Intangible Assets

12 Months Ended

Dec. 31, 2024

Angel Studios, Inc. CIK: 0001671941

Intangible assets

5. Intangible Assets

Intangible assets consisted of the following as of December 31:

	2024		2023
Domain names	$	2,191,454	$	2,188,489
Less accumulated amortization		(274,299)		(201,299)
	$	1,917,155	$	1,987,190

Amortization expense on intangible assets for the years ended December 31, 2024, 2023 and 2022 was $73.0 thousand, $73.0 thousand and $73.0 thousand, respectively.