For the year ending 2025-12-31, ANGX had $36,871,407 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -170,491,321 |
| Depreciation and amortization | 14,419,077 |
| Amortization of operating lease assets | 925,838 |
| Stock-based compensation expense | 9,666,985 |
| Net loss (gain) on digital assets | -1,792,728 |
| Miscellaneous (gain)/loss | 1,799,524 |
| Investments in affiliates gain | 271,703 |
| Non-cash interest expense | 1,659,821 |
| Paid-in-kind interest | 6,349,790 |
| Bad debt expense | 233,774 |
| Accounts receivable | 35,122,339 |
| Physical inventory | -447,537 |
| Royalty advance | 1,309,274 |
| Prepaid expenses and other current assets | 6,712,831 |
| Licensing receivables | -8,585,451 |
| Accounts payable and accrued expenses | 32,865,595 |
| Accrued licensing royalties | 11,970,209 |
| Operating lease liabilities | -904,592 |
| Deferred revenue | 44,362,814 |
| Net cash and cash equivalents provided by (used in) operating activities | -83,331,965 |
| Purchases of property and equipment | 509,424 |
| Issuance of notes receivable | 986,386 |
| Collections of notes receivable | 659,513 |
| Sale of digital assets | 99,117 |
| Purchase of intangible assets | 3,006,012 |
| Additions to internal-use software | 8,693,434 |
| Purchase of content | 6,346,681 |
| Investments in affiliates | 36,967,815 |
| Return on investments in affiliates | 165,774 |
| Net cash and cash equivalents used in investing activities | -55,585,348 |
| Repayment of notes payable | 67,053,622 |
| Repayment of loan guarantee | 10,175,490 |
| Receipt of notes payable | 157,340,048 |
| Repayment of accrued settlement costs | 4,371,972 |
| Exercise of stock options | 636,449 |
| Issuance of common stock | 104,148,424 |
| Contribution of equity in noncontrolling interests | 13,730,922 |
| Redemption of equity in noncontrolling interests | 15,753,060 |
| Repurchase of common stock | 437,791 |
| Equity issuance costs | 705,441 |
| Equity issuance costs related to minority interests | 534,299 |
| Debt financing fees | 1,035,448 |
| Net cash and cash equivalents provided by financing activities | 175,788,720 |
| Net increase (decrease) in cash and cash equivalents | 36,871,407 |
| Cash and cash equivalents at beginning of period | 7,211,826 |
| Cash and cash equivalents at end of period | 44,083,233 |
Angel Studios, Inc. (ANGX)
Angel Studios, Inc. (ANGX)