Security
IP Strategy Holdings, Inc. Common Stock · IPST
IPSTNASDAQCommon stockCurrentCIK 1788230Updated Oct 4, 2026
Name history
Heritage Distilling Holding Company, Inc. · through Feb 3, 2026
IPST price & chart
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IP Strategy to Participate in Virtual Fireside Chat Hosted by Seaport Research Partners ↗
Recent filings
SCHEDULE 13G - filed by JANE STREET GROUP, LLC regarding IP STRATEGY HOLDINGS, INC.
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01, 9.01
NT 10-Q filing
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders
Items 5.02, 5.07, 9.01
Show 5 more recent filings
S-3 filing
10-Q filing
NT 10-Q filing
Other Events
Items 8.01, 9.01
4 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 108,758,070Source | 28,000,026Source | 26,268,232Source |
| Property, Plant and Equipment, NetUSD | 1,238,662Source | 5,449,412Source | 6,428,112Source |
| GoodwillUSD | 0Source | 589,870Source | 0Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 0Source | — | — |
| Current assets: | |||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 347,763Source | 638,890Source | 721,932Source |
| Inventory, NetUSD | 1,643,020Source | 2,471,567Source | 2,756,350Source |
| Assets, CurrentUSD | 2,746,505Source | 3,919,547Source | 5,272,810Source |
| Operating Lease, Right-of-Use AssetUSD | 2,125,540Source | 3,303,158Source | 3,658,493Source |
| Other Assets, NoncurrentUSD | 17,965Source | 31,666Source | 44,817Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 10,541,940Source | 27,208,259Source | 69,690,688Source |
| Stockholders’ equity: | |||
| Preferred Stock, Value, IssuedUSD | — | 49Source | 0Source |
| Common Stock, Value, IssuedUSD | 962Source | 556Source | 67Source |
| Additional Paid in CapitalUSD | 310,064,480Source | 74,925,180Source | 31,421,953Source |
| Retained Earnings (Accumulated Deficit)USD | -211,849,333Source | -74,134,018Source | -74,844,476Source |
| Stockholders' Equity Attributable to ParentUSD | 98,216,130Source | 791,767Source | -43,422,456Source |
| Liabilities and EquityUSD | 108,758,070Source | 28,000,026Source | 26,268,232Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 8,885,021Source | 13,811,514Source | 62,848,642Source |
| Operating Lease, Liability, CurrentUSD | 730,935Source | 1,131,545Source | 1,294,706Source |
| Accounts Payable, CurrentUSD | 1,979,942Source | 4,979,353Source | 5,228,786Source |
| Operating Lease, Liability, NoncurrentUSD | 1,436,077Source | 2,810,015Source | 3,081,924Source |
| Other Liabilities, NoncurrentUSD | 0Source | 127,075Source | 0Source |
| Additional Financial Items | |||
| Deferred Compensation EquityUSD | — | 1,894,615Source | — |
| Long-term DebtUSD | 2,574,840Source | 13,240,934Source | 14,270,956Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 1,064,100Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 4,487,314Source | 4,892,110Source | 18,594Source |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | -291,127Source | -83,042Source | 227,218Source |
| Increase (Decrease) in InventoriesUSD | -484,791Source | -1,409,180Source | -885,547Source |
| Increase (Decrease) in Accounts PayableUSD | -2,999,412Source | -672,348Source | 1,078,467Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -15,328,473Source | -11,215,623Source | -8,479,746Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -16,519,305Source | -101,331Source | -24,112Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 74,754Source | 106,421Source | 26,512Source |
| Cash flows from financing activities: | |||
| Payments for Repurchase of Common StockUSD | 2,000Source | 3,690Source | 11,340Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 31,639,898Source | 11,693,239Source | 8,357,702Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -207,880Source | 376,284Source | -146,156Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 245,282Source | 453,162Source | 76,878Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,620,725Source | 2,189,265Source | 2,091,366Source |
| Income Taxes Paid, NetUSD | 3,122Source | 1,650Source | 7,000Source |
| Additional Financial Items | |||
| Share-based Payment Arrangement, ExpenseUSD | 0Source | 0Source | 18,595Source |
| DepreciationUSD | 1,064,100Source | 1,284,653Source | 1,430,240Source |
| Gain (Loss) on InvestmentsUSD | -3,357,027Source | 3,421,222Source | 0Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -991,646Source | -241,541Source | -43,290Source |
| Gain (Loss) on Extinguishment of DebtUSD | 1,673,127Source | — | — |
| General and Administrative ExpenseUSD | 12,414,810Source | 11,006,021Source | 7,477,285Source |
| GoodwillUSD | 0Source | 589,870Source | 0Source |
| Income Tax Expense (Benefit)USD | -8,490Source | 9,150Source | 7,000Source |
