Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 298

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 298
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 be developed to commercialization, sell as anticipated, or be desirable to their intended markets. Also,
some of our products may have limited uses and benefits, which may limit their appeal to consumers and put us at a competitive disadvantage.
Developing new products and placing them into wholesale channels and into conventional and natural grocery environments is an expensive
and time-consuming process, and if a product fails to sustain market acceptance, the investment made in the product may be lost.

As
is typical in a rapidly evolving industry, the development process and demand and market acceptance for recently introduced products
are subject to a high level of uncertainty and risk. Because the market for our products is new, evolving and therefore uncertain, it
is difficult to predict with any certainty the size of this market and its growth rate, if any. We cannot guarantee that we will be successful
in developing new products, or that a market for our products will develop or that demand for our products will be sustainable. If we
fail to develop new products, or the market for new products fails to develop, develops more slowly than expected or becomes saturated
with competitors, our business, financial condition and operating results would be materially adversely affected.

Our
future results of operations may be adversely affected by volatile commodity costs.

Many
aspects of our business could be directly affected by volatile commodity costs. Agricultural commodities and raw materials, including
avocados, bananas, pineapples, blueberries and other fresh produce, plastic film, cardboard, and other packaging materials, are the principal
inputs used in our products. These items are subject to price volatility which can be caused by commodity market fluctuations, inflation,
crop yields, seasonal cycles, weather conditions (including the potential effects of climate change), temperature extremes and natural
disasters (including floods, droughts, water scarcity, frosts, earthquakes and hurricanes), pest and disease problems, changes in currency
exchange rates, imbalances between supply and demand, natural disasters and government programs and policies, among other factors. Volatile
fuel costs translate into unpredictable costs for the products and services we receive from our third-party providers including, but
not limited to, distribution costs for our products and packaging costs. The volatility of such costs could have a material adverse effect
on our results of operations.

We
are subject to the risks associated with sourcing and manufacturing products from, and conducting business operations outside of the
United States, which could adversely affect our business.

We
purchase our products from a variety of suppliers, including international suppliers. Our direct