Company: IPST
Filing Date: 2025-08-26
Form Type: S-1
Source: 0001213900-25-080839
Chunk: 331

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-26
Form: S-1
Chunk 331
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) per share by dividing net income/(loss) for the period by the weighted -averagenumber of common shares outstanding during the period, plus the dilutive effect of the stock options, RSU awards and exercisable F-41

Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 13 — BASIC AND DILUTED NET INCOME/(LOSS) PER SHARE (cont.) common stock warrants, as applicable pursuant to the treasury stock method, and the convertible notes, as applicable pursuant to the if -convertedmethod. The following table sets forth the computation of basic and diluted net income/(loss) per share:

| Basic earnings per share of common stock:                      
 Numerator:                                                     |     | For the Three Months Ended 
 June 30,                   
 2025                       |            |   |     | 2024 |            |   |     | For the Six Months Ended 
 June 30,                 
 2025                     |             |   |     | 2024 |             |   |
|:---------------------------------------------------------------|:----|:---------------------------|-----------:|:--|:----|:-----|-----------:|:--|:----|:-------------------------|------------:|:--|:----|:-----|------------:|:--|
| Net Income/(Loss) for the period                               |     | $                          | (7,295,078 | ) |     | $    |  8,406,501 |   |     | $                        | (10,328,125 | ) |     | $    |   8,859,341 |   |
| Preferred stock dividend                                       |     |                            | (1,178,544 | ) |     |      |    (13,537 | ) |     |                          |  (1,650,573 | ) |     |      |     (13,537 | ) |
| Net Income/(Loss) for the period – basic                       |     | $                          | (8,473,622 | ) |     | $    |  8,392,964 |   |     | $                        | (11,978,698 | ) |     | $    |   8,845,804 |   |
| Denominator:                                                   |     |                            |            |   |     |      |            |   |     |                          |             |   |     |      |             |   |
| Weighted average number