Company: BFRG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023496
Chunk: 1

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 1
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 equity 
     1,943,655  
     4,963,740 
  
    Total liabilities and stockholders’ equity 
    $2,702,356  
    $5,551,830 

See
accompanying notes to unaudited condensed consolidated financial statements.

2

BullFrog
AI Holdings, Inc.

Condensed
Consolidated Statements of Operations

(Unaudited)

    2025  
    2024  
    2025  
    2024 

    Three Months Ended  
    Nine Months Ended 

    September 30,  
    September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Revenue 

    Collaboration revenue 
    $83,413  
    $-  
    $116,670  
    $- 
  
    Total revenue 
     83,413  
     -  
     116,670  
     - 

    Cost of revenue 

    Cost of collaboration revenue 
     68,043  
     -  
     94,778  
     - 
  
    Total cost of revenue 
     68,043  
     -  
     94,778  
     - 

    Gross profit 
     15,370  
     -  
     21,892  
     - 

    Operating expenses 

    Research and development 
     345,992  
     566,584  
     1,402,549  
     1,632,409 
  
    General and administrative 
     1,239,061  
     1,253,357  
     3,715,319  
     3,835,213 
  
    Total operating expenses 
     1,585,053  
     1,819,941  
     5,117,868  
     5,467,622 

    Loss from operations 
     (1,569,683) 
     (1,819,941) 
     (5,095,976) 
     (5,467,622)

    Other income (expense), net 

    Interest expense, net 
     (1,543) 
     (4,