For the waffles, cut the mochi into 1/4 inch slices that will fit nicely onto your preheated waffle iron. Lay about 6-8 slices of mochi per waffle. Close the iron and cook for about 3 minutes. They will be puffed and soft (overcooking will make them crispy and not as tasty). Serve right away with the topping of your choice.
Sliced apples carmelized in a little oil and maples syrup are a great choice. Add a little toasted walnuts for a fantastic blend of flavor.