Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 755

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 7
Chunk 755
---
 uncertain tax position if it is more likely than not that the tax position will be sustained
on examination by taxing authorities. Interest and penalties associated with such uncertain tax positions are classified as a component
of income tax expense.

Stock-Based
Compensation

Employee
and non-employee share-based compensation is measured at the grant date, based on the fair value of the award, and is recognized as an
expense over the requisite service period. Forfeitures are recognized as they occur.

Net Loss per
Share

The
Company calculates basic net loss per common share by dividing the net loss available to common stockholders by the weighted-average
number of shares of common stock outstanding during the period.

Diluted
earnings per share is computed by giving effect to all potentially dilutive common stock equivalents in the period, including unvested
stock options and warrants. As the Company has reported losses for all periods presented, all potentially dilutive securities have been
excluded from the calculation of diluted net loss per common share as their effect would be antidilutive.

Recent Accounting
Pronouncements

In
January 2024, the Company adopted Accounting Standards Update (ASU) 2023-07, Improvements to Reportable Segment Disclosures (Topic
280). The new standard improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant
segment expenses that are regularly provided to the chief operating decision maker. ASU 2023-07 also clarifies that entities with a single
reportable segment are subject to both new and existing reporting requirements under Topic 280. See the Segment Reporting section
within Note 2.

In
December 2023, the FASB issued ASU No. 2023-09: Income Taxes (Topic 740): Improvements to Income Tax Disclosures that
requires entities to disclose additional information about federal, state, and foreign income taxes primarily related to the income tax
rate reconciliation and income taxes paid. The new standard also eliminates certain existing disclosure requirements related to uncertain
tax positions and unrecognized deferred tax liabilities. The guidance is effective for the Company’s fiscal year ending December
31, 2025. The guidance does not affect recognition or measurement in the Company’s consolidated financial statements. 

The
Company does not believe that any other recently issued effective pronouncements, or pronouncements issued but not yet effective, if
adopted, would have a material effect on the accompanying financial statements.

 3. Property and Equipment

Property and
equipment consisted