Strategic capital infusion underscores investor confidence as BranchOut reaches its strongest growth phase to date and scales production to meet accelerating demandBEND, Ore., Nov. 13, 2025 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company pioneering the next generation of natural fruit and vegetable snacks through its proprietary GentleDry™ process, today announced the pricing of a $2.5 million institutional investment consisting of 1,034,600 shares of common stock to ...

Revenue and Profitability - Net revenue for the three months ended September 30, 2025, was $3,220,027, an increase of $1,038,532, or 48%, compared to $2,181,495 for the same period in 2024[180] - Gross profit for the three months ended September 30, 2025, was $569,550, with a gross margin of 17.7%, up from a gross profit of $336,340 and a margin of 15.4% in 2024[181] - For the nine months ended September 30, 2025, net revenue was $9,713,287, an increase of $4,701,790, or 94%, compared to $5,011,497 for the same period in 2024[193] - Cost of goods sold for the three months ended September 30, 2025, was $2,650,477, an increase of $805,322, or 44%, compared to $1,845,155 in 2024[181] - Cost of goods sold for the nine months ended September 30, 2025, was $7,984,763, an increase of 125% from $4,242,810 for the same period in 2024, resulting in a gross profit of $1,728,524 and a gross margin of 17.8%[194] Losses and Expenses - Operating loss for the three months ended September 30, 2025, was $1,427,504, compared to an operating loss of $903,155 for the same period in 2024, an increase of $524,349[179] - Net loss for the three months ended September 30, 2025, was $1,572,552, an increase of $301,747, or 24%, compared to a net loss of $1,270,805 in 2024[190] - General and administrative expenses for the three months ended September 30, 2025, were $897,512, an increase of $580,824, or 183%, compared to $316,688 in 2024[183] - General and administrative expenses rose to $2,204,559 for the nine months ended September 30, 2025, a 231% increase from $666,600 in 2024, with significant increases in idle capacity and research and development costs[196] - Research and development expenses surged by 1,352% to $208,265 in 2025 from $14,348 in 2024, reflecting the company's focus on innovation[197] - Net loss for the nine months ended September 30, 2025, was $4,094,090, a 25% increase from $3,264,326 in 2024, attributed to scaling up production at the new manufacturing facility[203] Cash Flow and Assets - Net cash used in operating activities increased by 55% to $5,064,017 in 2025 from $3,259,049 in 2024, primarily due to a rise in accounts receivable and prepaid inventory[207] - Current assets as of September 30, 2025, were $5,460,580, compared to $4,916,614 as of December 31, 2024, indicating improved liquidity[205] - Total liabilities decreased to $9,544,563 as of September 30, 2025, from $10,514,292 as of December 31, 2024, reflecting a reduction in current liabilities[205] - Cash provided by financing activities was $4,093,929 for the nine months ended September 30, 2025, a decrease of 29% from $5,767,938 in 2024, due to principal repayments on notes payable[209] Operational Costs - The company incurred idle capacity costs of $368,586 for the three months ended September 30, 2025, due to the opening of the new production facility in Pisco, Peru[184] - Shipping and handling expenses increased by 35% to $421,313 in 2025 from $311,073 in 2024, driven by higher sales volumes[200] - Advertising and promotions expenses rose by 159% to $579,507 in 2025 from $223,801 in 2024, largely due to increased in-store product demonstrations[201] Future Plans and Technology - The company plans to leverage its proprietary GentleDry™ Technology to enhance product quality and efficiency, supported by over 17 patents[170] - The lease for the Peru Facility requires monthly payments starting at $8,000 for the first two years, increasing to $25,000 thereafter, with a buy-out option of $1,865,456[174]

Summary of BranchOut Food (NasdaqCM:BOF) 2025 Conference Call Company Overview - **Company Name**: BranchOut Food Inc. - **Ticker**: BOF on Nasdaq - **Industry**: Technology-based food manufacturing, specifically focusing on dehydration technology for fruits and vegetables [1][2] Core Technology and Operations - **Technology**: Licensed from EnWave Corporation, utilizing Radiant Energy Vacuum (REV) technology, described as "freeze-dried 2.0" [2][3] - **Factory Location**: Largest scale factory in the world located in Peru, operational since early 2025, capable of processing approximately 800 metric tons [3][4] - **Production Method**: Uses a vacuum chamber and industrial microwave to dehydrate products, resulting in better flavor retention and texture compared to traditional freeze-drying [5][6] Market Position and