What is ANGX's increase (decrease) in prepaid royalties?

ANGX (ANGX) reported increase (decrease) in prepaid royalties of $4.91M in Q1 2026.

What does increase (decrease) in prepaid royalties mean?

Measures the change in advance payments made to content creators or intellectual property owners for future rights. An increase represents a cash outflow for future content access, while a decrease indicates the recognition of these costs as expenses. It serves as a leading indicator of the company's investment in its content pipeline.

ANGX ANGX Increase (Decrease) in Prepaid Royalties

Increase (Decrease) in Prepaid Royalties at other companies

Angel Studios, Inc.ANGX

$4.91M—

HealthStreamHSTM

$1.7M+41.3%

Warner Music GroupWMG

$65M-23.5%

Reservoir Media, Inc.RSVR

-$524.49K—

Alliance Resource PartnersARLP

$305.5K-56.1%

OmerosOMER

-$7.34M-9.9%

Other financials

Income statement

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Revenue$115.1M+143%

Gross profit$71.1M+154%

Operating income-$2.7M+92.1%

Net income-$13.8M+63.0%

EPS (diluted)-$0.08+68.0%

Balance sheet

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Cash & equivalents$38.9M+10,871%

Total debt$64.8M—

Total equity-$10.2M-184%

Total assets$213.1M+20,635%

Cash flow

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Operating cash flow$1.9M+119%

Valuation

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Market cap$546.03M-74.4%

Enterprise value$571.99M—

P/S1.4×—

Profitability

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Gross margin61.6%—

Operating margin-28.8%—

Net margin-34.1%—

Returns & leverage

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Current ratio0.6×+0.5×

Where this comes from

Reported directly by ANGX in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidRoyalties.

The official record: ANGX’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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What is ANGX's increase (decrease) in prepaid royalties?: ANGX (ANGX) reported increase (decrease) in prepaid royalties of $4.91M in Q1 2026.
What does increase (decrease) in prepaid royalties mean?: Measures the change in advance payments made to content creators or intellectual property owners for future rights. An increase represents a cash outflow for future content access, while a decrease indicates the recognition of these costs as expenses. It serves as a leading indicator of the company's investment in its content pipeline.