10-K Filing

INNOVATE Corp. CIK: 1006837 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001006837-22-000015`
Period End Date	20211231
Filing Date	20220309
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	hchc-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 57 Cash Flow Statement 108 Stockholders Equity 37 Comprehensive Income 16

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.50M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	77.84M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	79.23M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.80M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	76.73M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	77.84M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$247.10M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$134.70M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.11M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.39M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$118.60M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$86.60M	USD	Point-in-time
Inventory	`InventoryNet`	$17.00M	USD	Point-in-time
Inventory	`InventoryNet`	$9.90M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.50M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$1.50M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$5.94B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.90M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$442.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.23B	USD	Point-in-time
Investments	`Investments`	$56.00M	USD	Point-in-time
Investments	`Investments`	$55.40M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$3.00M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$3.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$169.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$112.80M	USD	Point-in-time
Goodwill	`Goodwill`	$127.40M	USD	Point-in-time
Goodwill	`Goodwill`	$111.00M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$208.40M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$172.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$42.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$73.30M	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Total assets	`Assets`	$6.72B	USD	Point-in-time
Accounts payable	`AccountsPayableAndOtherAccruedLiabilities`	$179.20M	USD	Point-in-time
Accounts payable	`AccountsPayableAndOtherAccruedLiabilities`	$69.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$77.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$93.40M	USD	Point-in-time
Current portion of debt obligations	`LongTermDebtCurrent`	$69.50M	USD	Point-in-time
Current portion of debt obligations	`LongTermDebtCurrent`	$433.60M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$79.10M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$33.20M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$5.31B	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$12.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$439.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.93B	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$9.10M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.00M	USD	Point-in-time
Debt obligations	`DebtAndCapitalLeaseObligations`	$127.90M	USD	Point-in-time
Debt obligations	`DebtAndCapitalLeaseObligations`	$556.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$39.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$63.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.07B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$10.40M	USD	Point-in-time
Preferred stock	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$18.80M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCommonCarryingAmount`	$49.30M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCommonCarryingAmount`	$5.30M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$68.10M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$15.70M	USD	Point-in-time
Common stock, $0.001 par value shares authorized: 160,000,000 at December 31, 2021 and December 31, 2020, respectively shares issued: 79,225,964 and 77,836,586 at December 31, 2021 and December 31, 2020, respectively shares outstanding: 77,836,748 and 76,726,835 at December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value shares authorized: 160,000,000 at December 31, 2021 and December 31, 2020, respectively shares issued: 79,225,964 and 77,836,586 at December 31, 2021 and December 31, 2020, respectively shares outstanding: 77,836,748 and 76,726,835 at December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$330.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$355.70M	USD	Point-in-time
Treasury stock, at cost: 1,389,216 and 1,109,751 shares at December 31, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$4.20M	USD	Point-in-time
Treasury stock, at cost: 1,389,216 and 1,109,751 shares at December 31, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$5.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-416.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-188.70M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.40M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$396.90M	USD	Point-in-time
Total INNOVATE Corp. stockholders (deficit) equity	`StockholdersEquity`	$-84.30M	USD	Point-in-time
Total INNOVATE Corp. stockholders (deficit) equity	`StockholdersEquity`	$559.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$40.40M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$28.10M	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.20M	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-56.20M	USD	Point-in-time
Total liabilities, temporary equity and stockholders (deficit) equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time
Total liabilities, temporary equity and stockholders (deficit) equity	`LiabilitiesAndStockholdersEquity`	$6.72B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$716.90M	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.21B	USD	Annual
Loss on sale of subsidiary	`DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfSubsidiary`	$-44.10M	USD	Annual
Cost of revenue	`CostOfRevenue`	$1.02B	USD	Annual
Cost of revenue	`CostOfRevenue`	$588.50M	USD	Annual
Gross profit	`GrossProfit`	$128.40M	USD	Annual
Gross profit	`GrossProfit`	$183.70M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$168.30M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$145.50M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$25.40M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$17.70M	USD	Annual
Other operating loss (gain)	`OtherOperatingIncomeExpenseNet`	$-600.00K	USD	Annual
Other operating loss (gain)	`OtherOperatingIncomeExpenseNet`	$6.50M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-10.60M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-28.30M	USD	Annual
Interest expense	`InterestExpense`	$74.80M	USD	Annual
Interest expense	`InterestExpense`	$59.10M	USD	Annual
Loss on early extinguishment or restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.40M	USD	Annual
Loss on early extinguishment or restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.50M	USD	Annual
Loss from equity investees	`IncomeLossFromEquityMethodInvestments`	$-3.40M	USD	Annual
Loss from equity investees	`IncomeLossFromEquityMethodInvestments`	$-2.80M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$4.30M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$69.20M	USD	Annual
