News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
COOL BOF
This is fantastic news!
BranchOut Food Inc. Announces Plan to Eliminate Current Liability Notes Payable with $1 Million Warrant Exercise and Extension of Key Financing Agreements
Kaufman Kapital exercises warrant and extends key debt maturities, providing $1 million in support of BranchOut’s financial strategy
BEND, Ore., June 02, 2025 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in its patented GentleDry™ dehydrated snacks and ingredients, announces the execution of a strategic agreement with Kaufman Kapital LLC, resulting in a $1 million cash infusion through the early exercise of existing warrants. The agreement also includes amendments to existing financing terms that strengthen BranchOut’s balance sheet, allow for debt repayment and extend key debt maturities.
Under the terms of the agreement, Kaufman Kapital will exercise in full an existing warrant to purchase 1,000,000 shares of BranchOut’s common stock, providing the Company with $1,000,000 in cash proceeds no later than June 16, 2025.
In addition, the parties agreed to the following amendments:
Extension of the maturity date of the $3.4 million Senior Secured Convertible Promissory Note from December 31, 2025 to December 31, 2026.
Extension of the maturity date on the remaining $875,000 balance of the original $1.2 million Kaufman Senior Secured Promissory Note to December 31, 2025.
Extension of the expiration date of a separate warrant to purchase 500,000 shares to December 31, 2026
“This Agreement reflects the strong confidence Kaufman Kapital has in our long-term growth strategy and operational execution,” said Eric Healy, CEO of BranchOut Food. “The warrant exercise provides us with additional capital, while the note extensions improve our financial flexibility and strengthen our balance sheet.”
Kaufman Kapital’s decision to exercise its warrant ahead of schedule and extend key financing terms reflects continued confidence in BranchOut’s trajectory. “We’ve been closely following BranchOut’s progress, and the execution we’re seeing across both operations and commercial growth is outstanding,” said a spokesperson for Kaufman Kapital. “Our early exercise of the warrant reflects our strong confidence in the team, the business model, and the long-term opportunity. We’re bullish on where BranchOut is headed and proud to support their continued momentum.”
The $1 million in proceeds from the warrant exercise will be used to pay down outstanding debt obligations as part of BranchOut’s broader initiative to eliminate all current liability notes payable by the end of 2025. This strategic use of capital reflects the Company’s commitment to strengthening its balance sheet and positioning itself for sustained growth.
Path to Material Cash Flow Improvement
BranchOut is entering a transformative phase in its financial profile, with multiple cost burdens and liabilities set to be eliminated or dramatically reduced in the coming months. As the Company continues to scale production, drive efficiencies at its Peru facility, and grow sales, it expects a significant improvement in operating cash flow. Several one-time or transitional expenses tied to the completion of the facility and initial scale-up phase are now concluding.
Senior Secured Notes – The Company plans to repay the $1.56 million in senior secured debt, funded through a combination of cash flow and the $1 million proceeds from the recent warrant exercise. The remaining $875,000 principal on the $1.2 million Kaufman note is expected to be paid gradually through operating cash flow over the remainder of 2025.
Real Estate Credit Position – In 2024, BranchOut strategically acquired the $1.3 million first mortgage on its Peru factory property to secure its long-term lease and eventual right to acquire the building at a significant discount as the property owner undergoes bankruptcy proceedings. This debt, which carried a monthly payment of approximately $152,000, will be fully repaid in June 2025, relieving a major monthly cash burden.
EnWave Equipment Loan – The final payment on one of the EnWave dehydration machines will be made in August 2025, eliminating an additional $44,000 per month in cash outflow.
Peru VAT Reimbursement – Over the past 12 months, BranchOut paid the 18% Peruvian VAT (Value Added Tax) on capital equipment and facility build-out, spending approximately $883,000 and generating an equal amount in recoverable export credits. Going forward, the Company expects to receive refunds at a rate of 18% of its export value—effectively turning those credits into recurring inbound cash flow as exports ramp up.
Air-Dry Capacity Expansion – In Q1 2025, BranchOut made a strategic decision to add dedicated air-drying capacity to its Peru facility, investing approximately $500,000 in additional capital expenditures. This build-out, scheduled for completion in June 2025, is expected to significantly reduce the Company’s dependence on third-party raw material suppliers. The investment enhances vertical integration, improves control over input quality, and supports better gross margins going forward. Importantly, pre-drying fruits and vegetables before they enter the GentleDry™ process increases throughput of the high-capex dehydration equipment by 3–4X, optimizing utilization and delaying the need for additional multi-million-dollar equipment investments.
These developments, combined with rising production efficiency, growing sales, and the Company’s expectation for positive operating income in 2025, are expected to drive a material improvement in BranchOut’s cash generation profile. With the bulk of non-recurring expenses behind it and a clear plan to reduce all remaining near-term liabilities, the Company is now well-positioned to scale sustainably.
