Company: IPST
Filing Date: 2025-08-26
Form Type: S-1
Source: 0001213900-25-080839
Chunk: 422

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-26
Form: S-1
Chunk 422
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 Income/(Loss) per share of common stock – diluted       |     | $                   |       (1.97 | ) |     | $    |      (96.45 | ) |

Diluted earnings/(loss) per share reflect the potential dilution of securities that could share in the earnings of an entity. For the year ended December 31, 2024, the calculation of diluted earnings per share includes the dilutive effect of shares issued for the conversion of the convertible notes and related warrants and subtracts the related gains from changes in their respective fair values from net income. The following number of shares of common stock from the potential exercise or conversion of outstanding potentially dilutive securities were excluded from the computation of diluted net income/(loss) per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

|                               |     | For the Years Ended 
        December 31, |     |           |
|                               |     |                2024 |     |      2023 |
| ISOs                          |     |               6,011 |     |     6,178 |
| Equity-classified Warrants    |     |           1,237,928 |     |   116,928 |
| Liability-classified Warrants |     |                   — |     | 2,020,139 |
| Legacy Warrants               |     |           3,439,953 |     |         — |
| Representative Warrants       |     |              84,377 |     |         — |
| Convertible Notes             |     |                   — |     |   431,276 |
| Preferred Stock (A series)    |     |           1,414,736 |     |         — |
| RSU Awards                    |     |             245,589 |     |   116,988 |
| Total                         |     |           6,428,594 |     | 2,691,509 |

F-99 Heritage Distilling Holding Company, Inc.
Notes to Consolidated Financial Statements NOTE 17 — SUBSEQUENT EVENTS For its consolidated financial statements as of December 31, 2024 and for the period then ended, the Company evaluated subsequent events through the date on which those financial statements were issued. Other than the items noted below, there were no subsequent events identified for disclosure as of the date the financial statements were available to be issued. The Underwriting Agreement and the related warrants granted to the Underwriter equal 5%