Preheat the oven to 375 degrees. Grease a non-stick donut pan or use a silicone one. In a large bowl, combine oat flour, almond flour, coconut sugar, cocoa powder, baking powder, and salt.
In a separate bowl combine the eggs, milk, honey, oil, and vanilla extract.
Add the wet ingredients to the dry ingredients and combine until smooth. Do not over mix.
Fill each donut mold close to the top.
Bake for 10-12 minutes or until an inserted toothpick comes out clean.
Remove the donuts from the oven and allow them to cool for 5 minutes in the pan. Carefully remove them and allow them to finish cooling on a wire rack.
While the donuts are cooling, prepare the glaze. Melt the chocolate chips in a microwave safe bowl in 30 second increments until melted. Mix in the melted coconut oil until smooth.
Dip the surface of each donut in the chocolate glaze and top with some sprinkles, if desired. Allow the glaze to harden at room temperature or in the fridge.