Company: IPST
Filing Date: 2025-12-19
Form Type: S-1/A
Source: 0001213900-25-123872
Chunk: 169

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-19
Form: S-1/A
Chunk 169
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|:------------------------------------------|:----|:--------------------------|------------:|:-----|:----|:--|-----------:|:-----|:----|:--------------------|------------:|:-----|:----|:--|-----------:|:--|
| Net Cash Used in Operating Activities     |     | $                         |  (7,822,000 | )    |     | $ | (6,228,000 | )    |     | $                   | (11,216,000 | )    |     | $ | (8,480,000 | ) |
| Net Cash Used in Investing Activities     |     |                           | (20,947,000 | )    |     |   |    (27,000 | )    |     |                     |    (101,000 | )    |     |   |    (24,000 | ) |
| Net Cash Provided by Financing Activities |     |                           |  29,990,000 |      |     |   |  6,210,000 |      |     |                     |  11,693,000 |      |     |   |  8,358,000 |   |
| Net increase/(decrease) in cash           |     | $                         |  (1,222,000 | )    |     | $ |    (45,000 | )    |     | $                   |     376,000 |      |     | $ |   (146,000 | ) |

Net Cash Used in Operating Activities During the nine months ended September 30, 2025 and 2024, net cash used in operating activities was approximately $(7,822,000) and $(6,228,000), respectively, resulting primarily from net income/(loss) of approximately $185,936,000 and $5,426,000, respectively. During the nine months ended September 30, 2025 and 2024, approximately $(2,427,000) and $583,000, respectively, of cash was (used)/generated by changes in operating account balances of operating assets and liabilities. Non -cashadjustments to reconcile net income/(loss) to net cash used in operating activities were approximately $(191,330,000) and $(12,238,000) in the respective periods. The approximately $(191,330,000) of changes in operating account balances of operating assets and liabilities for the nine months ended September 30, 2025 consisted