Company: INV
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052035
Chunk: 15

Company: Innventure, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 15
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,014)(431,601)(28,854)Less: comprehensive loss attributable toNon-controlling interest(6,403)(5,430)(174,128)(11,762)Net Comprehensive Loss Attributable to Innventure, Inc. Stockholders / Innventure LLC Unitholders$(28,051)$(4,584)$(257,473)$(17,092)    

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 DeficitAccumulated OCINon-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