v3.26.1
Equity and Temporary Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Stock by Class
The Company’s preferred shares authorized, issued and outstanding consisted of the following:
December 31,
20252024
Preferred shares authorized, $0.001 par value
20,000,000 20,000,000 
Series A-3 shares issued and outstanding6,125 6,125 
Series A-4 shares issued and outstanding1,937 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 table (in millions):

2025
Declaration Date and Holders of Record DateMarch 31, 2025
Payment DateApril 15, 2025
Total Dividend$0.3 
During the year ended December 31, 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 table (in millions):

2024
Declaration Date and Holders of Record DateMarch 31, 2024June 30, 2024September 30, 2024December 31, 2024
Payment DateApril 15, 2024July 15, 2024October 15, 2024January 15, 2025
Total Dividend$0.3 $0.3 $0.3 $0.3