Company: BFRG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023496
Chunk: 59

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 59
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 an automatic annual increase to an amount equal to 15% of the total number of shares outstanding as of the end
of the preceding fiscal year. As of September 30, 2025, there are 14,348 awards authorized but unissued available under the Plan. In
October 2025, the Company’s stockholders approved an amendment to the Plan to increase the number of shares available for issuance
under the Plan by 750,000. 

Stock
Options 

The
following tables summarize the stock option activity for the nine months ended September 30, 2025 and 2024:

 Schedule of Stock Options Activity   

    Number of 
Shares  
    Weighted-
Average 
Exercise Price  
    Weighted-
Average 
Remaining Contractual 
Term (Years)  
    Aggregate 
Instrinsic Value 
  
    Oustanding at December 31, 2024 
     832,731  
    $3.96  
     8.5  
    $   - 
  
    Granted 
     256,500  
    $2.12  

    Exercised 
     -  
    $-  

    Forfeited / canceled 
     (222,819) 
    $3.71  

    Outstanding at September 30, 2025 
     866,412  
    $3.51  
     8.4  
    $- 
  
    Vested at September 30, 2025 
     601,520  
    $3.98  
     8.1  
    $- 

    12

    Number of Shares  
    Weighted-
Average Exercise 
Price  
    Weighted-
Average 
Remaining 
Contractual Term 
(Years)  
    Aggregate 
Intrinsic Value 
  
    Outstanding at December 31, 2023 
     527,717  
    $4.17  
     9.0  
    $112,141 
  
    Granted 
     368,000  
    $3.71  

    Exercised 
     -  
    $-  

    Forfeited / canceled 
     (46,290) 
    $3.95  

    Outstanding at September 30, 2024 
     849,427  
    $3.98