10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001006837-22-000050 |
| Period End Date | 20220331 |
| Filing Date | 20220504 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | hchc-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
90 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, shares issued (in shares) |
CommonStockSharesIssued
|
79.82M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
79.23M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$26.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$45.50M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$54.20M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$43.80M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$274.40M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
78.43M | shares | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$247.10M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
77.84M | shares | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockShares
|
1.39M | 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
|
$140.60M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$17.00M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$19.50M | USD | Point-in-time |
| Restricted cash |
RestrictedCashCurrent
|
$2.00M | USD | Point-in-time |
| Restricted cash |
RestrictedCashCurrent
|
$2.00M | USD | Point-in-time |
| Assets held for sale |
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
$1.50M | USD | Point-in-time |
| Assets held for sale |
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
$1.50M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$12.20M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$10.90M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$442.60M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$476.60M | USD | Point-in-time |
| Investments |
Investments
|
$56.00M | USD | Point-in-time |
| Investments |
Investments
|
$60.20M | USD | Point-in-time |
| Deferred tax asset |
DeferredIncomeTaxAssetsNet
|
$3.10M | USD | Point-in-time |
| Deferred tax asset |
DeferredIncomeTaxAssetsNet
|
$3.00M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$165.80M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$169.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$127.50M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$127.40M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$208.40M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$204.20M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$74.80M | 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
|
$1.11B | USD | Point-in-time |
| Accounts payable |
AccountsPayableAndOtherAccruedLiabilities
|
$200.40M | USD | Point-in-time |
| Accounts payable |
AccountsPayableAndOtherAccruedLiabilities
|
$179.20M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$93.40M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$86.10M | USD | Point-in-time |
| Current portion of debt obligations |
LongTermDebtCurrent
|
$69.50M | USD | Point-in-time |
| Current portion of debt obligations |
LongTermDebtCurrent
|
$80.10M | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$79.10M | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$55.10M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$18.30M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$19.80M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$441.50M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$439.50M | USD | Point-in-time |
| Deferred tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$9.50M | USD | Point-in-time |
| Deferred tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$9.10M | USD | Point-in-time |
| Debt obligations |
DebtAndCapitalLeaseObligations
|
$556.80M | USD | Point-in-time |
| Debt obligations |
DebtAndCapitalLeaseObligations
|
$601.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$63.30M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$63.30M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.12B | 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
|
$18.80M | USD | Point-in-time |
| Preferred stock |
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
|
$18.50M | USD | Point-in-time |
| Redeemable noncontrolling interest |
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
|
$49.30M | USD | Point-in-time |
| Redeemable noncontrolling interest |
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
|
$47.70M | USD | Point-in-time |
| Total temporary equity |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$68.10M | USD | Point-in-time |
| Total temporary equity |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$66.20M | USD | Point-in-time |
| Common stock, $0.001 par value Shares authorized: 160,000,000 at March 31, 2022 and December 31, 2021, respectively Shares issued: 79,821,751 and 79,225,964 at March 31, 2022 and December 31, 2021, respectively Shares outstanding: 78,432,535 and 77,836,748 at March 31, 2022 and December 31, 2021, respectively |
CommonStockValue
|
$100.00K | USD | Point-in-time |
| Common stock, $0.001 par value Shares authorized: 160,000,000 at March 31, 2022 and December 31, 2021, respectively Shares issued: 79,821,751 and 79,225,964 at March 31, 2022 and December 31, 2021, respectively Shares outstanding: 78,432,535 and 77,836,748 at March 31, 2022 and December 31, 2021, respectively |
CommonStockValue
|
$100.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$330.60M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$330.80M | USD | Point-in-time |
| Treasury stock, at cost: 1,389,216 and 1,389,216 shares at March 31, 2022 and December 31, 2021, respectively |
TreasuryStockValue
|
$5.20M | USD | Point-in-time |
| Treasury stock, at cost: 1,389,216 and 1,389,216 shares at March 31, 2022 and December 31, 2021, respectively |
TreasuryStockValue
|
