For the quarter ending 2026-03-31, ANGX has $213,085,387 in assets. $254,545,158 in debts. $38,875,760 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 38,875,760 | 44,083,233 | 63,327,263 | |
| Accounts receivable, net | 30,792,585 | 51,122,866 | 24,676,850 | |
| Current portion of licensing receivables, net | 9,834,673 | 9,695,562 | 8,697,155 | |
| Physical inventory | 1,383,563 | 1,264,101 | 1,541,600 | |
| Current portion of notes receivable | 1,375,942 | 1,368,581 | 1,431,400 | |
| Royalty advance | 18,736,980 | 13,827,626 | 13,787,090 | |
| Prepaid expenses and other | 10,617,381 | 13,515,986 | 9,615,398 | |
| Total current assets | 111,616,884 | 134,877,955 | 123,076,756 | |
| Licensing receivables, net | 80,213 | 2,579,252 | 5,837,685 | |
| Notes receivable, net of current portion | 3,862,655 | 3,940,918 | 4,017,273 | |
| Property and equipment, net | 581,186 | 709,845 | 727,915 | |
| Content, net | 5,828,984 | 6,272,925 | 7,234,511 | |
| Intangible assets, net | 3,081,723 | 3,850,035 | 4,618,347 | |
| Capitalized software, net | 13,705,384 | 13,308,247 | - | |
| Digital assets | 20,682,504 | 26,527,560 | 34,545,487 | |
| Investments in affiliates | 45,997,700 | 46,014,881 | 14,580,813 | |
| Operating lease right-of-use assets | 2,932,555 | 3,240,021 | 2,268,990 | |
| Other long-term assets | 4,715,599 | 89,924 | 89,924 | |
| Total assets | 213,085,387 | 241,411,563 | 196,997,701 | |
| Accounts payable | 25,786,792 | 39,960,272 | 11,071,258 | |
| Accrued expenses | 12,122,179 | 24,487,884 | 11,431,131 | |
| Current portion of accrued licensing royalties | 33,774,958 | 31,257,950 | 30,220,038 | |
| Current portion of notes payable | 40,470,679 | 55,473,665 | 8,990,437 | |
| Current portion of operating lease liabilities | 1,318,472 | 1,284,747 | 750,731 | |
| Deferred revenue | 74,691,685 | 66,534,622 | 50,682,212 | |
| Total current liabilities | 188,164,765 | 218,999,140 | 113,145,807 | |
| Accrued licensing royalties, long-term | 2,863,265 | 4,441,758 | 3,367,099 | |
| Notes payable, net of current portion | 61,802,915 | 41,692,404 | 41,743,343 | |
| Operating lease liabilities, net of current portion | 1,714,213 | 2,058,585 | 1,572,999 | |
| Total liabilities | 254,545,158 | 267,191,887 | 159,829,248 | |
| Common stock, 0.0001 par value, 700,000,000 shares authorized 169,850,328 and 169,095,572 shares issued and outstanding as of march 31, 2026, and december 31, 2025, respectively | 16,985 | 16,909 | 16,863 | |
| Additional paid-in capital | 214,027,327 | 210,079,998 | 207,268,109 | |
| Noncontrolling interests | -168,495 | 5,653,837 | 5,645,605 | |
| Accumulated deficit | -255,335,588 | -241,531,068 | -175,762,124 | |
| Total stockholders' equity | -41,459,771 | -25,780,324 | 37,168,453 | |
| Total liabilities and stockholders' equity | 213,085,387 | 241,411,563 | 196,997,701 | |
Angel Studios, Inc. (ANGX)
Angel Studios, Inc. (ANGX)