Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 1354

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 16
Chunk 1354
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1. 

The Woodlands, Texas 

March 14, 2025

 F-2 

BULLFROG
AI HOLDINGS, INC.

CONSOLIDATED
BALANCE SHEETS

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Assets 

    Current assets: 

    Cash and cash equivalents 
    $5,435,983  
    $2,624,730 
  
    Prepaid expenses 
     111,597  
     145,882 
  
    Total current assets 
     5,547,580  
     2,770,612 

    Property and equipment, net 
     4,250  
     5,974 
  
    Total assets 
    $5,551,830  
    $2,776,586 

    Liabilities and Stockholders’ Equity (Deficit) 

    Current liabilities: 

    Accounts payable 
    $435,934  
    $103,656 
  
    Accrued expenses 
     152,156  
     80,694 
  
    Total current liabilities 
     588,090  
     184,350 
  
    Total liabilities 
     588,090  
     184,350 

    Stockholders’ equity: 

    Series A Convertible Preferred stock, $0.00001 par value, 5,500,000 shares  authorized;
    73,449 shares issued and outstanding as of December 31, 2024 and 2023. 
     1  
     1 
  
    Common stock, $0.00001 par value, 100,000,000 shares authorized; 9,113,139 and
    6,094,644 shares issued and outstanding as of December 31, 2024 and 2023, respectively. 
     91  
     61 
  
    Additional paid-in capital 
     21,757,204  
     12,347,098 
  
    Accumulated deficit 
     (16,793,556) 
     (9,754,924)
  
    Total stockholders’ equity 
     4,963,740  
     2,592,236 
  
    Total liabilities and stockholders’ equity 
    $5,