Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 439

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 439
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, or that a market for our products will develop or that demand for our products will be sustainable. If we
fail to develop new products, or the market for new products fails to develop, develops more slowly than expected or becomes saturated
with competitors, our business, financial condition and operating results would be materially adversely affected.

Our
future results of operations may be adversely affected by volatile commodity costs.

Many
aspects of our business could be directly affected by volatile commodity costs. Agricultural commodities and raw materials, including
avocados, bananas, pineapples, blueberries and other fresh produce, plastic film, cardboard, and other packaging materials, are the principal
inputs used in our products. These items are subject to price volatility which can be caused by commodity market fluctuations, inflation,
crop yields, seasonal cycles, weather conditions (including the potential effects of climate change), temperature extremes and natural
disasters (including floods, droughts, water scarcity, frosts, earthquakes and hurricanes), pest and disease problems, changes in currency
exchange rates, imbalances between supply and demand, natural disasters and government programs and policies, among other factors. Volatile
fuel costs translate into unpredictable costs for the products and services we receive from our third-party providers including, but
not limited to, distribution costs for our products and packaging costs. The volatility of such costs could have a material adverse effect
on our results of operations.

We
are subject to the risks associated with sourcing and manufacturing products from, and conducting business operations outside of the
United States, which could adversely affect our business.

We
purchase our products from a variety of suppliers, including international suppliers. Our direct purchases from non-US suppliers represented
most of our raw material purchases in 2024 and 2023, and we expect our international purchases to grow. We may in the future also enter
into agreements with distributors in foreign countries to sell our products. All of these activities are subject to the uncertainties
associated with international business operations, including:

    ●
    difficulties with foreign and geographically
    dispersed operations;

    ●
    having to comply with various U.S. and international
    laws;

 11 

    ●
    changes and uncertainties relating to foreign
    rules and regulations;

    ●
    tariffs, export or import restrictions,
    restrictions on remittances abroad, imposition of duties or taxes that limit our ability to import necessary materials;

    ●
    limitations on our ability to enter into
    cost-effective arrangements with distributors, or