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Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 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 
Granted102,333 $6.28 
Vested(103,498)$10.47 
Forfeited(12,521)$7.99 
Unvested - June 30, 2025280,977 $6.59 
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 - June 30, 2025 and December 31, 2024
217,733 $16.94 
Exercisable - June 30, 2025 and December 31, 2024117,733 $27.74