Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 449

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 449
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 confidential information, impede, or interrupt our business
operations, and may result in other negative consequences, including remediation costs, loss of revenue, litigation and reputational
damage. Furthermore, if a breach or other breakdown results in disclosure of confidential or personal information, we may suffer reputational,
competitive and/or business harm.

While
we have implemented administrative and technical controls and taken other preventive actions to reduce the risk of cyber incidents and
protect our information technology, they may be insufficient to prevent physical and electronic break-ins, cyber-attacks, or other security
breaches to our computer systems, which could have a material adverse effect on our business, financial condition or results of operations.

Economic
downturns could limit consumer demand for our products and negatively affect our sales and profitability.

The
premium organic and natural food industry is sensitive to national and regional economic conditions and the demand for the products that
we distribute may be adversely affected from time to time by economic downturns that impact consumer spending, including discretionary
spending. Future economic conditions such as employment levels, business conditions, housing starts, interest rates, inflation rates,
energy and fuel costs and tax rates could reduce consumer spending or change consumer purchasing habits. Among these changes could be
a reduction in the number of natural and organic products that consumers purchase where there are non-organic alternatives, given that
many premium natural and organic products, and particularly premium natural and organic foods, often have higher retail prices than do
their non-organic counterparts.

 16 

Regulatory
Risks

Tariffs
imposed on the importation of our products into the United States would increase the cost of our products and could result in decreased
demand for our products.

Our
operations and financial results may be adversely impacted by changes in trade policies, including the imposition of tariffs, import/export
restrictions, or other trade barriers. A significant portion of our products is manufactured in foreign countries, and as a result, we
are subject to tariffs, customs duties, and other trade-related costs. While the recent tariffs imposed by President Trump don’t
apply to imports from Peru and Chile, if the U.S. or other governments impose new or increased tariffs on goods imported from Peru or
other countries where we manufacture our products, it could increase our production costs, reduce our profit margins, and lead to higher
prices for consumers, potentially affecting demand for our products.

Our
products and operations are subject to government regulation and oversight both in the United States and abroad, and