SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table summarizes the Company’s assets and liabilities that are subject to fair value measurement on a recurring basis and the level of inputs used for such measurement:


	As of March 31, 2026
Asset:	Level 1		Level 2		Level 3		Total
Digital Assets Receivable	$	1,478,005	$	—	$	—	$	1,478,005
Intangible Digital Assets	24,843,905		—		—		24,843,905
Total	$	26,321,910	$	—	$	—	$	26,321,910

Schedule of Concentration of Risk


Concentration of Revenues - Heritage Distilling Segment	For the Three Months Ended March 31,
	2026		2025
Customer A	57	%	16	%
Customer B	—	%	25	%
Customer C	—	%	15	%
Customer D	—	%	31	%
Customer E	13	%	—	%
	70	%	87	%

Schedule of Revenue Disaggregated by Sales

The following table presents revenue disaggregated by sales channel:


	For the Three Months Ended March 31,
	2026		2025
Crypto and Related Revenue	$	1,452,503	$	—

Direct to Consumer	$	52,036	$	568,714
Wholesale	193,648		269,341
Third Party	2,184		—
Total Products Net Revenue	247,868		838,055
Spirits Services	11,854		253,928
Total Spirits Revenue from Contracts with Customers	$	259,722	$	1,091,983

Total Net Revenues	$	1,712,225	$	1,091,983