Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 357

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 357
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----|:----|:------------------|----------:|:----|:-----|----------:|
| Amortization of Right-of-Use Assets |     | $                 |   304,217 |     | $    |   365,088 |
| Interest on Lease Liabilities       |     |                   |   657,577 |     |      |   698,609 |
| Operating lease cost                |     |                   |    75,267 |     |      |    39,356 |
| Total lease cost(1)                 |     | $                 | 1,037,061 |     | $    | 1,103,053 |

____________ (1)Included in “Cost of sales”, “Sales and Marketing” and “General and Administrative “expenses in the accompanying consolidated statements of operations.

F-44

Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 10 — LEASES (cont.) The following table presents weighted -averageremaining lease terms and weighted -averagediscount rates for the consolidated operating leases as of September 30, 2025 and 2024, respectively:

|                                                                     |     | September 30, |   |     |      |   |
|                                                                     |     |          2025 |   |     | 2024 |   |
| Weighted-average remaining lease term – operating leases (in years) |     |           4.6 |   |     |  5.8 |   |
| Weighted-average discount rate – operating leases                   |     |            22 | % |     |   22 | % |

The Company’s ROU assets and liabilities for operating leases were $2,797,808 and $3,408,855, respectively, as of September 30, 2025. The ROU assets and liabilities for operating leases were $3,303,158 and $3,941,560, respectively, as of December 31, 2024. The ROU assets for operating leases were included in “Operating Lease Right -of -UseAssets, net” in the accompanying consolidated balance sheets. The liabilities for operating leases were included in the “Operating Lease Liabilities, Current” and “Operating Lease Liabilities, net of Current Portion” in the accompanying consolidated balance sheets. Maturities of lease liabilities for the remainder of 2025 and the years through 2029 and thereafter are