Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 679

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 6
Chunk 679
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     2,592,236 
  
    Total liabilities and stockholders’ equity 
    $5,551,830  
    $2,776,586 

 The
accompanying notes are an integral part of these consolidated financial statements.

 F-3 

BULLFROG
AI HOLDINGS, INC.

CONSOLIDATED
STATEMENTS OF OPERATIONS

    2024  
    2023 

    Year Ended December 31, 

    2024  
    2023 
  
    Revenue: 

    Revenue 
    $-  
    $65,000 
  
    Total revenue 
     -  
     65,000 

    Cost of goods sold: 

    Cost of goods sold 
     -  
     5,200 
  
    Total cost of goods sold 
     -  
     5,200 

    Gross profit 
     -  
     59,800 

    Operating expenses: 

    Research and development 
     2,223,265  
     1,432,614 
  
    General and administrative 
     5,013,118  
     3,994,710 
  
    Total operating expenses 
     7,236,383  
     5,427,324 

    Loss from operations 
     (7,236,383) 
     (5,367,524)

    Other income (expense), net 

    Interest expense 
     (18,158) 
     (79,089)
  
    Loss on conversion of notes 
     -  
     (92,959)
  
    Interest income 
     260,894  
     183,703 
  
    Total other income (expense), net 
     242,736  
     11,655 
  
    Net loss 
     (6,993,647) 
     (5,355,869)
  
    Deemed dividend related to warrant exercise price adjustment 
     (44,985) 
     - 
  
    Net loss attributable to common stockholders 
    $(7,038,632) 
    $(5,355,869)

    Net loss per common share attributable to common stockholders - basic and diluted 
    $(0.85) 
    $(0.89)
  
    Weighted average number of shares