Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 946

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 946
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614  
     1,678,243 

    Property and equipment, net 
     4,056,299  
     914,999 
  
    Right-of-use assets 
     1,575,497  
     147,228 
  
    Other assets 
     1,947,483  
     - 
  
    Note receivable 
     359,982  
     384,628 

    Total Assets 
    $12,855,875  
    $3,125,098 

    Liabilities and Stockholders’
    Equity 

    Current liabilities: 

    Accounts payable 
    $1,194,079  
    $382,948 
  
    Accrued expenses 
     333,614  
     165,244 
  
    Other current liabilities 
     912,000  
     - 
  
    Convertible notes payable,
    related parties, net of discounts 
     3,333,413  
     - 
  
    Notes payable, current
    portion 
     251,647  
     200,000 
  
    Notes payable, related
    parties 
     2,760,000  
     - 
  
    Notes payable, current
    portion 
     2,760,000  
     - 

    Finance lease liability,
    current portion 
     29,243  
     30,901 
  
    Total current liabilities 
     8,813,996  
     779,093 

    Notes payable, net of current portion 
     34,500  
     34,500 
  
    Operating lease liability, net of current portion 
     1,573,035  
     - 
  
    Finance lease liability,
    net of current portion 
     92,761  
     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