Heritage Distilling Holding Company, Inc. (CASK) Financial Statements (2026 and earlier)

Company Profile

Business Address 9668 BUJACICH ROAD
GIG HARBOR, WA 98332
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 208 - Beverages (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2025
MRQ
12/31/2024
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments453
Cash and cash equivalent453
Receivables639
Inventory, net of allowances, customer advances and progress billings2,472
Inventory2,472
Other current assets356
Total current assets:3,920
Noncurrent Assets
Operating lease, right-of-use asset3,303
Property, plant and equipment5,449
Intangible assets, net (including goodwill)1,011
Goodwill590
Intangible assets, net (excluding goodwill)421
Other noncurrent assets32
Other undisclosed noncurrent assets14,285
Total noncurrent assets:24,080
TOTAL ASSETS:28,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,668
Accounts payable4,979
Accrued liabilities2,689
Debt3,759
Deferred compensation liability391
Other liabilities1,253
Other undisclosed current liabilities740
Total current liabilities:13,812
Noncurrent Liabilities
Long-term debt and lease obligation9,482
Long-term debt, excluding current maturities9,482
Liabilities, other than long-term debt2,937
Other liabilities127
Operating lease, liability2,810
Other undisclosed noncurrent liabilities977
Total noncurrent liabilities:13,397
Total liabilities:27,208
Equity
Equity, attributable to parent, including:792
Preferred stock 0
Common stock1
Additional paid in capital74,925
Deferred compensation equity(1,895)
Accumulated deficit(74,134)
Stockholders' equity note, subscriptions receivable(24,495)
Other undisclosed equity, attributable to parent26,390
Total equity:792
TOTAL LIABILITIES AND EQUITY:28,000

Income Statement (P&L) ($ in thousands)

6/30/2025
TTM
12/31/2024
Revenues8,402
Cost of revenue(232)
Cost of product and service sold(6,277)
Other undisclosed gross profit(6,045)
Gross profit:2,126
Operating expenses(17,045)
Operating loss:(14,919)
Nonoperating income15,638
Investment income, nonoperating3,421
Interest and debt expense(2,536)
Other undisclosed loss from continuing operations before equity method investments, income taxes 
Loss from continuing operations before equity method investments, income taxes:(1,816)
Other undisclosed income from continuing operations before income taxes2,536
Income (loss) from continuing operations before income taxes:720
Income tax expense(9)
Net income (loss) attributable to parent:710
Preferred stock dividends and other adjustments(492)
Other undisclosed net loss available to common stockholders, basic(155)
Net income (loss) available to common stockholders, basic:63
Dilutive securities, effect on basic earnings per share (14,028)
Other undisclosed net loss available to common stockholders, diluted 
Net loss available to common stockholders, diluted:(13,965)

Comprehensive Income ($ in thousands)

6/30/2025
TTM
12/31/2024
Net income (loss):710
Comprehensive income (loss), net of tax, attributable to parent:710

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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