Property and Equipment

12 Months Ended

Dec. 31, 2024

Angel Studios, Inc. CIK: 0001671941

Property, Plant and Equipment [Line Items]

Property and Equipment

2. Property and Equipment

Property and equipment consisted of the following as of December 31:

	2024		2023
Computer equipment	$	1,685,254	$	1,630,746
Leasehold improvements		454,082		420,903
Computer software		545,255		386,035
Furniture and fixtures		355,764		355,764
Production equipment		280,512		275,513
Warehouse equipment		106,856		57,936
		3,427,723		3,126,897
Less accumulated depreciation and amortization		(2,648,796)		(1,914,841)
	$	778,927	$	1,212,056

Depreciation and amortization expense on property and equipment for the years ended December 31, 2024, 2023 and 2022 was $0.7 million, $0.7 million and $0.5 million, respectively.