Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 1325

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 15
Chunk 1325
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    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 
    $5,551,830  
    $2,776,586 

 The
accompanying notes are an integral part of these consolidated financial statements.

 F-3 

BULLFROG
AI HOLDINGS, INC.

CONSOLIDATED
STATEMENTS OF OPERATIONS

    2024  
    2023 

    Year Ended December 31, 

    2024  
    2023 
  
    Revenue: 

    Revenue 
    $-  
    $65,000 
  
    Total revenue 
     -  
     65,000 

    Cost of goods sold: 

    Cost of goods sold 
     -  
     5,200 
  
    Total cost of goods sold 
     -  
     5,200 

    Gross profit 
     -  
     59,800 

    Operating expenses: 

    Research and development 
     2,223,265  
     1,432,614 
  
    General and administrative 
     5,013,118  
     3,994,710 
  
    Total operating expenses 
     7,236,383  
     5,427,324 

    Loss from operations 
     (7,236,383) 
     (5,367,524)

    Other income (expense), net 

    Interest expense 
     (18,158) 
     (79,089)
  
    Loss on conversion of notes