| InterestExpenseNonoperatingUSD | 1,642,234Source | 2,535,701Source | 2,526,740Source |
| Net Income (Loss) Attributable to ParentUSD | -137,715,315Source | 710,458Source | -36,798,419Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -138,190,121Source | 62,813Source | -36,798,419Source |
| Nonoperating Income (Expense)USD | -3,779,374Source | 15,638,418Source | -25,526,860Source |
| Operating ExpensesUSD | 139,504,521Source | 17,044,657Source | 13,415,600Source |
| Other Nonoperating Income (Expense)USD | -390,816Source | -11,750Source | 4,893Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 5,960,000Source | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 10,119,387Source | 8,402,488Source | 7,971,224Source |
| Cost of RevenueUSD | — | 6,276,641Source | 5,820,183Source |
| Operating Income (Loss)USD | -133,944,431Source | -14,918,810Source | -11,264,559Source |
| Other Nonoperating Income (Expense)USD | -390,816Source | -11,750Source | 4,893Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -137,723,805Source | 719,608Source | -36,791,419Source |
| Income Tax Expense (Benefit)USD | -8,490Source | 9,150Source | 7,000Source |
| Net Income (Loss) Attributable to ParentUSD | -137,715,315Source | 710,458Source | -36,798,419Source |
| Earnings Per Share, BasicUSD per share | -16.03Source | 0.05Source | -96.45Source |
| Earnings Per Share, DilutedUSD per share | -16.03Source | -1.97Source | -96.45Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,619,951Source | 1,281,339Source | 381,543Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,619,951Source | 7,077,759Source | 381,543Source |
| Interest Expense (non-operating)USD | 1,642,234Source | 2,535,701Source | 2,526,740Source |
| Additional Financial Items | |||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0Source | 0Source | — |
| Gain (Loss) on InvestmentsUSD | -3,357,027Source | 3,421,222Source | 0Source |
| General and Administrative ExpenseUSD | 12,414,810Source | 11,006,021Source | 7,477,285Source |
| Gross ProfitUSD | 5,560,090Source | 2,125,847Source | 2,151,041Source |
| Management Fee ExpenseUSD | 180,000Source | 180,000Source | 180,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -138,190,121Source | 62,813Source | -36,798,419Source |
| Nonoperating Income (Expense)USD | -3,779,374Source | 15,638,418Source | -25,526,860Source |
| Operating ExpensesUSD | 139,504,521Source | 17,044,657Source | 13,415,600Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | 474,806Source | 492,366Source | 0Source |
| Selling and Marketing ExpenseUSD | 5,497,018Source | 6,038,636Source | 5,938,315Source |
Offerings
Registration 333-296431
Filing attachments
ex107.htm · S-3 · 2026-06-02
Calculation of Filing Fee Tables S-3 IP STRATEGY HOLDINGS, INC. ──────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit…
Read attachment ↗ex4-1.htm · S-3 · 2026-06-02
Exhibit 4.1 INDENTURE Dated as of ____________, 20__ Between IP Strategy Holdings, Inc. as Issuer And [__________________________], as Trustee ___________________ Debt Securities ____________________ TABLE OF CONTENTS Page ARTICLE DEFINITIONS I …
Read attachment ↗ex-411xformofdebtorexchang.htm · 10-K · 2026-04-14
Exhibit 4.11 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANS…
Read attachment ↗ex-413xdescriptionofcapita.htm · 10-K · 2026-04-14
Exhibit 4.13 DESCRIPTION OF THE REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 The following description of the terms of the securities of IP Strategy Holdings, Inc. (“we”, “our”, “us” or the “Company”) registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended, is a summary and is not complete and is qualified in its entirety by reference to our Third Amended and Restated Certificate of Incorporation (the “Certifica…
Read attachment ↗ex-41xipstxcommonstockcert.htm · 10-K · 2026-04-14
SEE REVERSE SIDE FOR RESTRICTIVE LEGEND(S) Exhibit 4.1 FORM OF COMMON STOCK CERTIFICATE OF Number ____ IP STRATEGY HOLDINGS, INC. *_________* Shares a Delaware Corporation Common Stock ─────────────────────────────────────────────────────────────────────── THIS CERTIFIES THAT______________________________ is the record holder of _____________________ (____________) fully paid and non-assessable shares of Common Stock of IP Strategy Holdings, Inc., …
Read attachment ↗ex-42xipstxpreferredstockc.htm · 10-K · 2026-04-14
SEE REVERSE SIDE FOR RESTRICTIVE LEGEND(S) Exhibit 4.2 FORM OF PREFERRED STOCK CERTIFICATE OF Number ____ IP STRATEGY HOLDINGS, INC. *_________* Shares [Series __] Preferred Stock a Delaware Corporation ──────────────────────────────────────────────────────────────────────────────── THIS CERTIFIES THAT______________________________ is the record holder of _____________________ (____________) fully paid and n…
Read attachment ↗