Company: BFRG
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001641172-25-009946
Chunk: 0

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-05-13
Form: 10-Q
Item: Item 1
Chunk 0
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Bullfrog
AI Holdings, Inc.

Condensed
Consolidated Balance Sheets

(Unaudited)

    March 31, 2025  
    December 31, 2024 

    Assets 

    Current assets 

    Cash and cash equivalents 
    $3,801,928  
    $5,435,983 
  
    Prepaid expenses 
     280,126  
     111,597 
  
    Total current assets 
     4,082,054  
     5,547,580 

    Property and equipment, net 
     3,818  
     4,250 
  
    Total assets 
    $4,085,872  
    $5,551,830 

    Liabilities and Stockholders’ Equity 

    Current liabilities 

    Accounts payable 
    $210,533  
    $435,934 
  
    Accrued expenses 
     464,794  
     152,156 
  
    Short term insurance financing 
     164,070  
     - 
  
    Total current liabilities 
     839,397  
     588,090 
  
    Total liabilities 
     839,397  
     588,090 

    Stockholders’ equity 

    Series A Convertible Preferred stock, $0.00001 par value, 5,500,000 shares authorized; 73,449 shares issued and outstanding as of March 31, 2025 and December 31, 2024. 
     1  
     1 
  
    Common stock, $0.00001 par value, 100,000,000 shares authorized; 9,415,525 and 9,113,139 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively. 
     94  
     91 
  
    Additional paid-in capital 
     22,057,489  
     21,757,204 
  
    Accumulated deficit 
     (18,811,109) 
     (16,793,556)
  
    Total stockholders’ equity 
     3,246,475  
     4,963,740 
  
    Total liabilities and stockholders’ equity 
    $4,085,872  
    $5,551,830 

The
accompanying