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IP Strategy Holdings, Inc. (IPST)

Financial Services | Capital Markets | Gig Harbor, United States | NasdaqCM
2.34 USD -0.11 (-4.490%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.52 +0.18 (7.692%) ⇧ (July 13, 2026, 7:48 p.m. EDT)

Short-term:★☆☆☆☆Long-term:☆☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:35 a.m. EDT

The immediate outlook is severely compromised by a catastrophic collapse in share price, which has erased over 99% of the company's value since mid-2025. While recent headlines mention operational progress and a share repurchase program, these are irrelevant to an investor when the stock trades at a fraction of its book value and the market capitalization has imploded. The balance sheet is fundamentally broken, with debt nearly five times the equity and massive negative free cash flow, indicating the business is currently burning through capital without generating returns. There is no dividend to provide income, and the lack of a multi-year price history prevents any assessment of long-term business quality or recovery trajectory. The statistical forecast models also predict further downside, though their reliability is low. In summary, this is a distressed security where the fundamental deterioration and price implosion outweigh any potential operational turnaround narratives.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.266764
MSTL0.293794
AutoARIMA0.299432
AutoETS0.299432

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 24%
H-stat 0.23
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 3.61
Attribute Value
Sector Financial Services
Debt to Equity Ratio 14.239
Revenue per Share 19.196
Market Cap 1,688,492
Forward P/E 10.64
Previous Name Heritage Distilling Holding Company, Inc.
Website https://ir.ipstrategy.co

Info Dump

Attribute Value
52 Week Change -0.98929197
Address1 9,668 Bujacich Road
All Time High 1,600.0
All Time Low 2.1
Ask 4.72
Ask Size 1
Average Daily Volume10 Day 68,100
Average Daily Volume3 Month 77,792
Average Volume 77,792
Average Volume10Days 68,100
Bid 3.4
Bid Size 1
Book Value 63.041
City Gig Harbor
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.34
Current Ratio 0.435
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.52
Day Low 2.3
Debt To Equity 14.239
Display Name IP Strategy
Ebitda -11,025,380
Ebitda Margins -1.0461
Enterprise To Ebitda -0.556
Enterprise To Revenue 0.581
Enterprise Value 6,128,074
Eps Forward 0.22
Eps Trailing Twelve Months -319.96
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.2667
Fifty Day Average Change -1.9266999
Fifty Day Average Change Percent -0.4515668
Fifty Two Week Change Percent -98.9292
Fifty Two Week High 532.0
Fifty Two Week High Change -529.66
Fifty Two Week High Change Percent -0.9956015
Fifty Two Week Low 2.1
Fifty Two Week Low Change 0.24000001
Fifty Two Week Low Change Percent 0.11428572
Fifty Two Week Range 2.1 - 532.0
Financial Currency USD
First Trade Date Milliseconds 1,732,285,800,000
Float Shares 664,023
Forward Eps 0.22
Forward P E 10.636363
Free Cashflow -5,086,858
Full Exchange Name NasdaqCM
Full Time Employees 20
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.61268
Gross Profits 6,457,284
Has Pre Post Market Data 1
Held Percent Insiders 0.02866
Held Percent Institutions 0.108780004
Implied Shares Outstanding 721,578
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,776,902,400
Last Split Factor 1:20
Long Business Summary IP Strategy Holdings, Inc. operates as a diversified business centered on digital asset–based infrastructure and intellectual property (“IP”) management, supplemented by a legacy craft spirit. The company operates through Crypto and Related Business and Spirits Business segments. The company's treasury reserve of IP tokens provides direct participation in the Story blockchain ecosystem, which enables on-chain registration, licensing, and monetization of intellectual property. The company was formerly known as Heritage Distilling Holding Company, Inc. and change its name to IP Strategy Holdings, Inc. in February 2026. The company was founded in 2011 and is based in Gig Harbor, Washington.
Long Name IP Strategy Holdings, Inc.
Market us_market
Market Cap 1,688,492
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_636921100
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -201,774,208
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,767,866
Open 2.4
Operating Cashflow -15,750,430
Operating Margins -1.12773
Payout Ratio 0.0
Phone 253 509 0008
Post Market Change 0.18000007
Post Market Change Percent 7.6923113
Post Market Price 2.52
Post Market Time 1,783,986,481
Prev Name Heritage Distilling Holding Company, Inc.
Previous Close 2.45
Price Hint 4
Price To Book 0.0371187
Price To Sales Trailing12 Months 0.16020653
Profit Margins 0.0
Quick Ratio 0.199
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.11
Regular Market Change Percent -4.4898
Regular Market Day High 2.52
Regular Market Day Low 2.3
Regular Market Day Range 2.3 - 2.52
Regular Market Open 2.4
Regular Market Previous Close 2.45
Regular Market Price 2.34
Regular Market Time 1,783,972,801
Regular Market Volume 55,976
Return On Assets -0.21164
Return On Equity -12.55582
Revenue Growth 0.607
Revenue Per Share 19.196
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 721,578
Shares Percent Shares Out 0.0367
Shares Short 26,447
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 34,593
Short Name IP Strategy Holdings, Inc.
Short Percent Of Float 0.0375
Short Ratio 0.5
Source Interval 15
State WA
Symbol IPST
Total Cash 92,703
Total Cash Per Share 0.135
Total Debt 4,615,329
Total Revenue 10,539,471
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -319.96
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 76.38663
Two Hundred Day Average Change -74.04663
Two Hundred Day Average Change Percent -0.96936643
Type Disp Equity
Volume 55,976
Website https://ir.ipstrategy.co
Zip 98,332