Company: INV
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052035
Chunk: 65

Company: Innventure, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 2
Chunk 65
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Net Loss(429,684)(26,481)(403,203)1,522.6 %Less: net loss attributable toNon-controlling interest(174,128)(11,762)(162,366)1,380.4 %Net Loss Attributable to Innventure, Inc. Stockholders / Innventure LLC Unitholders(255,556)(14,719)(240,837)1,636.2 %Other comprehensive income (loss), net of taxes:Unrealized gain (loss) on available for sale debt securities - related party(410)(2,373)1,963 (82.7)%Reclassification of realized gain on conversion of available for sale investments(1,507)— (1,507)nm*Total other comprehensive income (loss), net of taxes(1,917)(2,373)456 (19.2)%Total comprehensive loss, net of taxes(431,601)(28,854)(402,747)1,395.8 %Less: comprehensive loss attributable toNon-controlling interest(174,128)(11,762)(162,366)1,380.4 %Net Comprehensive Loss Attributable to Innventure, Inc. Stockholders / Innventure LLC Unitholders$(257,473)$(17,092)$(240,381)1,406.4 %

*not meaningful

41

Revenue

Revenue was $1,234 for the nine months ended September 30, 2025 (Successor) and $764 for the nine months ended September 30, 2024 (Predecessor), an increase of $470, or 61.5%. The increase was driven by an increase of $667 of product sales in the Technology segment, offset by a decrease of $197 of management fee income.

Cost of sales

Cost of sales was $7,192 for the nine months ended September 30, 2025 (Successor) and $777 for the nine months ended September 30, 2024 (Predecessor), an increase of $6,415, or 825.6%. The increase relates to the generation of revenue at the Technology segment resulting in an increase in costs related to supplies and materials amounting to $798, an increase in amortization of intangible assets of $3,660 and an increase in employee costs of $1,642.

General and administrative

General and administrative expense was $55,172 for the nine months ended