2024 Q3 Form 10-Q Financial Statement

#000100683724000122 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $242.2M $313.1M
YoY Change -35.46% -15.1%
Cost Of Revenue $194.0M $247.5M
YoY Change -38.72% -21.73%
Gross Profit $48.20M $65.60M
YoY Change -17.89% 24.71%
Gross Profit Margin 19.9% 20.95%
Selling, General & Admin $37.40M $42.90M
YoY Change -14.61% 4.38%
% of Gross Profit 77.59% 65.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.100M $6.400M
YoY Change 0.0% 3.23%
% of Gross Profit 12.66% 9.76%
Operating Expenses $37.40M $42.90M
YoY Change -14.61% 4.38%
Operating Profit $5.900M $28.80M
YoY Change -44.86% 396.55%
Interest Expense -$21.20M -$17.60M
YoY Change -223.98% -207.98%
% of Operating Profit -359.32% -61.11%
Other Income/Expense, Net $2.200M $200.0K
YoY Change 450.0% -33.33%
Pretax Income -$13.10M $11.40M
YoY Change 74.67% -208.57%
Income Tax $3.100M -$2.500M
% Of Pretax Income -21.93%
Net Earnings -$15.00M $14.40M
YoY Change 114.29% -245.45%
Net Earnings / Revenue -6.19% 4.6%
Basic Earnings Per Share -$1.18 $0.11
Diluted Earnings Per Share -$1.18 $0.10
COMMON SHARES
Basic Shares Outstanding 130.5M shares 85.19M shares
Diluted Shares Outstanding 12.97M shares 144.3M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $51.00M $80.20M
YoY Change -8.44% 178.47%
Cash & Equivalents $51.00M $80.20M
Short-Term Investments
Other Short-Term Assets $16.00M $14.40M
YoY Change -2.44% 5.88%
Inventory $21.00M $20.90M
Prepaid Expenses $10.60M $8.000M
Receivables $190.8M $178.2M
Other Receivables $3.100M $2.600M
Total Short-Term Assets $399.9M $394.9M
YoY Change -27.62% -25.66%
LONG-TERM ASSETS
Property, Plant & Equipment $186.0M $192.1M
YoY Change -15.72% -13.59%
Goodwill $127.1M $127.0M
YoY Change 0.24% 0.0%
Intangibles $173.4M $175.1M
YoY Change -4.09% -4.11%
Long-Term Investments $1.800M $1.800M
YoY Change -25.0% -35.71%
Other Assets $60.40M $54.50M
YoY Change -10.12% -19.97%
Total Long-Term Assets $497.3M $504.0M
YoY Change -8.52% -8.08%
TOTAL ASSETS
Total Short-Term Assets $399.9M $394.9M
Total Long-Term Assets $497.3M $504.0M
Total Assets $897.2M $898.9M
YoY Change -18.15% -16.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $83.70M $90.40M
YoY Change -43.9% -52.09%
Accrued Expenses $93.30M $60.10M
YoY Change 40.51% -18.01%
Deferred Revenue $85.50M $72.80M
YoY Change -47.29% -37.94%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $189.2M $50.20M
YoY Change 16.22% -77.43%
Total Short-Term Liabilities $468.0M $289.3M
YoY Change -16.08% -53.26%
LONG-TERM LIABILITIES
Long-Term Debt $502.4M $638.3M
YoY Change -14.38% 22.84%
Other Long-Term Liabilities $47.80M $77.20M
YoY Change -36.1% 39.86%
Total Long-Term Liabilities $47.80M $77.20M
YoY Change -36.1% 39.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $468.0M $289.3M
Total Long-Term Liabilities $47.80M $77.20M
Total Liabilities $1.023B $1.009B
YoY Change -16.39% -15.73%
SHAREHOLDERS EQUITY
Retained Earnings -$505.3M -$490.3M
YoY Change 5.71% 4.1%
Common Stock $348.4M $348.4M
YoY Change 6.25% 6.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$163.1M -$149.0M
YoY Change
Total Liabilities & Shareholders Equity $897.2M $898.9M
YoY Change -18.15% -16.73%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$15.00M $14.40M
YoY Change 114.29% -245.45%
Depreciation, Depletion And Amortization $6.100M $6.400M
YoY Change 0.0% 3.23%
Cash From Operating Activities -$28.40M $21.50M
YoY Change -208.81% 32.72%
INVESTING ACTIVITIES
Capital Expenditures $3.100M $3.100M
YoY Change -45.61% -31.11%
Acquisitions
YoY Change
Other Investing Activities -$200.0K $5.700M
YoY Change -200.0%
Cash From Investing Activities -$3.300M $2.600M
YoY Change -40.0% -157.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.800M 17.50M
YoY Change -73.13% 2400.0%
NET CHANGE
Cash From Operating Activities -28.40M 21.50M
Cash From Investing Activities -3.300M 2.600M
Cash From Financing Activities 1.800M 17.50M
Net Change In Cash -29.90M 41.60M
YoY Change -209.52% 235.48%
FREE CASH FLOW
Cash From Operating Activities -$28.40M $21.50M
Capital Expenditures $3.100M $3.100M
Free Cash Flow -$31.50M $18.40M
YoY Change -254.41% 57.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001006837
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
686700000 usd
CY2024Q2 us-gaap Cost Of Revenue
CostOfRevenue
247500000 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
316200000 usd
CY2024Q2 us-gaap Gross Profit
GrossProfit
65600000 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
52600000 usd
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
42900000 usd
CY2024Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4400000 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5600000 usd
CY2024Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
10500000 usd
CY2023Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-100000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28800000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5800000 usd
CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1100000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-300000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11400000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10500000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
13900000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-11700000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-500000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1800000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
14400000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-9900000 usd
CY2024Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
300000 usd
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
600000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20700000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-20700000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89204850 shares
CY2024Q2 us-gaap Profit Loss
ProfitLoss
13900000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-11700000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
400000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-100000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-700000 usd
vate Other Comprehensive Income Loss Disposal Of Subsidiary Net Of Tax
OtherComprehensiveIncomeLossDisposalOfSubsidiaryNetOfTax
0 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
400000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-100000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-700000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
14300000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-11800000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-6900000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-500000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1800000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-3300000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14800000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10000000.0 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3600000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80200000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80800000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
178200000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
278400000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
20900000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
14400000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
14600000 usd
CY2024Q2 us-gaap Assets Current
AssetsCurrent
394900000 usd
CY2024Q2 us-gaap Investments
Investments
1800000 usd
CY2023Q4 us-gaap Investments
Investments
1800000 usd
CY2024Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1900000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
2000000.0 usd
CY2024Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
143700000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
154600000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
127000000.0 usd
CY2023Q4 us-gaap Goodwill
Goodwill
127100000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
