Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 292

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 292
---
 developments;

    ●
    provide for supply and inventory costs;

    ●
    maintain compliance with Nasdaq listing
    requirements;

    ●
    fund development and marketing efforts of
    any future products or additional features to then-current products;

    ●
    acquire, license or invest in new technologies;
    and

    ●
    acquire or invest in complementary businesses
    or assets.

Our
present and future funding requirements will depend on many factors, including:

    ●
    our ability to achieve revenue growth and improve gross margins;

    ●
    the cost of expanding our operations and offerings, including our sales
    and marketing efforts;

    ●
    the effect of competing market developments; and

    ●
    costs related to international expansion.

The
various ways we could raise additional capital carry potential risks. If we raise funds by issuing equity securities, dilution to our
stockholders could result. Any equity securities issued also could provide for rights, preferences, or privileges senior to those of
holders of shares of our common stock. If we raise funds by issuing debt securities, those debt securities would have rights, preferences,
and privileges senior to those of holders of shares of our common stock. The terms of any debt securities issued or borrowings made pursuant
to a credit agreement could impose significant restrictions on our operations. If we raise additional funds through collaborations and
licensing arrangements, we might be required to relinquish significant rights or grant licenses on terms that are not favorable to us.

Our
current growth may not be indicative of our future growth, and our limited operating history may make it difficult to assess our future
viability.

We
expect that, in the future, as our revenue increases, our revenue growth rate will decline. We also believe that growth of our revenue
depends on several factors, including our ability to:

    ●
    expand our existing channels of distribution;

    ●
    develop additional channels of distribution;

    ●
    grow our customer base;

    ●
    cost-effectively increase online sales on
    our website and third-party marketplaces;

    ●
    effectively introduce new products;

    ●
    increase awareness of our brand;

    ●
    manufacture at a scale that satisfies future
    demand; and

    ●
    effectively source key raw materials.

We
may not successfully accomplish any of these objectives. We have not yet demonstrated the ability to manage rapid growth over a long
period of time or achieve profitability at scale. Consequently, any