v3.25.3
Consolidated Balance Sheets (FY)
$ in Thousands
Dec. 31, 2023
USD ($)
Assets  
Cash, cash equivalents and restricted cash $ 2,575
Accounts receivable 0
Due from related parties 2,602
Inventories 0
Prepaid expenses and other current assets 487
Total Current Assets 5,664
Investments 14,167
Property, plant and equipment, net 637
Intangible assets, net 0
Goodwill 0
Other assets 1,096
Total Assets 21,564
Liabilities and Stockholders' Deficit  
Accrued employee benefits 3,779
Accrued expenses 1,009
Patent installment payable - current 775
Obligation to issue equity 0
Warrant liability 0
Other current liabilities 253
Total Current Liabilities 8,168
Notes payable, net of current portion 999
Embedded derivative liability 1,994
Earnout liability 0
Stock-based compensation liability 0
Patent installment payable, net of current 13,075
Deferred income taxes 0
Other liabilities 683
Total Liabilities 29,420
Commitments and Contingencies (Note 19)
Mezzanine Capital  
Redeemable Units 10,630
Stockholders' Equity / Unitholders' Deficit  
Additional paid-in capital 0
Accumulated other comprehensive gain (loss) 0
Accumulated deficit (64,284)
Total Innventure, Inc., Stockholders' Equity/ Innventure LLC Unitholders' Deficit (20,045)
Non-controlling interest 1,559
Total Stockholders' Equity/ Unitholders' Deficit (18,486)
Total Liabilities, Mezzanine Capital and Equity 21,564
Redeemable Class I Units  
Mezzanine Capital  
Redeemable Units 2,912
Redeemable Class PCTA Units  
Mezzanine Capital  
Redeemable Units 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 93
Notes payable - current 912
Convertible promissory note, net 1,120
Related party  
Liabilities and Stockholders' Deficit  
Accounts payable 347
Notes payable - current 1,000
Convertible promissory note, net $ 3,381