{"schema_version":"secwatch.filing_event.v1","accession":"0001865200-26-000018","form_type":"8-K","ticker":"ANGX","cik":"0001865200","company_name":"Angel Studios, Inc.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.603484+00:00","generated_at":"2026-05-15T13:52:04.443570+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"confidence":"high","headline":"Angel Studios Q4 revenue $109.9M (+254% YoY); net loss $78.6M; guides FY26 EBITDA loss <$25M","bullets":["Full-year 2025 revenue $321.6M (+233% YoY); Angel Guild revenue grew 488% to 65% of total.","Q4 net loss ($0.47)/share vs ($0.26) in prior year; gross margin improved to 60% from 58%.","Guild membership reached 2.2M members; trailing 12-month ARPM $13.67.","DAVID was highest-grossing faith-based animated theatrical opening ever.","Anticipates significantly narrowed adjusted EBITDA loss of less than $25M for full year 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001865200-26-000018","json":"https://secwatch.observer/filing/0001865200-26-000018.json","markdown":"https://secwatch.observer/filing/0001865200-26-000018.md","text":"https://secwatch.observer/filing/0001865200-26-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865200/000186520026000018/0001865200-26-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865200/000186520026000018/angx-20260312x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:52:04.443570+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}