IPST · Heritage Distilling Holding Company, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71M | - | $1.76M | $1.84M | $1.71M | - | $2.09M | - |
| Cost of Revenue | $543.1K | - | $1.16M | $47.2K | $45.8K | - | $1.13M | - |
| Gross Profit | $1.17M | - | $1.83M | $227.1K | $408.5K | - | $629.7K | - |
| R&D | - | - | - | - | - | - | - | - |
| SG&A | $2.65M | - | $1.96M | $4.90M | $1.45M | - | $1.44M | - |
| Total Operating Expenses | $67.56M | - | $2.98M | $3.05M | $2.64M | - | $2.71M | - |
| D&A | $296.5K | - | $262.0K | $273.9K | $320.5K | - | $329.0K | - |
| Operating Income | ($66.39M) | - | ($1.15M) | ($2.30M) | ($2.23M) | - | ($2.08M) | - |
| Interest Expense | $12.5K | - | - | $595.3K | $601.0K | - | - | - |
| Income Tax | $0 | - | $49.43M | $9.2K | - | - | - | - |
| Net Income | ($66.74M) | - | $196.26M | ($7.30M) | $452.8K | - | ($3.43M) | - |
| EPS - Basic | ($134.70) | - | $339.40 | $7960.00 | $448.00 | - | ($3208.00) | - |
| EPS - Diluted | ($134.70) | - | $339.40 | $516.00 | $52.00 | - | ($3208.00) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $92.7K | $245.3K | $1.67M | $186.0K | $99.5K | $453.2K | $76.9K | $76.9K |
| Accounts Receivable | $179.6K | $347.8K | $202.8K | $210.7K | $199.3K | $638.9K | $300.5K | - |
| Inventory | $1.57M | $1.64M | $2.28M | $2.32M | $2.51M | $2.47M | $2.76M | $2.76M |
| Accounts Payable | $2.03M | $1.98M | $3.07M | $6.88M | $5.52M | $4.98M | $5.80M | - |
| Current Assets | $3.82M | $2.75M | $4.94M | $3.10M | $3.25M | $3.92M | $5.27M | - |
| Total Assets | $42.77M | $108.76M | $482.78M | $26.54M | $27.06M | $28.00M | $31.09M | - |
| Current Liabilities | $8.79M | $8.89M | $10.36M | $16.44M | $13.94M | $13.81M | $46.50M | - |
| Long-term Debt | $2.56M | $2.57M | $2.60M | $12.98M | $12.96M | $13.24M | $14.97M | $14.27M |
| Total Liabilities | $10.36M | $10.54M | $62.35M | $29.42M | $27.39M | $27.21M | $65.08M | - |
| Stockholders' Equity | $32.41M | $98.22M | $420.43M | ($2.89M) | ($42.97M) | $791.8K | ($38.26M) | - |
| Retained Earnings | ($278.59M) | ($211.85M) | $111.80M | ($84.46M) | ($77.17M) | ($74.13M) | ($74.84M) | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.45M) | - | - | - | ($2.66M) | - | - | - |
| Investing Cash Flow | $2.31M | - | - | - | $5.1K | - | - | - |
| Financing Cash Flow | ($11.0K) | - | - | - | $3.03M | - | - | - |
| CapEx | $0 | - | - | - | $0 | - | - | - |
| Free Cash Flow | ($2.45M) | - | - | - | ($2.66M) | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||
| Gross margin | 68.3% | - | 104.0% | 12.3% | 23.9% | - | 30.2% | - |
| Operating margin | -3877.6% | - | -65.2% | -124.7% | -130.5% | - | -99.6% | - |
| EBITDA margin | -3860.3% | - | -50.3% | -109.8% | -111.7% | - | -83.9% | - |
| Net margin | -3898.1% | - | 11142.3% | -396.0% | 26.5% | - | -164.4% | - |
| Free cash flow margin | -143.3% | - | - | - | -155.9% | - | - | - |
| FCF / Net income | 0.04 | - | - | - | -5.87 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 154.8% | - | 111.1% | 266.2% | 84.7% | - | 68.9% | - |
| Effective tax rate | - | - | 20.1% | - | - | - | - | - |
| Return on assets | -156.1% | - | 40.7% | -27.5% | 1.7% | - | -11.0% | - |
| Return on equity | -205.9% | - | 46.7% | 252.7% | -1.1% | - | 9.0% | - |
| Return on invested capital | -150.0% | - | -0.2% | -18.0% | - | - | - | - |
| Liquidity | ||||||||
| Current ratio | 0.43 | 0.31 | 0.48 | 0.19 | 0.23 | 0.28 | 0.11 | - |
| Quick ratio | 0.26 | 0.12 | 0.26 | 0.05 | 0.05 | 0.10 | 0.05 | - |
| Cash ratio | 0.01 | 0.03 | 0.16 | 0.01 | 0.01 | 0.03 | 0.00 | - |
| Leverage | ||||||||
| Debt / Equity | 0.08 | 0.03 | 0.01 | -4.50 | -0.30 | 16.72 | -0.39 | - |
| Debt / Assets | 0.06 | 0.02 | 0.01 | 0.49 | 0.48 | 0.47 | 0.48 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest coverage | -5312.7x | - | - | -3.9x | -3.7x | - | - | - |
| Equity multiplier | 1.32 | 1.11 | 1.15 | -9.19 | -0.63 | 35.36 | -0.81 | - |
| Liabilities / Assets | 0.24 | 0.10 | 0.13 | 1.11 | 1.01 | 0.97 | 2.09 | - |
| Efficiency | ||||||||
| Asset turnover | 0.04 | - | 0.00 | 0.07 | 0.06 | - | 0.07 | - |
| Inventory turnover | 0.35 | - | 0.51 | 0.02 | 0.02 | - | 0.41 | - |
| Days sales outstanding | 38d | - | 42d | 42d | 43d | - | 53d | - |
| Days inventory outstanding | 1057d | - | 719d | 17896d | 19949d | - | 889d | - |
| Days payable outstanding | 1366d | - | 968d | 53187d | 43946d | - | 1869d | - |
| Cash conversion cycle | -271d | - | -207d | -35249d | -23954d | - | -928d | - |
| Valuation | ||||||||
| P / E | - | - | 1.0x | 0.3x | 3.9x | - | - | - |
| P / B | 0.1x | - | 9.0x | - | - | - | - | - |
| P / S | 1.5x | - | 2154.4x | 404.1x | 408.8x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| Growth | ||||||||
| Revenue growth (YoY) | 0.4% | - | -15.6% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 186.2% | - | 190.9% | - | - | - | - | - |
| Operating income growth (YoY) | -2881.4% | - | 44.8% | - | - | - | - | - |
| Net income growth (YoY) | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 7.8% | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 12304.7% | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$10.12M totalHeritage Distilling Segment$5.17M · 51.1%
IPStrategy Segment$4.95M · 48.9%
Product / service
$19.49M totalProduct And Service$5.17M · 26.5%
Crypto And Related$4.95M · 25.4%
Product$4.20M · 21.5%
Direct To Consumer$2.96M · 15.2%
Wholesale$1.24M · 6.4%
Service$968.9K · 5.0%
Peer comparison
Same SIC group: Beverages
Comparing Heritage Distilling Holding Company against the 5 most active filers in the same SIC group.