175100000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
178900000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
54500000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
61300000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
153500000 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
15800000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
16100000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
289300000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
413800000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4300000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4100000 usd
CY2024Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
638300000 usd
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
679300000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
77200000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
82700000 usd
CY2024Q2 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
300000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
313100000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
368800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
628300000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
41100000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
200000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
300000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2500000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1200000 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77922241 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77806010 shares
us-gaap Profit Loss
ProfitLoss
-6200000 usd
CY2024Q2 vate Other Comprehensive Income Loss Disposal Of Subsidiary Net Of Tax
OtherComprehensiveIncomeLossDisposalOfSubsidiaryNetOfTax
0 usd
CY2023Q2 vate Other Comprehensive Income Loss Disposal Of Subsidiary Net Of Tax
OtherComprehensiveIncomeLossDisposalOfSubsidiaryNetOfTax
0 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
22400000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
517900000 usd
CY2024Q2 us-gaap Assets
Assets
898900000 usd
CY2024Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
90400000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
142900000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
60100000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
50200000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
30500000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
1009100000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1179900000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q2 vate Redeemable Noncontrolling Interest Equity Common Carrying Amount Net Of Adjustments
RedeemableNoncontrollingInterestEquityCommonCarryingAmountNetOfAdjustments
-200000 usd
CY2024Q2 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
15900000 usd
CY2023Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
15400000 usd
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
100000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
100000 usd
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
132017923 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
80722983 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
130529931 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
79234991 shares
CY2024Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
348300000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
328200000 usd
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1487992 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1487992 shares
CY2024Q2 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
5400000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
5400000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-490300000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-487300000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1700000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1100000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
-149000000.0 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-165500000 usd
CY2024Q2 us-gaap Minority Interest
MinorityInterest
22900000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
13800000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-126100000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-151700000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
898900000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1043600000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
400000 usd
CY2024Q2 vate Depreciation Depletion And Amortization Nonproduction Including Cost Of Revenue
DepreciationDepletionAndAmortizationNonproductionIncludingCostOfRevenue
8300000 usd
CY2023Q2 vate Depreciation Depletion And Amortization Nonproduction Including Cost Of Revenue
DepreciationDepletionAndAmortizationNonproductionIncludingCostOfRevenue
9700000 usd
vate Depreciation Depletion And Amortization Nonproduction Including Cost Of Revenue
DepreciationDepletionAndAmortizationNonproductionIncludingCostOfRevenue
16700000 usd
vate Depreciation Depletion And Amortization Nonproduction Including Cost Of Revenue
DepreciationDepletionAndAmortizationNonproductionIncludingCostOfRevenue
19900000 usd
CY2024Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3100000 usd
CY2023Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4500000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8700000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8200000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-300000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2300000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
200000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2023Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
CY2024Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
CY2024Q2 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2023Q4 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2024Q2 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#DebtAndCapitalLeaseObligations
CY2023Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#DebtAndCapitalLeaseObligations
CY2024Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
CY2024Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
16500000 usd
CY2023Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
16300000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14100000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14100000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3600000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3600000 usd
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77922241 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77806010 shares
CY2024Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
101200000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
118600000 usd
CY2024Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
3100000 usd
CY2023Q4 us-gaap Assets
Assets
1043600000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
70800000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
72800000 usd
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 vate Redeemable Noncontrolling Interest Equity Common Carrying Amount Net Of Adjustments
RedeemableNoncontrollingInterestEquityCommonCarryingAmountNetOfAdjustments
-1000000.0 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-173200000 usd
CY2024Q2 vate Stock Issued During Period Value Rights Offering
StockIssuedDuringPeriodValueRightsOffering
2400000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
31300000 usd
CY2024Q2 vate Stockholders Equity Effect Of Convertible Preferred Stock Investments
StockholdersEquityEffectOfConvertiblePreferredStockInvestments
-1100000 usd
CY2024Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
100000 usd
CY2024Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
0 usd
CY2024Q2 vate Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Temporary Equity
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity
14100000 usd