$5.20M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-416.20M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-428.60M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$7.00M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$6.40M | USD | Point-in-time |
| Total INNOVATE Corp. stockholders deficit |
StockholdersEquity
|
$-95.90M | USD | Point-in-time |
| Total INNOVATE Corp. stockholders deficit |
StockholdersEquity
|
$-84.30M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$28.10M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$26.60M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$600.20M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-69.30M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$413.50M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-56.20M | USD | Point-in-time |
| Total liabilities, temporary equity and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$1.11B | USD | Point-in-time |
| Total liabilities, temporary equity and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$1.08B | USD | Point-in-time |
Income Statement
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Gain on sale of subsidiary |
DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfSubsidiary
|
$40.40M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$412.80M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$171.80M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$141.30M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$363.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$49.80M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$30.50M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$37.10M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$42.60M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.90M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$6.90M | USD | 1 Quarter |
| Other operating (gain) loss |
OtherOperatingIncomeExpenseNet
|
$-400.00K | USD | 1 Quarter |
| Other operating (gain) loss |
OtherOperatingIncomeExpenseNet
|
$400.00K | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-10.90M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$700.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$12.60M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$21.40M | USD | 1 Quarter |
| Loss on early extinguishment or restructuring of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on early extinguishment or restructuring of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-10.80M | USD | 1 Quarter |
| Loss from equity investees |
IncomeLossFromEquityMethodInvestments
|
$-500.00K | USD | 1 Quarter |
| Loss from equity investees |
IncomeLossFromEquityMethodInvestments
|
$-2.10M | USD | 1 Quarter |
| Other (loss) income |
OtherNonoperatingIncomeExpense
|
$-100.00K | USD | 1 Quarter |
| Other (loss) income |
OtherNonoperatingIncomeExpense
|
$3.40M | USD | 1 Quarter |
| Loss from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-12.50M | USD | 1 Quarter |
| Loss from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-41.80M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$1.10M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$1.60M | USD | 1 Quarter |
| Loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-42.90M | USD | 1 Quarter |
| Loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-14.10M | USD | 1 Quarter |
| Income from discontinued operations (including gain on disposal of $40.4 million for the three months ended March 31, 2021) |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$51.90M | USD | 1 Quarter |
| Income from discontinued operations (including gain on disposal of $40.4 million for the three months ended March 31, 2021) |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
- | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$9.00M | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-14.10M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest and redeemable noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-3.60M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest and redeemable noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.70M | USD | 1 Quarter |
| Net (loss) income attributable to INNOVATE Corp. |
NetIncomeLoss
|
$-12.40M | USD | 1 Quarter |
| Net (loss) income attributable to INNOVATE Corp. |
NetIncomeLoss
|
$12.60M | USD | 1 Quarter |
| Less: Preferred dividends and deemed dividends from conversions |
PreferredStockDividendsAndOtherAdjustments
|
$1.20M | USD | 1 Quarter |
| Less: Preferred dividends and deemed dividends from conversions |
PreferredStockDividendsAndOtherAdjustments
|
$400.00K | USD | 1 Quarter |
| Net (loss) income attributable to common stock and participating preferred stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$12.20M | USD | 1 Quarter |
| Net (loss) income attributable to common stock and participating preferred stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-13.60M | USD | 1 Quarter |
| Basic (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.51 | USD | 1 Quarter |
| Basic (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.18 | USD | 1 Quarter |
| Diluted (in usd per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$-0.18 | USD | 1 Quarter |
| Diluted (in usd per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$-0.51 | USD | 1 Quarter |
| Basic (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
- | USD | 1 Quarter |
| Basic (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
$0.66 | USD | 1 Quarter |
| Diluted (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
- | USD | 1 Quarter |
| Diluted (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
$0.66 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-0.18 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$0.15 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.18 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$0.15 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
