Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 614

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 5
Chunk 614
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 used in operating activities: 

    Depreciation 
     1,724  
     1,725 
  
    Stock-based compensation 
     943,649  
     631,533 
  
    Shares issued for services 
     -  
     50,000 
  
    Loss on conversion of notes 
     -  
     92,959 
  
    Amortization of debt discount 
     -  
     20,000 
  
    Changes in operating assets and liabilities: 

    Prepaid expense 
     34,285  
     (130,882)
  
    Accounts payable 
     332,278  
     (440,337)
  
    Accrued expenses 
     71,462  
     (838,428)
  
    Deferred revenue 
     -  
     (32,000)
  
    Net cash used in operating activities 
     (5,610,249) 
     (6,001,299)

    Cash flows from investing activities: 

    Purchases of property and equipment 
     -  
     - 
  
    Net cash used in investing activities 
     -  
     - 

    Cash flows from financing activities: 

    Proceeds from issuance of common stock and warrants, net of issuance costs 
     8,315,686  
     7,293,651 
  
    Proceeds from exercise of warrants 
     105,816  
     1,494,658 
  
    Proceeds from notes payable 
     -  
     100,000 
  
    Payments of notes payable 
     -  
     (319,950)
  
    Proceeds from short term insurance financing 
     561,885  
     697,534 
  
    Payments of short term insurance financing 
     (561,885) 
     (697,534)
  
    Net cash provided by financing activities 
     8,421,502  
     8,568,359 

    Net increase in cash and cash equivalents 
     2,811,253  
     2,567,060 
  
    Cash and cash equivalents, beginning of period 
     2,624,730  
     57,670 
  
    Cash and cash equivalents, end of period 
    $5,435,983