Company: BOF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021655
Chunk: 109

Company: BranchOut Food Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 109
---
  
    $2,181,495  
    $1,038,532 
  
    Cost of goods sold 
     2,650,477  
     1,845,155  
     805,322 
  
    Gross profit 
     569,550  
     336,340  
     233,210 
  
    Gross margin 
     17.7% 
     15.4% 

    Operating expenses: 

    General and administrative 
     897,512  
     316,688  
     580,824 
  
    Salaries and benefits 
     422,069  
     309,433  
     112,636 
  
    Professional services 
     248,640  
     369,525  
     (120,885)
  
    Advertising and promotions 
     271,872  
     125,597  
     146,275 
  
    Shipping and handling 
     156,961  
     118,252  
     38,709 
  
    Total operating expenses 
     1,997,054  
     1,239,495  
     757,559 

    Operating loss 
     (1,427,504) 
     (903,155) 
     (524,349)

    Other income (expense): 

    Interest income 
     3,916  
     2,882  
     1,034 
  
    Interest expense 
     (148,964) 
     (370,532) 
     221,568 
  
    Total other income (expense) 
     (145,048) 
     (367,650) 
     222,602 

    Net loss 
    $(1,572,552) 
    $(1,270,805) 
    $(301,747)

Net
Revenue

Our
net revenue for the three months ended September 30, 2025, was $3,220,027, compared to $2,181,495 for the three months ended September
30, 2024, an increase of $1,038,532, or 48%. The increase in revenue was primarily due to increased sales to our largest customer during
the three months ended September 30, 2025.

Cost
of Goods Sold and Gross Profit

Our