Company: IPST
Filing Date: 2025-11-17
Form Type: NT 10-Q
Source: 0001788230-25-000172
Chunk: 2

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-11-17
Form: NT 10-Q
Chunk 2
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 will be reflected by the earnings statements to be included in the subject report or portion thereof?                                                                                                                                                                                                                                        |
|     |     | ☒Yes☐No                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|     |     | The Registrant expects to report net revenues of approximately $3.0 million for the quarter ended September 30, 2025 compared $1.8 million for the quarter ended September 30, 2024, an increase of approximately $1.2 million, or 69.7%, period over period. The increase in net revenues resulted primarily from approximately $1.9 million in new revenue for the quarter tied to the Registrant’s $IP token validator service that was launched on September 18, 2025. |

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| The Registrant expects to report net income (after tax) of approximately $196.3 million for the quarter ended September 30, 2025 compared to a net loss of approximately $3.4 million for the quarter ended September 30, 2024.  Of the third quarter 2025 net income, approximately $245.8 million is expected to be attributable to the change in fair value of the Registrant’s intangible digital assets based on the $IP token’s closing price as of September 30, 2025, which amount is expected to be offset by a liability of approximately $49.4 million attributable to estimated deferred federal income taxes attributable to such change in fair value of intangible digital assets, which has not yet been offset by any of the Registrant’s 2024 net operating loss carryforwards of $61.2 million. |

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#### Heritage Distilling Holding Company, Inc.
<div align='center'>(Name of Registrant as Specified in Charter)</div>

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

| Date: November 17, 2025 |     | By: |     | /s/ Justin Stiefel      |
|:------------------------|:----|:----|:----|:------------------------|
|                         |     |     |     | Justin Stiefel          |
|                         |     |     |     | Chief Executive Officer |

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