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Share-based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Company's Restricted Stock Activity
A summary of INNOVATE’s restricted stock and restricted stock unit activity is as follows:
Number of Shares
Weighted-Average Grant Date Fair Value
Unvested - December 31, 2024294,663 $8.12 
Granted36,881 $7.66 
Vested(38,835)$18.46 
Unvested - March 31, 2025292,709 $6.70 
Schedule of Company's Stock Option Activity
A summary of INNOVATE’s stock option activity is as follows:
Number of Stock Options
Weighted-Average Exercise Price
Outstanding - December 31, 2024217,733 $16.94 
Outstanding - March 31, 2025
217,733 $16.94 
Exercisable - March 31, 2025 and December 31, 2024
117,733 $27.74