Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 441

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 441
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,
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 all
our trademarks. Any of our trademarks or other intellectual property rights or future patents (if any) may be challenged by others or
invalidated through administrative process or litigation. Any of our future patent and trademark applications may never be granted. To
date, we have applied for patent protection with the United States Patent and Trademark Office with respect to certain of the manufacturing
processes that we use (in addition to our licensed technology). Even if we are granted one or more patents with respect to our manufacturing
process, there is no guarantee that others will not independently develop or otherwise acquire equivalent or superior technology or intellectual
property rights. Furthermore, our confidentiality agreements may not effectively prevent disclosure of our proprietary information, technologies
and processes and may not provide an adequate remedy in the event of unauthorized disclosure of such information.

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We
might be required to