Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 444

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 444
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Although
we believe that our insurance coverage is consistent with industry practice, any claim under our insurance policies may be subject to
certain exceptions, may not be honored fully, in a timely manner, or at all, and we may not have purchased sufficient insurance to cover
all losses incurred. If we were to incur liabilities not covered by insurance or if our business operations were interrupted for a substantial
period, we could incur costs and suffer losses. Additionally, insurance coverage may not be available to us at commercially acceptable
premiums in the future, or at all.

We
rely on independent certification for a number of our products.

We
rely on independent third-party certification, such as certifications of our products as “Organic”, “KETO”, “Gluten
Free”, “Vegan” or “Non-GMO” (non-genetically modified organisms), to differentiate our products from others.
We must comply with the requirements of independent organizations or certification authorities in order to label our products as certified.
The loss of any independent certifications could adversely affect our market position as a natural products company and harm our business.

Our
future results of operations may be adversely affected by the availability of certifiable ingredients.

Our
ability to ensure a continuing supply of certifiable ingredients at competitive prices depends on many factors beyond our control, such
as the number and size of farms that grow organic crops, climate conditions, changes in national and world economic conditions, currency
fluctuations and forecasting adequate need of seasonal ingredients.

The
ingredients that we use in the production of our products (including, among others, avocados, bananas, pineapples and blueberries) are
vulnerable to adverse weather conditions and natural disasters, such as floods, droughts, water scarcity, temperature extremes, frosts,
earthquakes and pestilence. Natural disasters and adverse weather conditions (including the effects of climate change) can lower crop
yields and reduce crop size and crop quality, which in turn could reduce our supplies of certifiable ingredients or increase the prices
of such ingredients. If our supplies of certifiable ingredients are reduced, we may not be able to find enough supplemental supply sources
on favorable terms, if at all, which could impact our ability to supply product to our customers and adversely affect our business, financial
condition and results of operations.

We
also compete with other manufacturers in the procurement of certifiable product ingredients, which may be less plentiful in the open
market than conventional product ingredients. This competition may increase in