000)	(5,640,000)
Forfeited (in shares)		(575,000)	(250,000)
Ending balance (in shares)		1,295,000	3,760,000
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)		403,300	0
Granted (in shares)		8,529,066	403,300
Vested (in shares)		(311,811)	0
Forfeited (in shares)		(1,025,370)	0
Ending balance (in shares)		7,595,185	403,300
Weighted-Average Grant Date Fair Value Per Share
Beginning balance (in usd per share)		$ 10.03	$ 0
Granted (in usd per share)		2.62	10.03
Vested (in usd per share)		6.64	0
Forfeited (in usd per share)		5.66	0
Ending balance (in usd per share)		$ 2.35	$ 10.03
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)		150,000	0
Granted (in shares)		175,000	150,000
Vested (in shares)		0	0
Forfeited (in shares)		(37,500)	0
Ending balance (in shares)		287,500	150,000
Weighted-Average Grant Date Fair Value Per Share
Beginning balance (in usd per share)		$ 10.03	$ 0
Granted (in usd per share)		1.53	10.03
Vested (in usd per share)		0	0
Forfeited (in usd per share)		10.03	0
Ending balance (in usd per share)		$ 4.86	$ 10.03

Equity-Based Compensation - Equ

Equity-Based Compensation - Equity-based Compensation Expense (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment , expense	$ 0	$ 80	$ 10,865	$ 60,615
Equity-based compensation expense in selling, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment , expense	0	80	7,359	53,726
Equity-based compensation expense in cost of revenues
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment , expense	0	0	3,172	6,889
Equity-based compensation expense in research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment , expense	0	0	334	0
Incentive Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment , expense	0	0	4,766	60,349
Incentive Units | Equity-based compensation expense in selling, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment , expense	0	0	3,981	53,463
Incentive Units | Equity-based compensation expense in cost of revenues
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment , expense	$ 0	$ 0	$ 785	$ 6,886

Equity-Based Compensation - Sto

Equity-Based Compensation - Stock Option (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Stock Options Outstanding
Beginning balance (in shares)	482,000	0
Granted (in shares)	2,798,884	482,000
Exercised (in shares)	0	0
Forfeited (in shares)	(278,903)	0
Expired (in shares)	(19,088)	0
Ending balance (in shares)	2,982,893	482,000	0
Stock Options vested and exercisable, Outstanding (in shares)	137,359
Weighted-Average Exercise Price Per Share
Beginning balance (in usd per share)	$ 9.99	$ 0
Granted (in usd per share)	2.30	9.99
Exercised (in usd per share)	0	0
Forfeited (in usd per share)	8.79	0
Expired (in usd per share)	9.62	0
Ending balance (in usd per share)	2.89	9.99	$ 0
Options, exercise price (in usd per share)	$ 6.03	$ 9.99
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted-Average Remaining Contractual Life (in years)	9 years 7 months 20 days	10 years	0 years
Aggregate Intrinsic Value	$ 0	$ 0	$ 0
Stock Options vested and exercisable, Weighted-Average Remaining Contractual Life (in years)	9 years 3 months 10 days
Stock Options vested and exercisable, Aggregate Intrinsic Value	$ 0

Net Loss Per Share - Numerators

Net Loss Per Share - Numerators and Denominators (Details) - USD ($) $ / shares in Units, $ in Thousands	7 Months Ended		10 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Numerator:
Net loss	$ (7,838)	$ (7,838)	$ 5,289	$ (121,674)	$ (123,552)
Denominator:
Weighted-average shares outstanding, Basic (in shares)	105,000,000			127,698,478	107,009,834
Weighted-average shares outstanding, Diluted (in shares)	105,000,000			127,698,478	107,009,834
Basic net loss per share (in usd per share)	$ (0.07)			$ (0.95)	$ (1.15)
Diluted net loss per share (in usd per share)	$ (0.07)			$ (0.95)	$ (1.15)

Net Loss Per Share - Narrative

Net Loss Per Share - Narrative (Details) - $ / shares			3 Months Ended	7 Months Ended	12 Months Ended
	Jan. 19, 2023	Dec. 07, 2021	Mar. 31, 2023	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 06, 2021	Feb. 11, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options outstanding (in shares)				0	2,982,893	482,000
Weighted-average exercise price average exercise price (in usd per share)				$ 0	$ 2.89	$ 9.99
Exercise price (usd per shares)					$ 11.50	$ 11.50
Debt conversion, converted instrument, shares issued (in shares)		17,391,304			18,844,600	17,391,304
Debt instrument, convertible, conversion price (in usd per shares)		$ 11.50			$ 10.61	$ 11.50
Maximum number of shares per employee (in shares)					3,482,791
Options, exercise price (in usd per share)					$ 6.03	$ 9.99
Antidilutive shares (in shares)				0
Common stock issued (in shares)					127,022,363	135,566,227	105,000,000
Common stock issued (in shares)		8,000,000
Private Placement | Forecast
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock issued (in shares)			13,888,889
Private Placement | Warrant | Forecast
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock issued (in shares)			13,888,889
Subsequent Event | Private Placement
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock issued (in shares)	13,888,889
Subsequent Event | Private Placement | Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock issued (in shares)	13,888,889
Written put options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of securities called by warrant (in shares)						9,952,803
Exercise price (usd per shares)						$ 10.15
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares outstanding (in shares)					7,595,185	403,300
Performance Shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares outstanding (in shares)					287,500	150,000
Private warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of securities called by warrant (in shares)					210,642	366,533
Exercise price (usd per shares)					$ 11.50	$ 11.50
Public Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of securities called by warrant (in shares)					12,115,130	11,959,939		1
Exercise price (usd per shares)								$ 11.50

