Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 253

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 253
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-deductible, non-cash goodwill impairment charges, respectively, within the condensed consolidated statements of operations and comprehensive income (loss) due to sustained decreases in the Company’s publicly quoted share price and market capitalization, which were, at least in part, sensitive to the general downward volatility experienced in the stock market in late February 2025 through April 2025. The Company’s stock price had not yet recovered as of June 30, 2025. The Company’s June 30, 2025 and March 31, 2025 goodwill impairment testing was performed using the income approach via a discounted cash flow model. The income approach estimates fair value by converting future cash flows to a current amount on the measurement date after taking into consideration marketplace conditions. Assumptions including discount rate and estimated future cash flows had a significant impact to the estimated fair value of the reporting unit. These fair values are Level 3 assets in the fair value hierarchy.

F-69

TABLE OF CONTENTS

Innventure, Inc. and Subsidiaries Notes to Condensed Consolidated Financial Statements (Unaudited) (in thousands, except share or per share data) In the event there are further adverse changes in the Company’s projected cash flows or further changes in key assumptions, including but not limited to an increase in the discount rate and further decline in the Company’s stock price, the Company may be required to record additional non-cash impairment charges to goodwill. Such non-cash charges could have a material adverse effect on the Company’s condensed consolidated statements of operations and comprehensive income (loss) and condensed consolidated balance sheets in the reporting period of the charge. Other intangible assets, net

|                                      |     |       June 30, 2025 |     |                |     |              |     |              |     | December 31, 2024 |     |              |     |              |
|:-------------------------------------|:----|--------------------:|:----|---------------:|:----|-------------:|:----|-------------:|:----|------------------:|:----|:-------------|:----|-------------:|
| Intangible Asset                     |     |    Weighted-Average 
 Amortization Period 
   Remaining (Years) |     | Gross Carrying 
         Amount |     |  Accumulated 
 Amortization |     | Net Carrying 
       Amount |     |    Gross Carrying 
            Amount |     | Accumulated  
 Amortization |     | Net Carrying