Company: BOF
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010566
Chunk: 91

Company: BranchOut Food Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 91
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     319,736 
  
    Rent 
     11,831  
     - 
  
    Salaries and wages 
     241,046  
     598,286 
  
    Professional fees 
     166,622  
     390,666 
  
    Total U.S. operating expenses 
    $945,167  
    $1,308,688 
  
    U.S. operations segment EBITDA 
    $2,248,355  
    $158,328 

    Latin American operations segment cost of goods sold 
    $2,488,743  
    $1,127,092 
  
    Latin American operations segment expenses: 

    General and administrative 
     109,505  
     - 
  
    Rent 
     38,684  
     - 
  
    Salaries and wages 
     73,196  
     - 
  
    Professional fees 
     68,412  
     - 
  
    Total Latin American operating expenses 
     289,797  
     - 
  
    Operating expenses 
     289,797  
     - 

    Latin American operations segment EBITDA 
    $(2,778,540) 
    $(1,127,092)
  
    Consolidated EBITDA 
    $(530,185) 
    $(968,764)

    Reconciliation of net earnings before income tax expense: 

    Consolidated EBITDA 
    $(530,185) 
    $(968,764)
  
     EBITDA 
    $(530,185) 
    $(968,764)

    Depreciation 
     (152,355) 
     (56,336)
  
    Interest income 
     5,136  
     2,877 
  
    Interest expense 
     (240,978) 
     (28,744)
  
    Consolidated net loss before income tax expense 
    $(918,382) 
    $(1,050,967)

Note
20 – Subsequent Events

The
Company evaluates events that have occurred after the
balance sheet date through the date these financial statements were issued, noting no reportable
event, except as follows:

Repayment
on Notes Payable, Related Parties

On
May 7, 2025, the Company repaid $325,000 of principal on the $1,200,