BranchOut Food Inc.
For the period ended Mar 31, 2025. Filed May 15, 2025.
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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.
Mar 31, 2025 · Filed May 15, 2025
BOF$1.66-1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Three Months Ended | ||||
|---|---|---|---|---|
| March 31, | ||||
| 2025 · 2024 | ||||
| Cash flows from operating activities | ||||
| Net loss | $(918,382) | $(1,050,967) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation expense | 152,355 | 56,336 | ||
| Loss on disposal of property and equipment | 558 | - | ||
| Amortization of debt discounts | 16,419 | 14,666 | ||
| Common stock issued for services | - | 149,594 | ||
| Options and warrants issued for services | 4,024 | 376,384 | ||
| Decrease (increase) in assets: | ||||
| Accounts receivable | (1,035,104) | 135,573 | ||
| Advances on inventory purchases | (109,301) | (319,974) | ||
| Inventory | 340,668 | 218,740 | ||
| Other current assets | (14,325) | (31,437) | ||
| Right-of-use asset | 47,075 | 8,454 | ||
| Other assets | (202,464) | - | ||
| Increase (decrease) in liabilities: | ||||
| Accounts payable | (56,513) | 14,194 | ||
| Accounts payable, related parties | - | 12,000 | ||
| Accrued expenses | (162,217) | (87,141) | ||
| Operating lease liability | 10,085 | - | ||
| Net cash used in operating activities | (1,927,122) | (503,578) | ||
| Cash flows from investing activities | ||||
| Purchase of property and equipment | (377,841) | (50,000) | ||
| Payments received on notes receivable | - | 9,900 | ||
| Net cash used in investing activities | (377,841) | (40,100) | ||
| Cash flows from financing activities | ||||
| Payment of deferred offering costs | (15,610) | - | ||
| Repayment of notes payable | (84,235) | (200,000) | ||
| Proceeds received on notes payable, related parties | - | 345,000 | ||
| Principal payments on finance lease | (7,687) | (7,411) | ||
| Proceeds from sale of common stock pursuant to ATM program | 2,423,058 | - | ||
| Proceeds from exercise of underwriters’ warrants | 38,157 | - | ||
| Net cash provided by financing activities | 2,353,683 | 137,589 | ||
| Effect of exchange rate changes on cash | 8,209 | - | ||
| Net increase (decrease) in cash | 56,929 | (406,089) | ||
| Cash - beginning of period | 2,329,452 | 657,789 | ||
| Cash - ending of period | $2,386,381 | $251,700 | ||
| Supplemental disclosures: | ||||
| Interest paid | $63,621 | $14,617 | ||
| Income taxes paid | $ | - | $ | - |
| Non-cash investing and financing transactions: | ||||
| Relative fair value of warrants issued as a debt discount | $ | - | $8,861 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.