Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 1077

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 9C
Chunk 1077
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    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 
     -  
     (92,959)
  
    Interest income 
     260,894  
     183,703 
  
    Total other income (expense), net 
     242,736  
     11,655 
  
    Net loss 
     (6,993,647) 
     (5,355,869)
  
    Deemed dividend related to warrant exercise price adjustment 
     (44,985) 
     - 
  
    Net loss attributable to common stockholders 
    $(7,038,632) 
    $(5,355,869)

    Net loss per common share attributable to common stockholders - basic and diluted 
    $(0.85) 
    $(0.89)
  
    Weighted average number of shares outstanding - basic and diluted 
     8,245,353  
     6,049,819 

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

 F-4 

BULLFROG
AI HOLDINGS, INC.

CONSOLIDATED
STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Equity
    (Deficit) 

    Series A Preferred Stock  
    Common Stock  
    Additional Paid-in  
    Accumulated  
    Total Stockholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Equity (Deficit