Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 445

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 445
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 similar to emerging growth companies,
smaller reporting companies have reduced disclosure obligations regarding executive compensation. 

ITEM
7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a smaller
reporting company, the Company is not required to provide the information required by this Item.

ITEM
8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

The
financial statements required to be filed pursuant to this Item 8 are appended to this Annual Report on Form 10-K. See “Index to
Consolidated Financial Statements” which appears on page F-1 of this Annual Report on Form 10-K, and is incorporated herein by
reference.

ITEM
9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM
9A. CONTROLS AND PROCEDURES

Evaluation
of Disclosure Controls and Procedures

We
are required to maintain “disclosure controls and procedures” as such term is defined in Rule 13a-15(e) under the Securities
Exchange Act of 1934 (the “Exchange Act”). In designing and evaluating our disclosure controls and procedures, our management
recognized that disclosure controls and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute,
assurance that the objectives of disclosure controls and procedures are met. The design of any disclosure controls and procedures is
also based, in part, upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will
succeed in achieving its stated goals under all potential future conditions. We conducted an evaluation of the effectiveness of
our disclosure controls and procedures as of December 31, 2024. Based on this evaluation, our chief executive officer and chief financial
officer concluded that our disclosure controls and procedures were not effective as of the end of the reporting period covered in this
Annual Report on Form 10-K, as a result of the material weaknesses in our internal control over financial reporting described below.
Notwithstanding the identified material weaknesses, our management has concluded that the audited consolidated financial statements in
this filing on Form 10-K, fairly present, in all material respects, our financial position, results of operations and cash flows as of
and for the periods presented in conformity with GAAP.

Management’s
Report on Internal Control over Financial Reporting

Our
management is responsible for establishing and maintaining adequate internal control over financial reporting, as