77.30M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
76.90M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
77.30M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
76.90M | shares | 1 Quarter |
Cash Flow Statement
94 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) income |
ProfitLoss
|
$9.00M | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-14.10M | USD | 1 Quarter |
| Less: Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$51.90M | USD | 1 Quarter |
| Less: Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
- | USD | 1 Quarter |
| Loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-42.90M | USD | 1 Quarter |
| Loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-14.10M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$800.00K | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$500.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$10.60M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.20M | USD | 1 Quarter |
| Amortization of deferred financing costs and debt discount |
AmortizationOfDeferredFinancingCosts
|
$1.20M | USD | 1 Quarter |
| Amortization of deferred financing costs and debt discount |
AmortizationOfDeferredFinancingCosts
|
$7.40M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-10.80M | USD | 1 Quarter |
| Loss from equity investees |
IncomeLossFromEquityMethodInvestments
|
$-500.00K | USD | 1 Quarter |
| Loss from equity investees |
IncomeLossFromEquityMethodInvestments
|
$-2.10M | USD | 1 Quarter |
| Asset impairment expense |
AssetImpairmentCharges
|
$2.10M | USD | 1 Quarter |
| Asset impairment expense |
AssetImpairmentCharges
|
$100.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$400.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$600.00K | USD | 1 Quarter |
| Other operating activities |
OtherNoncashIncomeExpense
|
$-200.00K | USD | 1 Quarter |
| Other operating activities |
OtherNoncashIncomeExpense
|
$2.60M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$25.80M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$800.00K | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInContractWithCustomerAsset
|
$22.00M | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInContractWithCustomerAsset
|
$8.60M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$1.30M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$1.20M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.00M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$900.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$20.20M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-1.30M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$1.90M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-7.20M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractWithCustomerLiability
|
$4.10M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractWithCustomerLiability
|
$-24.00M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-4.90M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-1.20M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-200.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$700.00K | USD | 1 Quarter |
| Cash used in continuing operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-63.40M | USD | 1 Quarter |
| Cash used in continuing operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-23.20M | USD | 1 Quarter |
| Cash provided by discontinued operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Cash provided by discontinued operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$20.70M | USD | 1 Quarter |
| Cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-63.40M | USD | 1 Quarter |
| Cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.50M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.60M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.20M | USD | 1 Quarter |
| Proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.80M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$4.50M | USD | 1 Quarter |
| Cash received from dispositions, net of cash disposed |
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
- | USD | 1 Quarter |
| Cash received from dispositions, net of cash disposed |
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
$71.20M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.60M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$100.00K | USD | 1 Quarter |
| Cash (used in) provided by continuing investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$66.40M | USD | 1 Quarter |
| Cash (used in) provided by continuing investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-7.40M | USD | 1 Quarter |
| Cash provided by discontinued investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$1.50M | USD | 1 Quarter |
| Cash provided by discontinued investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$67.90M | USD | 1 Quarter |
| Cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-7.40M | USD | 1 Quarter |
| Proceeds from debt obligations |
ProceedsFromIssuanceOfLongTermDebt
|
$59.80M | USD | 1 Quarter |
| Proceeds from debt obligations |
ProceedsFromIssuanceOfLongTermDebt
|
$317.40M | USD | 1 Quarter |
| Principal payments on debt obligations |
RepaymentsOfLongTermDebt
|
$6.20M | USD | 1 Quarter |
| Principal payments on debt obligations |
RepaymentsOfLongTermDebt
|
$356.50M | USD | 1 Quarter |
| Cash received by subsidiary to issue preferred stock |
ProceedsFromIssuanceOfPreferredStockSubsidiary
|
$10.00M | USD | 1 Quarter |
| Cash received by subsidiary to issue preferred stock |
ProceedsFromIssuanceOfPreferredStockSubsidiary
|
- | USD | 1 Quarter |
| Transactions with noncontrolling interests |
ProceedsFromPaymentsToMinorityShareholders
|
$-1.10M | USD | 1 Quarter |
| Transactions with noncontrolling interests |
ProceedsFromPaymentsToMinorityShareholders
|
- | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-2.40M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.40M | USD | 1 Quarter |
| Cash provided by (used in) continuing financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-31.60M | USD | 1 Quarter |
| Cash provided by (used in) continuing financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$51.20M | USD | 1 Quarter |
| Cash used in discontinued financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
$-4.30M | USD | 1 Quarter |
| Cash used in discontinued financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$51.20M | USD | 1 Quarter |
| Cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-35.90M | USD | 1 Quarter |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$500.00K | USD | 1 Quarter |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-300.00K | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents, including restricted cash and cash classified within assets held for sale |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsNetIncreaseDecreaseInCashAndCashEquivalentsIncludingCashClassifiedWithinAssetsHeldForSale
|
$-19.10M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents, including restricted cash and cash classified within assets held for sale |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsNetIncreaseDecreaseInCashAndCashEquivalentsIncludingCashClassifiedWithinAssetsHeldForSale
|
$29.20M | USD | 1 Quarter |
| Less: Net increase in cash and cash equivalents from discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
- | USD | 1 Quarter |
| Less: Net increase in cash and cash equivalents from discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$18.30M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$10.90M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-19.10M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.40M | 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, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$45.30M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$56.20M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.40M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end 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
|
$56.20M | USD | Point-in-time |
Stockholders Equity
31 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$600.20M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-69.30M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$413.50M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-56.20M | USD | Point-in-time |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$700.00K | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$800.00K | USD | 1 Quarter |
| Fair value adjustment of redeemable noncontrolling interest |
FairValueAdjustmentOfRedeemablePreferredStock
|
$200.00K | USD | 1 Quarter |
| Taxes paid in lieu of shares issued for share-based compensation |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.00M | USD | 1 Quarter |
| Preferred stock dividend |
DividendsPreferredStockStock
|
$2.10M | USD | 1 Quarter |
| Preferred stock dividend |
DividendsPreferredStockStock
|
$200.00K | USD | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$200.00K | USD | 1 Quarter |
| Transactions with noncontrolling interests |
MinorityInterestPeriodIncreaseDecrease
|
$100.00K | USD | 1 Quarter |
| Transactions with noncontrolling interests |
MinorityInterestPeriodIncreaseDecrease
|
$12.10M | USD | 1 Quarter |
| Other |
AdjustmentsToAdditionalPaidInCapitalOther
|
$-2.90M | USD | 1 Quarter |
| Other |
AdjustmentsToAdditionalPaidInCapitalOther
|
$100.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity
|
$-12.40M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity
|
$10.70M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest
|
$600.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest
|
$-181.90M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$600.20M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-69.30M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$413.50M | 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
|
$66.20M | USD | Point-in-time |
| Preferred stock dividend |
DividendsPreferredStockStock
|
$2.10M | USD | 1 Quarter |
| Preferred stock dividend |
DividendsPreferredStockStock
|
$200.00K | USD | 1 Quarter |
| Transactions with noncontrolling interests |
MinorityInterestPeriodIncreaseDecrease
|
$100.00K | USD | 1 Quarter |
| Transactions with noncontrolling interests |
MinorityInterestPeriodIncreaseDecrease
|
$12.10M | USD | 1 Quarter |
| Ending balance |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$68.10M | USD | Point-in-time |
| Ending balance |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$66.20M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) income |
ProfitLoss
|
$9.00M | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-14.10M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-800.00K | USD | 1 Quarter |
| Foreign currency translation adjustment, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$700.00K | USD | 1 Quarter |
| Unrealized loss on available-for-sale securities, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
- | USD | 1 Quarter |
| Unrealized loss on available-for-sale securities, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-181.20M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-182.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$700.00K | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-13.40M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-173.00M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$1.60M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.70M | USD | 1 Quarter |
| Comprehensive loss attributable to INNOVATE Corp. |
ComprehensiveIncomeNetOfTax
|
$-176.70M | USD | 1 Quarter |
| Comprehensive loss attributable to INNOVATE Corp. |
ComprehensiveIncomeNetOfTax
|
$-15.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.