CY2024Q2 vate Other Comprehensive Income Loss Including Portion Attributableto Noncontrolling Interestand Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest
400000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-126100000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-151700000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
800000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
600000 usd
vate Stock Issued During Period Value Rights Offering
StockIssuedDuringPeriodValueRightsOffering
1900000 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
31300000 usd
vate Stockholders Equity Effect Of Convertible Preferred Stock Investments
StockholdersEquityEffectOfConvertiblePreferredStockInvestments
-1100000 usd
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
100000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
100000 usd
vate Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Temporary Equity
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity
-5800000 usd
vate Other Comprehensive Income Loss Including Portion Attributableto Noncontrolling Interestand Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest
-700000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-126100000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-118100000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
700000 usd
CY2023Q2 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
400000 usd
CY2023Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
0 usd
CY2023Q2 vate Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Temporary Equity
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity
-10000000.0 usd
CY2023Q2 vate Other Comprehensive Income Loss Including Portion Attributableto Noncontrolling Interestand Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest
-300000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-128100000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-90600000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1200000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
100000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
1300000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10700000 usd
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-100000 usd
vate Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Temporary Equity
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity
-16800000 usd
vate Other Comprehensive Income Loss Including Portion Attributableto Noncontrolling Interestand Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest
-9900000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-128100000 usd
us-gaap Profit Loss
ProfitLoss
-6200000 usd
us-gaap Profit Loss
ProfitLoss
-19700000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
800000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1200000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16700000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19900000 usd
vate Gain Loss On Lease Modification
GainLossOnLeaseModification
7700000 usd
vate Gain Loss On Lease Modification
GainLossOnLeaseModification
0 usd
vate Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
3700000 usd
vate Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
3300000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2200000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2300000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4300000 usd
vate Equity Method Investment Realized And Unrealized Gain Loss
EquityMethodInvestmentRealizedAndUnrealizedGainLoss
0 usd
vate Equity Method Investment Realized And Unrealized Gain Loss
EquityMethodInvestmentRealizedAndUnrealizedGainLoss
16000000.0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
200000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5400000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1100000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
600000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-102500000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
38300000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-17400000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
10200000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
300000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1900000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1500000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1800000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-5400000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-5600000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-52700000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-22400000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5800000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3400000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-80700000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
18700000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
800000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-3200000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-2900000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1500000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3900000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-60800000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8700000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8200000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9800000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
300000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2300000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
54200000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-500000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-400000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-700000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
46700000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
33200000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
20000000.0 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
75000000.0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
50000000.0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
77000000.0 usd
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
24800000 usd
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
3600000 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
22800000 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
14200000 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
7000000.0 usd
vate Payments To Noncontrolling Interest And Redeemable Noncontrolling Interests Sale Of Equity Method Investments
PaymentsToNoncontrollingInterestAndRedeemableNoncontrollingInterestsSaleOfEquityMethodInvestments
0 usd
vate Payments To Noncontrolling Interest And Redeemable Noncontrolling Interests Sale Of Equity Method Investments
PaymentsToNoncontrollingInterestAndRedeemableNoncontrollingInterestsSaleOfEquityMethodInvestments
15900000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
600000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1600000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-200000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4600000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-37300000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-600000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-52000000.0 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82300000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82200000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81700000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30200000 usd
us-gaap Nature Of Operations
NatureOfOperations
