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Share-based Compensation (Tables)
9 Months Ended
Sep. 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 
Granted278,389 $5.90 
Vested(246,355)$8.05 
Forfeited(12,521)$7.99 
Unvested - September 30, 2025314,176 $6.22 
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, 2024
217,733 $16.94 
Granted
100,000$5.67 
Outstanding - September 30, 2025
317,733 $13.39 
Exercisable - December 31, 2024
117,733 $27.74 
Exercisable - September 30, 2025
217,733 $16.94