Company: IPST
Filing Date: 2025-04-28
Form Type: 10-K
Source: 0001788230-25-000048
Chunk: 222

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-04-28
Form: 10-K
Item: Item 8
Chunk 222
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96.45)Weighted Average Common Shares Outstanding, Basic1,281,339381,543Net Income / (Loss) Per Share, Diluted (See Note 16)$(1.97)$(96.45)Weighted Average Common Shares Outstanding, Diluted7,077,759381,543

The accompanying notes are an integral part of these consolidated financial statements.

F-3

Heritage Distilling Holding Company, Inc.

Consolidated Statements of Stockholders’ Equity / (Deficit)

Common StockPreferred Stock - Series AAdditionalPaid-inCapitalAccumulatedEquity / (Deficit)TotalStockholders’Equity / (Deficit)Number of SharesPar ValueNumber of SharesPar ValueBeginning Balance December 31, 2023381,484$67 — $— $31,421,953 $(74,844,476)$(43,422,456)Acquisition of Thinking Tree Spirits50,958 5 — — 670,681 — 670,686 Private Placement of Preferred Stock - Series A— — 329,060 33 3,290,567 — 3,290,600 Preferred Stock issued in Exchange for Factoring Agreements— — 71,991 7 719,912 — 719,919 Preferred Stock issued in Exchange for Warrants— — 93,789 9 (9)— Initial Public Offering of Common Stock 1,687,500 169 — — 3,591,910 — 3,592,079 Private Placement of Common Warrants— — — — 1,397,998 — 1,397,998 Issuance of Warrants to Purchase Common Stock— — — — 8,828 — 8,828 Exercise of Warrants to Purchase Common Stock317,853 32 — — (32)— — Common Stock Exchanged for Prepaid Warrants (32,728)(3)— — 3 — — 2022 Convertible Note Warrants Reclassified from Liability to Equity— — — — 1,873,000 — 1,873,000 Conversion of 2022 and 2023 Convertible Notes to Equity 3,819,542 382 — — 15,277,786 — 15,278,168