Company: BOF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021655
Chunk: 77

Company: BranchOut Food Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 77
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 approximately 99% of net revenue and 97%
of accounts receivable as of period-end.

Note
6 – Prepaid Expenses and Other Current Assets

Prepaid
expenses and other  current assets consisted of the
following as of September 30, 2025 and December 31, 2024:

Schedule
of Prepaid Expenses And Other Current Assets  

    September 30,
2025  
    December 31,
                                                                               2024 
  
    Prepaid insurance costs 
    $6,279  
    $21,736 
  
    Prepaid advertising and trade show fees 
     10,423  
     14,944 
  
    Prepaid professional fees & license fees 
     11,500  
     27,369 
  
    Prepaid software service 
     22,458  
     - 
  
    Prepaid taxes 
     36,083  
     - 
  
    Miscellaneous prepaid expenses 
     13,945  
     19,583 
  
    Interest receivable 
     38,818  
     30,740 
  
    Miscellaneous receivable 
     9,883  
     - 
  
    VAT tax receivable 
     326,780  
     - 
  
    Total prepaid expenses and other current assets 
    $476,169  
    $114,372 

Note
7 – Property and Equipment

Property
and equipment as of September 30, 2025 and December 31, 2024 consisted of the following:

Schedule
of Property and Equipment  

    September 30,
2025  
    December 31,
2024 
  
    Leasehold Improvements 
    $179,127  
    $127,408 
  
    Machinery and equipment 
     6,330,927  
     4,316,964 
  
    Office Furniture, fixtures and equipment 
     144,478  
     136,169 
  
    Less: Accumulated depreciation 
     (983,408) 
     (524,242)
  
    Total property and equipment, net 
    $5,671,124  
    $4,056,299 

Depreciation
of property and equipment was $459,166 and $173,285 for the nine months ended September 30, 2025, and 2024, respectively.

The
Company leases a manufacturing facility