v3.25.1
Income Taxes - Components of net deferred income tax assets (Details) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net operating loss carryforwards   $ 56,503 $ 39,845  
Valuation allowance   (1,332,345) (861,760)  
Net deferred tax assets   449 55,525  
Angel Studios, Inc. CIK: 0001671941        
Net operating loss carryforwards   18,872,026   $ 1,044,440
Research and development   5,564,482 3,787,461 1,108,958
Digital asset impairment   1,491,329 1,920,228 1,919,244
Research and development credits   1,180,635 229,867  
Depreciation and amortization   (190,587) (330,698) (305,337)
Impairment of equity investment   243,557    
Accruals and reserves   (310,990) (554,006) (317,970)
Deferred gain on sale   (989,156) (1,052,533) (1,101,108)
Valuation allowance   (25,861,296)   $ (2,348,227)
Net deferred tax assets $ 0 $ 0 $ 4,000,319