FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2025

Dec. 31, 2024

Fair Value Disclosures [Abstract]

SCHEDULE OF AGGREGATE FAIR VALUE OF FINANCIAL INSTRUMENTS

The following table provides a roll forward of the aggregate fair values of the Company’s financial instruments described above, for which fair value is determined using Level 3 inputs:

		2022 and 2023 Convertible Notes				Whiskey Special Ops Notes				2022 Notes Warrant Liabilities				Whiskey Special Ops Notes Warrant Liabilities
Balance as of January 1, 2024		$	36,283,890			$	1,452,562			$	794,868			$	1,512,692
Fair value measurement liability, beginning balance		$	36,283,890			$	1,452,562			$	794,868			$	1,512,692
Issuances			—				2,813,850				—				302,020
Change in Fair Value			(16,275,433	)			16,846,522				817,454				(1,247,662	)
Balance as of March 31, 2024		$	20,008,457			$	21,112,934			$	1,612,322			$	567,050
Fair value measurement liability, ending balance		$	20,008,457			$	21,112,934			$	1,612,322			$	567,050

The following table provides a roll forward of the aggregate fair values of the Company’s financial instruments described above, for which fair value is determined using Level 3 inputs:

		2022 and 2023 Convertible Notes				Whiskey Special Ops Notes				2022 Notes Warrant Liabilities				Whiskey Special Ops Notes Warrant Liabilities
Balance as of January 1, 2022		$	8,041,000			$	—			$	433,000			$	—
Issuances			5,577,125				1,353,473				12,874				1,621,527
Change in Fair Value			22,665,765				99,089				348,994				(108,835	)
Converted to Equity
Balance as of December 31, 2023			36,283,890				1,452,562				794,868				1,512,692
Fair value measurement liability, beginning balance			36,283,890				1,452,562				794,868				1,512,692
Issuances			—				3,353,850				—				302,020
Change in Fair Value			(21,005,722	)			6,977,656				1,078,132				(1,814,712	)
Converted to Equity		$	(15,278,168	)		$	(11,784,068	)		$	(1,873,000	)		$	—
Balance as of December 31, 2024		$	—			$	—			$	—			$	—
Fair value measurement liability, ending balance		$	—			$	—			$	—			$	—

SCHEDULE OF FAIR VALUE HIERARCHY OF THE VALUATION

		December 31, 2024				December 31, 2023
		Fair Value Measurement as of
		December 31, 2024				December 31, 2023
2022 and 2023 Convertible Notes		$	—			$	36,283,891
Whiskey Special Ops 2023 Notes			—				1,452,562
Warrant Liabilities 2022 and 2023 Convertible Notes			—				794,868
Warrant Liabilities Whiskey Special Ops			—				1,512,692
Total Liabilities at Fair Value		$	—			$	40,044,013

SCHEDULE OF UNOBSERVABLE INPUTS

SCHEDULE OF UNOBSERVABLE INPUTS

		December 31, 2023
Significant Unobservable Input		Input Range				Weighted Average
Discount Rate			48.5	%			48.5	%
Expected Term (in years)			0.122 – 1.081				0.122 – 1.081
Probability Scenarios
IPO			70	%
deSPAC			0	%
Default/Dissolution/Forced Liquidation			20	%
Held to Maturity			10	%

		December 31, 2023
Significant Unobservable Input		Input Range				Weighted Average
Discount Rate			54	%			91.3	%
Expected Term (in years)			0.125 – 0.667				0.125 – 0.667
Probability Scenarios
IPO			70	%
deSPAC			0	%
Default/Dissolution/Forced Liquidation			20	%
Held to Maturity			10	%

		December 31, 2023
Significant Unobservable Input		Input Range				Weighted Average
Expected Term (in years)			0.122 – 1.081
Volatility			70	%			70	%
Risk-free Rate			74	%			74	%
Probability scenarios
IPO			70	%
deSPAC			0	%
Default/Dissolution/Liquidation			20	%
Held to Maturity			10	%

		December 31, 2023
Significant Unobservable Input		Input Range				Weighted Average
Expected Term (in years)			0.125 – 4.667
Volatility			70	%			70	%
Risk-free Rate			3.87	%			3.87	%
Probability scenarios
IPO			70	%
deSPAC			0	%
Default/Dissolution/Liquidation			20	%
Held to Maturity			10	%

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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