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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash, cash equivalents and restricted cash $ 11,119 $ 2,575
Accounts receivable 283 0
Due from related parties 4,536 2,602
Inventories 5,178 0
Prepaid expenses and other current assets 3,170 487
Total Current Assets 24,286 5,664
Investments 28,734 14,167
Property, plant and equipment, net 1,414 637
Intangible assets, net 182,153 0
Goodwill 667,936 0
Other assets 766 1,096
Total Assets 905,289 21,564
Liabilities and Stockholders' Deficit    
Accrued employee benefits 9,273 3,779
Accrued expenses 2,478 1,009
Patent installment payable - current 1,225 775
Obligation to issue equity 4,158 0
Warrant liability 34,023 0
Other current liabilities 317 253
Total Current Liabilities 69,347 8,168
Notes payable, net of current portion 13,654 999
Embedded derivative liability 0 1,994
Earnout liability 14,752 0
Stock-based compensation liability 1,160 0
Patent installment payable, net of current 12,375 13,075
Deferred income taxes 27,353 0
Other liabilities 355 683
Total Liabilities 138,996 29,420
Commitments and Contingencies (Note 19)
Mezzanine Capital    
Redeemable Units   10,630
Stockholders' Equity / Unitholders' Deficit    
Preferred stock 0  
Common stock 4  
Additional paid-in capital 502,865 0
Accumulated other comprehensive gain (loss) 909 0
Accumulated deficit (78,262) (64,284)
Total Innventure, Inc., Stockholders’ Equity/ Innventure LLC Unitholders' Deficit 425,516 (20,045)
Non-controlling interest 340,777 1,559
Total Stockholders' Equity/ Unitholders' Deficit 766,293 (18,486)
Total Liabilities, Mezzanine Capital and Equity 905,289 21,564
Redeemable Class I Units    
Mezzanine Capital    
Redeemable Units 0 2,912
Redeemable Class PCTA Units    
Mezzanine Capital    
Redeemable Units 0 7,718
Class B Preferred Units    
Stockholders' Equity / Unitholders' Deficit    
Preferred stock   38,122
Class B-1 Preferred Units    
Stockholders' Equity / Unitholders' Deficit    
Preferred stock   3,323
Class A Units    
Stockholders' Equity / Unitholders' Deficit    
Common stock   1,950
Class C Units    
Stockholders' Equity / Unitholders' Deficit    
Common stock   844
Nonrelated party    
Liabilities and Stockholders' Deficit    
Accounts payable 3,248 93
Notes payable - current 625 912
Convertible promissory note, net 0 1,120
Related party    
Liabilities and Stockholders' Deficit    
Accounts payable 0 347
Notes payable - current 14,000 1,000
Convertible promissory note, net $ 0 $ 3,381