2023 Q3 Form 10-K Financial Statement

#000183437623000017 Filed on September 12, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $182.5M $176.9M $688.1M
YoY Change 6.58% 2.32% -1.51%
Cost Of Revenue $154.6M $148.4M $586.8M
YoY Change 3.21% -0.58% 4.18%
Gross Profit $27.88M $28.51M $101.3M
YoY Change 30.12% 20.63% -25.18%
Gross Profit Margin 15.28% 16.12% 14.72%
Selling, General & Admin $34.33M $35.12M $135.3M
YoY Change -0.77% 8.09% 7.48%
% of Gross Profit 123.13% 123.19% 133.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.269M $4.332M $15.42M
YoY Change 24.35% 24.16% 10.74%
% of Gross Profit 15.31% 15.2% 15.22%
Operating Expenses $34.33M $39.45M $135.3M
YoY Change -9.73% 9.64% 7.48%
Operating Profit -$10.72M -$10.94M -$49.40M
YoY Change -35.45% -11.38% 1021.08%
Interest Expense $661.0K -$291.0K -$1.522M
YoY Change -209.62% -51.17% -160.25%
% of Operating Profit
Other Income/Expense, Net -$18.00K -$256.0K -$1.398M
YoY Change -148.65% -583.02% -50.62%
Pretax Income -$10.70M -$11.49M -$50.79M
YoY Change -37.68% -10.87% 601.85%
Income Tax $200.0K $506.0K -$7.241M
% Of Pretax Income
Net Earnings -$10.30M -$11.18M -$40.67M
YoY Change -21.18% -12.05% 523.72%
Net Earnings / Revenue -5.65% -6.32% -5.91%
Basic Earnings Per Share -$0.08 -$0.30
Diluted Earnings Per Share -$0.08 -$0.08 -$0.30
COMMON SHARES
Basic Shares Outstanding 135.9M shares 135.6M shares 135.6M shares
Diluted Shares Outstanding 135.8M shares 135.6M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $223.6M $300.7M $173.5M
YoY Change 18.81% 63.05% -5.95%
Cash & Equivalents $88.40M $127.2M $127.2M
Short-Term Investments $135.2M $173.5M $46.21M
Other Short-Term Assets $16.40M $17.16M $17.16M
YoY Change 34.62% 23.83% 23.83%
Inventory
Prepaid Expenses $16.41M $17.15M
Receivables $44.19M $24.34M $24.34M
Other Receivables $200.0K $262.0K $262.0K
Total Short-Term Assets $196.1M $215.2M $215.2M
YoY Change -19.28% -10.68% -10.68%
LONG-TERM ASSETS
Property, Plant & Equipment $210.5M $213.4M $213.4M
YoY Change 3.15% 21.07% 21.07%
Goodwill $124.2M $124.2M
YoY Change -0.01%
Intangibles $5.033M $5.198M
YoY Change -11.27%
Long-Term Investments $848.0K $848.0K $5.493M
YoY Change -84.56% 0.0% 0.0%
Other Assets $4.200M $3.823M $3.823M
YoY Change 63.74% 35.95% 35.95%
Total Long-Term Assets $349.5M $352.1M $352.1M
YoY Change 2.18% 11.91% 11.91%
TOTAL ASSETS
Total Short-Term Assets $196.1M $215.2M $215.2M
Total Long-Term Assets $349.5M $352.1M $352.1M
Total Assets $545.6M $567.4M $567.4M
YoY Change -6.73% 2.12% 2.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.90M $54.94M $54.94M
YoY Change -7.78% 8.65% 8.65%
Accrued Expenses $3.600M $3.530M $3.530M
YoY Change 5.26%
Deferred Revenue $26.09M $28.12M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.795M $3.795M $8.517M
YoY Change -47.06% 0.05% 18.94%
Total Short-Term Liabilities $138.8M $148.5M $148.5M
YoY Change 5.63% 40.97% 40.97%
LONG-TERM LIABILITIES
Long-Term Debt $64.00M $64.84M $77.96M
YoY Change -15.96% -4.93% 0.4%
Other Long-Term Liabilities $1.141M $1.086M $19.91M
YoY Change -94.78% -4.23% 1656.08%
Total Long-Term Liabilities $65.14M $65.93M $97.87M
YoY Change -33.54% -4.92% 24.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $138.8M $148.5M $148.5M
Total Long-Term Liabilities $65.14M $65.93M $97.87M
Total Liabilities $240.5M $252.6M $271.1M
YoY Change -9.05% 25.12% 21.42%
SHAREHOLDERS EQUITY
Retained Earnings -$46.25M -$35.94M
YoY Change -860.08%
Common Stock $136.0K $136.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $287.2M $296.3M $296.3M
YoY Change
Total Liabilities & Shareholders Equity $545.6M $567.4M $567.4M
YoY Change -6.73% 2.12% 2.12%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income -$10.30M -$11.18M -$40.67M
YoY Change -21.18% -12.05% 523.72%
Depreciation, Depletion And Amortization $4.269M $4.332M $15.42M
YoY Change 24.35% 24.16% 10.74%
Cash From Operating Activities -$32.99M $13.15M $20.24M
YoY Change -351.28% 305.52% -25.88%
INVESTING ACTIVITIES
Capital Expenditures $2.571M $4.025M $23.35M
YoY Change -133.54% -124.16% -38.92%
Acquisitions
YoY Change
Other Investing Activities -$570.0K -$1.167M -$46.17M
YoY Change 2208.35%
Cash From Investing Activities -$3.141M -$5.192M -$69.52M
YoY Change -59.03% -68.84% 72.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $948.0K $3.793M
YoY Change 0.0% 0.08%
Cash From Financing Activities -$2.726M -2.416M -$7.896M
YoY Change 63.43% 46.6% 24.98%
NET CHANGE
Cash From Operating Activities -$32.99M 13.15M $20.24M
Cash From Investing Activities -$3.141M -5.192M -$69.52M
Cash From Financing Activities -$2.726M -2.416M -$7.896M
Net Change In Cash -$38.85M 5.543M -$57.18M
YoY Change -1124.31% -136.79% 196.98%
FREE CASH FLOW
Cash From Operating Activities -$32.99M $13.15M $20.24M
Capital Expenditures $2.571M $4.025M $23.35M
Free Cash Flow -$35.56M $9.126M -$3.118M
YoY Change -271.0% -54.15% -71.49%

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CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
0 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20236000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27302000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23354000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
38238000 usd
CY2023 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
46167000 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 usd
CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
2000000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-69521000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-40238000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4103000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2528000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3793000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3790000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7896000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6318000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-57181000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-19254000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
