BullFrog AI Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
BFRG$0.60+8.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (unaudited)
Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| Cash flows from operating activities: | ||||
| Net loss | $(5,278,904) | $(4,058,923) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation | 1,293 | 1,293 | ||
| Stock-based compensation | 729,370 | 511,177 | ||
| Shares issued for services | - | 50,000 | ||
| Loss on conversion of notes | - | 92,959 | ||
| Amortization of debt discount | - | 20,000 | ||
| Changes in operating assets and liabilities: | ||||
| Prepaid expenses | (212,655) | (337,433) | ||
| Accounts payable | (12,282) | (433,490) | ||
| Accrued expenses | 434,964 | (796,865) | ||
| Deferred revenue | - | (32,000) | ||
| Net cash used in operating activities | (4,338,214) | (4,983,282) | ||
| Cash flows from investing activities: | ||||
| Purchases of property and equipment | - | - | ||
| Net cash used in investing activities | - | - | ||
| Cash flows from financing activities: | ||||
| Proceeds from issuance of common stock and warrants, net of issuance costs | 5,674,651 | 7,293,651 | ||
| Proceeds from warrant exercises | 105,816 | 1,494,658 | ||
| Proceeds from notes payable | - | 100,000 | ||
| Payments on notes payable | - | (319,950) | ||
| Proceeds from short term insurance financing | 561,885 | 697,534 | ||
| Payments on short term insurance financing | (389,880) | (484,244) | ||
| Net cash provided by financing activities | 5,952,472 | 8,781,649 | ||
| Net increase in cash and cash equivalents | 1,614,258 | 3,798,367 | ||
| Cash and cash equivalents, beginning of period | 2,624,730 | 57,670 | ||
| Cash and cash equivalents, end of period | $4,238,988 | $3,856,037 | ||
| Supplemental cash flow information: | ||||
| Cash paid for interest | $16,150 | $93,916 | ||
| Cash paid for taxes | $ | - | $ | - |
| Supplemental non-cash activity | ||||
| Issuance of common stock upon conversion of notes payable | $ | - | $1,535,615 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.