Company: BOF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021655
Chunk: 92

Company: BranchOut Food Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 92
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 on related party notes 
     -  
     175,473 
  
    Amortization of debt discounts on related party notes, warrants 
     -  
     54,570 
  
    Amortization of debt discounts on related party notes 
     -  
     54,570 

    Amended warrant 
     32,099  
     89,949 
  
    Interest on credit cards 
     1,714  
     - 
  
    Interest on first credit position financing 
     22,389  
     - 
  
    Total interest expense 
    $653,677  
    $518,233 

Note
13 – Changes in Stockholders’ Equity

Preferred
Stock

The
Company has authorized 8,000,000 shares of $0.001 par value preferred stock. As of September 30, 2025, none of the preferred stock had
been designated or issued.

Common
Stock

The
Company has authorized 80,000,000 shares of $0.001 par value common stock. As of September 30, 2025, a total of 12,234,478 shares of
common stock had been issued. Each holder of common stock is entitled to one vote for each share of common stock held.

ATM
Offerings

On
October 23, 2024, we entered into an At-The-Market Issuance Sales Agreement (the “2024 ATM Agreement”) with Alexander
Capital, L.P., as selling agent (“Alexandar Capital” or the “Sales Agent”), relating to shares of our common
stock, par value $0.001
per share (“common stock”). In accordance with the ATM Agreement, we were authorized to offer and sell shares of our
common stock having an aggregate offering price of up to $3,000,000
from time to time through the Sales Agent.

On
February 18, 2025, we entered into a First Amendment to the ATM Agreement to increase the aggregate offering price of our shares of
common stock that we may sell under the 2024 ATM Agreement to up to $5,000,000.

The Sales Agent was entitled to commissions of 3.0% of the gross proceeds
of the sales of common stock under the 2024 ATM Agreement

    22

At
the termination of the 2024 ATM Agreement on March 21, 2025, we had