Revenue: As of FY2025 Q1, the actual value is USD 1.092 M.EPS: As of FY2025 Q1, the actual value is USD -0.34.EBIT: As of FY2025 Q1, the actual value is USD -3.033 M.<h3>Segment Revenue</h3><ul><li>Products: Net sales of $838,055 for the three months ended March 31, 2025, compared to $1,231,823 for the same period in 2024, a decrease of $393,768.</li><li>Services: Net sales of $253,928 for the three months ended March 31, 2025, compared to $474,336 for the same period in 2024, a decrease of $220,408.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: $271,885 for the three months ended March 31, 2025, compared to $408,537 for the same period in 2024, a decrease of $136,652.</li><li>Operating Loss: - $2,451,177 for the three months ended March 31, 2025, compared to - $2,226,870 for the same period in 2024, an increase in loss of $224,307.</li><li>Net Income / (Loss): - $3,033,047 for the three months ended March 31, 2025, compared to $452,839 for the same period in 2024, a decrease of $3,485,886.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: - $2,031,264 for the three months ended March 31, 2025, compared to - $2,660,083 for the same period in 2024.</li><li>Net Cash Provided by Investing Activities: $65,340 for the three months ended March 31, 2025, compared to $5,090 for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: $1,612,304 for the three months ended March 31, 2025, compared to $3,031,667 for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Direct to Consumer Sales: Increased by 77.0% in revenue and 101.1% in units sold for the three months ended March 31, 2025 compared to the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is focused on growing direct-to-consumer sales, expanding wholesale distribution, and developing the Tribal Beverage Network (TBN) sales channel.</li><li>Non-Core Business: The company is winding down contracts for producing bulk whiskey for third parties to focus on higher-margin activities.</li><li>Priority: Emphasis on increasing sales of high-margin products and reducing overhead costs to improve gross margins.</li></ul>

CASK

Heritage Distilling | 10-Q: FY2025 Q1 Revenue: USD 1.092 M