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">1. Organization and Business </span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">INNOVATE Corp. ("INNOVATE" and, together with its consolidated subsidiaries, the "Company", "we" and "our") is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. We seek to grow these businesses so that they can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. While the Company generally intends to acquire controlling equity interests in its operating subsidiaries, the Company may invest to a limited extent in a variety of non-controlling equity interest positions or debt instruments. The Company’s shares of common stock trade on the New York Stock Exchange ("NYSE") under the symbol "VATE".</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company currently has three reportable segments, plus our Other segment, based on management’s organization of the enterprise: Infrastructure, Life Sciences, Spectrum, and Other which includes businesses that do not meet the separately reportable segment thresholds.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">1.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:29.25pt">The Company's Infrastructure segment is comprised of DBM Global Inc. ("DBMG") and its wholly-owned subsidiaries. DBMG is a fully integrated industrial construction, structural steel and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services and also fabricates trusses and girders and specializes in the fabrication and erection of large-diameter water pipe and water storage tanks, as well as 3-D Building Information Modeling (“BIM”) and detailing. DBMG provides these services on commercial, industrial, and infrastructure construction projects such as high- and low-rise buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills and power plants. Through GrayWolf Industrial Inc. ("GrayWolf"), DBMG provides integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation and facility services including maintenance, repair, and installation to a diverse range of end markets. Through Aitken Manufacturing, Inc., DBMG manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators and a variety of customized products. Through Banker Steel, a division of Schuff Steel Company, DBMG provides full-service fabricated structural steel and erection services primarily for the U.S. East Coast and Southeast commercial and industrial construction markets, in addition to full design-assist services. The Company maintains a 91.2% controlling interest in DBMG.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">2.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:29.25pt">The Company's Life Sciences segment is comprised of Pansend Life Sciences, LLC ("Pansend"), its subsidiaries and its equity investments. Pansend maintains controlling interests of 80.0% in Genovel Orthopedics, Inc. ("Genovel"), which seeks to develop products to treat early osteoarthritis of the knee and 81.4% in R2 Technologies, Inc. ("R2 Technologies") (56.6% as of December 31, 2023), which develops aesthetic and medical technologies for the skin. Pansend also invests in other early stage or developmental stage healthcare companies and, as of June 30, 2024, had a 46.0% interest in MediBeacon Inc. ("MediBeacon"), a medical technology company specializing in the advances of fluorescent tracer agents and transdermal measurement, potentially enabling real-time, direct monitoring of kidney function, a 1.9% fully diluted interest in Triple Ring Technologies, Inc. ("Triple Ring"), a science and technology co-development company, and a 20.1% interest in Scaled Cell Solutions, Inc. ("Scaled Cell"), an immunotherapy company developing a novel autologous cell therapy system to potentially improve current CAR-T treatments.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">3.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:29.25pt">The Company's Spectrum segment is comprised of HC2 Broadcasting Holdings Inc. ("Broadcasting") and its subsidiaries. Broadcasting strategically acquired and operates over-the-air broadcasting stations across the United States. The Company maintains a 98.0% controlling interest in Broadcasting and maintains a controlling interest of approximately 69.2%, inclusive of 2.8% proxy rights from minority holders of DTV America Corporation ("DTV"). On a fully diluted basis, the Company would have an 85.8% controlling interest in Broadcasting.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">4.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:29.25pt">The Company's Other segment represents all other businesses or investments that do not meet the definition of a segment individually or in the aggregate. Included in the Other segment is TIC Holdco, Inc. ("TIC"), and the former Marine Services segment, which includes its holding company, Global Marine Holdings, LLC ("GMH"), in which the Company maintains a 72.8% controlling interest. GMH's prior period results included its subsidiary's prior 19.0% equity method investment in HMN International Co., Ltd., formerly known as Huawei Marine Networks Co. (“HMN”), until it was sold on March 6, 2023. Refer to Note 6. Investments for additional information.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
35000000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:115%">Use of Estimates and Assumptions</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of the Company’s unaudited Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and assumptions used.</span></div>
CY2024Q2 us-gaap Revenues
Revenues
313100000 usd
CY2023Q2 us-gaap Revenues
Revenues
368800000 usd
us-gaap Revenues
Revenues
628300000 usd
us-gaap Revenues
Revenues
686700000 usd
CY2024Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
173200000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
273200000 usd
CY2023Q1 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Current
ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent
250400000 usd
CY2024Q2 vate Costs Incurred On Contracts In Progress
CostsIncurredOnContractsInProgress
3000500000 usd
CY2023Q4 vate Costs Incurred On Contracts In Progress
CostsIncurredOnContractsInProgress
2811800000 usd
CY2024Q2 vate Estimated Earnings On Contracts
EstimatedEarningsOnContracts
638800000 usd
CY2023Q4 vate Estimated Earnings On Contracts
EstimatedEarningsOnContracts
510100000 usd
CY2024Q2 vate Cost Earned On Uncompleted Contracts Gross
CostEarnedOnUncompletedContractsGross
3639300000 usd
CY2023Q4 vate Cost Earned On Uncompleted Contracts Gross
CostEarnedOnUncompletedContractsGross
3321900000 usd
CY2024Q2 vate Progress Billing On Contract
ProgressBillingOnContract
3610900000 usd
CY2023Q4 vate Progress Billing On Contract
ProgressBillingOnContract
3356800000 usd
CY2024Q2 vate Cost Earned On Uncompleted Contracts Net
CostEarnedOnUncompletedContractsNet
28400000 usd
CY2023Q4 vate Cost Earned On Uncompleted Contracts Net
CostEarnedOnUncompletedContractsNet
-34900000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
101200000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
118600000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
72800000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
153500000 usd
CY2024Q2 vate Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
28400000 usd
CY2023Q4 vate Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
-34900000 usd
CY2024Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
171000000.0 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
271700000 usd
CY2024Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
2300000 usd
CY2023Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1900000 usd
CY2024Q2 us-gaap Other Receivables
OtherReceivables
5000000.0 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
5200000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
100000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
400000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
178200000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
278400000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
254900000 usd
CY2024Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
19700000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
21000000.0 usd
CY2024Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
400000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
600000 usd
CY2024Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
800000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
