Company: IPST
Filing Date: 2025-08-26
Form Type: S-1
Source: 0001213900-25-080839
Chunk: 263

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-26
Form: S-1
Chunk 263
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) 509 -0008. 160

HERITAGE DISTILLING HOLDING COMPANY, INC.
CONSOLIDATED FINANCIAL STATEMENTS Index to Consolidated Financial Statements

| Unaudited Interim Condensed Consolidated Financial Statements for the Three and Six Month Periods ended June 30, 2025 and 2024 
 Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024                                                |     | Page 
 F-2  |
|:-------------------------------------------------------------------------------------------------------------------------------|:----|:-----|
| Condensed Consolidated Statements of Operations for the Three and Six Months ended June 30, 2025 and 2024                      |     | F-3  |
| Condensed Consolidated Statements of Stockholders’ Equity/(Deficit) for the Three and Six Months ended June 30, 2025 and 2024  |     | F-4  |
| Condensed Consolidated Statements of Cash Flows for the Six Months ended June 30, 2025 and 2024                                |     | F-6  |
| Notes to Unaudited Condensed Consolidated Financial Statements                                                                 |     | F-8  |
| Audited Consolidated Financial Statements for the years ended December 31, 2024 and 2023                                       |     |      |
| Report of Independent Registered Public Accounting Firm (PCAOB ID 688)                                                         |     | F-47 |
| Consolidated Balance Sheets as of December 31, 2024 and 2023                                                                   |     | F-48 |
| Consolidated Statements of Operations for the Years Ended December 31, 2024 and 2023                                           |     | F-50 |
| Consolidated Statements of Changes in Stockholders’ Deficit for the Years Ended December 31, 2024 and 2023                     |     | F-51 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2024 and 2023                                           |     | F-53 |
| Notes to Consolidated Financial Statements                                                                                     |     | F-55 |

F-1

Heritage Distilling Holding Company, Inc.
Condensed Consolidated Balance Sheets
(unaudited)

|                                                                                                                                                                                          |     |   |    June 30, 
        2025 |   |     |   | December 31, 
         2024 |   |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--|