Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 696

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 6
Chunk 696
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399,987 shares
                                            of common stock were issued.

●In
                                            October 2024, 62,600 warrants with an exercise price of $2.00 and an expiration date 5.5
                                            years from issuance to the underwriters. The warrants were valued at approximately $116,436
                                            and as of December 31, 2024, none of these warrants have been exercised.

Warrants
Issued as Consideration for Services

The
following table summarizes the activity for warrants issued as consideration for services for the years ended December 31, 2024 and 2023:

  Schedule
of Warrant Activity 

    Number of Warrants  
    Weighted-Average Exercise Price  
    Weighted-Average Remaining Contractual Term (Years)  
    Aggregate Intrinsic Value 
  
    Outstanding at December 31, 2022 
     678,176  
    $1.57  
     7.6  
    $2,131,123 
  
    Granted 
     -  
    $-  

    Exercised 
     -  
    $-  

    Forfeited / canceled 
     -  
    $-  

    Outstanding at December 31, 2023 
     678,176  
    $1.57  
     6.6  
    $1,209,136 
  
    Granted 
     -  
    $-  

    Exercised 
     (14,285) 
    $2.66  

    Forfeited / canceled 
     -  
    $-  

    Outstanding at December 31, 2024 
     663,891  
    $1.55  
     5.6  
    $548,380 
  
    Vested at December 31, 2024 
     663,891  
    $1.55  
     5.6  
    $548,380 

During
the years ended December 31, 2024 and 2023, the Company recognized $3,007 and $39,265, respectively of compensation expense related to
certain warrants. 

As
of December 31, 2024, there was no unrecognized compensation expense as no unvested warrants remain.

The
total grant-date fair value of warrants vested during the year ended December 31