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Innovate VATE Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

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Other financials

Income statement

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Revenue$364.8M+33.0%
Gross profit$53.5M+17.6%
Operating income$10.0M+194%
Net income-$16.8M+31.4%
EPS (diluted)-$1.29+31.7%

Balance sheet

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Cash & equivalents$134.6M+297%
Total debt$1.4B+11.6%
Total equity-$256.3M-25.5%
Total assets$936.8M+7.9%

Cash flow

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Operating cash flow$45.5M+423%
CapEx$200.0K-95.7%
Free cash flow$45.3M+341%

Valuation

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Market cap$254.69M+274%

Where this comes from

Reported directly by Innovate in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.

The official record: Innovate’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Innovate's allowance for doubtful accounts receivable (current)?
Innovate (VATE) reported allowance for doubtful accounts receivable (current) of $200K in Q1 2026.
How has Innovate's allowance for doubtful accounts receivable (current) changed year-over-year?
Innovate's allowance for doubtful accounts receivable (current) increased by 100.0% year-over-year, from $100K to $200K.
What is the long-term trend for Innovate's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), Innovate's allowance for doubtful accounts receivable (current) has grown at a -19.7% compound annual growth rate (CAGR), from $600K to $200K.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.