Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 210

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 210
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 — |   |     |                    |                  — |   |
| Net                                 
 Income / (Loss)                     |     |           |       — |     |       |  — |     | - |   |                 |               — |   |     |             |     452,839 |   |     |                    |            452,839 |   |
| Ending Balance March 31, 2024       |     |           | 432,442 |     | $     | 72 |     | - | - | $               |      31,421,948 |   |     | $           | (74,391,637 | ) |     | $                  |        (42,969,617 | ) |
| Balance                             |     |           | 432,442 |     | $     | 72 |     | - | - | $               |      31,421,948 |   |     | $           | (74,391,637 | ) |     | $                  |        (42,969,617 | ) |

<div align='center'>The accompanying notes are an integral part of these condensed consolidated financial statements.</div>

| 130 |

<div align='center'>Heritage Distilling Holding Company, Inc.

Condensed Consolidated Statements of Cash Flows

(unaudited)</div>

|                                                                                                                                            |     | For                          
 the Three Months Ended March 
 31,                          
 2025                         |       2025 |   |     | 2024 |       2024 |   |
|:-------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------------------------|-----------:|:--|:----|:-----|-----------:|:--|
| Net Income / (Loss)                                                                                                                        |     | $                            | (3,033,047 | ) |     | $    |    452,839 |   |
| Adjustments to Reconcile Net Income / (Loss)                                                                                               
 to Net Cash Used in Operating Activities:                                                                                                  |     |                              |            |   |     |      |            |   |
| Depreciation Expense                                                                                                                       |     |                              |    296,528 |   |     |      |    320,465 |   |
| Amortization of operating lease right-of-use                                                                                               
 assets                                                                                                                                     |     |                              |     95,657 |   |     |      |    144,384 |   |
| Non-cash Warrant Issued                                                                                                                    |