Shelf Registration Supports Strategic Optionality
The recently filed $10 million shelf registration is intended solely to provide strategic flexibility for growth capital and reflects sound financial governance. BranchOut does not expect to raise equity to repay debt or fund operating losses. The Company anticipates generating positive operating income in 2025 and intends to repay all remaining current liability notes payable—including debt maturing on December 31, 2025—through a combination of warrant proceeds and operating cash flow.
The shelf enables BranchOut to act opportunistically should compelling growth opportunities arise, such as expanding the sales team, entering new markets, or accelerating key strategic initiatives. The Company does not anticipate raising more than $1–3 million in the second half of 2025, and only to support long-term expansion if such opportunities materialize.
About BranchOut Food Inc.
BranchOut Food is a leading international food technology company, specializing in the production of high-quality dehydrated fruit and vegetable-based products through its proprietary GentleDry Technology. This next-generation dehydration method preserves up to 95% of the original nutrition of fresh produce, offering superior quality and taste. Protected by over 17 patents, BranchOut’s technology enables it to stand out as a trusted brand, ingredient and a private-label supplier. For more information, visit www.branchoutfood.com or follow us on social media here.
For more information:
BranchOut Food Reports Record $3.2M in Q1 Revenue Following Peru Factory Ramp-Up, National Retail Expansion, and $5–6M Ingredient Channel Partnership
Company Reaches Full Vertical Integration with Record Sales; Chinese Tariff Drive Major Retail Opportunity; Strong Momentum Across All Sales Channels
Key Highlights:
Q1 Revenue of $3.2 Million, up 118% with strong growth anticipated throughout the year
Targeted to be debt-free by YE 2025
Peru Facility Fully Operational, supporting $40M+ annual production capacity
Expanded Warehouse Club Partnership, now spanning five U.S. regions with multiple products
Strategic Ingredient Partnership with MicroDried Signed, with multiple containers shipped in Q1 and projecting $5–6 million in annual ingredient sales.
DTC & Brand Strategy Bolstered with the appointment of an experienced Chief Brand Officer to focus on launching the channel.
Tariff Tailwinds Favor BranchOut: With tariffs at 30% on imports from China, BranchOut’s Peru-based bulk production combined with U.S. based retail packaging offers a clear cost advantage as retailers scramble to find alternatives.
BEND, Ore., May 15, 2025 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in its patented GentleDry™ dehydrated snacks and ingredients, today announced record Q1 2025 revenue of $3.2 million, representing a 118% year-over-year increase and highlighting major operational milestones. This performance marks a turning point for BranchOut, as Q1 was the first full quarter of operations at its 50,000-square-foot production facility in Peru. After dedicating much of 2024 to the construction, buildout, and operational ramp-up of the factory, the company is now realizing the benefits of that investment. The facility houses the largest GentleDry™ capacity in the world, supports more than $40 million in annual production, and gives BranchOut full control over product quality, cost structure, and supply chain efficiency.
“We spent 2024 investing heavily in building out the factory. Now that it’s fully operational, Q1 shows what’s possible,” said Eric Healy, CEO of BranchOut. “We’re just getting started. As our team settles in and gains momentum, we expect meaningful improvements in efficiency throughout Q2 and beyond.”
Retail Acceleration: Warehouse Club & National Retailer Growth
BranchOut’s partnership with the nation’s largest warehouse club continues to exceed expectations. Following strong sales in 2024, the club has expanded its orders to five U.S. regions and increased its product count, driving nearly $3 million in sales in H1 2025 alone. Flagship products include:
Bell Pepper Crisps – currently selling in the Los Angeles and Bay Area regions, set to expand into Texas and the Midwest soon.
Pineapple Chips – back in Southeast clubs with nearly $900K in reorders after continued exceptional sales
Organic Chewy Banana Bites – launching soon in Southern California and Hawaii
Brussels Sprout Crisps, Strawberry Halves, Dragon Fruit Chips, Mango Crisps, and several other innovations are currently under consideration by the Warehouse Club, highlighting BranchOut’s ongoing ability to develop and deliver innovative, high-quality products.
In addition, BranchOut has five private-label products in the nation’s largest retailer, including its innovative Brussels Sprout Crisps and Carrot Sticks, now available nationwide.
Strategic Expansion Into Direct-to-Consumer (DTC)
To complement its growing branded business, BranchOut is expanding into the direct-to-consumer (DTC) channel with a focused strategy centered on e-commerce, subscriptions, and digital marketing. The company sees strong opportunity in this category, as many competing freeze-dry brands are produced in China. With newly imposed tariffs, BranchOut’s offers a significant pricing advantage, along with superior texture, flavor, and nutritional retention thanks to its proprietary GentleDry™ technology.
