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Equity and Temporary Equity (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Stock by Class

The Company’s preferred shares authorized, issued and outstanding consisted of the following:

						March 31, 2025						December 31, 2024
Preferred shares authorized, $0.001 par value									20,000,000									20,000,000
Series A-3 shares issued and outstanding						6,125						6,125
Series A-4 shares issued and outstanding						10,000						10,000

Schedule of Cash, PIK and Special Cash Dividends

During the three months ended March 31, 2025 and 2024, INNOVATE's Board of Directors (the "Board") declared cash dividends with respect to INNOVATE’s issued and outstanding Series A-3 Preferred Stock and Series A-4 Preferred Stock, as presented in the following tables (in millions):

2025

Declaration Date and Holders of Record Date

March 31, 2025

Payment Date

April 15, 2025

Total Dividend

$

0.3

2024

Declaration Date and Holders of Record Date

March 31, 2024

Payment Date

April 15, 2024

Total Dividend

$

0.3

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Tabular disclosure of all or some of the information related to dividends declared, but not paid, as of the financial reporting date.

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Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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