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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets [Abstract]    
Cash, cash equivalents and restricted cash $ 60,449 $ 11,119
Restricted cash 5,000 0
Accounts receivable 1,094 283
Due from related party 11,840 4,536
Inventories 1,604 5,178
Prepaid expenses and other current assets 3,167 3,170
Total Current Assets 83,154 24,286
Investments 28,741 28,734
Property, plant and equipment, net 1,941 1,414
Intangible assets, net 160,537 182,153
Goodwill 323,463 667,936
Other assets 1,351 766
Total Assets 599,187 905,289
Liabilities and Stockholders' Deficit    
Accounts payable 2,551 3,248
Accrued employee benefits 11,343 9,273
Accrued expenses 7,386 2,478
Contract liabilities 947 0
Patent installment payable - current 700 1,225
Obligation to issue equity 119 4,158
Warrant liability 27,458 34,023
Income taxes payable 23 0
Other current liabilities 682 317
Total Current Liabilities 76,276 69,347
Notes payable, net of current portion 8,327 13,654
Earnout liability 3,890 14,752
Stock-based compensation liability 239 1,160
Patent installment payable, net of current 12,375 12,375
Deferred income taxes 13,848 27,353
Other liabilities 556 355
Total Liabilities 115,511 138,996
Commitments and Contingencies (Note 19)
Stockholders' Equity    
Common stock 7 4
Additional paid-in capital 577,070 502,865
Accumulated other comprehensive gain (loss) (1,260) 909
Accumulated deficit (371,603) (78,262)
Total Innventure, Inc., Stockholders’ Equity 204,214 425,516
Non-controlling interest 279,462 340,777
Total Stockholders' Equity 483,676 766,293
Total Liabilities and Stockholder’s Equity 599,187 905,289
Series B Preferred Stock    
Liabilities and Stockholders' Deficit    
Obligation to issue equity 200  
Stockholders' Equity    
Preferred stock 0 0
Series C Preferred Stock    
Liabilities and Stockholders' Deficit    
Obligation to issue equity 100  
Stockholders' Equity    
Preferred stock 0 0
Related party    
Liabilities and Stockholders' Deficit    
Notes payable - current 0 14,000
Convertible note - current 4,331 0
Nonrelated party    
Liabilities and Stockholders' Deficit    
Notes payable - current 12,846 625
Convertible note - current $ 7,890 $ 0