Company: BOF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021655
Chunk: 0

Company: BranchOut Food Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 0
---
BRANCHOUT
FOOD INC.

CONDENSED
CONSOLIDATED BALANCE SHEETS

    September 30,
2025  
    December 31,
2024 

    (Unaudited)  

    Assets 

    Current assets: 

    Cash 
    $812,007  
    $2,329,452 
  
    Accounts receivable, net 
     1,484,405  
     418,463 
  
    Advances on inventory purchases 
     621,495  
     123,792 
  
    Inventory 
     2,066,504  
     1,930,535 
  
    Prepaid expenses and other current assets 
     476,169  
     114,372 
  
    Total current assets 
     5,460,580  
     4,916,614 

    Property and equipment, net 
     5,671,124  
     4,056,299 
  
    Right-of-use assets 
     1,433,625  
     1,575,497 
  
    Other assets 
     1,267,000  
     1,267,000 
  
    Other receivable, net of current portion 
     465,017  
     680,483 
  
    Note receivable 
     359,982  
     359,982 

    Total Assets 
    $14,657,328  
    $12,855,875 

    Liabilities and Stockholders’ Equity 

    Current liabilities: 

    Accounts payable 
    $1,348,035  
    $1,194,079 
  
    Accrued expenses 
     1,108,996  
     333,614 
  
    Other current liabilities 
     -  
     912,000 
  
    Convertible notes payable, related parties, net of discounts 
     -  
     3,333,413 
  
    Equipment notes payable, current portion 
     352,881  
     251,647 
  
    Notes payable, related parties 
     500,000  
     2,760,000 
  
    Notes payable, current portion 
     500,000  
     2,760,000 

    Finance lease liability, current portion 
     31,746  
     29,