Company: BFRG
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023560
Chunk: 0

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 0
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Bullfrog
AI Holdings, Inc.

Condensed
Consolidated Balance Sheets

(Unaudited)

    June 30, 2025  
    December 31, 2024 

    Assets 

    Current assets 

    Cash and cash equivalents 
    $2,473,635  
    $5,435,983 
  
    Prepaid expenses 
     228,837  
     111,597 
  
    Total current assets 
     2,702,472  
     5,547,580 

    Restricted cash 
     105,000  
     - 
  
    Property and equipment, net 
     3,387  
     4,250 
  
    Investments 
     58,335  
     - 
  
    Total assets 
    $2,869,194  
    $5,551,830 

    Liabilities and Stockholders’ Equity 

    Current liabilities 

    Accounts payable 
    $181,793  
    $435,934 
  
    Accrued expenses 
     363,922  
     152,156 
  
    Deferred revenue 
     25,078  
     - 
  
    Short term insurance financing 
     110,291  
     - 
  
    Total current liabilities 
     681,084  
     588,090 
  
    Total liabilities 
     681,084  
     588,090 

    Stockholders’ equity 

    Series A Convertible Preferred stock, $0.00001 par value, 5,500,000 shares authorized; 73,449 shares issued and outstanding as of June 30, 2025 and December 31, 2024. 
     1  
     1 
  
    Common stock, $0.00001 par value, 100,000,000 shares authorized; 9,627,114 and 9,113,139 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively. 
     96  
     91 
  
    Additional paid-in capital 
     22,447,851  
     21,757,204 
  
    Accumulated deficit 
     (20,259,838) 
     (16,793,556)
  
    Total stockholders’ equity 
     2