Company: INV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040379
Chunk: 23

Company: Innventure, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 23
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,725)(6,333)Net Comprehensive Loss Attributable to Innventure, Inc. Stockholders / Innventure LLC Unitholders$(84,038)$(7,288)$(229,422)$(12,507)    

See accompanying notes to condensed consolidated financial statements.

8

Table of ContentsInnventure, Inc. and SubsidiariesCondensed Consolidated Statements of Changes in Unitholders' Deficit (Predecessor)(Unaudited) (in thousands, except share and per share amounts)

Class B PreferredClass B-1 PreferredClass AClass CAccumulated DeficitNon-Controlling InterestTotal (Deficit) EquityDecember 31, 2023 $38,122 $3,323 $1,950 $844 $(64,284)$1,559 $(18,486)Net loss— — — — (5,219)(2,307)(7,526)Units issued to non-controlling interest— — — — — 3,503 3,503 Issuance of preferred units, net of issuance costs7,566 — — — — — 7,566 Unit-based compensation— — — 51 — 345 396 Issuance of units to non-controlling interest in exchange of convertible promissory notes— — — — — 8,443 8,443 Accretion of redeemable units to redemption value— — — — (4,415)— (4,415)March 31, 2024$45,688 $3,323 $1,950 $895 $(73,918)$11,543 $(10,519)Net loss— — — — (7,288)(4,026)(11,314)Units issued to non-controlling interest— — — — — 7,348 7,348 Issuance of preferred units, net of issuance costs2,852 — — — — — 2,852 Unit-based compensation— — — 45 — 248 293 Accretion of redeemable units to redemption value— — — — (362)— (362)June 30, 2024$48,540 $3,323 $1