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IP Strategy Holdings, Inc. (IPST)

Financial Services | Capital Markets | Gig Harbor, United States | NasdaqCM
0.39 USD -0.06 (-13.007%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 0.37 -0.02 (-0.016%) ⇩ (April 17, 2026, 7:35 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:43 p.m. EDT

Despite recent price volatility and a rally in March-April, IPST faces a severe long-term structural crisis driven by negative operating cash flow, massive debt relative to equity, and poor return metrics. The business model of a liquidity vehicle for tokenized royalties (K-pop, distilling) appears fundamentally broken or non-viable, as evidenced by the massive debt load (-$4.7M) and negative operational cash flow (-$15.3M), suggesting the recent price surge is a short-term speculative anomaly likely to correct given the deteriorating fundamentals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.129903
MSTL0.158459
AutoARIMA0.330085
AutoETS0.974874

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 20%
H-stat 9.05
Ljung-Box p 0.001
Jarque-Bera p 0.000
Excess Kurtosis 2.16
Attribute Value
Sector Financial Services
Debt to Equity Ratio 4.828
Revenue per Share 1.148
Market Cap 4,016,707
Forward P/E 1.78
Website https://ir.ipstrategy.co

Info Dump

Attribute Value
52 Week Change -0.9627619
Address1 9,668 Bujacich Road
All Time High 80.0
All Time Low 0.236
Ask 0.69
Ask Size 3
Average Daily Volume10 Day 18,752,120
Average Daily Volume3 Month 3,373,916
Average Volume 3,373,916
Average Volume10Days 18,752,120
Bid 0.4396
Bid Size 19
Book Value 10.177
City Gig Harbor
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.3906
Current Ratio 0.309
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 0.5084
Day Low 0.3411
Debt To Equity 4.828
Display Name IP Strategy
Ebitda -11,287,638
Ebitda Margins -1.14068
Enterprise To Ebitda -0.754
Enterprise To Revenue 0.86
Enterprise Value 8,513,298
Eps Forward 0.22
Eps Trailing Twelve Months -16.03
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.54928
Fifty Day Average Change -0.15867999
Fifty Day Average Change Percent -0.28888726
Fifty Two Week Change Percent -96.276184
Fifty Two Week High 26.6
Fifty Two Week High Change -26.2094
Fifty Two Week High Change Percent -0.9853158
Fifty Two Week Low 0.236
Fifty Two Week Low Change 0.1546
Fifty Two Week Low Change Percent 0.6550847
Fifty Two Week Range 0.236 - 26.6
Financial Currency USD
First Trade Date Milliseconds 1,732,285,800,000
Float Shares 9,910,447
Forward Eps 0.22
Forward P E 1.7754545
Free Cashflow -4,434,219
Full Exchange Name NasdaqCM
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.56188
Gross Profits 5,560,090
Has Pre Post Market Data 1
Held Percent Insiders 0.03009
Held Percent Institutions 0.08434
Implied Shares Outstanding 10,283,429
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 1,762,300,800
Last Split Factor 1:20
Long Business Summary IP Strategy Holdings, Inc. holds IP tokens as a primary reserve asset. It offers public market investors exposure to the $80 trillion programmable intellectual property economy. 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 4,016,707
Market State CLOSED
Max Age 86,400
Message Board Id finmb_636921100
Most Recent Quarter 1,767,139,200
Net Income To Common -138,190,128
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,061,953
Number Of Analyst Opinions 1
Open 0.474
Operating Cashflow -15,328,473
Operating Margins -0.45654
Payout Ratio 0.0
Phone 253 509 0008
Post Market Change -0.015699983
Post Market Change Percent -4.019453
Post Market Price 0.3749
Post Market Time 1,776,468,920
Previous Close 0.449
Price Hint 4
Price To Book 0.03838066
Price To Sales Trailing12 Months 0.40591162
Profit Margins 0.0
Quick Ratio 0.067
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0584
Regular Market Change Percent -13.0067
Regular Market Day High 0.5084
Regular Market Day Low 0.3411
Regular Market Day Range 0.3411 - 0.5084
Regular Market Open 0.474
Regular Market Previous Close 0.449
Regular Market Price 0.3906
Regular Market Time 1,776,456,001
Regular Market Volume 3,111,259
Return On Assets -0.1129
Return On Equity -2.7819102
Revenue Growth 0.533
Revenue Per Share 1.148
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 10,283,427
Shares Percent Shares Out 0.0053
Shares Short 54,401
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 65,024
Short Name IP Strategy Holdings, Inc.
Short Percent Of Float 0.0055
Short Ratio 0.09
Source Interval 15
State WA
Symbol IPST
Target High Price 8.2
Target Low Price 8.2
Target Mean Price 8.2
Target Median Price 8.2
Total Cash 245,282
Total Cash Per Share 0.024
Total Debt 4,741,852
Total Revenue 9,895,521
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -16.03
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.585745
Two Hundred Day Average Change -6.1951447
Two Hundred Day Average Change Percent -0.94069004
Type Disp Equity
Volume 3,111,259
Website https://ir.ipstrategy.co
Zip 98,332