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 |