Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 443

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 443
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 consultants or independent contractors have inadvertently or otherwise used or
disclosed intellectual property, including trade secrets or other proprietary information, of a former employer or other third parties.
Litigation may be necessary to defend these claims. If we fail in defending any such claims, in addition to paying monetary damages,
we may lose valuable intellectual property rights or personnel. Even if we are successful in defending against such claims, litigation
could result in substantial costs to the Company and be a distraction to management and other employees.

A
food safety or quality issue that results in a product disruption such as a recall, health issue, or death of a consumer could harm our
business.

The
sale of products for human use and consumption involves the risk of injury or illness to consumers. Such injuries may result from inadvertent
mislabeling, tampering by unauthorized third parties or product contamination or spoilage. Under certain circumstances, we may be required
to recall or withdraw products, suspend production of our products, or cease operations, which may lead to a material adverse effect
on our business. In addition, customers may stop placing or cancel orders for such products as a result of such events.

Even
if a situation does not necessitate a recall or market withdrawal, product liability claims might be asserted against us. While we are
subject to governmental inspection and regulations and believe our facilities and those of our co-packers and suppliers comply in all
material respects with all applicable laws and regulations, if the consumption of any of our products causes, or is alleged to have caused,
a health-related illness or death to a consumer, we may become subject to claims or lawsuits relating to such matters. Even if a product
liability claim is unsuccessful or is not fully pursued, the negative publicity surrounding any assertion that our products caused illness
or physical harm could cause consumers to lose confidence in the safety and quality of our products. Moreover, claims or liabilities
of this type might not be covered by our insurance or by any rights of indemnity or contribution that we may have against others. Although
we maintain product liability and product recall insurance in an amount that we believe to be consistent with market practice, we cannot
be sure that we will not incur claims or liabilities for which we are not insured or that exceed the amount of our insurance coverage.
A product liability judgment against us or a product recall could have a material adverse effect on our business, financial condition,
results of operations or liquidity.

 13 

We
may be subject to significant liability that is not covered by insurance