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Balance Sheets Overview

Current Ratio
65.11%
Quick Ratio
64.34%
Cash Ratio
24.95%
Debt to Asset Ratio
112.48%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Investments in affiliates
    • Accounts receivable, net
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Deferred revenue
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
48,036,965
38,875,760
44,083,233
63,327,263
Accounts receivable, net
30,400,912
30,792,585
51,122,866
24,676,850
Current portion of licensing receivables, net
9,697,666
9,834,673
9,695,562
8,697,155
Physical inventory
1,480,166
1,383,563
1,264,101
1,541,600
Current portion of notes receivable
1,383,486
1,375,942
1,368,581
1,431,400
Royalty advance
18,447,053
18,736,980
13,827,626
13,787,090
Prepaid expenses and other
15,902,578
10,617,381
13,515,986
9,615,398
Total current assets
125,348,826
111,616,884
134,877,955
123,076,756
Licensing receivables, net
6,110,510
80,213
2,579,252
5,837,685
Notes receivable, net of current portion
3,797,119
3,862,655
3,940,918
4,017,273
Property and equipment, net
631,293
581,186
709,845
727,915
Content, net
5,401,693
5,828,984
6,272,925
7,234,511
Intangible assets, net
2,313,410
3,081,723
3,850,035
4,618,347
Capitalized software, net
14,407,016
13,705,384
13,308,247
-
Digital assets
17,747,262
20,682,504
26,527,560
34,545,487
Investments in affiliates
46,042,383
45,997,700
46,014,881
14,580,813
Operating lease right-of-use assets
2,619,304
2,932,555
3,240,021
2,268,990
Other long-term assets
10,643,673
4,715,599
89,924
89,924
Total assets
235,062,489
213,085,387
241,411,563
196,997,701
Accounts payable
39,813,785
25,786,792
39,960,272
11,071,258
Accrued expenses
11,136,378
12,122,179
24,487,884
11,431,131
Current portion of accrued licensing royalties
40,473,978
33,774,958
31,257,950
30,220,038
Current portion of notes payable
17,195,811
40,470,679
55,473,665
8,990,437
Current portion of operating lease liabilities
1,353,129
1,318,472
1,284,747
750,731
Deferred revenue
82,549,436
74,691,685
66,534,622
50,682,212
Total current liabilities
192,522,517
188,164,765
218,999,140
113,145,807
Accrued licensing royalties, long-term
13,058,467
2,863,265
4,441,758
3,367,099
Notes payable, net of current portion
57,168,318
61,802,915
41,692,404
41,743,343
Operating lease liabilities, net of current portion
1,358,751
1,714,213
2,058,585
1,572,999
Other long-term liabilities
283,848
-
-
-
Total liabilities
264,391,901
254,545,158
267,191,887
159,829,248
Common stock, 0.0001 par value, 700,000,000 shares authorized 186,504,214 and 169,095,572 shares issued and outstanding as of june 30, 2026, and december 31, 2025, respectively
18,650
16,985
16,909
16,863
Additional paid-in capital
249,962,975
214,027,327
210,079,998
207,268,109
Noncontrolling interests
-182,367
-168,495
5,653,837
5,645,605
Accumulated deficit
-279,128,670
-255,335,588
-241,531,068
-175,762,124
Total stockholders' equity
-29,329,412
-41,459,771
-25,780,324
37,168,453
Total liabilities and stockholders' equity
235,062,489
213,085,387
241,411,563
196,997,701
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$48,036,965 Accounts receivable, net$30,400,912 Royalty advance$18,447,053 Prepaid expenses andother$15,902,578 Current portion oflicensing receivables,...$9,697,666 Physical inventory$1,480,166 Current portion of notesreceivable$1,383,486 Total current assets$125,348,826 Investments in affiliates$46,042,383 Digital assets$17,747,262 Capitalized software, net$14,407,016 Other long-termassets$10,643,673 Licensing receivables,net$6,110,510 Content, net$5,401,693 Notes receivable, netof current portion$3,797,119 Operating leaseright-of-use assets$2,619,304 Intangible assets, net$2,313,410 Property and equipment,net$631,293 Total assets$235,062,489 Accumulated deficit-$279,128,670 Noncontrolling interests-$182,367 Total liabilities andstockholders' equity$235,062,489 Total stockholders'equity-$29,329,412 Additional paid-in capital$249,962,975 Common stock, 0.0001par value,...$18,650 Total liabilities$264,391,901 Total currentliabilities$192,522,517 Notes payable, net ofcurrent portion$57,168,318 Accrued licensingroyalties, long-term$13,058,467 Operating leaseliabilities, net of current...$1,358,751 Other long-termliabilities$283,848 Deferred revenue$82,549,436 Current portion ofaccrued licensing...$40,473,978 Accounts payable$39,813,785 Current portion of notespayable$17,195,811 Accrued expenses$11,136,378 Current portion ofoperating lease...$1,353,129

Angel Studios, Inc. (ANGX)

Angel Studios, Inc. (ANGX)