Financial Performance - The company reported revenue of $0.2 million for Q1 2025 and an Adjusted EBITDA loss of $21.8 million[58] - The company issued $20 million and $10 million convertible debentures on April 14, 2025, and May 15, 2025, respectively, for gross proceeds of $18 million and $9 million[57] - The company terminated approximately $18 million worth of Innventure and AeroFlexx debt in exchange for approximately 2.3 million Series C preferred shares, resulting in annual interest expense savings of approximately $3 million[58] - The company recognized a goodwill impairment charge of $233.213 million for the three months ended March 31, 2025[63, 67] Market and Technology - The worldwide data center CapEx is forecasted to be $455 billion in 2024[26] - The data center liquid cooling market is forecasted to be $1.3 billion in 2024, growing to $4.8 billion in 2028[26] - Air cooling accounts for 82% of the 2024 data center cooling technology market[26] Accelsius Solutions - Accelsius' two-phase direct-to-chip liquid cooling offers 6°C more headroom than one-phase direct-to-chip and 38% better thermal resistance[32] - Accelsius' partner ecosystem has grown by 194% since January 1, 2025[53]
Innventure, Inc.(INV) - 2025 Q1 - Earnings Call Presentation