Company: BFRG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023496
Chunk: 62

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 62
---
00 per share and an expiration
                                            date 5.5 years from issuance to the placement agent. The warrants were valued at approximately
                                            $116,436 and, as of September 30, 2025, none of these warrants have been exercised.

    14

Warrants
Issued as Consideration for Services

The
following table summarizes the activity for warrants issued as consideration for services for the nine months ended September 30, 2025
and 2024:

  Schedule
of Warrant Activity 

    Number of 
Warrants  
    Weighted-
Average Exercise 
Price  
    Weighted-
Average 
Remaining 
Contractual 
Term (Years)  
    Aggregate 
Intrinsic Value 
  
    Outstanding at December 31, 2024 
     663,891  
    $1.55  
     5.6  
    $548,380 
  
    Granted 
     5,000  
    $1.22  

    Exercised 
     -  
    $-  

    Forfeited / canceled 
     -  
    $-  

    Outstanding at September 30, 2025 
     668,891  
    $1.54  
     4.9  
    $384,708 
  
    Vested at September 30, 2025 
     664,724  
    $1.55  
     4.9  
    $383,958 

     Number of 
Warrants  
     Weighted-
Average Exercise 
Price  
     Weighted-
Average 
Remaining 
Contractual 
Term (Years)  
     Aggregate 
Intrinsic Value 
  
    Outstanding at December 31, 2023 
     678,176  
    $1.57  
     6.6  
    $1,209,136 
  
    Granted 
     -  
    $-  

    Exercised 
     (14,285) 
    $2.66  

    Forfeited / canceled 
     -  
    $-  

    Outstanding at September 30, 2024 
     663,891  
    $1.55  
     5.8  
    $964,513 
  
    Vested at September 30, 2024