Company: IPST
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001213900-25-099309
Chunk: 137

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 137
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      19.90 |   |     |        |      (20.67 | ) |
| Weighted Average Common Shares Outstanding, Basic |     |                      | 11,000,519 |      |     |   |    421,799 |   |     | $      |  10,578,720 |   |
| Net Income/(Loss) Per Share, Diluted              |     | $                    |      (0.77 | )    |     | $ |       1.29 |   |     | $      |       (2.06 | ) |
| Weighted Average Common Shares Outstanding,       
 Diluted                                           |     |                      | 11,000,519 |      |     |   |  4,573,063 |   |     |        |   6,427,456 |   |

Net Sales

|          | Total Sales | Three Months Ended June 30, 
 (rounded to $000’s)         |      2025 |     |   |      2024 |     | Change |          |   |
|:---------|:------------|:----------------------------|----------:|:----|:--|----------:|:----|:-------|:---------|:--|
| Products |             | $                           | 1,060,000 |     | $ | 1,445,000 |     | $      | (385,000 | ) |
| Services |             |                             |   261,000 |     |   |   399,000 |     |        | (138,000 | ) |
|          |             | $                           | 1,321,000 |     | $ | 1,844,000 |     | $      | (523,000 | ) |

77

Net sales were approximately $1,321,000 and $1,844,000 for the three months ended June 30, 2025 and 2024, respectively, a decrease of approximately $523,000, or 28.4%, period over period. The approximately $385,000 net decrease in products sales, period over period, included:

| Products Sales 
 2025           |     | Three Months Ended June 30, 
 (rounded to $000’s)         |      2024 |     |   |           |     | Change |          |   |
|:---------------|:----|:----------------------------|----------:|:----|:--|----------:|