800000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
20900000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
22400000 usd
CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1100000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-300000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2300000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4300000 usd
CY2024Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
291000000.0 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
292300000 usd
CY2024Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
147300000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
137700000 usd
CY2024Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
143700000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
154600000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
6400000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
6200000 usd
CY2024Q2 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
3900000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
4100000 usd
us-gaap Depreciation
Depreciation
12900000 usd
us-gaap Depreciation
Depreciation
12500000 usd
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
7900000 usd
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
8000000.0 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
700000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2300000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
3100000 usd
CY2023Q4 vate Disposal Group Including Discontinued Operation Number Of Buildings Held For Sale
DisposalGroupIncludingDiscontinuedOperationNumberOfBuildingsHeldForSale
2 building
CY2023Q4 us-gaap Goodwill
Goodwill
127100000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-100000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
127000000.0 usd
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
106300000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
106300000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
129300000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
60500000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
68800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
129300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
56700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
72600000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1900000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3400000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3800000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7400000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
48400000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
58000000.0 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
700000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2300000 usd
CY2024Q2 vate Lease Right Of Use Asset
LeaseRightOfUseAsset
49100000 usd
CY2023Q4 vate Lease Right Of Use Asset
LeaseRightOfUseAsset
60300000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12300000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13500000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
39000000.0 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
48600000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
800000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2400000 usd
CY2024Q2 vate Lease Liability
LeaseLiability
52100000 usd
CY2023Q4 vate Lease Liability
LeaseLiability
64500000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
100000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
100000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 usd
CY2024Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 usd
CY2024Q2 vate Finance Lease Cost
FinanceLeaseCost
100000 usd
CY2023Q2 vate Finance Lease Cost
FinanceLeaseCost
200000 usd
vate Finance Lease Cost
FinanceLeaseCost
200000 usd
vate Finance Lease Cost
FinanceLeaseCost
300000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4400000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
5700000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
8900000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
11600000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
300000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
300000 usd
CY2024Q2 us-gaap Sublease Income
SubleaseIncome
200000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
200000 usd
us-gaap Sublease Income
SubleaseIncome
400000 usd
us-gaap Sublease Income
SubleaseIncome
400000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
4500000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
5900000 usd
us-gaap Lease Cost
LeaseCost
9000000.0 usd
us-gaap Lease Cost
LeaseCost
11800000 usd
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4800000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
5700000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
9800000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
12000000.0 usd
CY2024Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 usd
CY2023Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 usd
CY2024Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
100000 usd
CY2023Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
100000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3600000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
600000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6200000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4500000 usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
600000 usd
CY2024Q2 vate Operating Lease Modification Incentive
OperatingLeaseModificationIncentive
4000000 usd
vate Operating Lease Modification Incentive
OperatingLeaseModificationIncentive
4000000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y7M6D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.059
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.056
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.068
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7900000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
200000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12900000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
300000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9300000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
200000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6600000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
200000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4800000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2024Q2 vate Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
21500000 usd
CY2024Q2 vate Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
63000000.0 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
900000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11700000 usd
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
100000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
51300000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
800000 usd
CY2024Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8000000.0 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11200000 usd
CY2024Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2900000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2100000 usd
CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
900000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
900000 usd
CY2024Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
2600000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
400000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
14400000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
14600000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
48400000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
58000000.0 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
600000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
600000 usd
CY2024Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
5500000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2700000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
54500000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
