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Equity and Temporary Equity (Tables)

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Schedule of Stock by Class

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

						September 30, 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						1,937						10,000

Schedule of Cash, PIK and Special Cash Dividends

During the three months ended March 31, 2025, 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

During the nine months ended September 30, 2024, 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):

2024
Declaration Date and Holders of Record Date						March 31, 2024						June 30, 2024						September 30, 2024
Payment Date						April 15, 2024						July 15, 2024						October 15, 2024
Total Dividend						$	0.3					$	0.3					$	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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