IP STRATEGY HOLDINGS, INC. (IPST)
IP STRATEGY HOLDINGS, INC. (IPST)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash | 92,703 | 245,282 | 1,674,674 | |
| Accounts receivable | 179,603 | 347,763 | 202,775 | |
| Inventory | 1,573,232 | 1,643,020 | 2,280,270 | |
| Digital assets receivable | 1,478,005 | NaN | NaN | |
| Other current assets | 497,084 | 510,440 | 777,623 | |
| Total current assets | 3,820,627 | 2,746,505 | 4,935,342 | |
| Property and equipment, net of accumulated depreciation | 1,163,473 | 1,238,662 | 4,109,920 | |
| Operating lease right-of-use assets, net | 2,002,024 | 2,125,540 | 2,797,808 | |
| Investment in flavored bourbon llc | 10,928,195 | 10,928,195 | 14,285,222 | |
| Intangible digital assets (note 7) | NaN | NaN | 455,648,074 | |
| Other intangible assets (note 9) | NaN | NaN | 394,171 | |
| Goodwill (note 9) | NaN | NaN | 589,870 | |
| Intangible digital assets | 24,843,905 | NaN | NaN | |
| Other long term assets | 11,964 | 17,965 | 17,965 | |
| Total long term assets | 38,949,561 | 106,011,565 | 477,843,030 | |
| Total assets | 42,770,188 | 108,758,070 | 482,778,372 | |
| Accounts payable | 2,032,911 | 1,979,942 | 3,068,371 | |
| Accrued payroll | 901,951 | 1,586,121 | 1,572,591 | |
| Accrued tax liability | 1,408,353 | 1,559,316 | 1,449,351 | |
| Other current liabilities | 1,252,462 | 536,017 | 688,833 | |
| Operating lease liabilities, current (note xx) | 690,011 | 730,935 | 1,083,271 | |
| Notes payable, current | 2,360,462 | 2,353,998 | 2,358,574 | |
| Accrued interest | 145,131 | 138,692 | 134,554 | |
| Total current liabilities | 8,791,281 | 8,885,021 | 10,355,545 | |
| Operating lease liabilities, net of current portion (note xx) | 1,361,501 | 1,436,077 | 2,325,584 | |
| Notes payable, net of current portion | 203,355 | 220,842 | 238,053 | |
| Accrued interest, net of current portion | NaN | 0 | 0 | |
| Deferred income tax | NaN | NaN | 49,426,794 | |
| Other long term liabilities | NaN | 0 | 0 | |
| Total long-term liabilities | 1,564,856 | 1,656,919 | 51,990,431 | |
| Total liabilities | 10,356,137 | 10,541,940 | 62,345,976 | |
| Preferred stock-Preferred Class A | 21 | 21 | 21 | |
| Preferred stock-Preferred Class B | 0 | 0 | 2 | |
| Common stock, par value 0.0001 per share 985,000,000 shares authorized 514,171 and 482,554 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively | 51 | 962 | 18,323 | |
| Additional paid-in-capital | 311,008,299 | 310,064,480 | 308,612,299 | |
| Accumulated deficit | -278,594,321 | -211,849,333 | 111,801,751 | |
| Total stockholders equity | 32,414,050 | 98,216,130 | 420,432,396 | |
| Total liabilities & stockholders equity | 42,770,188 | 108,758,070 | 482,778,372 | |