Description of Organization and Summary of Significant Accounting Policies - Revenue Recognition (Details) - Angel Studios Inc. Cik0001671941 - USD ($) |
3 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|
Revenue Recognition | |||||
Total revenue | $ 47,440,640 | $ 28,858,206 | $ 96,516,439 | $ 202,437,316 | $ 75,516,562 |
Deferred revenue | 36,012,666 | 22,171,808 | 3,920,648 | ||
Pay-it-forward receipts offset against selling and marketing costs | 300,000 | 1,100,000 | 4,200,000 | 23,800,000 | 0 |
Incurred total advertising expenses | 46,000,000 | 16,700,000 | |||
Transferred at Point in Time | |||||
Revenue Recognition | |||||
Total revenue | 60,002,166 | 198,201,716 | 73,927,248 | ||
Transferred over Time | |||||
Revenue Recognition | |||||
Total revenue | 36,514,273 | 4,235,600 | 1,589,314 | ||
Angel Guild | |||||
Revenue Recognition | |||||
Total revenue | 34,697,518 | 4,662,313 | 35,646,375 | 2,940,290 | |
Deferred revenue | 34,200,000 | 19,800,000 | 2,900,000 | 0 | |
Theatrical | |||||
Revenue Recognition | |||||
Total revenue | 7,728,206 | 8,384,643 | 29,445,641 | 106,838,828 | 4,720,674 |
Deferred revenue | 1,000,000 | 1,000,000 | 0 | 0 | |
Content licensing | |||||
Revenue Recognition | |||||
Total revenue | 2,596,504 | 10,065,025 | 16,588,700 | 38,687,753 | 11,924,036 |
Deferred revenue | $ 0 | $ 0 | 100,000 | 400,000 | |
Term of agreements | 3 years | ||||
Content licensing | Minimum | |||||
Revenue Recognition | |||||
Term of agreements | 3 years | ||||
Content licensing | Maximum | |||||
Revenue Recognition | |||||
Term of agreements | 10 years | 10 years | |||
Merchandise | |||||
Revenue Recognition | |||||
Total revenue | $ 943,844 | 1,867,192 | $ 5,808,750 | 18,020,076 | 23,609,414 |
Theatrical Pay it Forward | |||||
Revenue Recognition | |||||
Total revenue | 698,635 | 2,213,993 | 3,430,855 | ||
Pay it Forward | |||||
Revenue Recognition | |||||
Total revenue | 535,261 | 3,587,935 | 5,610,677 | 31,856,327 | 33,980,046 |
Other | |||||
Revenue Recognition | |||||
Total revenue | 240,672 | $ 291,098 | 1,202,303 | 663,187 | 1,282,392 |
Deferred revenue | $ 700,000 | $ 1,000,000 | $ 0 | $ 200,000 |