Company: BOF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021655
Chunk: 9

Company: BranchOut Food Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 9
---
,094,090) 
    $(3,264,326)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Depreciation expense 
     459,166  
     173,285 
  
    Provision for prepaid inventory 
     75,600  
     - 
  
    Amortization of debt discounts 
     17,369  
     242,630 
  
    Fair value adjustment on amended warrant 
     32,099  
     89,949 
  
    Common stock issued for services 
     -  
     290,085 
  
    Options and warrants issued for services 
     177,257  
     408,700 
  
    Decrease (increase) in assets: 

    Accounts receivable 
     (1,065,942) 
     (305,011)
  
    Advances on inventory purchases 
     (573,303) 
     (337,945)
  
    Inventory 
     (135,969) 
     (507,220)
  
    Prepaid expenses and other current assets 
     (361,797) 
     (101,470)
  
    Right-of-use asset 
     141,872  
     106,957 
  
    Other long term asset and receivable 
     215,466  
     (520,411)
  
    Increase (decrease) in liabilities: 

    Accounts payable 
     153,956  
     443,351 
  
    Accounts payable, related parties 
     -  
     - 
  
    Accrued expenses 
     (136,618) 
     27,092 
  
    Operating lease liability 
     30,917  
     (4,715)
  
    Net cash used in operating activities 
     (5,064,017) 
     (3,259,049)

    Cash flows from investing activities 

    Purchase of property and equipment 
     (573,991) 
     (2,120,337)
  
    Payments received on notes receivable 
     -  
     24,646 
  
    Net cash used in investing activities 
     (573,991) 
     (2,095,691)

    Cash flows from financing activities 

    Payment of deferred offering costs 
     (22,660