v3.25.2
Debt - Narratives (Details)
2 Months Ended
Feb. 05, 2025
USD ($)
installment
Feb. 28, 2025
Jun. 30, 2025
USD ($)
$ / shares
May 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Notes Payable          
Current portion of notes payable     $ 29,637,300   $ 11,455,940
Convertible notes and warrants       30.90%  
Note warrant       $ 1,300,000  
Accrued interest, Per share | $ / shares     $ 32.76    
several note agreements          
Notes Payable          
Digital assets receivable, Digital asset carrying value     $ 28,800,000    
several note agreements | Minimum          
Notes Payable          
Crypto Asset, Initial Margin Collateral, Percentage   150.00%      
Crypto Asset, Additional Collateral Requirement, Threshold Percentage   140.00%      
several note agreements | Maximum          
Notes Payable          
Crypto Asset, Initial Margin Collateral, Percentage   167.00%      
Crypto Asset, Additional Collateral Requirement, Threshold Percentage   143.00%      
Loan and Security Agreement | Angel Studios Licensing, LLC          
Notes Payable          
Loan paid for working capital $ 5,400,000        
Effective interest rate 18.50%        
Number of quarterly installments | installment 9        
Setup fee and legal fee payable $ 100,000        
Loan is repayable in quarterly installments 700,000        
Current portion of notes payable $ 2,300,000