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Total gross profit
$1,855,202
Total cost of revenue
$53,342
Total cost of revenue
$1,103,656
Change in fair value of
intangible digital assets
$245,841,410
Gain on
extinguishment of debt
$1,673,127
IPStrategy Segment
$1,908,544
Heritage Distilling
Segment
$1,080,457
Total gross profit
-$23,199
Total other income /
(expense)
$246,839,519
Interest expense
-$497,975
Other income /
(expense)
-$114,619
Change in fair value of
contingency liability
$62,424
Total net revenues
$2,989,001
Income / (loss) before
income taxes
$245,690,687
Operating income / (loss)
-$1,148,832
Total gross profit
$1,832,003
Total cost of revenue
$1,156,998
Net income / (loss)
$196,263,893
Income taxes
$49,426,794
Total operating
expenses
$2,980,835
Product
$1,074,878
Crypto And Related
$53,342
Service
$28,778
General and
administrative
$1,956,900
Sales and marketing
$1,023,935
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Income Statement
source: myfinsight.com
Heritage Distilling Holding Company, Inc. (IPST)
Heritage Distilling Holding Company, Inc. (IPST)