Product Offerings - **Market Size**: The freeze-dried industry is valued at approximately $36 billion, with BranchOut Food aiming to disrupt this market [4] - **Product Examples**: Pineapple Chips, Brussels Sprout Crisps, Organic Chewy Banana Bites, and a new Kids' Snack Packs line launching in 2026 [9][10][11] - **Retail Partnerships**: Strong presence in Costco, with products performing significantly above average sales metrics [11][23] Financial Performance and Projections - **Revenue**: Expected to reach between $14 million to $15 million for the year, with consistent doubling of revenue year-over-year [8][9] - **Contribution Margins**: Anticipated contribution margins of about 50% once above break-even revenue of $14.5 million [9][26] - **Growth Strategy**: Plans to expand product offerings and retail partnerships, including potential entry into Target in 2026 [39] Competitive Advantages - **IP Protection**: Strong partnership with EnWave Corporation, providing a significant patent portfolio and exclusivity for certain products [13][31] - **Cost Efficiency**: Ability to source second-grade fruits and vegetables at lower costs, benefiting both the company and local economies [4] - **Innovation Focus**: Emphasis on creating new products based on retailer needs, positioning the company as an innovation partner for retailers [12][13] Challenges and Considerations - **Demand Management**: Currently facing challenges in meeting demand due to rapid growth and factory scaling [8][9] - **Market Risks**: While Costco is a major revenue driver, the company is cautious about concentration risks and is diversifying its customer base [38] Additional Insights - **Consumer Preferences**: Products are designed to be clean, single-ingredient snacks, appealing to health-conscious consumers [20] - **Future Opportunities**: Anticipation of significant orders in the pipeline, with potential for large-scale production needs [33][37] This summary encapsulates the key points discussed during the conference call, highlighting BranchOut Food's innovative approach, market strategy, and financial outlook.

Financial Results - BranchOut Food Inc. reported selected financial results for the quarterly and nine-month periods ended September 30, 2025[4]. - The press release detailing financial results was issued on October 21, 2025[4]. - The financial information provided is not deemed "filed" under the Securities Exchange Act of 1934[5]. Company Classification - The company is classified as an emerging growth company under the Securities Act of 1933[3]. Document Information - The report includes a cover page interactive data file embedded within the Inline XBRL document[6]. Leadership - Eric Healy serves as the Chief Executive Officer of BranchOut Food Inc.[9].

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - AlphaVest Acquisition Corp (ATMV) is up 71% at $14.24 [3] - BranchOut Food Inc. (BOF) is up 44% at $3.04 [3] - rYojbaba Co., Ltd. (RYOJ) is up 35% at $5.14 [3] - GSI Technology, Inc. (GSIT) is up 25% at $16.24 [3] - Jowell Global Ltd. (JWEL) is up 18% at $2.02 [3] - General Motors Company (GM) is up 9% at $63.68 [3] - Crown Holdings, Inc. (CCK) is up 8% at $103.00 [3] - Spero Therapeutics, Inc. (SPRO) is up 8% at $2.49 [3] - Sunrun Inc. (RUN) is up 6% at $21.90 [3] - Foxx Development Holdings Inc. (FOXX) is up 5% at $4.50 [3] Premarket Losers - Neuphoria Therapeutics Inc. (NEUP) is down 66% at $5.19 [4] - New Era Energy & Digital, Inc. (NUAI) is down 9% at $5.09 [4] - Odyssey Marine Exploration, Inc. (OMEX) is down 8% at $3.28 [4] - Carbon Revolution Public Limited Company (CREV) is down 7% at $4.86 [4] - Coeur Mining, Inc. (CDE) is down 7% at $20.38 [4] - Hecla Mining Company (HL) is down 6% at $13.50 [4] - Verrica Pharmaceuticals Inc. (VRCA) is down 6% at $4.12 [4] - Sensei Biotherapeutics, Inc. (SNSE) is down 5% at $10.06 [4] - Whitehawk Therapeutics, Inc. (WHWK) is down 5% at $2.52 [4] - Greenidge Generation Holdings Inc. (GREE) is down 5% at $2.07 [4]

Core Insights - BranchOut Food Inc. reported record operational and financial results for Q3 2025, with a revenue of approximately $3.2 million, bringing year-to-date revenue to $9.7 million, representing a 93% increase year-over-year [2][7][8] - The company achieved a significant production milestone with over 38,500 kilograms of finished product in September, establishing a $16 million annualized run rate and reaching breakeven production levels [3][7] - BranchOut is positioned for growth in 2026, with a focus on expanding production capacity and improving profitability through operational efficiencies and reduced R&D investments [6][9] Financial Performance - Q3 revenue reached approximately $3.2 million, contributing to a year-to-date total of about $9.7 million, reflecting strong growth compared to the previous