XML 103 R87.htm IDEA: XBRL DOCUMENT v3.26.1
Stockholders' Equity (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jan. 12, 2026
USD ($)
shares
Dec. 29, 2025
USD ($)
$ / shares
shares
Oct. 03, 2025
$ / shares
shares
Oct. 02, 2025
USD ($)
shares
Mar. 24, 2025
USD ($)
shares
Mar. 19, 2025
USD ($)
shares
Feb. 03, 2025
shares
Nov. 15, 2024
USD ($)
$ / shares
shares
Oct. 22, 2024
Oct. 02, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Oct. 31, 2023
USD ($)
$ / shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Oct. 01, 2024
USD ($)
Dec. 31, 2025
USD ($)
day
$ / shares
shares
Class of Stock [Line Items]                              
Preferred stock, authorized (in shares)                   25,000,000     25,000,000   25,000,000
Preferred stock, par value (in usd per share) | $ / shares                   $ 0.0001     $ 0.0001   $ 0.0001
Obligation to issue equity | $                         $ 4,158   $ 119
Shares distributed for dividends (in shares)           21,808                  
Shares distributed for dividends | $           $ 200                  
Preferred stock, issued (in shares)                             33,144
Preferred stock, outstanding (in shares)                             33,144
Common stock, par value (in usd per share) | $ / shares                   $ 0.0001     $ 0.0001   $ 0.0001
Issuance of common shares for services | $                             $ 1,102
Stock issued for services (in usd per share) | $ / shares                     $ 36.49        
Stock issued for services (in shares)             85,471                
Financial advisory services, cash success fee | $                       $ 600      
Units issued to non-controlling interest | $                         $ 4,129 $ 13,921  
Warrants (in shares)                   18,645,997          
Advanced funds for future equity issuance | $                             $ 9,800
Series B-2 Warrants                              
Class of Stock [Line Items]                              
Warrants (in shares)       125,725                      
Series A Warrants                              
Class of Stock [Line Items]                              
Number of shares issuable for warrants (in shares)     1,625,235                        
Exercise price of warrant (in usd per share) | $ / shares     $ 8.00                        
August 2025 Notes | Convertible debt                              
Class of Stock [Line Items]                              
Number of shares (in shares)       251,452                      
Accelsius Holdings LLC                              
Class of Stock [Line Items]                              
Amount received from stock issuance | $   $ 10,000                          
Noncontrolling interest share issuance (in shares)   822,195   685,163                      
Units issued to non-controlling interest | $   $ 30,000   $ 25,000                      
Equity issuance, additional shares (in shares)   274,065                          
Innventure LLC                              
Class of Stock [Line Items]                              
Contingent consideration (in shares)                   5,000,000          
Sponsor                              
Class of Stock [Line Items]                              
Stock issued under Sponsor Support Agreement (in shares)                   5,000,000          
Issuance of common shares, net of issuance costs (in shares)                   2,775,172          
Stock issued, subject to forfeiture (in shares)                   1,880,000          
Stock subject to forfeiture (in shares)                             587,995
Stock not subject to forfeiture (in shares)                             1,292,005
Sponsor | Innventure LLC                              
Class of Stock [Line Items]                              
Contingent consideration (in shares)                   344,828          
Financial Advisor                              
Class of Stock [Line Items]                              
Issuance of common shares for services | $                     $ 400        
Stock issued for services (in usd per share) | $ / shares                     $ 10.87        
WTI Lender                              
Class of Stock [Line Items]                              
Right to sell common stock, stock price, daily volume weighted average price, period                 5 days            
Issuance of common shares for services | $               $ 500              
Stock issued for services (in usd per share) | $ / shares               $ 11.13              
Standby Equity Purchase Agreement                              
Class of Stock [Line Items]                              
Stock issuance (in shares)                         135,000   1,071,566
Amount received from stock issuance | $                         $ 1,700   $ 6,100
Right to sell common stock, maximum amount | $                       $ 75,000      
Common stock, par value (in usd per share) | $ / shares                       $ 0.0001      
Right to sell common stock, term                       3 years      
Right to sell common stock, commitment fee | $                       $ 400      
Right to sell common stock, advance amount | $                       $ 10,000      
Right to sell common stock, trading day period                       5 days      
Right to sell common stock, stock price, percent of daily volume weighted average price                       95.00%      