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-80.70M	USD	Annual
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-46.70M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$5.60M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$7.00M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-53.70M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-86.30M	USD	Annual
Loss from discontinued operations (including loss on sale of $159.9 million and $44.1 million for the years ended December 31, 2021 and 2020, respectively)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-149.90M	USD	Annual
Loss from discontinued operations (including loss on sale of $159.9 million and $44.1 million for the years ended December 31, 2021 and 2020, respectively)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-48.40M	USD	Annual
Net loss	`ProfitLoss`	$-102.10M	USD	Annual
Net loss	`ProfitLoss`	$-236.20M	USD	Annual
Net loss attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-8.70M	USD	Annual
Net loss attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.10M	USD	Annual
Net loss attributable to INNOVATE Corp.	`NetIncomeLoss`	$-92.00M	USD	Annual
Net loss attributable to INNOVATE Corp.	`NetIncomeLoss`	$-227.50M	USD	Annual
Less: Preferred dividends and deemed dividends from conversions	`PreferredStockDividendsAndOtherAdjustments`	$3.60M	USD	Annual
Less: Preferred dividends and deemed dividends from conversions	`PreferredStockDividendsAndOtherAdjustments`	$2.20M	USD	Annual
Net loss attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-95.60M	USD	Annual
Net loss attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-229.70M	USD	Annual
Basic (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-1.05	USD	Annual
Basic (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-1.25	USD	Annual
Diluted (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-1.25	USD	Annual
Diluted (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-1.05	USD	Annual
Basic (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-1.93	USD	Annual
Basic (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.63	USD	Annual
Diluted (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-1.93	USD	Annual
Diluted (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.63	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-2.98	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-1.88	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-1.88	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-2.98	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	77.10M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.30M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.30M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.10M	shares	Annual

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-102.10M	USD	Annual
Net loss	`ProfitLoss`	$-236.20M	USD	Annual
Less: Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-149.90M	USD	Annual
Less: Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-48.40M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-53.70M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-86.30M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$2.40M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$-389.60M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$237.20M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$2.90M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.80M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$37.60M	USD	Annual
Amortization of deferred financing costs and debt discount	`AmortizationOfDeferredFinancingCosts`	$15.10M	USD	Annual
Amortization of deferred financing costs and debt discount	`AmortizationOfDeferredFinancingCosts`	$10.50M	USD	Annual
Amortization of discount on investments, net	`AmortizationOfDebtDiscountPremium`	$-100.00K	USD	Annual
Amortization of discount on investments, net	`AmortizationOfDebtDiscountPremium`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.40M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.50M	USD	Annual
Loss from equity investees	`IncomeLossFromEquityMethodInvestments`	$-3.40M	USD	Annual
Loss from equity investees	`IncomeLossFromEquityMethodInvestments`	$-2.80M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$13.70M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$2.80M	USD	Annual
Net realized and unrealized gains on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	Annual
Net realized and unrealized gains on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$72.50M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.70M	USD	Annual
Other operating activities	`OtherNoncashIncomeExpense`	$10.30M	USD	Annual
Other operating activities	`OtherNoncashIncomeExpense`	$4.20M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$38.30M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-92.90M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$36.10M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$19.10M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-4.80M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$300.00K	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-10.60M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.90M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.80M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$57.90M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.50M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.70M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-17.50M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$7.20M	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-17.00M	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.20M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-10.90M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-23.30M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-6.50M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-55.20M	USD	Annual
Cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$33.50M	USD	Annual
Cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$96.30M	USD	Annual
Cash used in continuing operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.10M	USD	Annual
Cash used in continuing operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.00M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.10M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.80M	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$41.20M	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.20M	USD	Annual
Sale of investments	`ProceedsFromSaleOfInvestments`	-	USD	Annual
Sale of investments	`ProceedsFromSaleOfInvestments`	$600.00K	USD	Annual
Sale of equity method investments	`ProceedsFromSaleOfEquityMethodInvestments`	$85.50M	USD	Annual
Sale of equity method investments	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Cash received from dispositions, net of cash disposed	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$147.40M	USD	Annual
Cash received from dispositions, net of cash disposed	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$74.00M	USD	Annual
Extraordinary dividend received in business disposition	`ExtraordinaryDividendReceivedInBusinessDisposition`	$62.50M	USD	Annual
