BranchOut Food (BOF)

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BranchOut Launches New Crunchy Fruit Multipack for Warehouse Club Expansion
Prism Media Wire· 2025-09-30 10:32
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]
BranchOut Launches New Crunchy Fruit Multipack for Warehouse Club Expansion
Globenewswire· 2025-09-30 10:30
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]
BranchOut Secures $1.17 Million in new Warehouse Club Pineapple Chip Reorders Across Midwest and Southeast Regions and Significantly Reduces Debt
Globenewswire· 2025-09-03 10:30
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]
BranchOut Food (BOF) - 2025 Q2 - Quarterly Report
2025-08-13 21:27
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)
BranchOut Food (BOF) - 2025 Q2 - Quarterly Results
2025-08-13 13:15
[Form 8-K Current Report](index=1&type=section&id=Form%208-K%20Current%20Report) This Form 8-K filing details BranchOut Food Inc.'s financial results, accompanying exhibits, and corporate authorization [Item 2.02 Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) BranchOut Food Inc. announced selected financial results for the quarter and six-month periods ended June 30, 2025, via a press release - The company issued a press release on **August 11, 2025**, detailing financial results for the quarter and six months ended **June 30, 2025**[4](index=4&type=chunk) - Information in the press release (Exhibit 99.1) is **furnished**, not filed, limiting liability under Section 18 of the Exchange Act[5](index=5&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section details the exhibits accompanying the Form 8-K filing, primarily the August 11, 2025, press release - Exhibits include **Exhibit 99.1**, the Press Release dated August 11, 2025, and **Exhibit 104**, the Cover Page Interactive Data File[7](index=7&type=chunk) [Signatures](index=3&type=section&id=Signatures) The report was officially signed and authorized by BranchOut Food Inc.'s Chief Executive Officer on August 13, 2025 - The report was signed by **Eric Healy**, CEO of BranchOut Food Inc., on **August 13, 2025**[9](index=9&type=chunk)[10](index=10&type=chunk)
BranchOut Food Achieves Record $1.7M Monthly Revenue in June, Record 27% Gross Margin, and Approaches Breakeven EBITDA
Globenewswire· 2025-08-11 10:30
Core Insights - BranchOut Food Inc. reported a record performance in June 2025, achieving the highest monthly revenue of approximately $1.7 million and a gross margin of 27% [4][8] - The company experienced a year-to-date revenue growth of 129% compared to the same period in 2024, driven by strong demand across retail and ingredient channels [8][12] - Operational improvements were noted, with factory throughput increasing by 50% in June, and inventory turnover reduced to under 60 days [5][8] Financial Performance - The first half of 2025 saw revenue more than double year-over-year, with an EBITDA loss of $1.6 million primarily due to one-time scale-up costs [12] - Current liability debt was significantly reduced by 67%, from $6.39 million to $2.16 million in Q2 [8][11] - Management anticipates improved financial performance in the second half of the year due to enhanced operational efficiency and lower freight costs [12] Operational Efficiency - The company has been actively working to address a backlog of orders since opening its Peru facility, which has led to temporary reliance on air freight, impacting margins [5][8] - As operations catch up, gross margins are expected to improve by approximately 3-4% by transitioning from air freight to ocean freight [5] - The company is focused on scaling production efficiently for new products, with significant orders already placed by major retailers [6][7] Growth Strategy - BranchOut is committed to rapid growth through agile product development, which includes training new teams and optimizing production processes [6][10] - The company is well-positioned for continued growth, supported by strong sell-through in warehouse clubs and national retailers, as well as growing ingredient sales through partnerships [13] - Tariffs on Chinese imports are expected to provide additional competitive advantages for the company [13]
BranchOut Secures $2.8M in New Warehouse Club Orders as Pineapple, Banana, and Bell Pepper Surge; Strawberry Launches as Fourth Item and 2026 Expansion Plans Advance
Prism Media Wire· 2025-07-30 10:35
Core Insights - BranchOut Food Inc. has secured over $2.8 million in new orders from a major warehouse club, driven by strong consumer demand for its products, particularly Pineapple Chips, Chewy Banana Bites, and the upcoming launch of Crunchy Strawberry Halves [3][4][11] Product Performance - Pineapple Chips and Chewy Banana Bites have shown strong sales performance, leading to significant reorder volumes, including a $714,000 order for Pineapple Chips in the Southeast and an $860,000 order for Chewy Banana Bites in the Midwest [6][4] - The Midwest region alone has generated over $1.8 million in orders across three different SKUs, indicating robust market acceptance [5][6] - The new Crunchy Strawberry Halves are expected to replace an imported product, with early performance suggesting it could become a top-selling item [7][11] Innovation and Expansion Plans - BranchOut is preparing to launch a new line of snack packs targeted at children, aimed at grocery retailers, which is projected to be a $20–30 million opportunity [12][13] - The company has a pipeline of innovative products ready for retail presentations, including Mango Slices, Dragon Fruit, and Snack Mixes, designed to meet growing consumer demand for nutritious snacks [9][11] - The multipack format is anticipated to double the addressable market opportunity within warehouse clubs, with interest already expressed by retailers [13] Operational Strategy - The company is raising $3 million through an ATM program to support growth initiatives, including strategic hires, expanded partnerships, and new product development [16] - BranchOut's GentleDry™ technology is fully operational, with plans to address bottlenecks in preprocessing to maximize production capacity [15][17]
