Company: BOF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021655
Chunk: 82

Company: BranchOut Food Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 82
---
     1,603,952  
     1,573,035 
  
    Total operating lease liability 
    $1,603,952  
    $1,573,035 
  
    Finance lease: 

    Finance lease assets 
    $105,627  
    $131,461 

    Current portion of finance lease liability 
    $31,746  
     29,243 
  
    Noncurrent finance lease liability 
     66,552  
     92,761 
  
    Total finance lease liability 
    $98,298  
    $122,004 

    Weighted average remaining lease term: 

    Operating lease 
     9.73 years  
     9.86 years 
  
    Finance lease 
     2.43 years  
     3.13 years 

    Weighted average discount rate: 

    Operating lease 
     9% 
     9%
  
    Finance lease 
     11% 
     11%

Supplemental
cash flow and other information related to finance leases was as follows:

 Schedule
of Supplemental Cash Flow and Other Information Related to Finance Leases  

    2025  
    2024 

    For the Nine Months Ended 

    September 30, 

    2025  
    2024 
  
    Cash paid for amounts included in the measurement of lease liabilities: 

    Operating cash flows (provided by) used for operating leases 
    $(30,917) 
    $4,715 
  
    Finance cash flows used for finance leases 
    $23,706  
    $22,855 
  
    Leased assets obtained in exchange for lease liabilities: 

    Total operating lease liabilities 
    $-  
    $1,943,358 
  
    Total finance lease liabilities 
    $-  
    $168,320 

The
future minimum lease payments due under operating leases as of September 30, 2025, is as follows:

 Schedule of Future Minimum Operating Lease Payments  

    Year Ending 
    Minimum Lease 
  
    December 31, 
    Commitments 
  
    2025 (for the three months remaining) 
    $24,000 
  
    2026 
     192,000 
  
    2027 
     256,000 
  
    2028 
     280,