Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 82

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 82
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 Activities ................................ 6,822 (5,957) 865 (4,667) 5,532 118.5 % Net Cash Provided by Financing Activities ................................................ 33,466 38,441 71,907 19,174 52,733 275.0 % Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash ........... $ 11,074 $ 13,636 $ 24,710 $ (4,969) $ 29,679 (597.3) % Net Cash Used in Operating Activities Cash flows used in operating activities were $48,062 for the combined twelve months ended December 31, 2024, as compared to $19,476 for the year ended December 31, 2023, an increase of $28,586, or 146.8%. The increase is primarily related to change additional costs incurred in connection with the Business Combination, increased employee compensation costs associated with increased headcount. In addition, there was an increase in R&D costs at the Technology segment. Net Cash Provided (Used in) by Investing Activities Cash flows provided by in investing activities were $865 for the combined twelve months ended December 31, 2024, as compared to cash flows used in investing activities of $4,667 for the year ended December 31, 2023, an increase of $5,532 or 118.5%. The increase is primarily related cash withdrawn from the trust as a result of the Business Combination offset by to loans to an equity method investee and acquisitions of property, plant and equipment. Net Cash Provided by Financing Activities Cash flows provided by financing activities were $71,907 for the year ended December 31, 2024, as compared to $19,174 for the year ended December 31, 2023, an increase of $52,733 or 275.0%. The increase is primarily related to proceeds from issuance of equity and debt financing, partially offset by increased repayment of debt. Indebtedness Refer to Note 5. Borrowings to our consolidated financial statements for the years ended December 31, 2024 and 2023 included in Item 8 of this Form 10-K for a discussion of our indebtedness. Contractual Obligations The following table presents a summary of our contractual obligations, including payments due by period, as of December 31, 2024: 2025 2026 2027 2028 Thereafter Total Operating lease ........................................