Consolidated Statements of Stockholder's Equity - USD ($) |
Angel Studios, Inc. CIK: 0001671941
Common Stock
Class A common stock
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Angel Studios, Inc. CIK: 0001671941
Common Stock
Class B common stock
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Angel Studios, Inc. CIK: 0001671941
Common Stock
Class C
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Angel Studios, Inc. CIK: 0001671941
Common Stock
Class F
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Angel Studios, Inc. CIK: 0001671941
Additional Paid-In Capital
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Angel Studios, Inc. CIK: 0001671941
Accumulated Deficit
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Angel Studios, Inc. CIK: 0001671941
Noncontrolling Interests
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Angel Studios, Inc. CIK: 0001671941
Class C
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Angel Studios, Inc. CIK: 0001671941 |
Class A common stock |
Class B common stock |
Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance as of beginning at Dec. 31, 2021 | $ 20,842 | $ 3,349 | $ 508 | $ 39,538,876 | $ (5,187,312) | $ 34,376,263 | ||||||
| Balance as of beginning (in units) at Dec. 31, 2021 | 20,842,227 | 3,349,017 | 508,420 | |||||||||
| Stock options exercised | $ 77 | 258,778 | $ 258,855 | |||||||||
| Stock options exercised (in units) | 77,012 | 77,011 | ||||||||||
| Transfer of Common Stock | $ (9,912) | $ 9,912 | ||||||||||
| Transfer of Common Stock (in units) | (9,912,072) | 9,912,072 | ||||||||||
| Repurchase of Common Stock | $ (48) | $ (456) | (85,684) | (341,029) | $ (427,217) | |||||||
| Repurchase of Common Stock (in units) | (48,002) | (456,364) | ||||||||||
| Stock-based compensation expense | 1,503,969 | 1,503,969 | ||||||||||
| Net (loss) income | (13,710,708) | (13,710,708) | ||||||||||
| Balance as of ending at Dec. 31, 2022 | $ 10,959 | $ 3,349 | $ 52 | $ 9,912 | 41,215,939 | (19,239,049) | 22,001,162 | |||||
| Balance as of ending (in units) at Dec. 31, 2022 | 10,959,165 | 3,349,017 | 52,056 | 9,912,072 | ||||||||
| Stock options exercised | $ 198 | 235,528 | $ 235,726 | |||||||||
| Stock options exercised (in units) | 197,656 | 197,656 | ||||||||||
| Issuance of common stock, net of fees | $ 529 | 7,499,472 | $ 7,500,001 | |||||||||
| Issuance of Class B common stock to Sponsor (in shares) | 528,914 | 528,914 | ||||||||||
| Transfer of Common Stock | $ (20) | $ (3) | $ 318 | $ (295) | ||||||||
| Transfer of Common Stock (in units) | (20,000) | (2,630) | 317,346 | (294,716) | ||||||||
| Repurchase of Common Stock | $ (8) | (107,065) | (107,073) | |||||||||
| Repurchase of Common Stock (in units) | (7,551) | |||||||||||
| Stock-based compensation expense | 1,031,656 | 1,031,656 | ||||||||||
| Cumulative translation adjustment | 2,064 | 2,064 | ||||||||||
| Net (loss) income | 9,163,794 | $ (151,670) | 9,012,124 | $ 2,729,602 | ||||||||
| Balance as of ending at Dec. 31, 2023 | $ 10,939 | $ 3,346 | $ 899 | $ 9,807 | 49,875,530 | (10,073,191) | (151,670) | $ 39,675,660 | ||||
| Balance as of ending (in units) at Dec. 31, 2023 | 10,939,165 | 3,346,358 | 898,316 | 9,807,461 | 24,991,329 | 8,350,065 | 1,550,000 | |||||
