Company: INV
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001628280-25-017614
Chunk: 153

Company: Innventure, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 8
Chunk 153
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(232)Write-off of loan commitment fee asset10,041 — — Non-cash interest expense on notes payable248 351 487 Net (gain) loss on investments— (11,547)6,448 Equity method investment gain (loss)902 (893)632 Loss on conversion of promissory notes— 1,119 — Deferred income taxes(3,301)432 — Depreciation and amortization5,455 146 8 Payment of patent installment— (250)— Non-cash rent costs64 185 192 Accrued unpaid interest on note payable69 930 — Changes in operating assets and liabilities:Accounts receivable(166)(117)— Prepaid expenses and other current assets(1,301)(1,353)(218)Inventory(2,354)(2,824)— Accounts payable(11,211)6,013 9 Accrued employee benefits1,656 3,838 3,181 Accrued expenses(484)674 1,230 Stock-based compensation liability1,160 — — Other current liabilities(77)(146)(155)Obligation to issue equity3,000 10,920 — Other assets— (20)(218)Net Cash Used in Operating Activities (29,214)(18,848)(19,476)Cash Flows Provided by (Used in) Investing ActivitiesPurchase of shares in equity method investee— — (2,000)Contributions to equity method investee— — (130)Investment in debt securities - equity method investee— (7,400)(2,600)Advances to equity method investee(4,240)(135)— Acquisition of property, plant and equipment(266)(736)(645)Acquisition of intangible assets(30)— — Acquisition of net assets, net of cash acquired, through business combination16 — — Proceeds from sale of investments— 2,314 708 Cash withdrawn from trust as a result of business combination11,342 — — Net Cash Provided by (Used in) Investing Activities 6,822 (5,957)(4,667)Cash Flows Provided by Financing ActivitiesProceeds from issuance of equity, net of issuance costs15,383 13,122 16,009 Proceeds from the issuance