{"schema_version":"secwatch.filing_event.v1","accession":"0001006837-25-000103","form_type":"8-K","ticker":"VATE","cik":"0001006837","company_name":"INNOVATE Corp.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.118445+00:00","generated_at":"2026-05-17T20:21:03.999261+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"INNOVATE Q2 revenue falls 23% to $242M; net loss of $22M vs prior-year profit of $14.1M","bullets":["Revenue $242M, down 22.7% YoY; net loss of $22M vs net income $14.1M in Q2 2024.","Diluted EPS -$1.67 vs +$1.03 (reverse split adjusted); Total Adj. EBITDA down 41.2% to $15.7M.","Infrastructure revenue $233.1M (-23.6%), backlog $1.3B; Life Sciences R2 unit sales up 124.5% YoY.","Completed refinancing on Aug 4 extending debt maturities; launched fourth ATSC 3.0 station."],"urls":{"canonical":"https://secwatch.observer/filing/0001006837-25-000103","json":"https://secwatch.observer/filing/0001006837-25-000103.json","markdown":"https://secwatch.observer/filing/0001006837-25-000103.md","text":"https://secwatch.observer/filing/0001006837-25-000103.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006837/000100683725000103/0001006837-25-000103-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006837/000100683725000103/vate-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:21:03.999261+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}