What is Innovate's prepaid expenses?

Innovate (VATE) reported prepaid expenses of $11M in Q1 2026.

How has Innovate's prepaid expenses changed year-over-year?

Innovate's prepaid expenses increased by 12.2% year-over-year, from $9.8M to $11M.

Over 3 years (2022 to 2025), Innovate's prepaid expenses has grown at a 0.6% compound annual growth rate (CAGR), from $10.4M to $10.6M.

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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%

Cash & equivalents$134.6M+297%

Total debt$1.4B+11.6%

Total equity-$256.3M-25.5%

Total assets$936.8M+7.9%

Operating cash flow$45.5M+423%

CapEx$200.0K-95.7%

Free cash flow$45.3M+341%

Market cap$254.69M+274%

Reported directly by Innovate in its filing.

Tagged under the XBRL concept us-gaap:PrepaidExpenseCurrent.

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

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What is Innovate's prepaid expenses?: Innovate (VATE) reported prepaid expenses of $11M in Q1 2026.
How has Innovate's prepaid expenses changed year-over-year?: Innovate's prepaid expenses increased by 12.2% year-over-year, from $9.8M to $11M.
What is the long-term trend for Innovate's prepaid expenses?: Over 3 years (2022 to 2025), Innovate's prepaid expenses has grown at a 0.6% compound annual growth rate (CAGR), from $10.4M to $10.6M.