For the year ending 2025-12-31, INVLW had $54,330K increase in cash & cash equivalents over the period. -$82,100K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -475,350 |
| Stock-based compensation | 27,872 |
| Interest income on debt securities - related party | 394 |
| Change in fair value of financial liabilities | 16,146 |
| Net gain on investments-Related Party | 0 |
| Write-off of loan commitment fee asset | 0 |
| Non-cash interest expense on notes payable | 6,588 |
| Net gain on investments-Nonrelated Party | 131 |
| Accrued unpaid interest on note payable | 336 |
| Equity method investment loss (income) | -12,592 |
| Realized gain on conversion of available for sale investments | 1,507 |
| Loss on extinguishment of debt-Nonrelated Party | -16,064 |
| Loss on extinguishment of debt-Related Party | -3,538 |
| Loss on conversion of promissory notes | 0 |
| Deferred income taxes | -13,450 |
| Depreciation and amortization | 22,506 |
| Goodwill impairment | 346,557 |
| Other costs, net | -195 |
| Accounts receivable | 811 |
| Prepaid expenses and other current assets | 11,676 |
| Inventory | -3,574 |
| Accounts payable | -1,392 |
| Accrued employee benefits | 1,727 |
| Accrued expenses | -480 |
| Stock-based compensation liability | -921 |
| Income taxes payable | 23 |
| Other current liabilities | -358 |
| Contract liabilities | 947 |
| Obligation to issue equity | 0 |
| Other assets | 61 |
| Patent installment payable | 525 |
| Net cash used in operating activities | -80,683 |
| Investment in debt securities-Nonrelated Party | 2,708 |
| Investment in debt securities-Related Party | 0 |
| Advances to equity method investee | 0 |
| Acquisition of property, plant and equipment | 1,417 |
| Acquisition of intangible assets | 0 |
| Acquisition of net assets, net of cash acquired, through business combination | 0 |
| Proceeds from sale of investments | 0 |
| Cash withdrawn from trust as a result of business combination | 0 |
| Net cash (used in) provided by investing activities | -4,125 |
| Proceeds from issuance of equity, net of issuance costs | 12,654 |
| Proceeds from the issuance of equity to non-controlling interest, net of issuance costs | 71,377 |
| Proceeds from the issuance of related party convertible promissory notes and term convertible notes-Related Party | 4,350 |
| Proceeds from the issuance of related party convertible promissory notes and term convertible notes-Nonrelated Party | 14,950 |
| Proceeds from issuance of debt securities, net of issuance costs-Nonrelated Party | 40,500 |
| Payment of debts-Nonrelated Party | 4,617 |
| Distributions to stockholders | 76 |
| Proceeds from issuance of debt securities, net of issuance costs-Related Party | 0 |
| Payment of debts-Related Party | 0 |
| Cash flows provided by financing activities | 139,138 |
| Net increase in cash, cash equivalents and restricted cash | 54,330 |
| Cash, cash equivalents and restricted cash beginning of period | 11,119 |
| Cash, cash equivalents and restricted cash end of period | 65,449 |
Innventure, Inc. (INVLW)
Innventure, Inc. (INVLW)