Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 300

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 300
---

on expansion plans that fail or are delayed, our reputation, business and financial condition may be adversely affected.

In
addition, we could be adversely affected by violations of the U.S. Foreign Corrupt Practices Act, as amended, and similar worldwide anti-bribery
laws, which generally prohibit companies and their intermediaries from making improper payments to officials or other third parties for
the purpose of obtaining or retaining business. While our policies mandate compliance with these anti-bribery laws, our internal control
policies and procedures may not protect us from reckless or criminal acts committed by our employees or agents. Violations of these laws,
or allegations of such violations, could disrupt our business and result in a material adverse effect on our results of operations, cash
flows and financial condition.

Our
results may be negatively affected by changes in foreign currency exchange rates.

Currently,
substantially all of our international purchase and sales contracts are denominated in U.S. dollars. As a result, a decrease in the value
of the U.S. dollar relative to foreign currencies could increase our costs in dollars for the food products and ingredients that we import
from other countries. In addition, if and when we expand into international markets, an increase in the value of the U.S. dollar relative
to foreign currencies could require us to reduce our selling price or risk making our products less competitive in international markets.

A
larger portion of our revenues may be denominated in other foreign currencies if we expand into international markets. Conducting business
in currencies other than U.S. dollars could subject us to fluctuations in currency exchange rates that could negatively affect our revenues,
cost of revenues and operating margins and result in foreign currency translation gains and losses.

We
may be unable to adequately protect our brand and our other intellectual property rights.

We
regard our brand, customer lists, trademarks, domain names, trade secrets and similar intellectual property as critical to our success.
We may rely on U.S. and international trademark, copyright and patent law, trade secret protection, agreements and other methods with
our employees and others to protect our proprietary rights. We might not be able to obtain broad protection in the United States for
all our intellectual property. The protection of our intellectual property rights may require the expenditure of significant financial,
managerial and operational resources. Moreover, the steps we take to protect our intellectual property may not adequately protect our
rights or prevent third parties from infringing or misappropriating our proprietary rights, and we may be unable to broadly enforce