Ingredient Channel & Industrial Expansion
BranchOut has entered into a strategic partnership with MicroDried to lead sales and distribution in the industrial ingredient channel, an initiative expected to generate $5–6 million in annual revenue. Leveraging its deep relationships with major CPG companies, MicroDried is actively expanding market access for BranchOut’s high-quality ingredients. The Company successfully delivered its first order to MicroDried in Q1 and is already ramping up production for multiple follow-on orders in Q2. In parallel, BranchOut has begun fulfilling dried cherry tomatoes for leading salad kit producers and e-commerce grocery platforms, further validating the scalability and versatility of its ingredient platform.
Tariff Tailwinds Favor BranchOut
With U.S. tariffs on Chinese imports reaching 30%, BranchOut is uniquely positioned to benefit from a major shift in global supply chains. A lot of freeze-dried retail products sold in the U.S.—both branded and private label—are currently manufactured in China. In contrast, BranchOut’s vertically integrated model, combining Peru-based production with U.S.-based packaging, offers a cost-efficient, scalable, and tariff-advantaged alternative.
Several leading freeze-dried snack brands generate $20M+ in annual sales across grocery and e-commerce channels but rely heavily on Chinese sourcing. BranchOut was already poised to compete aggressively with these brands due to its superior ingredient quality, proprietary GentleDry™ technology, and flexible supply chain. With the addition of steep new tariffs, the company sees a powerful opportunity to disrupt the category and gain meaningful market share.
In parallel, BranchOut is in active discussions with multiple national retailers to replace China-sourced private label SKUs with its own domestic-aligned offerings—providing both pricing stability and supply chain resilience.
Financial Context: Near-Term Losses Reflect Factory Ramp-Up and Strategic Investment
While the company reported a net loss in Q1, a significant portion is attributed to non-cash depreciation and interest expenses related to the recent completion of its state-of-the-art Peru facility. Additionally, one of the com
sold out at 2.29 / made 1400 bones BOF on the radar
Back over $2 last $2.10♥️
Nothing a great meaty contract announcement can't fix. 1st Q due May 15th, we need to see better bottom results. Growing pains run deep here with negative working capital in 2024. The products are great, as shown by the massive revenue increase. Happy Good Friday, Spuds.😇
baabbabbba my butts beEn wiped boof BOF
The sheep will be buying at $4.00😷
BranchOut Food Inc. (the “Company”) is unable to file its Annual Report on Form 10-K for the year ended December 31, 2024 within the prescribed time period without unreasonable effort or expense. The Company needs additional time to complete the audit of its financial statements, but expects to file its Form 10-K on or before the fifteenth calendar day following the prescribed due date.
Next week
we are golden , knew it was a good one BOF
$2.65 on the close. Sweet🥰
2,55 BOF
5 bones in time easy , patients grasshopper BOF
Hey Spuds buddy! With a strong close of $2.29, we are getting more attention to our diamond in the rough!♥️
BOF doing well again today last trade was $2.20♥️
Trump just said the economy is going to go through the roof, BOF is our BOMB play over 3 quick , get ready
looking good BOF runs hard when it wants , 3 bones BOF / IPO was 6 bones
hey was just thinking of ya , cool move BOF
Got lucky today and added shares this morning for the upcoming April earnings report. Nice action today
Strong close $2.08 💜
Can we close above 2 drumroll please BOF
I will do a lot of research now I may throw more money ay this , shipped from Peru to Dallas Texas for packaging , lucky guess , I'm confused lol BOF https://branchoutfood.com/pages/sales-material These guys are bigger than I thought , geez
i did last week no answer BOF
2 out of 3 rank 49th in corporate taxes , great location and Oregon known for Agricultural prowess BOF
ok Oregon good BOF Hot off the closing of its IPO on the Nasdaq Capital Market last week, Oregon-based dehydrated produce snacks maker BranchOut Food Inc. is expanding its business with new distribution and a U.S. Army contract to aid in the production of MREs (Meals Ready-to-Eat).
The Oregon-based food brand and technology platform company announced Wednesday that it has closed an underwritten initial public offering of 1.19 million shares of common stock at a price of $6 per share. According to a press release, the gross proceeds from the offering – before underwriting discounts and commissions – was $7.1 million. Underwriters have also been granted a 45-day option to purchase up to 178,500 additional shares at the IPO price. BOF
I think they will be scrambling to keep up with demand so dill pickle will have to be on the back burner for now BOF they need to get that 15% deal with Trumps tax cuts for new biz in the states and go to Texas / Florida maybe better for shipping , screw LA
|
Followers
|
8
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
292
|
|
Created
|
06/16/23
|
Type
|
Free
|
| Moderators | |||
AI