| Stock options exercised | $ 19 | 71,676 | $ 71,695 | |||||||||
| Stock options exercised (in units) | 18,606 | |||||||||||
| Transfer of Common Stock | $ 186 | $ (186) | ||||||||||
| Transfer of Common Stock (in units) | 186,168 | (186,168) | ||||||||||
| Repurchase of Common Stock | $ (4) | (51,328) | (51,332) | |||||||||
| Repurchase of Common Stock (in units) | (3,620) | |||||||||||
| Stock-based compensation expense | 1,012,365 | 1,012,365 | ||||||||||
| Cumulative translation adjustment | (1,825) | (1,825) | ||||||||||
| Net (loss) income | (14,844,084) | (20,199) | (14,864,283) | 261,607 | ||||||||
| Balance as of ending at Mar. 31, 2024 | $ 10,939 | $ 3,346 | $ 1,085 | $ 9,636 | 50,908,243 | (24,919,100) | (171,869) | 25,842,280 | ||||
| Balance as of ending (in units) at Mar. 31, 2024 | 10,939,165 | 3,346,358 | 1,084,484 | 9,636,279 | ||||||||
| Balance as of beginning at Dec. 31, 2023 | $ 10,939 | $ 3,346 | $ 899 | $ 9,807 | 49,875,530 | (10,073,191) | (151,670) | $ 39,675,660 | ||||
| Balance as of beginning (in units) at Dec. 31, 2023 | 10,939,165 | 3,346,358 | 898,316 | 9,807,461 | 24,991,329 | 8,350,065 | 1,550,000 | |||||
| Stock options exercised | $ 198 | 619,039 | $ 619,237 | |||||||||
| Stock options exercised (in units) | 197,966 | 197,966 | ||||||||||
| Issuance of common stock, net of fees | $ 1,831 | 42,042,560 | $ 42,044,391 | |||||||||
| Issuance of Class B common stock to Sponsor (in shares) | (29) | 1,831,008 | ||||||||||
| Transfer of Common Stock | $ 332 | $ (341) | $ 231 | $ (222) | ||||||||
| Transfer of Common Stock (in units) | 331,663 | (340,942) | 231,583 | (222,304) | ||||||||
| Repurchase of Common Stock | $ (11) | $ (22) | (706,611) | (706,644) | ||||||||
| Repurchase of Common Stock (in units) | (10,672) | (21,815) | ||||||||||
| Stock-based compensation expense | 3,641,940 | 3,641,940 | ||||||||||
| Consolidation of noncontrolling interests | 8,546,724 | 8,546,724 | ||||||||||
| Cumulative translation adjustment | (2,064) | (2,064) | ||||||||||
| Net (loss) income | (89,795,494) | (172,101) | (89,967,595) | (5,107,051) | ||||||||
| Balance as of ending at Dec. 31, 2024 | $ 11,271 | $ 3,005 | $ 2,950 | $ 9,761 | 95,472,458 | (99,870,749) | 8,222,953 | $ 3,851,649 | ||||
| Balance as of ending (in units) at Dec. 31, 2024 | 11,270,828 | 3,005,416 | 2,950,235 | 9,761,308 | 26,987,787 | 4,237,987 | 1,550,000 | |||||
| Stock options exercised | $ 29 | 80,487 | $ 80,516 | |||||||||
| Stock options exercised (in units) | 29,188 | |||||||||||
| Issuance of common stock, net of fees | $ 452 | 14,796,252 | 14,796,704 | |||||||||
| Issuance of Class B common stock to Sponsor (in shares) | 451,666 | |||||||||||
| Repurchase of Common Stock | $ (2) | (65,027) | (65,029) | |||||||||
| Repurchase of Common Stock (in units) | (13) | (2,024) | ||||||||||
| Stock-based compensation expense | 2,632,836 | 2,632,836 | ||||||||||
| Net (loss) income | (37,416,910) | (26,208) | (37,443,118) | $ (101,682) | ||||||||
| Balance as of ending at Mar. 31, 2025 | $ 11,271 | $ 3,005 | $ 3,402 | $ 9,788 | $ 112,917,006 | $ (121,325,641) | $ 2,425,339 | $ (5,955,830) | ||||
| Balance as of ending (in units) at Mar. 31, 2025 | 11,270,828 | 3,005,416 | 3,401,888 | 9,788,472 | 27,466,604 | 4,237,987 | 1,550,000 |