Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 342

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1C
Chunk 342
---
9  
     105,807  
     -  
     105,816 
  
    Deemed dividend related to warrant price adjustment 
     -  
     -  
     -  
     -  
     44,985  
     (44,985) 
     - 
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     (6,993,647) 
     (6,993,647)
  
    Balance at December 31, 2024 
     73,449  
    $1  
     9,113,139  
    $91  
    $21,757,204  
    $(16,793,556) 
    $4,963,740 
  
    Balance 
     73,449  
    $1  
     9,113,139  
    $91  
    $21,757,204  
    $(16,793,556) 
    $4,963,740 

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

 F-5 

BULLFROG
AI HOLDINGS, INC.

CONSOLIDATED
STATEMENTS OF CASH FLOWS

    2024  
    2023 

    Year Ended December 31, 

    2024  
    2023 
  
    Cash flows from operating activities: 

    Net loss 
    $(6,993,647) 
    $(5,355,869)
  
    Adjustments to reconcile net loss to net cash 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)