Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 151

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 151
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 2024 through October 1, 2024 Year ended December 31, 2023 Revenue from external customers $ 233 $ 95 $ — Interest income — 7 14 Cost of sales $ 3,752 $ 777 $ — Employee costs 3,933 8,076 6,849 Facilities, equipment & supplies 121 581 499 General and administrative 751 398 296 Outside services 390 842 844 Research and development 3,224 2,711 1,443 Sales and marketing 193 442 288 Depreciation expense * 6 99 8 Interest expense 90 564 1,039 Income tax expense (benefit) (3,637) 432 — Other ** 168 1,832 (635) Total Expenses $ 8,991 $ 16,754 $ 10,631 Net Loss $ (8,758) $ (16,652) $ (10,617) * Represents depreciation not already included in Cost of sales. ** Other - change in fair value of financial liabilities, loss on conversion of promissory notes, travel and other miscellaneous expenses. Table of Contents Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data) 109

The following table reconciles the reportable segment to amounts reflected in our consolidated financial statements. Successor Predecessor October 2, 2024 through December 31, 2024 January 1, 2024 through October 1, 2024 Year ended December 31, 2023 Revenues: Technology $ 233 $ 95 $ — Other 250 750 1,198 Elimination of management services provided to Technology (27) (81) (81) Consolidated Revenues $ 456 $ 764 $ 1,117 Interest Expense: Technology $ 90 $ 564 $ 1,039 Other 1,240 1,069 328 Consolidated Interest Expense $ 1,330 $ 1,633 $ 1,367 Interest Income: Technology $ — $ 7 $ 14 Other 198 326 129 Consolidated Interest Income $ 198 $ 333 $ 143 Depreciation and Amortization Expense: Technology $ 5,455 $ 146 $ 8 Other — — — Consolidated Depreciation and Amortization Expense $ 5,455 $ 146 $ 8 Net Loss