XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.25.3

Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The carrying value of Goodwill is as follows:
| Carrying Amount
Beginning balance as of January 1, 2025 | $ | 340,668,927 |
Acquisitions (including measurement period adjustments) (see Note 16) | 16,245,030 |
Balance as of September 30, 2025 | $ | 356,913,957 |
Gross carrying value at September 30, 2025 | $ | 360,578,661 |
Accumulated impairment charges | (3,664,704) |
Net carrying value at September 30, 2025 | $ | 356,913,957 |
Schedule of Intangible Assets | The patents and intangible assets and related change in carrying values are set forth in the tables below. As of September 30, 2025:
Other Intangible Assets | Gross | Accumulated Amortization | Net | Assumed Useful Life
Gentex Patents | $ | 39,569,675 |  | $ | (28,567,996) |  | $ | 11,001,679 |  | Various
Other Intangible Assets |  |  |  |
HomeLink® Trade Names and Trademarks | $ | 52,000,000 |  | $ | — |  | $ | 52,000,000 |  | Indefinite
HomeLink® Technology | 180,000,000 |  | (180,000,000) |  | — |  | 12 years
Existing Customer Platforms | 43,000,000 |  | (43,000,000) |  | — |  | 10 years
Exclusive Licensing Agreement | 96,000,000 |  | — |  | 96,000,000 |  | Indefinite
BioCenturion LLC ("BioCenturion") Trade Names and Trademarks | 640,000 |  | (58,667) |  | 581,333 |  | 10 years
BioCenturion Technology | 2,300,000 |  | (175,694) |  | 2,124,306 |  | 12 years
eSight Technology | 12,000,000 |  | (1,916,667) |  | 10,083,333 |  | 12 years
eSight Trade Names and Trademarks | 870,000 |  | (138,958) |  | 731,042 |  | 12 years
BioConnect Trade Names and Trademarks | 873,299 |  | — |  | 873,299 |  | 12 years
BioConnect Developed Technology | 6,549,741 |  | — |  | 6,549,741 |  | 12 years
BioConnect Customer Relationships | 1,746,598 |  | — |  | 1,746,598 |  | 10 years
Vaporsens In-Process R&D | 5,800,000 |  | — |  | 5,800,000 |  | Indefinite
Argil In-Process R&D | 6,278,132 |  | — |  | 6,278,132 |  | Indefinite
Air-Craftglass Technology | 1,507,778 |  | (94,236) |  | 1,413,542 |  | 12 years
Guardian Trade Names | 1,300,000 |  | (135,417) |  | 1,164,583 |  | 12 years
Guardian Technology | 6,800,000 |  | (708,333) |  | 6,091,667 |  | 12 years
Total Other Intangible Assets | $ | 417,665,548 |  | $ | (226,227,972) |  | $ | 191,437,576 |  |
Total Patents & Other Intangible Assets | $ | 457,235,223 |  | $ | (254,795,968) |  | $ | 202,439,255 |  |
As of December 31, 2024:
Other Intangible Assets | Gross | Accumulated Amortization | Net | Assumed Useful Life
Gentex Patents | $ | 39,266,409 |  | $ | (28,137,761) |  | $ | 11,128,648 |  | Various
Other Intangible Assets |  |  |  |
HomeLink® Trade Names and Trademarks | $ | 52,000,000 |  | $ | — |  | $ | 52,000,000 |  | Indefinite
HomeLink® Technology | 180,000,000 |  | (168,750,000) |  | 11,250,000 |  | 12 years
Existing Customer Platforms | 43,000,000 |  | (43,000,000) |  | — |  | 10 years
Exclusive Licensing Agreement | 96,000,000 |  | — |  | 96,000,000 |  | Indefinite
BioCenturion Trade Names and Trademarks | 640,000 |  | — |  | 640,000 |  | 10 years
BioCenturion Technology | 2,300,000 |  | — |  | 2,300,000 |  | 12 years
eSight Technology | 12,000,000 |  | (1,166,667) |  | 10,833,333 |  | 12 years
eSight Trade Names and Trademarks | 870,000 |  | (84,583) |  | 785,417 |  | 12 years
Vaporsens In-Process R&D | 5,800,000 |  | — |  | 5,800,000 |  | Indefinite
Argil In-Process R&D | 6,278,132 |  | — |  | 6,278,132 |  | Indefinite
Air-Craftglass In-Process R&D | 1,507,778 |  | — |  | 1,507,778 |  | Indefinite
Guardian Trade Names | 1,300,000 |  | (54,167) |  | 1,245,833 |  | 12 years
Guardian In-Process R&D | 6,800,000 |  | (283,333) |  | 6,516,667 |  | 12 years
Total Other Intangible Assets | $ | 408,495,910 |  | $ | (213,338,750) |  | $ | 195,157,160 |  |
Total Patents & Other Intangible Assets | $ | 447,762,319 |  | $ | (241,476,511) |  | $ | 206,285,808 |  |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration