Company: INV
Filing Date: 2025-05-19
Form Type: 424B3
Source: 0001628280-25-026459
Chunk: 43

Company: Innventure, Inc.
Filing Date: 2025-05-19
Form: 424B3
Chunk 43
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 -110,677 |     |             |                            -2,307 |     |    | -108,370 |     |    |    4,697.4 | %   |
| Net Comprehensive Loss Attributable to Innventure, Inc. Stockholders / Innventure LLC Unitholders |     | $         |                          -145,384 |     | $           |                            -5,219 |     | $  | -140,165 |     |    |    2,685.7 | %   |

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#### Revenue
Revenue was $224 for the three months ended March 31, 2025 (Successor) and $224 for the three months ended March 31, 2024 (Predecessor), showing no change period over period. Revenue was consistent as it was substantially comprised of predetermined management fee income period over period.

#### Cost of sales
Cost of sales was $184 for the three months ended March 31, 2025 (Successor) and nil for the three months ended March 31, 2024 (Predecessor), an increase of $184. The increase relates primarily to inventory write-offs.

#### General and administrative
General and administrative expense was $19,676 for the three months ended March 31, 2025 (Successor) and $7,904 for the three months ended March 31, 2024 (Predecessor), an increase of $11,772, or 148.9%. The increase in expenditure was primarily attributed to an increase in professional services, legal fees and consulting fees of $2,000, amortization expense resulting from the intangibles acquired in the Business Combination of $2,240, increased equity based compensation of $5,445. The remaining increase in expenditure was due to increased employee costs.

#### Sales and marketing
Sales and marketing expense was $2,096 for the three months ended March 31, 2025 (Successor) and $1,183 for the three months ended March 31, 2024 (Predecessor), an increase of $913, or 77.2%. The increase was primarily due to increased compensation costs as a result of increased headcount across the business and increases in advertising and marketing-related events and expenses associated with the commercialization phase of the Technology segment.

#### Research and development
Research and Development (“R&D”) expense was $6,253 for the three months ended