Thirty four days before Elizabeth Holmes reported to federal prison, she invited a skeptical film crew into her life and allowed cameras inside her home.
The footage became You Can See Everything, a previously secret A24 documentary directed by Nathan Fielder and Lance Oppenheim. Its first teaser shows Holmes sitting across from Fielder and insisting that she has no reason to deceive him.
“I’m always being real,” Holmes tells him before the camera pulls back to reveal her infant daughter nearby. PEOPLE reports that the scene was filmed before Holmes surrendered to Federal Prison Camp Bryan in Texas on May 30, 2023.
A24 says the documentary begins 34 days before Holmes goes to prison and follows a journey lasting three years. The film was finally revealed during a surprise screening at the Telluride Film Festival on September 6.
Holmes Tells Fielder, ‘I’m Always Being Real’
The teaser opens with Holmes and Fielder facing each other on a couch. “I don’t have anything to deceive you on,” Holmes tells him before saying she is engaging with him as another human being and has no reason to lie to him.
Fielder responds briefly before asking, “You’re being real right now?” Holmes answers, “I’m always being real.” The camera then pulls back far enough to reveal her baby beside them.
Holmes was living with her partner, Billy Evans, and their two young children in California before reporting to prison. The documentary filmed the family during that period rather than recreating it years later.
Fielder Lived With Holmes Before She Reported to Prison
Vanity Fair reports that Fielder stayed in Holmes and Evans’ home during the days leading up to her imprisonment. He appears on camera throughout the documentary and interviewed both of them extensively.
The film continues after Holmes begins serving her sentence. Fielder and Oppenheim worked on the documentary for three years, using filmed access and reenactments as the project moved beyond the weeks shown in the teaser.
The completed film runs 174 minutes. After its September 6 Telluride screening, Fielder told an audience during a Q&A moderated by Emma Stone that he was still trying to understand what he had experienced while making it.
Holmes Was Convicted on Four Investor Fraud Counts
A federal jury convicted Holmes in January 2022 of one count of conspiracy to defraud Theranos investors and three counts of wire fraud involving individual investors. The U.S. Attorney’s Office for the Northern District of California says the transfers involved in the four convictions totaled more than $140 million.
The jury acquitted Holmes of the patient fraud conspiracy charge and three fraud counts involving patients. Jurors could not reach unanimous verdicts on three additional investor fraud counts, and another patient related wire fraud count had been dismissed during the trial.
U.S. District Judge Edward Davila sentenced Holmes to 135 months in federal prison in November 2022. The Ninth Circuit upheld her conviction and sentence in February 2025.
Holmes has continued to maintain her innocence. In a 2025 PEOPLE interview from prison, she said she refused to plead guilty to crimes she says she did not commit.
A24 Will Release the Documentary in October
You Can See Everything had its world premiere in Telluride’s Werner Herzog Theater as a 174 minute mystery screening. Festival organizers had advertised the slot only as a TBA and required attendees to lock away phones, smart watches and other personal devices before entering.
Fielder directed the film with Oppenheim, whose other work includes Some Kind of Heaven, Ren Faire and the Robert Pattinson film Primetime. Holmes’ Theranos story has previously been covered in documentaries, podcasts and Hulu’s The Dropout, which starred Amanda Seyfried.
A24 plans to release You Can See Everything in theaters in October 2026. The studio has not announced a specific theatrical date.