Company: BOF
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010566
Chunk: 32

Company: BranchOut Food Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 32
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-of-use asset 
    $38,679  
    $- 
  
    Interest on lease liability 
     10,012  
     - 
  
    Total operating lease cost 
     48,691  
     - 
  
    Finance lease cost: 

    Amortization of right-of-use asset 
    $8,396  
    $8,454 
  
    Interest on lease liability 
     3,285  
     3,561 
  
    Total finance lease cost 
     11,681  
     12,015 
  
    Total lease costs 
    $60,372  
    $12,015 

Supplemental
balance sheet information related to leases was as follows:

 Schedule of Supplemental Information Related to Leases 

    March 31,  
    December 31, 

    2025  
    2024 
  
    Operating lease: 

    Operating lease assets 
    $1,405,357  
    $1,444,036 

    Current portion of operating lease liability 
    $-  
     - 
  
    Noncurrent operating lease liability 
     1,583,120  
     1,573,035 
  
    Total operating lease liability 
    $1,583,120  
    $1,573,035 
  
    Finance lease: 

    Finance lease assets 
    $123,065  
    $131,461 

    Current portion of finance lease liability 
    $30,054  
     29,243 
  
    Noncurrent finance lease liability 
     84,263  
     92,761 
  
    Total finance lease liability 
    $114,317  
    $122,004 

    Weighted average remaining lease term: 

    Operating lease 
     9.61 years  
     9.86 years  
  
    Finance lease 
     2.90 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 and Other Information Related to finance Leases 

    2025  
    2024 

    For the