year [8] - The company successfully completed its At-The-Market (ATM) equity program, which strengthened the balance sheet and reduced current notes payable from $6.39 million to approximately $0.5 million, a decrease of over 92% [7][8] - The gross margin for the quarter was 17%, with potential margins closer to 30% when excluding air shipments and transitioning to ocean freight [6] Production and Capacity Expansion - September marked the highest production month in BranchOut's history, achieving a breakeven production level and supporting multiple large warehouse club programs [3][7] - The company is committed to purchasing an additional EnWave REV™ 120kW machine to significantly increase production capacity in early 2026, responding to strong demand [9] - BranchOut has secured global exclusive rights to produce dragon fruit using EnWave's technology, tapping into emerging trends in the healthy snack market [9] Product Development and Market Position - The company successfully scaled up production of its strawberry product for a large warehouse club order, which ranked among the top 10 best-selling items in its category [4][7] - BranchOut's CEO highlighted the transformative nature of the quarter, emphasizing the completion of extensive scale-up and R&D efforts across the product portfolio [5][6] - The company is in advanced discussions with several major retailers, setting the stage for exceptional growth in 2026 [10] Leadership and Strategic Initiatives - BranchOut announced the hiring of Jesse Thomas as Chief Marketing Officer, who will focus on expanding e-commerce initiatives and retail brand strategy [11][13] - The appointment includes a stock option grant to Mr. Thomas, aligning his interests with the company's growth objectives [12]

Core Insights - BranchOut Food Inc. has launched a new Crunchy Fruit Multipack aimed at expanding its presence in warehouse clubs, featuring 18 snack-sized bags of popular fruit crisps: Crunchy Pineapple, Crunchy Strawberry, and Crunchy Banana [2][3][6] Product Launch and Strategy - The new multipack is strategically placed in a high-traffic front-of-club section dedicated to multipacks for kids' snacks, which is expected to significantly increase foot traffic and sales volume compared to existing grocery department placements [3][4] - Each fruit in the multipack has shown strong performance in larger bag formats, indicating a solid foundation for incremental sales growth in the warehouse club channel [4][6] Market Demand and Consumer Preferences - The multipack is designed to meet the demand for healthier, clean-label snacks that appeal to both parents and children, providing convenient portions suitable for school lunches [6] - The product is made with 100% real fruit and no added sugar, utilizing BranchOut's proprietary GentleDry™ technology to preserve flavor and nutrition [6][8] Future Outlook - The Crunchy Fruit Multipack is set to launch at the beginning of the year, with strong interest already expressed from multiple regions, indicating positive market reception [7]

Core Insights - BranchOut Food Inc. is launching a new Crunchy Fruit Multipack, which includes 18 snack-sized bags of its popular fruit crisps: Crunchy Pineapple, Crunchy Strawberry, and Crunchy Banana [1][5] - The multipack is strategically placed in a high-traffic area of warehouse clubs, targeting families and children, which could potentially double the brand's market opportunity in this channel [2][3] Product Details - Each multipack contains 6 bags each of pineapple, strawberry, and banana, made from 100% real fruit with no added sugar, utilizing the GentleDry™ technology to preserve flavor and nutrition [5] - The new product is set to launch at the beginning of the year, with strong interest already noted from various regions [6] Company Background - BranchOut Food Inc. specializes in dehydrated fruit and vegetable products, leveraging its proprietary GentleDry Technology, which preserves up to 95% of the original nutrition of fresh produce [7] - The company holds over 17 patents, establishing itself as a trusted brand and private-label supplier in the food technology sector [7]