61300000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
12400000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
14300000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
29900000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
29200000 usd
CY2024Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
16700000 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
17100000 usd
CY2024Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
200000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
9800000 usd
CY2024Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
900000 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
400000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
60100000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
70800000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12300000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13500000 usd
CY2024Q2 vate Other Liabilities Current Other
OtherLiabilitiesCurrentOther
3500000 usd
CY2023Q4 vate Other Liabilities Current Other
OtherLiabilitiesCurrentOther
2600000 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
15800000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
16100000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
39000000.0 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
48600000 usd
CY2024Q2 vate Interest Payable And Exit Fees Noncurrent
InterestPayableAndExitFeesNoncurrent
35500000 usd
CY2023Q4 vate Interest Payable And Exit Fees Noncurrent
InterestPayableAndExitFeesNoncurrent
30800000 usd
CY2024Q2 vate Other Liabilities Noncurrent Other
OtherLiabilitiesNoncurrentOther
2700000 usd
CY2023Q4 vate Other Liabilities Noncurrent Other
OtherLiabilitiesNoncurrentOther
3300000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
77200000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
82700000 usd
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
698000000.0 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
722800000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
9500000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
13000000.0 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
50200000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
30500000 usd
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
638300000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
679300000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
200000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
52900000 usd
CY2024Q2 vate Long Term Debt And Lease Obligations Maturities Repayments Of Principal Remainder Of Year
LongTermDebtAndLeaseObligationsMaturitiesRepaymentsOfPrincipalRemainderOfYear
53100000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
300000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
241600000 usd
CY2024Q2 vate Long Term Debt And Lease Obligations Maturities Repayments Of Principal In Year One
LongTermDebtAndLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearOne
241900000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
200000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
511500000 usd
CY2024Q2 vate Long Term Debt And Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
511700000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
200000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2024Q2 vate Long Term Debt And Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
200000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
900000 usd
CY2024Q2 vate Debt Including Interest Payable
DebtIncludingInterestPayable
806000000.0 usd
CY2024Q2 vate Long Term Debt And Lease Obligation Including Current Maturities And Interest
LongTermDebtAndLeaseObligationIncludingCurrentMaturitiesAndInterest
806900000 usd
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
100000 usd
CY2024Q2 vate Long Term Debt Maturities Interest Included In Payments
LongTermDebtMaturitiesInterestIncludedInPayments
108800000 usd
CY2024Q2 vate Long Term Debt And Lease Obligations Maturities Interest Included In Payments
LongTermDebtAndLeaseObligationsMaturitiesInterestIncludedInPayments
108900000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
800000 usd
CY2024Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
697200000 usd
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
698000000.0 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2500000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1200000 usd
vate Income Tax Expense Benefit Interim Tax
IncomeTaxExpenseBenefitInterimTax
1100000 usd
CY2023Q2 vate Income Tax Expense Benefit Interim Tax
IncomeTaxExpenseBenefitInterimTax
1100000 usd
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
58700000 usd
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
58700000 usd
CY2024Q1 vate Number Of Causes Of Action Against Hc2 And Innovate
NumberOfCausesOfActionAgainstHC2AndInnovate
1 causeofaction
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
400000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
700000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
800000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4995150 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.02
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
352339 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
3.12
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4642811 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.17
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
4465491 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
5.20
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
177320 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.32
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y1M6D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0 shares
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
0 usd
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
35000000 usd
vate Preferred Stock Consent Rights Percentage
PreferredStockConsentRightsPercentage
0.049
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2024Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
100000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
0 usd
vate Number Of Geographic Reportable Segments
NumberOfGeographicReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
313100000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
368800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
628300000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
686700000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28800000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5800000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
31600000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1800000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28800000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5800000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
31600000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1800000 usd
CY2024Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
16500000 usd
CY2023Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
16300000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
33700000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
31900000 usd
CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1100000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4300000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
300000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000.0 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16800000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11400000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10500000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5400000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17600000 usd
CY2024Q2 us-gaap Investments
Investments
1800000 usd
CY2023Q4 us-gaap Investments
Investments
1800000 usd
CY2024Q2 us-gaap Assets
Assets
898900000 usd
CY2023Q4 us-gaap Assets
Assets
1043600000 usd
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2024Q2 us-gaap Profit Loss
