For the quarter ending 2026-03-31, VATE has $936,800K in assets. $1,169,000K in debts. $134,600K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 134,600 | 112,100 | 35,500 | 33,400 |
| Accounts receivable, net | 186,000 | 241,100 | 265,600 | 242,700 |
| Contract assets | 54,500 | 64,100 | 80,800 | 83,000 |
| Inventory | 15,400 | 16,000 | 18,100 | 20,700 |
| Other current assets | 15,400 | 18,200 | 20,600 | 18,600 |
| Total current assets | 405,900 | 451,500 | 420,600 | 398,400 |
| Investments | 1,800 | 1,800 | 1,800 | 4,400 |
| Deferred tax asset | 2,000 | 2,000 | 1,600 | 1,600 |
| Property, plant and equipment, net | 148,100 | 141,800 | 134,400 | 132,100 |
| Goodwill | 127,100 | 127,000 | 126,900 | 126,900 |
| Intangibles, net | 163,700 | 165,200 | 167,000 | 168,600 |
| Other assets | 88,200 | 60,800 | 60,900 | 58,900 |
| Total assets | 936,800 | 950,100 | 913,200 | 890,900 |
| Accounts payable | 130,200 | 141,400 | 99,900 | 80,200 |
| Accrued liabilities | 103,700 | 122,500 | 110,100 | 125,400 |
| Current portion of debt obligations | 610,800 | 581,400 | 571,800 | 477,500 |
| Contract liabilities | 157,300 | 171,900 | 175,500 | 172,800 |
| Other current liabilities | 17,800 | 16,900 | 17,000 | 17,200 |
| Total current liabilities | 1,019,800 | 1,034,100 | 974,300 | 873,100 |
| Deferred tax liability | 4,700 | 4,700 | 4,300 | 4,500 |
| Debt obligations | 68,800 | 80,300 | 97,300 | 160,100 |
| Other liabilities | 75,700 | 46,300 | 45,000 | 42,500 |
| Total liabilities | 1,169,000 | 1,165,400 | 1,120,900 | 1,080,200 |
| Preferred stock series a-3 and preferred stock series a-4, 0.001 par value shares authorized 20,000,000 shares issued and outstanding 6,125 of series a-3 1,937 of series a-4 | 9,500 | 9,300 | 9,100 | 17,900 |
| Redeemable non-controlling interests | 1,300 | 1,600 | -900 | -800 |
| Total temporary equity | 10,800 | 10,900 | 8,200 | 17,100 |
| Additional paid-in capital | 350,400 | 350,100 | 349,800 | 349,200 |
| Treasury stock, at cost 177,038 and 163,842 shares, respectively | 5,600 | 5,600 | 5,600 | 5,600 |
| Accumulated deficit | -599,300 | -582,500 | -575,100 | -566,200 |
| Accumulated other comprehensive loss | -1,800 | -2,100 | -2,400 | -2,200 |
| Total innovate corp. stockholders deficit | -256,300 | -240,100 | -233,300 | -224,800 |
| Non-controlling interests | 13,300 | 13,900 | 17,400 | 18,400 |
| Total stockholders deficit | -243,000 | -226,200 | -215,900 | -206,400 |
| Total liabilities, temporary equity and stockholders deficit | 936,800 | 950,100 | 913,200 | 890,900 |
INNOVATE Corp. (VATE)
INNOVATE Corp. (VATE)