Core Insights - BranchOut Food Inc. has announced $1.17 million in new reorders for its Pineapple Chips from a major warehouse club, indicating strong consumer demand and sales performance [2][3] - The company has improved its financial position by repaying $1.56 million in Senior Secured notes and a $500,000 loan, which eliminates $20,000 in monthly interest expenses [3][7] - BranchOut is progressing with its $3 million at-the-market (ATM) program, having completed approximately 75% of it, with proceeds aimed at debt repayment and growth initiatives for 2026 and beyond [4] Sales Performance - The Midwest region placed a reorder valued at approximately $640,000 after strong week-one sales, while the Southeast region placed its fourth order of the year, valued at $536,112, demonstrating repeat demand [2][7] - The company is also preparing deliveries of Organic Chewy Banana Bites and Bell Pepper Crisps to the Midwest region, alongside the Pineapple Chips reorder [7] Product Innovation - BranchOut specializes in high-quality dehydrated fruit and vegetable-based products using its proprietary GentleDry Technology, which preserves up to 95% of the original nutrition of fresh produce [5] - The company has recently begun delivering its new Strawberry Crisps to the LA region, which will be available on shelves in mid-September [7]

PART I [PART I. FINANCIAL INFORMATION](index=4&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) This section presents the unaudited financial statements, management's discussion and analysis, and disclosures on market risk and controls [Item 1. Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) The unaudited condensed consolidated financial statements for the period ended June 30, 2025, show significant revenue growth alongside widening net losses, driven by the scaling of new manufacturing operations, with the notes highlighting high customer concentration, related-party debt, and going concern doubts [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2025, total assets increased to **$13.15 million** from **$12.86 million** at year-end 2024, primarily due to a significant rise in accounts receivable, while total liabilities decreased from **$10.51 million** to **$9.61 million**, largely because convertible notes were reclassified from current to long-term, consequently improving stockholders' equity to **$3.54 million** from **$2.34 million** and turning working capital positive Condensed Consolidated Balance Sheet Highlights (in USD) | Balance Sheet Item | June 30, 2025 (Unaudited) | December 31, 2024 | | :--- | :--- | :--- | | **Total Current Assets** | $5,201,109 | $4,916,614 | | **Total Assets** | **$13,151,387** | **$12,855,875** | | **Total Current Liabilities** | $4,538,892 | $8,813,996 | | **Total Liabilities** | **$9,608,777** | **$10,514,292** | | **Total Stockholders' Equity** | **$3,542,610** | **$2,341,583** | [Condensed Consolidated Statements of Operations and Comprehensive Loss](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Loss) For the three and six months ended June 30, 2025, net revenue more than doubled year-over-year, reaching **$3.3 million** and **$6.5 million**, respectively, but despite improved gross profit, the net loss widened for both periods due to a sharp increase in operating expenses, particularly general and administrative costs associated with scaling production Statement of Operations Summary (in USD) | Metric | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | **Net Revenue** | $3,299,738 | $1,362,986 | $6,493,260 | $2,830,002 | | **Gross Profit** | $606,459 | $148,759 | $1,158,974 | $432,347 | | **Operating Loss** | $(1,346,021) | $(826,415) | $(2,028,561) | $(1,851,515) | | **Net Loss** | $(1,603,156) | $(942,554) | $(2,521,538) | $(1,993,521) | | **Net Loss Per Share** | $(0.17) | $(0.22) | $(0.27) | $(0.48) | [Condensed Statements of Changes in Stockholders' Equity](index=7&type=section&id=Condensed%20Statements%20of%20Changes%20in%20Stockholders%27%20Equity) Stockholders' equity increased from **$2.34 million** at December 31, 2024, to **$3.54 million** at June 30, 2025, primarily driven by capital raising activities, including **$2.4 million** from the At-The-Market (ATM) program and **$1.17 million** from the exercise of warrants, which more than offset the **$2.52 million** net loss incurred during the period - Key drivers for the increase in stockholders' equity during the first six months of 2025 were: - **Common stock issued via ATM program:** +**$2,407,448**[17](index=17&type=chunk) - **Exercise of warrants:** +**$1,173,158**[17](index=17&type=chunk) - **Net loss:** -**$2,521,538**[17](index=17&type=chunk) [Condensed Statements of Cash Flows](index=11&type=section&id=Condensed%20Statements%20of%20Cash%20Flows) For the six months ended June 30, 2025, the company's cash position decreased by **$1.69 million**, with net cash used in operating activities significantly increasing to **$3.94 million** from **$1.36 million** in the prior year, driven by higher net loss and investments in working capital, partially offset by **$2.72 million** in net cash provided by financing activities, mainly from stock sales and warrant exercises Cash Flow Summary (in USD) | Cash Flow Activity | H1 2025 | H1 2024 | | :--- | :--- | :--- | | **Net cash used in operating activities** | $(3,942,856) | $(1,357,463) | | **Net cash used in investing activities** | $(491,332) | $(566,431) | | **Net cash provided by financing activities** | $2,717,102 | $2,202,108 | | **Net (decrease) increase in cash** | **$(1,688,323)** | **$278,272** | | **Cash - ending of period** | $641,129 | $936,061 | [Notes to Financial Statements](index=13&type=section&id=Condensed%20Consolidated%20Notes%20to%20Financial%20Statements%20(Unaudited)) The notes provide critical context to the financial statements, detailing the company's business, accounting policies, and significant transactions, including a going concern warning due to recurring losses and an accumulated deficit of over **$20 million**, significant reliance on related-party financing, extremely high customer concentration, and commitments related to the new Peru facility lease, technology licensing, and a pending lawsuit - The company is engaged in developing, marketing, and distributing plant-based, dehydrated fruit and vegetable snacks and powders from its production facility in Pisco, Peru, using proprietary GentleDry™ Technology[23](index=23&type=chunk)[24](index=24&type=chunk) - The financial statements were prepared under the assumption of a going concern, but recurring losses, an accumulated deficit of **$20,083,595**, and limited working capital raise substantial doubt about the company's ability to continue operations without additional funding[28](index=28&type=chunk) - The company has a very high customer concentration, with three customers accounting for **97.1%** of net revenue and **97.6%** of accounts receivable for the six months ended June 30, 2025, compared to one customer accounting for **99%** of net revenue in the same period of 2024[81](index=81&type=chunk) - The company initiated an organizational realignment to open its Peru factory, incurring total costs of approximately **$5.5 million**, with realignment costs for the six months ended June 30, 2025, being approximately **$1.07 million**, including capitalized equipment and factory idle capacity expenses[157](index=157&type=chunk)[158](index=158&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=45&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the significant revenue growth of **142%** in Q2 and **129%** in H1 2025, driven by increased sales to major customers, with the transition to in-house manufacturing at the new Peru facility improving gross margins to **18.4%** in Q2, though this transition also led to higher operating expenses, including **$480,320** in idle capacity costs, which widened the net loss, and liquidity remains a concern with a low cash balance and an accumulated deficit of over **$20 million**, raising substantial doubt about the company's ability to continue as a going concern despite recent capital raises [Results of Operations (Q2 2025 vs Q2 2024)](index=47&type=section&id=Results%20of%20Operations%20for%20the%20Three%20Months%20Ended%20June%2030%2C%202025%2C%20and%202024) In Q2 2025, net revenue increased by **142%** to **$3.3 million** compared to Q2 2024, and gross margin improved significantly from **10.9%** to **18.4%** due to the operational start of the new Peru facility, however, operating expenses surged by **347%**, primarily from **$480,320** in factory idle capacity costs, leading to an increased net loss of **$1.6 million**, up from **$0.9 million** in the prior-year quarter - Net revenue grew by **142%** year-over-year, primarily due to increased sales to the company's largest customer[176](index=176&type=chunk) - Gross margin improved to **18.4%** from **10.9%** in the prior year, attributed to the transition from third-party suppliers to the company's own manufacturing facility in Peru[178](index=178&type=chunk) - General and administrative expenses increased by **347%**, largely due to **$480,320** in idle capacity costs associated with the new production facility as it scales up operations[179](index=179&type=chunk)[180](index=180&type=chunk) [Results of Operations (H1 2025 vs H1 2024)](index=50&type=section&id=Results%20of%20Operations%20for%20the%20Six%20Months%20Ended%20June%2030%2C%202025%2C%20and%202024) For the first six months of 2025, net revenue grew **129%** to **$6.5 million**, and gross margin expanded to **17.8%** from **15.3%** in H1 2024, reflecting efficiency gains from the new facility, but despite this, the net loss increased by **26%** to **$2.5 million**, driven by higher general & administrative, shipping, and advertising expenses related to business expansion Six-Month Operational Highlights (in USD) | Metric | H1 2025 | H1 2024 | Change (%) | | :--- | :--- | :--- | :--- | | **Net Revenue** | $6,493,260 | $2,830,002 | +129% | | **Gross Profit** | $1,158,974 | $432,347 | +168% | | **Gross Margin** | 17.8% | 15.3% | +2.5 p.p. | | **Operating Loss** | $(2,028,561) | $(1,851,515) | +9.6% | | **Net Loss** | $(2,521,538) | $(1,993,521) | +26% | [Liquidity and Capital Resources](index=52&type=section&id=Liquidity%20and%20Capital%20Resources) The