Company: INV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040379
Chunk: 62

Company: Innventure, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 62
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 Technology segment for the three and six months ended June 30, 2025 (Successor) and the three and six months ended June 30, 2024 (Predecessor). The information includes the significant expense categories and amounts regularly provided to the CODM for the reportable segment, which may reflect a different presentation than amounts presented elsewhere in the condensed consolidated financial statements. Inter-segment transactions are not eliminated from segment results when management considers those transactions in assessing the results of the Technology segment. 

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Table of ContentsInnventure, Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements(Unaudited) (in thousands, except share or per share data)

Three months endedSix months endedJune 30, 2025 (Successor)June 30, 2024 (Predecessor)June 30, 2025 (Successor)June 30, 2024 (Predecessor)Revenue$254 $— $255 $— Interest income— — 4 — Cost of sales$2,861 $— $3,045 $— Employee costs 3,517 2,701 7,804 5,330 Facilities, equipment & supplies 80 181 461 399 General and administrative840 143 3,235 286 Outside services 501 175 809 412 Research and development3,678 690 8,023 1,343 Sales and marketing148 194 432 357 Depreciation expense *156 64 301 69 Interest expense190 55 317 491 Income tax expense (benefit)(2,645)— (4,104)— Goodwill impairment113,344 — 346,557 — Other **91 106 195 1,750 Total Expenses$122,761 $4,309 $367,075 $10,437 Net Loss$(122,507)$(4,309)$(366,816)$(10,437)* Represents depreciation expense 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.

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Table of ContentsInnventure, Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements(Unaudited) (in thousands, except share or per share data)

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