Company: IPST
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001788230-25-000126
Chunk: 25

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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,122)(9,150)(3,122)(9,150)Net Income / (Loss)$(7,295,078)$8,406,501 $(10,328,125)$8,859,341 Net Income / (Loss) Per Share, Basic$(0.77)$19.90 $(1.16)$20.97 Weighted Average Common Shares Outstanding, Basic11,000,519 421,799 10,335,057421,799Net Income / (Loss) Per Share, Diluted (See Note 13)$(0.77)$1.29 $(1.16)$(2.44)Weighted Average Common Shares Outstanding, Diluted11,000,519 4,573,063 10,335,057 4,573,063

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

5

Heritage Distilling Holding Company, Inc.

Condensed Consolidated Statements of Stockholders’ Equity / (Deficit)(unaudited)

Common StockPreferred Stock - Series APreferred Stock - Series BAccumulatedEquity / (Deficit)TotalStock-holders’Equity / (Deficit)Number of SharesPar ValueNumber of SharesPar ValueNumber of SharesPar ValueAdditionalPaid-inCapitalBeginning Balance March 31, 20256,921,564$721 494,840$49 167,981$17 $76,837,302 $(77,167,065)$(328,976)Private Placement of Series B Preferred Stock (and warrants) (See Note 7)———— 111,20011 1,111,990 — 1,112,001 ELOC Agreement Sales of Common Stock 1,107,439111—— —— 497,537 — 497,648 Exercise of Prepaid Warrants to Purchase Common Stock1,815,999182—— —— (182)— — Exercise of Common Warrants to Purchase Common Stock109,94511—— —— (11)— — Exchange of Prepaid Warrants to Purchase Common Stock for Series B Preferred Stock———— 55,9174 (4)— — Exchange of Series A Preferred Stock and Related Warrants for Series B Preferred Stock——(284,140)(28)409,25642 (14)— — RSUs Vested2,772,939275—— —— (275)— — RS