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v3.25.3

Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Net Sales and Significant Expense Categories Included in Reportable Segment Operating Profit | The table below presents net sales and the significant expense categories that are included in reportable segment operating profit, which are regularly provided to the CODM:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net Sales: |  |  |  |  |  |  |
Automotive Products | $ | 573,660,188 |  |  | $ | 596,519,398 |  |  | $ | 1,715,653,473 |  |  | $ | 1,733,411,689 |
Premium Audio Products | 42,992,354 |  |  | — |  |  | 87,482,951 |  |  | — |
Other | 38,583,513 |  |  | 12,006,379 |  |  | 86,730,931 |  |  | 38,265,077 |
Total | $ | 655,236,055 |  |  | $ | 608,525,777 |  |  | $ | 1,889,867,355 |  |  | $ | 1,771,676,766 |
Cost of Goods Sold: |  |  |  |  |  |  |
Automotive Products | $ | 374,591,271 |  |  | $ | 395,282,875 |  |  | $ | 1,122,538,332 |  |  | $ | 1,150,575,042 |
Premium Audio Products | 28,406,743 |  |  | — |  |  | 61,019,228 |  |  | — |
Other | 27,071,304 |  |  | 9,179,267 |  |  | 64,118,568 |  |  | 26,237,173 |
Total | $ | 430,069,318 |  |  | $ | 404,462,142 |  |  | $ | 1,247,676,128 |  |  | $ | 1,176,812,215 |
Operating Expenses (1): |  |  |  |  |  |  |
Automotive Products | $ | 73,232,152 |  |  | $ | 72,860,888 |  |  | $ | 220,905,765 |  |  | $ | 210,262,699 |
Premium Audio Products | 12,651,360 |  |  | — |  |  | 26,616,121 |  |  | — |
Other | 16,956,287 |  |  | 5,474,595 |  |  | 40,835,162 |  |  | 14,643,366 |
Total | $ | 102,839,799 |  |  | $ | 78,335,483 |  |  | $ | 288,357,048 |  |  | $ | 224,906,065 |
Depreciation and Amortization: |  |  |  |  |  |  |
Automotive Products | $ | 23,654,331 |  |  | $ | 21,128,113 |  |  | $ | 71,687,923 |  |  | $ | 65,221,810 |
Premium Audio Products | 15,170 |  |  | — |  |  | 183,703 |  |  | — |
Other | 839,978 |  |  | 638,811 |  |  | 2,771,198 |  |  | 2,077,716 |
Corporate | 1,419,045 |  |  | 1,178,239 |  |  | 4,166,143 |  |  | 3,587,768 |
Total | $ | 25,928,524 |  |  | $ | 22,945,163 |  |  | $ | 78,808,967 |  |  | $ | 70,887,294 |
Income (Loss) from Operations: |  |  |  |  |  |  |
Automotive Products | $ | 124,873,920 |  |  | $ | 128,375,635 |  |  | $ | 372,209,376 |  |  | $ | 372,573,948 |
Premium Audio Products | 1,934,251 |  |  | — |  |  | (152,398) |  |  | — |
Other | (4,481,233) |  |  | (2,647,483) |  |  | (18,222,799) |  |  | (2,615,462) |
Total | $ | 122,326,938 |  |  | 125,728,152 |  |  | $ | 353,834,179 |  |  | $ | 369,958,486 |
(1) Operating expenses represent expenses that are included in the segment Income (Loss) from operations measure, such as Selling, general and administrative expenses, as well as Engineering, research and development expenses.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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