ProfitLoss
13900000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-11700000 usd
us-gaap Profit Loss
ProfitLoss
-6200000 usd
us-gaap Profit Loss
ProfitLoss
-19700000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-500000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1800000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3200000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-800000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
14400000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-9900000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
-18900000 usd
CY2024Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
300000 usd
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
600000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
600000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
1800000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14100000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14100000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10500000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-10500000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3600000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3600000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-20700000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20700000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89204850 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77922241 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83929228 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77806010 shares
CY2024Q2 vate Incremental Common Shares Attributableto Dilutive Effectof Conversionof Restricted Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofRestrictedStock
1122921 shares
CY2023Q2 vate Incremental Common Shares Attributableto Dilutive Effectof Conversionof Restricted Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofRestrictedStock
0 shares
vate Incremental Common Shares Attributableto Dilutive Effectof Conversionof Restricted Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofRestrictedStock
0 shares
vate Incremental Common Shares Attributableto Dilutive Effectof Conversionof Restricted Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofRestrictedStock
0 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
36530623 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
19050241 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2024Q2 vate Participating Securities Including Common Stock Shares
ParticipatingSecuritiesIncludingCommonStockShares
126858394 shares
CY2023Q2 vate Participating Securities Including Common Stock Shares
ParticipatingSecuritiesIncludingCommonStockShares
77922241 shares
vate Participating Securities Including Common Stock Shares
ParticipatingSecuritiesIncludingCommonStockShares
102979469 shares
vate Participating Securities Including Common Stock Shares
ParticipatingSecuritiesIncludingCommonStockShares
77806010 shares
CY2024Q2 vate Percentageof Loss Allocatedto Common Stock
PercentageofLossAllocatedtoCommonStock
0.703
CY2023Q2 vate Percentageof Loss Allocatedto Common Stock
PercentageofLossAllocatedtoCommonStock
1.000
vate Percentageof Loss Allocatedto Common Stock
PercentageofLossAllocatedtoCommonStock
0.815
vate Percentageof Loss Allocatedto Common Stock
PercentageofLossAllocatedtoCommonStock
1.000
CY2024Q2 vate Percentageof Loss Allocatedto Unvested Restricted Stock
PercentageofLossAllocatedtoUnvestedRestrictedStock
0.009
CY2023Q2 vate Percentageof Loss Allocatedto Unvested Restricted Stock
PercentageofLossAllocatedtoUnvestedRestrictedStock
0
vate Percentageof Loss Allocatedto Unvested Restricted Stock
PercentageofLossAllocatedtoUnvestedRestrictedStock
0
vate Percentageof Loss Allocatedto Unvested Restricted Stock
PercentageofLossAllocatedtoUnvestedRestrictedStock
0
CY2024Q2 vate Percentageof Loss Allocatedto Preferred Stock
PercentageofLossAllocatedtoPreferredStock
0.288
CY2023Q2 vate Percentageof Loss Allocatedto Preferred Stock
PercentageofLossAllocatedtoPreferredStock
0
vate Percentageof Loss Allocatedto Preferred Stock
PercentageofLossAllocatedtoPreferredStock
0.185
vate Percentageof Loss Allocatedto Preferred Stock
PercentageofLossAllocatedtoPreferredStock
0
CY2024Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
9900000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-10500000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-2900000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-20700000 usd
CY2024Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
4900000 usd
CY2023Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
CY2024Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
14800000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
-10500000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
-2900000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
-20700000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89204850 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77922241 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83929228 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77806010 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
55052702 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
144257552 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77922241 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83929228 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77806010 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.27
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80800000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80400000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
900000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
300000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
600000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1500000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82300000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82200000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80200000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28800000 usd
CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
900000 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
600000 usd
CY2023Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1400000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81700000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30200000 usd
us-gaap Interest Paid Net
InterestPaidNet
22700000 usd
us-gaap Interest Paid Net
InterestPaidNet
23700000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
600000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6000000.0 usd
vate Debt Issuance In Connection With Preferred Stock Purchase And Dividend Payments
DebtIssuanceInConnectionWithPreferredStockPurchaseAndDividendPayments
0 usd
vate Debt Issuance In Connection With Preferred Stock Purchase And Dividend Payments
DebtIssuanceInConnectionWithPreferredStockPurchaseAndDividendPayments
35100000 usd
vate Fees And Interest Capitalized
FeesAndInterestCapitalized
4300000 usd
vate Fees And Interest Capitalized
FeesAndInterestCapitalized
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1200000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1500000 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001006837-24-000122-index-headers.html Edgar Link pending
0001006837-24-000122-index.html Edgar Link pending
0001006837-24-000122.txt Edgar Link pending
0001006837-24-000122-xbrl.zip Edgar Link pending
exh106exhathirdamendment001.jpg Edgar Link pending
exh106exhathirdamendment002.jpg Edgar Link pending
exh106exhathirdamendment003.jpg Edgar Link pending
exh106exhathirdamendment004.jpg Edgar Link pending
exh106exhathirdamendment005.jpg Edgar Link pending
exh106exhathirdamendment006.jpg Edgar Link pending
exh106exhathirdamendment007.jpg Edgar Link pending
exh106exhathirdamendment008.jpg Edgar Link pending
exh106exhathirdamendment009.jpg Edgar Link pending
exh106exhathirdamendment010.jpg Edgar Link pending
exh106exhathirdamendment011.jpg Edgar Link pending
