Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 353

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 353
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    Amended warrants 
     89,949  
     - 
  
    Decrease (increase) in
    assets: 

    Accounts receivable 
     191,500  
     (557,313)
  
    Advances on inventory purchases 
     (123,792) 
     (3,015)
  
    Inventory 
     (1,593,730) 
     (177,044)
  
    Other current assets 
     (66,272) 
     (278,891)
  
    Right-of-use asset 
     118,913  
     21,092 
  
    Other assets 
     (1,947,483) 
     - 
  
    Increase (decrease) in
    liabilities: 

    Accounts payable 
     811,131  
     143,009 
  
    Accounts payable, related
    parties 
     -  
     (40,140)
  
    Accrued expenses 
     1,080,370  
     (20,965)
  
    Operating lease liability 
     25,853  
     - 
  
    Net cash used in operating
    activities 
     (4,859,816) 
     (3,529,372)

    Cash flows from investing
    activities 

    Purchase of property and
    equipment 
     (2,847,207) 
     (116,565)
  
    Payments received on notes
    receivable 
     24,646  
     - 
  
    Net cash used in investing
    activities 
     (2,822,561) 
     (116,565)

    Cash flows from financing
    activities 

    Payment of deferred offering
    costs 
     (534,107) 
     (740,290)
  
    Proceeds received on convertible
    notes payable, related parties 
     3,325,000  
     25,000 
  
    Proceeds received on convertible
    notes payable, unrelated parties 
     -  
     442,500 
  
    Proceeds received on notes
    payable 
     -  
     350,000 
  
    Repayment of notes payable 
     (448,353) 
     (2,420,000)
  
    Proceeds received on notes
    payable, related