The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.

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The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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The risk-free interest rate assumption that is used in valuing an option on its own shares.

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The maximum risk-free interest rate assumption that is used in valuing an option on its own shares.

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The minimum risk-free interest rate assumption that is used in valuing an option on its own shares.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Stock Options - Valuation assumptions (Details) - Angel Studios, Inc. CIK: 0001671941	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Stock Options
Expected stock price volatility		50.00%
2023 Stock Incentive Plan
Stock Options
Risk-free interest rate, minimum	3.43%	3.63%	2.85%
Risk-free interest rate, maximum	4.68%	4.86%	3.67%
Expected stock price volatility	50.00%		50.00%
Expected dividend yield	0.00%	0.00%	0.00%
Expected life of options		5 years	5 years
2023 Stock Incentive Plan \| Minimum
Stock Options
Expected life of options	5 years
2023 Stock Incentive Plan \| Maximum
Stock Options
Expected life of options	10 years
2023 Performance Equity Plan
Stock Options
Risk-free interest rate, minimum	3.65%
Risk-free interest rate, maximum	4.26%
Risk-free interest rate		4.81%
Expected stock price volatility		46.00%
Expected dividend yield	0.00%	0.00%
2023 Performance Equity Plan \| Minimum
Stock Options
Expected stock price volatility	46.00%
Expected life of options	4 years 2 months 12 days	6 years 9 months 18 days
2023 Performance Equity Plan \| Maximum
Stock Options
Expected stock price volatility	48.00%
Expected life of options	7 years 8 months 12 days	7 years 10 months 24 days