company's liquidity position improved, with working capital turning positive to **$662,217** at June 30, 2025, from a deficit of **$3.9 million** at year-end 2024, however, cash on hand was low at **$641,129**, and the company has historically relied on debt and equity financing to fund its operations, which have generated an accumulated deficit of **$20.1 million**, with cash used in operations increasing significantly to **$3.9 million** in H1 2025, funded primarily by **$2.7 million** raised from financing activities Working Capital (in USD) | Metric | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Current Assets** | $5,201,109 | $4,916,614 | | **Current Liabilities** | $4,538,892 | $8,813,996 | | **Working Capital** | **$662,217** | **$(3,897,382)** | - Net cash used in operating activities increased by **190%** to **$3.9 million** for H1 2025, mainly due to a **$1.44 million** increase in accounts receivable and a **$0.55 million** increase in prepaid inventory[205](index=205&type=chunk) - Net cash from financing activities was **$2.7 million** in H1 2025, primarily from **$2.4 million** in proceeds from the sale of common stock and **$1.2 million** from warrant exercises, offset by **$0.85 million** in debt repayments[207](index=207&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=54&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is classified as a "smaller reporting company" and is therefore not required to provide quantitative and qualitative disclosures about market risk - As a "smaller reporting company," as defined in Rule 12b-2 of the Exchange Act, the Company is exempt from providing the information required by this item[214](index=214&type=chunk) [Controls and Procedures](index=54&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, evaluated the company's disclosure controls and procedures as of June 30, 2025, and concluded that they were not effective, with no material changes in internal control over financial reporting during the six-month period - Based on an evaluation as of June 30, 2025, the chief executive officer and chief financial officer concluded that the company's disclosure controls and procedures were not effective[215](index=215&type=chunk) - No changes in internal control over financial reporting occurred during the six months ended June 30, 2025, that materially affected, or are reasonably likely to materially affect, internal controls[216](index=216&type=chunk) PART II [PART II. OTHER INFORMATION](index=55&type=section&id=PART%20II.%20OTHER%20INFORMATION) This section covers legal proceedings, risk factors, unregistered sales of equity securities, defaults upon senior securities, other information, and exhibits [Legal Proceedings](index=55&type=section&id=Item%201.%20Legal%20Proceedings) The company is currently involved in a lawsuit filed by its former chief financial officer alleging wrongful termination, and while management believes the outcome is not likely to have a material adverse effect on the company's financial position, the ultimate result is unpredictable and no liability has been accrued - The Company is defending a lawsuit from its former CFO for wrongful termination, and management does not believe the outcome will be materially adverse, but cannot predict the result or estimate a potential loss[218](index=218&type=chunk) [Risk Factors](index=55&type=section&id=Item%201A.%20Risk%20Factors) As a "smaller reporting company," BranchOut Food Inc. is not required to provide risk factor disclosures in its Form 10-Q - The Company is not required to provide the information for this item as it is a "smaller reporting company"[220](index=220&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=55&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%2C%20Use%20of%20Proceeds%20and%20Issuer%20Purchases%20of%20Equity%20Securities) The company reported no unregistered sales of equity securities or use of proceeds during the reporting period - None reported[221](index=221&type=chunk) [Defaults Upon Senior Securities](index=55&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities during the period - None reported[222](index=222&type=chunk) [Other Information](index=55&type=section&id=Item%205.%20Other%20Information) The company reported no other information for this item - None reported[224](index=224&type=chunk) [Exhibits](index=56&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including corporate governance documents like the Articles of Incorporation and Bylaws, as well as certifications from the CEO and CFO as required by the Sarbanes-Oxley Act, and interactive data files (XBRL) - The report includes exhibits such as Articles of Incorporation, Bylaws, CEO/CFO certifications (Rule 13a-14(a) and Section 906), and Inline XBRL documents[225](index=225&type=chunk)