Revenues - Revenues by Contract

Revenues - Revenues by Contract (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues	$ 31,552	$ 59,765	$ 155,011	$ 145,578
Time and materials
Disaggregation of Revenue [Line Items]
Total revenues	24,613	57,549	102,255	98,763
Firm fixed price
Disaggregation of Revenue [Line Items]
Total revenues	6,938	2,216	35,939	41,231
Cost-reimbursable
Disaggregation of Revenue [Line Items]
Total revenues	$ 1	$ 0	$ 16,817	$ 5,584

Revenues - Concentration of Ris

Revenues - Concentration of Risk (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Revenues	$ 31,552	$ 59,765	$ 155,011	$ 145,578
Percent of total revenues	100%	100%	100%	100%
Cyber & Engineering
Concentration Risk [Line Items]
Revenues	$ 15,584		$ 71,114	$ 74,879
Analytics
Concentration Risk [Line Items]
Revenues	15,968		83,897	70,699
Customer Concentration Risk | Revenue Benchmark | Customer A
Concentration Risk [Line Items]
Revenues	$ 8,075	$ 26,049	$ 29,087	$ 31,732
Percent of total revenues	26%	44%	19%	22%
Customer Concentration Risk | Revenue Benchmark | Customer A | Cyber & Engineering
Concentration Risk [Line Items]
Revenues	$ 8,075		$ 29,087	$ 31,732
Customer Concentration Risk | Revenue Benchmark | Customer A | Analytics
Concentration Risk [Line Items]
Revenues	0		0
Customer Concentration Risk | Revenue Benchmark | Customer B
Concentration Risk [Line Items]
Revenues	$ 3,495	$ 12,282	$ 17,426	$ 15,032
Percent of total revenues	11%	21%	11%	10%
Customer Concentration Risk | Revenue Benchmark | Customer B | Cyber & Engineering
Concentration Risk [Line Items]
Revenues	$ 3,495		$ 17,426	$ 15,032
Customer Concentration Risk | Revenue Benchmark | Customer B | Analytics
Concentration Risk [Line Items]
Revenues	0		0	0
Customer Concentration Risk | Revenue Benchmark | Customer C
Concentration Risk [Line Items]
Revenues	$ 0		$ 29,413	$ 10,804
Percent of total revenues	0%		19%	7%
Customer Concentration Risk | Revenue Benchmark | Customer C | Cyber & Engineering
Concentration Risk [Line Items]
Revenues	$ 0		$ 0	$ 0
Customer Concentration Risk | Revenue Benchmark | Customer C | Analytics
Concentration Risk [Line Items]
Revenues	0		29,413	10,804
Customer Concentration Risk | Revenue Benchmark | Customer D
Concentration Risk [Line Items]
Revenues	$ 5,498		$ 3,115	$ 11,538
Percent of total revenues	17%		2%	8%
Customer Concentration Risk | Revenue Benchmark | Customer D | Cyber & Engineering
Concentration Risk [Line Items]
Revenues	$ 0		$ 0	$ 0
Customer Concentration Risk | Revenue Benchmark | Customer D | Analytics
Concentration Risk [Line Items]
Revenues	5,498		3,115	11,538
Customer Concentration Risk | Revenue Benchmark | Customer E
Concentration Risk [Line Items]
Revenues	$ 5,494		$ 0	$ 8,835
Percent of total revenues	17%		0%	6%
Customer Concentration Risk | Revenue Benchmark | Customer E | Cyber & Engineering
Concentration Risk [Line Items]
Revenues	$ 0		$ 0	$ 0
Customer Concentration Risk | Revenue Benchmark | Customer E | Analytics
Concentration Risk [Line Items]
Revenues	5,494		0	8,835
Customer Concentration Risk | Revenue Benchmark | All others
Concentration Risk [Line Items]
Revenues	$ 8,990	$ 21,434	$ 75,970	$ 67,637
Percent of total revenues	29%	35%	49%	47%
Customer Concentration Risk | Revenue Benchmark | All others | Cyber & Engineering
Concentration Risk [Line Items]
Revenues	$ 4,014		$ 24,601	$ 28,115
Customer Concentration Risk | Revenue Benchmark | All others | Analytics
Concentration Risk [Line Items]
Revenues	$ 4,976		$ 51,369	$ 39,522

