Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 436

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 436
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 Licensing Agreement, but there can be no assurance
that EnWave will grant such requests.

 9 

We
rely on a small number of suppliers to provide our raw materials, and our supply chain may be interrupted and prevent us from obtaining
the necessary materials we need to operate.

We
rely on limited number of suppliers and partners to meet our high-quality standards and supply products in a timely and efficient manner.
There is, however, no assurance that quality natural and organic products will continue to be available to meet our specific and growing
needs. This may be due to, among other reasons, problems with our suppliers’ and vendors’ businesses, finances, labor relations,
ability to export materials, product quality issues, costs, production, insurance and reputation, as well as disease pandemics, epidemics
or outbreaks such as COVID-19, acts of war, terrorism, natural disasters, fires, earthquakes, flooding or other catastrophic occurrences.
If, for any reason, our suppliers or vendors became unable or unwilling to continue to provide services to us, this would likely lead
to an interruption in our ability to import our products until we find another source that could provide these services. Failure to find
a suitable replacement, even on a temporary basis, would have a material adverse effect on our ability to meet our current production
targets, make it difficult to grow and would have an adverse effect on our results of operations.

Competition
in the food retail industry is intense and presents an ongoing threat to the success of our business.

The
food retail industry is very competitive. In our online and wholesale business, we compete with food retail stores, supermarkets, warehouse
clubs and other mass and general retail and online merchandisers, many of which are larger than us and have significantly greater capital
resources than we do, selling both competitive products and retailing our own products, and competing against our direct online business.
We also compete with a number of Natural, Organic and Functional Food and Beverage producers.

We
face significant competition from these and other retailers and producers. Any changes in their merchandising and operational strategies
could negatively affect our sales and profitability. In particular, competitors seek to gain or retain market share by reducing prices,
we would likely be forced to reduce our prices on similar product offerings in order to remain competitive, which may result in a decrease
in our market share, net sales and profitability and may require a change in our operating strategies.

We
have been able to compete successfully by differentiating ourselves from our competitors by