Company: IPST
Filing Date: 2025-04-28
Form Type: 10-K
Source: 0001788230-25-000048
Chunk: 225

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-04-28
Form: 10-K
Item: Item 8
Chunk 225
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— (262,896)Common Stock Shares Repurchased(3,690)(11,340)Net Cash Provided by Financing Activities11,693,239 8,357,702 Net Increase (Decrease) in Cash376,284 (146,156)Cash – Beginning of Period76,878 223,034 Cash – End of Period$453,162 $76,878 Supplemental Cash Flow Information related to Interest Paid & Income Taxes Paid:Cash Paid during the Period for:Interest Expense$2,189,265 $2,091,366 Income Tax Expense$1,650 $7,000 Supplemental Schedule of Non-cash Investing and Financing Activities:Right-of-use Assets Obtained in Exchange for New Operating Lease Liabilities$152,821 $290,060 Transaction Costs Associated with S-1 Filing in Accounts Payable and Other Current Liabilities$1,676,494 $1,020,004 Deferred Transaction Costs Applied Against IPO Proceeds$2,054,454 $— Common Stock Issued in Conjunction with Acquisition of Thinking Tree Spirits$670,686 $— Unpaid Property and Equipment Additions$204,366 $194,366 Preferred Stock and Warrants Issued in Exchange for Barrels and Inventory$1,265,600 $— Preferred Stock and Warrants Issued in Exchange for Factoring Agreement Notes Payable Including Interest and Fees$719,919 $— Preferred Stock Issued in Exchange for Warrants$9 $— Conversion of 2022 and 2023 Convertible Notes to Equity$15,278,168 $— 2022 Convertible Notes Warrants reclassified from Liability to Equity$1,873,000 $— Conversion of Whiskey Notes and Related Warrant Liabilities to Equity$11,784,068 $— Exercise of Warrants to Purchase Common Stock$32 $— Common Stock Exchanged for Prepaid Warrants (2022 and 2023 Convertible Notes) $193 $— Common Stock Exchanged for Prepaid Warrants (Whiskey Notes and related Warrant Liabilities)$197 $— Prepaid Warrants Issued in Exchange for Common Stock$3 $— 

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