Company: BFRG
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023560
Chunk: 49

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 49
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 2025 and 2024:

 Schedule of Stock Options Activity   

    Number of Shares  
    Weighted-Average Exercise Price  
    Weighted-Average Remaining Contractual Term (Years)  
    Aggregate Intrinsic Value 
  
    Outstanding at December 31, 2024 
     832,731  
    $    3.96  
         8.5  
    $       - 
  
    Granted 
     211,500  
    $2.19  

    Exercised 
     -  
    $-  

    Forfeited / canceled 
     (105,304) 
    $3.84  

    Outstanding at June 30, 2025 
     938,927  
    $3.57  
     8.3  
    $- 
  
    Vested at June 30, 2025 
     637,226  
    $3.90  
     7.9  
    $- 

    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 
     313,000  
    $3.86  

    Exercised 
     -  
    $-  

    Forfeited / canceled 
     (9,792) 
    $5.45  

    Outstanding at June 30, 2024 
     830,925  
    $4.04  
     8.9  
    $- 
  
    Vested at June 30, 2024 
     405,102  
    $4.03  
     8.5  
    $- 

    11

The
fair value of options granted in the six months ended June 30, 2025 and 2024 was estimated using the Black-Scholes option pricing model
based on the assumptions in the table below: 

 Schedule of Black Scholes Option Pricing Model  

    Six Months Ended June 30, 

    2025  
    2024