184446000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
203700000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127265000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
184446000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
3997000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1474000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
13000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
84000 usd
CY2023 innv Property And Equipment Included In Accounts Payable
PropertyAndEquipmentIncludedInAccountsPayable
882000 usd
CY2022 innv Property And Equipment Included In Accounts Payable
PropertyAndEquipmentIncludedInAccountsPayable
2135000 usd
CY2023 innv Property And Equipment Purchased Under Capital Leases
PropertyAndEquipmentPurchasedUnderCapitalLeases
9131000 usd
CY2022 innv Property And Equipment Purchased Under Capital Leases
PropertyAndEquipmentPurchasedUnderCapitalLeases
8067000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 innv Number Of Participants
NumberOfParticipants
6400 participant
CY2023 innv Number Of Centers Excluding Non Consolidating Joint Ventures
NumberOfCentersExcludingNonConsolidatingJointVentures
17 center
CY2023 innv Percentage Of Health Care Costs Incurred
PercentageOfHealthCareCostsIncurred
1
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates are used in accounting for, among other things, the allowance for uncollectible accounts; useful lives of property and equipment and the valuation of goodwill and intangible assets; risk-score adjustments to participant revenues; reported and estimated claims; accruals; the determination of assumptions for stock-based compensation costs; deferred taxes, including the determination of a need for a valuation allowance; legal contingencies, including medical malpractice claims; the determination of fair value of net assets acquired in a business combination; and other fair value measurements. Actual results may differ from previously estimated amounts.</span></div>
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2023Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
262865000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
233345000 usd
CY2023Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
70677000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
57085000 usd
CY2023Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
192188000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
176260000 usd
CY2023 us-gaap Depreciation
Depreciation
14800000 usd
CY2022 us-gaap Depreciation
Depreciation
13300000 usd
CY2023Q2 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
1000000 usd
CY2022Q2 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
900000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reporting_unit
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2023Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
5600000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
6700000 usd
CY2023 innv Percentage Of Pooled Capitated Payment Received
PercentageOfPooledCapitatedPaymentReceived
1
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4200000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3400000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
60052000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
56000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
60000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2021000 usd
CY2023Q2 innv Cost Method Investment
CostMethodInvestment
4645000 usd
CY2022Q2 innv Cost Method Investment
CostMethodInvestment
4645000 usd
CY2023Q2 us-gaap Equity Method Investments
EquityMethodInvestments
848000 usd
CY2022Q2 us-gaap Equity Method Investments
EquityMethodInvestments
848000 usd
CY2023Q2 us-gaap Long Term Investments
LongTermInvestments
5493000 usd
CY2022Q2 us-gaap Long Term Investments
LongTermInvestments
5493000 usd
CY2023Q2 innv Number Of Investments Accounted Under Cost Method
NumberOfInvestmentsAccountedUnderCostMethod
2 investment
CY2023 innv Equity Securities Increase Decrease From Observable Price Changes
EquitySecuritiesIncreaseDecreaseFromObservablePriceChanges
0 usd
CY2022 innv Equity Securities Increase Decrease From Observable Price Changes
EquitySecuritiesIncreaseDecreaseFromObservablePriceChanges
0 usd
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9000000 usd
CY2019Q1 us-gaap Land
Land
4200000 usd
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
12700000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
124200000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
124200000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reporting_unit
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6600000 usd
CY2023Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2000000 usd
CY2022Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2000000 usd
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
8600000 usd
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
8600000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3402000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2742000 usd
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5198000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5858000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
660000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
660000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
660000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
630000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2023Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
600000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21210000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
16378000 usd
CY2023Q2 innv Right Of Use Asset
RightOfUseAsset
37588000 usd
CY2023 us-gaap Lease Cost
LeaseCost
9167000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y10M24D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0660
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0780
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
68210000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3796000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4882000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
5970000 usd
CY2023Q2 innv Lease Liability Payments Due Year One
LeaseLiabilityPaymentsDueYearOne
10852000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4356000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
5270000 usd
CY2023Q2 innv Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
9626000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4283000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
4245000 usd
CY2023Q2 innv Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
8528000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3981000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3549000 usd
CY2023Q2 innv Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
7530000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3140000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1759000 usd
CY2023Q2 innv Lease Liability Payments Due Year Five
LeaseLiabilityPaymentsDueYearFive
4899000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7033000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q2 innv Lease Liability Payments Due After Year Five
LeaseLiabilityPaymentsDueAfterYearFive
7033000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
27675000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
20793000 usd
CY2023Q2 innv Lease Liability Payments Due
LeaseLiabilityPaymentsDue
48468000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5317000 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
2957000 usd
CY2023Q2 innv Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
8274000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
22358000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
17836000 usd
CY2023Q2 innv Lease Liability
LeaseLiability
40194000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3530000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4722000 usd
CY2023Q2 innv Lease Liability Current
LeaseLiabilityCurrent
8252000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
18828000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
13114000 usd
CY2023Q2 innv Lease Liability Noncurrent
LeaseLiabilityNoncurrent
31942000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3799000 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4873000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
4405000 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4581000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
3909000 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4122000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
3126000 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4061000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
2092000 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3764000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
1393000 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
10265000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
535000 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
31666000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
15460000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
2652000 usd
CY2022Q2 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
12808000 usd
CY2022Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
3368000 usd
CY2022Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
9440000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
69784000 usd
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
73577000 usd
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1145000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1574000 usd
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
3795000 usd
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
3793000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
64844000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
69784000 usd
CY2023Q2 innv Marketable Securities Amortized Cost
MarketableSecuritiesAmortizedCost
173419000 usd
CY2023Q2 us-gaap Marketable Securities
MarketableSecurities
173462000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
127249000 usd
CY2023Q2 innv Short Term Investments Fair Value Disclosure
ShortTermInvestmentsFairValueDisclosure
46213000 usd
CY2023Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
1200000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4993000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3739000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.143
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.100
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-10667000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1520000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
588000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
506000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4297000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2738000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
457000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
662000 usd
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
157000 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
389000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-605000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-302000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2678000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2354000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7241000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
723000 usd
CY2023 innv Number Of Officers Highest Compensation Paid
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