Right to sell common stock, stock price, daily volume weighted average price, period                       1 day      
Right to sell common stock, stock price, percent of lowest daily volume weighted average price                       97.00%      
Right to sell common stock, stock price, lowest daily volume weighted average price, period                       3 days      
Private Placement                              
Class of Stock [Line Items]                              
Stock issuance (in shares)     1,625,235                        
Stock issuance price (in usd per share) | $ / shares     $ 6.00                        
Private Placement | Subsequent event                              
Class of Stock [Line Items]                              
Stock issuance (in shares) 11,428,572                            
Amount received from stock issuance | $ $ 40,000                            
Common Stock                              
Class of Stock [Line Items]                              
Issuance of common shares from warrant exercises (in shares)                         259,309    
Issuance of common shares, net of issuance costs (in shares)                             1,699,228
Stock issued for services (in shares)                             119,971
Series B Preferred Stock                              
Class of Stock [Line Items]                              
Preferred stock, authorized (in shares)                   3,000,000,000     3,000,000   3,000,000
Preferred stock, par value (in usd per share) | $ / shares                         $ 0.0001   $ 0.0001
Stock issuance (in shares)                   1,102,000          
Stock issuance price (in usd per share) | $ / shares                   $ 10.00          
Amount received from stock issuance | $                   $ 11,000          
Preferred stock, mandatory conversion, term                             5 years
Preferred stock, conversion rate, numerator (in usd per share) | $ / shares                             $ 10.00
Preferred stock, conversion rate, denominator (in usd per share) | $ / shares                             12.50
Preferred stock, conversion rate, reset conversion price (in usd per share) | $ / shares                             5.00
Voting, number of votes, numerator for calculation (in usd per share) | $ / shares                             $ 10.00
Voting power limit percentage                             19.99%
Preferred stock dividend percentage                         8.00%   8.00%
Preferred stock, original issue price (in usd per share) | $ / shares                             $ 10.00
Obligation to issue equity | $                             $ 200
Conversion of convertible securities (in shares)                             (1,085,664)
Preferred stock, issued (in shares)                         1,102,000   33,144
Preferred stock, outstanding (in shares)                         1,102,000   33,144
Preferred stock, conversion rate, reset conversion price, volume weighted average price, number of consecutive trading days | day                             10
Series B Preferred Stock | Convertible debt                              
Class of Stock [Line Items]                              
Stock issuance price (in usd per share) | $ / shares   $ 36.49                          
Series B Preferred Stock | Common Stock                              
Class of Stock [Line Items]                              
Issuance of common shares from warrant exercises (in shares)                             2,164,673
Series C Preferred Stock                              
Class of Stock [Line Items]                              
Preferred stock, authorized (in shares)                         5,000,000   5,000,000
Preferred stock, par value (in usd per share) | $ / shares                       $ 0.0001 $ 0.0001   $ 0.0001
Stock issuance (in shares)         300,000                    
Preferred stock dividend percentage                             8.00%
Preferred stock, original issue price (in usd per share) | $ / shares                       $ 10.00      
Obligation to issue equity | $                             $ 100
Conversion of convertible securities (in shares)                             (2,735,848)
Preferred stock, issued (in shares)                         0   150,000
Preferred stock, outstanding (in shares)                         0   150,000
Series C preferred stock issued during period (in shares)         2,885,848                    
Series C preferred stock issued during period | $         $ 28,800                    
Financial advisory services, equity success fee | $                       $ 3,000      
Series C Preferred Stock | Common Stock                              
Class of Stock [Line Items]                              
Issuance of common shares from warrant exercises (in shares)                             5,471,696
Common Stock | Financial Advisor                              
Class of Stock [Line Items]                              
Stock issued for services (in shares)                     40,552        
Common Stock | WTI Lender                              
Class of Stock [Line Items]                              
Stock issued for services (in shares)               44,919              
Common Stock | Common Stock                              
Class of Stock [Line Items]                              
Issuance of common shares, net of issuance costs (in shares)                         160,000