Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 489

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 489
---
761  
     101,029 

    Total Liabilities 
     10,514,292  
     914,622 

    Stockholders’ Equity: 

    Preferred stock, $0.001
    par value, 8,000,000 shares authorized; no shares issued and outstanding 
     -  
     - 
  
    Common stock, $0.001 par
    value, 80,000,000 shares authorized; 8,424,600 and 4,044,252 shares issued and outstanding at December 31, 2024 and 2023, respectively 
     8,425  
     4,044 
  
    Additional paid-in capital 
     19,903,796  
     15,016,973 
  
    Accumulated other comprehensive
    loss 
     (8,581) 
     - 
  
    Accumulated deficit 
     (17,562,057) 
     (12,810,541)
  
    Total Stockholders’
    Equity 
     2,341,583  
     2,210,476 

    Total Liabilities and
    Stockholders’ Equity 
    $12,855,875  
    $3,125,098 

The
accompanying notes are an integral part of these financial statements.

F-2

BRANCHOUT
FOOD INC.

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

    2024  
    2023 

    For the Years Ended 

    December 31, 

    2024  
    2023 

    Net revenue 
    $6,516,337  
    $2,825,855 
  
    Cost of goods sold 
     5,652,717  
     2,922,085 
  
    Gross
    profit (loss) 
     863,620  
     (96,230)

    Operating expenses: 

    General
    and administrative 
     1,870,720  
     1,581,474 
  
    Salaries
    and wages 
     1,604,200  
     1,129,858 
  
    Professional
    fees 
     1,291,141  
     694,596 
  
    Total
    operating expenses