BranchOut Secures $2.8M in New Warehouse Club Orders as Pineapple, Banana, and Bell Pepper Surge; Strawberry Launches as Fourth Item and 2026 Expansion Plans Advance
Globenewswire· 2025-07-30 10:30
Core Insights - BranchOut Food Inc. has received over $2.8 million in new orders from a major warehouse club, indicating strong consumer demand and brand validation in the better-for-you snack category [2][10] - The company is expanding its product offerings with the launch of new items, including Crunchy Strawberry Halves, which are expected to become a staple in the warehouse club channel [5][11] - BranchOut is preparing a robust pipeline of innovative products aimed at enhancing its market presence and meeting consumer demand for nutritious snacks [8][10] Product Performance - Pineapple Chips and Organic Chewy Banana Bites have shown strong sales performance, leading to significant reorder volumes, including a $714,000 order for Pineapple Chips in the Southeast and an $860,000 order for Chewy Banana Bites in the Midwest [6][3] - The Midwest region alone has accounted for over $1.8 million in orders across three different SKUs, demonstrating the scalability of these products [4][6] - The upcoming launch of Crunchy Strawberry Halves is expected to replace an imported freeze-dried product, offering superior quality and value [5][6] Growth Strategy - BranchOut plans to launch a new branded line of snack packs targeted at kids and school lunches in 2026, aiming for placement in grocery produce departments to improve margins [11][12] - The multipack format presents a significant opportunity, potentially doubling the addressable market within the warehouse club channel [12] - The company is also developing a breakthrough product line outside the fruit and vegetable category, leveraging its GentleDry™ technology [13][14] Operational Enhancements - The company is raising $3 million through an ATM program to support growth initiatives, including strategic hires and operational enhancements [15] - BranchOut's Peru facility is currently underutilized, with plans to address bottlenecks in preprocessing to unlock the full potential of its GentleDry™ technology [14][15] - Investments in vertical integration and additional capital expenditures are expected to resolve existing constraints and enhance scalability [14][15]
BranchOut Food Expands Collaboration with U.S. Army for New Field Ration Initiative
Globenewswire· 2025-07-22 10:30
Core Insights - BranchOut Food Inc. has announced the inclusion of its Cinnamon Churro Banana Chips in the upcoming Initial Operational Test and Evaluation (IOT&E) for the Close Combat Assault Ration (CCAR) by the U.S. Army [1][2][3] - The CCAR is designed to provide troops with lightweight, nutrient-dense, and shelf-stable food solutions for up to five days [2][3] - The initiative highlights the effectiveness of BranchOut's GentleDry technology, which preserves up to 95% of the original nutrition of fresh produce [7] Company Overview - BranchOut Food Inc. specializes in clean-label snacks and innovative dehydration technology, positioning itself as a leader in the food technology sector [1][7] - The company is working with the U.S. Army's Combat Capabilities Development Command (DEVCOM) to explore future military rations, indicating a strong alignment with government needs [4][5] - BranchOut's strategy includes commercializing its patented GentleDry platform across various markets, including national retail and international food security programs [5] Product Development - The Cinnamon Churro Banana Chips will undergo testing where DEVCOM will gather feedback from Warfighters, emphasizing the product's potential for military applications [3][4] - BranchOut is actively reviewing multiple products for future inclusion in military menus, showcasing its commitment to innovation in high-performance food solutions [4][5] Technology and Innovation - The GentleDry technology is protected by over 17 patents, allowing BranchOut to differentiate itself in the market as a trusted supplier of high-quality dehydrated products [7] - The company aims to push the boundaries of food innovation in demanding environments, reflecting its focus on taste, nutrition, and durability [4]
BranchOut Food's Brussels Sprout Crisps Expand Nationally in the Nation's Largest Retailer and Launches New Sweet Potato Snack
Prism Media Wire· 2025-07-08 10:30
Core Insights - BranchOut Food Inc. is expanding its innovative Brussels Sprout Crisps to 3,945 stores, nearly doubling its previous distribution, following strong sales performance [2][3] - The company is also launching a new product, Cinnamon Sweet Potato Sticks, in 1,952 locations, which represents about 50% of the retailer's footprint [4] - The expansion highlights the effectiveness of BranchOut's proprietary GentleDry™ technology, which preserves the nutritional quality of the snacks [5][6] Financial Performance - For the three months ended May 31, 2024, BranchOut reported net sales of $6.5 million, a significant increase from $3.6 million in the same period of 2023 [1] - Gross profit for the same period was $2.45 million, compared to $1.78 million in 2023, indicating improved profitability [1] - The company achieved a net income of $330,837, a substantial increase from $53,406 in the previous year [1] Product Innovation - The Brussels Sprout Crisps are noted for their unique market position as the first of their kind, receiving an overwhelming consumer response since their launch [3] - The new Cinnamon Sweet Potato Sticks are designed to offer a crunchy, lightly sweet experience, utilizing the GentleDry™ technology to maintain the produce's quality [4] - BranchOut's focus on innovation is further validated by its growing partnership with the nation's largest retailer, enhancing its market presence [5] Market Position - BranchOut Food is recognized as a leader in food technology, specializing in high-quality dehydrated snacks [6] - The company holds over 17 patents for its GentleDry™ technology, which preserves up to 95% of the original nutrition of fresh produce, setting it apart in the industry [6] - The expansion of its product line and distribution channels positions BranchOut as a preferred supplier for innovative dried fruit and vegetable snacks [5]