BranchOut Food Inc
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 14, 2024
BOF$1.69+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
BRANCHOUT FOOD INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash | $1,069,193 | $657,789 |
| Accounts receivable | 940,560 | 635,549 |
| Advances on inventory purchases | 337,945 | - |
| Inventory | 844,025 | 336,805 |
| Other current assets | 149,570 | 48,100 |
| Total current assets | 3,341,293 | 1,678,243 |
| Property and equipment, net | 3,362,051 | 914,999 |
| Right-of-use assets | 1,983,629 | 147,228 |
| Other assets | 520,411 | - |
| Note receivable | 359,982 | 384,628 |
| Total Assets | $9,567,366 | $3,125,098 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $826,299 | $382,948 |
| Accrued expenses | 192,336 | 165,244 |
| Notes payable, current portion | 374,898 | 200,000 |
| Notes payable, related parties | 1,200,000 | - |
| Operating lease liability, current portion | 11,673 | - |
| Finance lease liability, current portion | 33,546 | 30,901 |
| Total current liabilities | 2,638,752 | 779,093 |
| Convertible notes payable, related parties, net of discounts, net of current portion | 1,916,629 | - |
| Notes payable, net of current portion | 34,500 | 34,500 |
| Notes payable, related parties, net of discounts, net of current portion | 1,450,345 | - |
| Operating lease liability, net of current portion | 1,926,970 | - |
| Finance lease liability, net of current portion | 75,529 | 101,029 |
| Total Liabilities | 8,042,725 | 914,622 |
| Stockholders’ Equity: | ||
| Preferred stock, $0.001 par value, 8,000,000 shares authorized; no shares issued and outstanding | - | - |
| Common stock, $0.001 par value, 80,000,000 shares authorized; 6,924,600 and 4,044,252 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 6,925 | 4,044 |
| Additional paid-in capital | 17,594,377 | 15,016,973 |
| Accumulated other comprehensive loss | (1,794) | - |
| Accumulated deficit | (16,074,867) | (12,810,541) |
| Total Stockholders’ Equity | 1,524,641 | 2,210,476 |
| Total Liabilities and Stockholders’ Equity | $9,567,366 | $3,125,098 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.