Extraordinary dividend received in business disposition	`ExtraordinaryDividendReceivedInBusinessDisposition`	-	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesGross`	-	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesGross`	$128.50M	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	Annual
Cash (used in) provided by continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$261.90M	USD	Annual
Cash (used in) provided by continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.90M	USD	Annual
Cash used in discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-221.30M	USD	Annual
Cash used in discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-99.80M	USD	Annual
Cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$162.10M	USD	Annual
Cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.20M	USD	Annual
Proceeds from (Repayments of) debt obligations	`ProceedsPaymentsFromDebtObligations`	$487.60M	USD	Annual
Proceeds from (Repayments of) debt obligations	`ProceedsPaymentsFromDebtObligations`	$-4.10M	USD	Annual
Principal payments on debt obligations	`RepaymentsOfLongTermDebt`	$458.10M	USD	Annual
Principal payments on debt obligations	`RepaymentsOfLongTermDebt`	$181.90M	USD	Annual
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$38.00M	USD	Annual
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Cash received by subsidiary to issue preferred stock	`ProceedsFromIssuanceOfPreferredStockSubsidiary`	$37.20M	USD	Annual
Cash received by subsidiary to issue preferred stock	`ProceedsFromIssuanceOfPreferredStockSubsidiary`	$10.50M	USD	Annual
Redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$10.40M	USD	Annual
Redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	Annual
Transactions with noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$-62.90M	USD	Annual
Transactions with noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$-13.50M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.20M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.80M	USD	Annual
Cash provided by (used in) continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-182.50M	USD	Annual
Cash provided by (used in) continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$11.90M	USD	Annual
Cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-22.00M	USD	Annual
Cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-7.60M	USD	Annual
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.30M	USD	Annual
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-204.50M	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10M	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.30M	USD	Annual
Net decrease in cash and cash equivalents, including restricted cash and cash classified within assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsNetIncreaseDecreaseInCashAndCashEquivalentsIncludingCashClassifiedWithinAssetsHeldForSale`	$-200.00K	USD	Annual
Net decrease in cash and cash equivalents, including restricted cash and cash classified within assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsNetIncreaseDecreaseInCashAndCashEquivalentsIncludingCashClassifiedWithinAssetsHeldForSale`	$-193.20M	USD	Annual
Less: Net decrease in cash and cash equivalents from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-20.80M	USD	Annual
Less: Net decrease in cash and cash equivalents from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-195.40M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.20M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$20.60M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.50M	USD	Point-in-time

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-56.20M	USD	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.30M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.40M	USD	Annual
Fair value adjustment of redeemable noncontrolling interest	`FairValueAdjustmentOfRedeemablePreferredStock`	$1.30M	USD	Annual
Fair value adjustment of redeemable noncontrolling interest	`FairValueAdjustmentOfRedeemablePreferredStock`	$-200.00K	USD	Annual
Preferred stock accretion	`PreferredStockAccretionOfRedemptionDiscount`	$2.00M	USD	Annual
Taxes paid in lieu of shares issued for share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$900.00K	USD	Annual
Taxes paid in lieu of shares issued for share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	Annual
Preferred stock dividend	`DividendsPreferredStockStock`	$2.20M	USD	Annual
Preferred stock dividend	`DividendsPreferredStockStock`	$800.00K	USD	Annual
Issuance of common stock (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	8.50M	shares	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$200.00K	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$200.00K	USD	Annual
Rights Offering	`RightsOffering`	$34.50M	USD	Annual
Series B Preferred Share Conversion	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$27.00M	USD	Annual
Purchase of preferred stock by subsidiary	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$300.00K	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$50.30M	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$34.90M	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$2.10M	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-1.70M	USD	Annual
Net loss	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity`	$-229.50M	USD	Annual
Net loss	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity`	$-97.40M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$-389.60M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$237.20M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-56.20M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$68.10M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$15.70M	USD	Point-in-time
Preferred stock accretion	`PreferredStockAccretionOfRedemptionDiscount`	$2.00M	USD	Annual
Redemption of Series A and A-2 Preferred Stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$27.00M	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$50.30M	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$34.90M	USD	Annual
Ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$68.10M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$15.70M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-102.10M	USD	Annual
Net loss	`ProfitLoss`	$-236.20M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.90M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.10M	USD	Annual
Unrealized (loss) gain on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-57.70M	USD	Annual
Unrealized (loss) gain on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$191.60M	USD	Annual
Dispositions	`OtherComprehensiveIncomeLossDisposalOfSubsidiaryNetOfTax`	$-334.00M	USD	Annual
Dispositions	`OtherComprehensiveIncomeLossDisposalOfSubsidiaryNetOfTax`	$30.30M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-389.60M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$229.80M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-625.80M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$127.70M	USD	Annual
Comprehensive (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.80M	USD	Annual
Comprehensive (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.20M	USD	Annual
Comprehensive (loss) income attributable to INNOVATE Corp.	`ComprehensiveIncomeNetOfTax`	$119.50M	USD	Annual
Comprehensive (loss) income attributable to INNOVATE Corp.	`ComprehensiveIncomeNetOfTax`	$-633.60M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.