Company: BOF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023605
Chunk: 91

Company: BranchOut Food Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 91
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    Total Senior Notes held by Eagle Vision 
     1,250,000  
     1,560,000 
  
    Total Senior Notes Payable 
     1,250,000  
     1,560,000 

    Total notes payable, related parties 
     2,125,000  
     2,760,000 
  
    Less: current maturities 
     2,125,000  
     2,760,000 
  
    Notes payable, related parties, less current maturities 
    $-  
    $- 

    18

BRANCHOUT
FOOD INC.

NOTES
TO THE CONDENSED FINANCIAL STATEMENTS

(Unaudited)

The
Company recognized $197,577 of interest expense on notes payable, related parties for the six months ended June 30, 2025, and $146,798
of interest expense on notes payable, related parties for the six months ended June 30, 2024, consisting of $54,630 of stated interest
expense, $71,718 of amortized debt discounts and $20,450 of amortized debt discounts due to warrants.

The
Company recognized aggregate interest expense for the six months ended June 30, 2025, and 2024 respectively, as follows:

 Schedule of Recognized Interest Expense 

    June 30,  
    June 30, 

    2025  
    2024 
  
    Interest on convertible notes payable, related parties 
    $208,996  
    $- 
  
    Amortization of debt discounts on related party convertible notes 
     25,808  
     - 
  
    Amortization of debt discounts on related party convertible notes, warrants 
     7,211  
     - 
  
    Amortization of debt discounts on related party convertible notes 
     7,211  
     - 

    Interest on notes payable 
     9,972  
     903 
  
    Interest on notes payable, related parties 
     197,577  
     54,630 
  
    Interest on notes payable 
     197,577  
     54,630 

    Amortization of debt discounts on related party notes 
     -  
     71,718 
  
    Amortization of debt discounts on related party notes,