Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 121

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 121
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 On November 30, 2024 and December 31, 2024, management determined that the Second and Third Tranche, respectively, could not be drawn upon due to certain operational thresholds which had not been met for these Tranches. Therefore, the Company wrote off $5,021 and $5,021, respectively on these dates, to Write-off of loan commitment fee asset on the consolidated statements of operations and comprehensive income (loss) as the commitment fee asset could no longer benefit the Company in receiving debt financing capital. Interest expense on this facility was as follows: Successor Predecessor October 2, 2024 through December 31, 2024 January 1, 2024 through October 1, 2024 Year ended December 31, 2023 Interest attributable to contractual interest ..................................... $ 352 $ — $ — Interest attributable to amortization of issuance costs .................... 248 — — Total interest expense $ 600 $ — $ — Note 6. Inventories Successor Predecessor December 31, 2024 December 31, 2023 Raw materials $ 2,974 $ — Work in process 50 — Finished goods 2,154 — Total inventories $ 5,178 $ — Table of Contents Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data) 86

Note 7. Property, Plant and Equipment Successor Predecessor December 31, 2024 December 31, 2023 Leasehold improvements .......................................................................................... $ 548 $ 38 Machinery & equipment ........................................................................................... 664 86 Computers & office equipment ................................................................................ 14 19 Construction in progress ........................................................................................... 266 502 Property, Plant and Equipment, Gross ............................................................... 1,492 645 Less: Accumulated depreciation ............................................................................... (78) (8) Property, Plant and Equipment, Net ................................................................... $ 1,414 $ 637 Total depreciation expense on property, plant and equipment was as follows: Successor Predecessor Period from October 2, 2024 through December 31, 2024 Period from January 1 2024 through October 1, 2024 Year ended December 31, 2023 Depreciation Expense .................................................................... $ 78 $ 148 $ 8 Note 8. Business Combinations As discussed in Note 1. Nature of Business, the Closing of the Business Combination occurred on October 2, 202