Revenues - Contract Balances (D

Revenues - Contract Balances (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Contract assets	$ 1,312	$ 628
Contract liabilities	$ 2,022	$ 4,207

Revenues - Narrative (Details)

Revenues - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 4,207
Remaining performance obligation, amount	$ 75,000
Remaining performance obligation, percentage	97%

Revenues - Net Estimates At Com

Revenues - Net Estimates At Completion Adjustments (Details) - USD ($) $ / shares in Units, $ in Thousands	7 Months Ended		10 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Change in Accounting Estimate [Line Items]
Net EAC Adjustments, before income taxes	$ (10,471)		$ 5,292	$ (123,391)	$ (122,468)
Net EAC Adjustments, net of income taxes	$ (7,838)	$ (7,838)	5,289	$ (121,674)	$ (123,552)
Net EAC Adjustments, net of income taxes, per diluted share (usd per share)	$ (0.07)			$ (0.95)	$ (1.15)
Contracts Accounted for under Percentage of Completion
Change in Accounting Estimate [Line Items]
Net EAC Adjustments, before income taxes	$ 0		0	$ 1,598	$ 1,650
Net EAC Adjustments, net of income taxes	$ 0		$ 0	$ 1,262	$ 1,304
Net EAC Adjustments, net of income taxes, per diluted share (usd per share)	$ 0		$ 0	$ 0.01	$ 0.01

Reportable Segment Informatio_2

Reportable Segment Information - Narrative (Details) - segment	10 Months Ended	12 Months Ended
	Oct. 22, 2020	Dec. 31, 2022
Segment Reporting [Abstract]
Number of operating segments		2
Number of reportable segments	1	2

Reportable Segment Informatio_3

Reportable Segment Information - Operating Segment Results of Operations (Details) - USD ($) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	$ 31,552	$ 59,765	$ 155,011	$ 145,578
Segment adjusted gross margin	$ 11,369		$ 52,764	$ 49,236
Segment adjusted gross margin (percentage)	36%		34%	34%
Research and development costs excluded from segment adjusted gross margin	$ (2,694)		$ (6,599)	$ (8,282)
Equity-based compensation excluded from segment adjusted gross margin	0		(3,172)	(6,886)
Operating expenses:
Selling, general and administrative	7,909	7,632	84,775	106,507
Research and development	530	85	8,393	6,033
Restructuring charges	0	0	4,203	0
Transaction expenses	10,091	0	2,605	0
Goodwill impairment	0	0	53,544	0
Operating (loss) income	(9,855)	5,293	(110,527)	(78,472)
Net (decrease) increase in fair value of derivatives	0		(1,591)	33,353
Loss on extinguishment of debt	0	0	0	2,881
Interest expense	616		14,436	7,762
Other expense	0		19	0
(Loss) income before taxes	(10,471)	$ 5,292	(123,391)	(122,468)
Cyber & Engineering
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	15,584		71,114	74,879
Segment adjusted gross margin	$ 3,570		$ 15,617	$ 17,480
Segment adjusted gross margin (percentage)	23%		22%	23%
Operating expenses:
Restructuring charges			$ 507
Goodwill impairment			35,252
Analytics
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	$ 15,968		83,897	$ 70,699
Segment adjusted gross margin	$ 7,799		$ 37,147	$ 31,756
Segment adjusted gross margin (percentage)	49%		44%	45%
Operating expenses:
Restructuring charges			$ 3,696
Goodwill impairment			$ 18,292

Reportable Segment Informatio_4

Reportable Segment Information - Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 195,308	$ 383,322
Cyber & Engineering
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	38,841	74,808
Analytics
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	150,447	154,085
Corporate
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 6,020	$ 154,429

Related Party Transactions (Det

Related Party Transactions (Details) $ in Thousands	7 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020 USD ($)	Oct. 22, 2020 transaction	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Related Party Transaction [Line Items]
Related-party transactions during predecessor periods | transaction		0
Affiliated Entity | Board of Directors
Related Party Transaction [Line Items]
Compensation expense	$ 56		$ 2,272	$ 181
Purchases from related party	25		1,218	86
Affiliated Entity | Business, Financial And Management Consulting Services
Related Party Transaction [Line Items]
Amounts of transaction	414		$ 0	$ 1,001
Peter Cannito | PCI Acquisition
Related Party Transaction [Line Items]
Compensation expense	$ 650

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 19, 2023	Dec. 07, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 06, 2021
Subsequent Event [Line Items]
Common stock issued (in shares)			127,022,363	135,566,227	105,000,000
Common stock, par value (in usd per share)			$ 0.0001	$ 0.0001
Common stock issued (in shares)		8,000,000
Subsequent Event | Private Placement
Subsequent Event [Line Items]
Common stock issued (in shares)	13,888,889
Common stock, par value (in usd per share)	$ 0.0001
Aggregate gross proceeds of warrants	$ 25,000
Subsequent Event | Private Placement | Warrant
Subsequent Event [Line Items]
Common stock issued (in shares)	13,888,889
Share price (in usd per share)	$ 1.80