exh106exhathirdamendment012.jpg Edgar Link pending
exh106exhathirdamendment013.jpg Edgar Link pending
exh106exhathirdamendment014.jpg Edgar Link pending
exh106exhathirdamendment015.jpg Edgar Link pending
exh106exhathirdamendment016.jpg Edgar Link pending
exh106exhathirdamendment017.jpg Edgar Link pending
exh106exhathirdamendment018.jpg Edgar Link pending
exh106exhathirdamendment019.jpg Edgar Link pending
exh106exhathirdamendment020.jpg Edgar Link pending
exh106exhathirdamendment021.jpg Edgar Link pending
exh106exhathirdamendment022.jpg Edgar Link pending
exh106exhathirdamendment023.jpg Edgar Link pending
exh106exhathirdamendment024.jpg Edgar Link pending
exh106exhathirdamendment025.jpg Edgar Link pending
exh106exhathirdamendment026.jpg Edgar Link pending
exh106exhathirdamendment027.jpg Edgar Link pending
exh106exhathirdamendment028.jpg Edgar Link pending
exh106exhathirdamendment029.jpg Edgar Link pending
exh106exhathirdamendment030.jpg Edgar Link pending
exh106exhathirdamendment031.jpg Edgar Link pending
exh106exhathirdamendment032.jpg Edgar Link pending
exh106exhathirdamendment033.jpg Edgar Link pending
exh106exhathirdamendment034.jpg Edgar Link pending
exh106exhathirdamendment035.jpg Edgar Link pending
exh106exhathirdamendment036.jpg Edgar Link pending
exh106exhathirdamendment037.jpg Edgar Link pending
exh106exhathirdamendment038.jpg Edgar Link pending
exh106exhathirdamendment039.jpg Edgar Link pending
exh106exhathirdamendment040.jpg Edgar Link pending
exh106exhathirdamendment041.jpg Edgar Link pending
exh106exhathirdamendment042.jpg Edgar Link pending
exh106exhathirdamendment043.jpg Edgar Link pending
exh106exhathirdamendment044.jpg Edgar Link pending
exh106exhathirdamendment045.jpg Edgar Link pending
exh106exhathirdamendment046.jpg Edgar Link pending
exh106exhathirdamendment047.jpg Edgar Link pending
exh106exhathirdamendment048.jpg Edgar Link pending
exh106exhathirdamendment049.jpg Edgar Link pending
exh106exhathirdamendment050.jpg Edgar Link pending
exh106exhathirdamendment051.jpg Edgar Link pending
exh106exhathirdamendment052.jpg Edgar Link pending
exh106exhathirdamendment053.jpg Edgar Link pending
exh106exhathirdamendment054.jpg Edgar Link pending
exh106exhathirdamendment055.jpg Edgar Link pending
exh106exhathirdamendment056.jpg Edgar Link pending
exh106exhathirdamendment057.jpg Edgar Link pending
exh106exhathirdamendment058.jpg Edgar Link pending
exh106exhathirdamendment059.jpg Edgar Link pending
exh106exhathirdamendment060.jpg Edgar Link pending
exh106exhathirdamendment061.jpg Edgar Link pending
exh106exhathirdamendment062.jpg Edgar Link pending
exh106exhathirdamendment063.jpg Edgar Link pending
exh106exhathirdamendment064.jpg Edgar Link pending
exh106exhathirdamendment065.jpg Edgar Link pending
exh106exhathirdamendment066.jpg Edgar Link pending
exh106exhathirdamendment067.jpg Edgar Link pending
exh106exhathirdamendment068.jpg Edgar Link pending
exh106exhathirdamendment069.jpg Edgar Link pending
exh106exhathirdamendment070.jpg Edgar Link pending
exh106exhathirdamendment071.jpg Edgar Link pending
exh106exhathirdamendment072.jpg Edgar Link pending
exh106exhathirdamendment073.jpg Edgar Link pending
exh106exhathirdamendment074.jpg Edgar Link pending
exh106exhathirdamendment075.jpg Edgar Link pending
exh106exhathirdamendment076.jpg Edgar Link pending
exh106exhathirdamendment077.jpg Edgar Link pending
exh106exhathirdamendment078.jpg Edgar Link pending
exh106exhathirdamendment079.jpg Edgar Link pending
exh106exhathirdamendment080.jpg Edgar Link pending
exh106exhathirdamendment081.jpg Edgar Link pending
exh106exhathirdamendment082.jpg Edgar Link pending
exh106exhathirdamendment083.jpg Edgar Link pending
exh106exhathirdamendment084.jpg Edgar Link pending
exh106exhathirdamendment085.jpg Edgar Link pending
exh106exhathirdamendment086.jpg Edgar Link pending
exh106exhathirdamendment087.jpg Edgar Link pending
exh106exhathirdamendment088.jpg Edgar Link pending
exh106exhathirdamendment089.jpg Edgar Link pending
exh106exhathirdamendment090.jpg Edgar Link pending
exh106exhathirdamendment091.jpg Edgar Link pending
exh106exhathirdamendment092.jpg Edgar Link pending
exh106exhathirdamendment093.jpg Edgar Link pending
exh106exhathirdamendment094.jpg Edgar Link pending
exh106exhathirdamendment095.jpg Edgar Link pending
exh106exhathirdamendment096.jpg Edgar Link pending
exh106exhathirdamendment097.jpg Edgar Link pending
exh106exhathirdamendment098.jpg Edgar Link pending
exh106exhathirdamendment099.jpg Edgar Link pending
exh106exhathirdamendment100.jpg Edgar Link pending
exh106exhathirdamendment101.jpg Edgar Link pending
exh106exhathirdamendment102.jpg Edgar Link pending
exh106exhathirdamendment103.jpg Edgar Link pending
exh106exhathirdamendment104.jpg Edgar Link pending
exh106exhathirdamendment105.jpg Edgar Link pending
exh106exhathirdamendment106.jpg Edgar Link pending
exh106exhathirdamendment107.jpg Edgar Link pending
exh106exhathirdamendment108.jpg Edgar Link pending
exh106exhathirdamendment109.jpg Edgar Link pending
exh106exhathirdamendment110.jpg Edgar Link pending
exh106exhathirdamendment111.jpg Edgar Link pending
exh106exhathirdamendment112.jpg Edgar Link pending
exh106exhathirdamendment113.jpg Edgar Link pending
exh106exhathirdamendment114.jpg Edgar Link pending
exh106exhathirdamendment115.jpg Edgar Link pending
exh106exhathirdamendment116.jpg Edgar Link pending
exh106exhathirdamendment117.jpg Edgar Link pending
exh106exhathirdamendment118.jpg Edgar Link pending
exh106exhathirdamendment119.jpg Edgar Link pending
exh106exhathirdamendment120.jpg Edgar Link pending
exh106exhathirdamendment121.jpg Edgar Link pending
exh106exhathirdamendment122.jpg Edgar Link pending
exh106exhathirdamendment123.jpg Edgar Link pending
exh106exhathirdamendment124.jpg Edgar Link pending
exh106exhathirdamendment125.jpg Edgar Link pending
exh106exhathirdamendment126.jpg Edgar Link pending
exh106exhathirdamendment127.jpg Edgar Link pending
exh106exhathirdamendment128.jpg Edgar Link pending
exh106exhathirdamendment129.jpg Edgar Link pending
exh106exhathirdamendment130.jpg Edgar Link pending
exh106exhathirdamendment131.jpg Edgar Link pending
exh106exhathirdamendment132.jpg Edgar Link pending
exh106exhathirdamendment133.jpg Edgar Link pending
exh106exhathirdamendment134.jpg Edgar Link pending
exh106exhathirdamendment135.jpg Edgar Link pending
exh106exhathirdamendment136.jpg Edgar Link pending
exh106exhathirdamendment137.jpg Edgar Link pending
exh106exhathirdamendment138.jpg Edgar Link pending
exh106exhathirdamendment139.jpg Edgar Link pending
exh106exhathirdamendment140.jpg Edgar Link pending
exh106exhathirdamendment141.jpg Edgar Link pending
exh106exhathirdamendment142.jpg Edgar Link pending
exh106exhathirdamendment143.jpg Edgar Link pending
exh106exhathirdamendment144.jpg Edgar Link pending
exh106exhathirdamendment145.jpg Edgar Link pending
exh106exhathirdamendment146.jpg Edgar Link pending
exh106exhathirdamendment147.jpg Edgar Link pending
exh106exhathirdamendment148.jpg Edgar Link pending
exh106exhathirdamendment149.jpg Edgar Link pending
exh106exhathirdamendment150.jpg Edgar Link pending
exh106exhathirdamendment151.jpg Edgar Link pending
exh106exhathirdamendment152.jpg Edgar Link pending
exh106exhathirdamendment153.jpg Edgar Link pending
exh106exhathirdamendment154.jpg Edgar Link pending
exh106exhathirdamendment155.jpg Edgar Link pending
exhibit103-q210q2024.htm Edgar Link pending
exhibit104-q210q2024.htm Edgar Link pending
exhibit105-q210q2024.htm Edgar Link pending
exhibit106-q22024combined.htm Edgar Link pending
exhibit107q2202410-q.htm Edgar Link pending
exhibit311-q210q2024.htm Edgar Link pending
exhibit312-q210q2024.htm Edgar Link pending
exhibit321-q210q2024.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vate-20240630.htm Edgar Link pending
vate-20240630.xsd Edgar Link pending
vate-20240630_g1.jpg Edgar Link pending
vate-20240630_cal.xml Edgar Link unprocessable
vate-20240630_def.xml Edgar Link unprocessable
vate-20240630_lab.xml Edgar Link unprocessable
vate-20240630_pre.xml Edgar Link unprocessable
vate-20240630_htm.xml Edgar Link completed