BullFrog AI Holdings, Inc. (BFRG) Financial Statements
Industry: Pharmaceutical Preparations
In fiscal 2025, BullFrog AI reported revenue of $116,670. Net income was -$6.5M (a -5569.6% net margin), or -$0.63 per diluted share. Gross margin was 18.8% and operating margin was -5652.4%. Operating activities generated -$5.5M of cash. At fiscal year end, BullFrog AI held $2.8M in total assets against $672,022 in total liabilities, including $2.2M of cash and equivalents.
Open the full interactive BullFrog AI financials → Quarterly statements, key ratios, valuation history and price charts.
BullFrog AI Key Stats
| Share Price | $0.57 |
|---|---|
| Market Cap | $10.7M |
| 52-Week Range | $0.43 – $1.68 |
| Shares Outstanding | 18.8 million (basic, 2026 Q2) |
BullFrog AI Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $10,000 | $65,000 | — | $116,670 |
| Cost of Goods Sold | $800 | $5,200 | — | — |
| Gross Profit | $9,200 | $59,800 | — | $21,892 |
| Operating Income | -$2.5M | -$5.4M | -$7.2M | -$6.6M |
| Pre-Tax Income | -$2.8M | -$5.4M | -$7.0M | -$6.5M |
| Net Income | -$2.8M | -$5.4M | -$7.0M | -$6.5M |
| Diluted EPS | — | -$0.89 | -$0.85 | -$0.63 |
BullFrog AI Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $83,413 | — | — | $215,385 |
| Net Income | -$1.6M | -$1.5M | -$1.6M | -$1.4M |
| Diluted EPS | -$0.15 | -$0.14 | -$0.12 | -$0.07 |
BullFrog AI Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | — | $2.6M | $5.4M | $2.2M |
| Current Assets | $72,670 | $2.8M | $5.5M | $2.6M |
| Total Assets | $80,369 | $2.8M | $5.6M | $2.8M |
| Current Liabilities | $3.1M | $184,350 | $588,090 | $672,022 |
| Total Liabilities | $3.1M | $184,350 | $588,090 | $672,022 |
| Shareholders' Equity | -$3.1M | $2.6M | $5.0M | $2.1M |
BullFrog AI Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$910,890 | -$6.0M | -$5.6M | -$5.5M |
| Cash From Investing | -$8,744 | — | — | — |
| Cash From Financing | $967,290 | $8.6M | $8.4M | $2.4M |
| Free Cash Flow | -$919,634 | -$6.0M | — | — |
Figures from BullFrog AI's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full BullFrog AI financials page for every line item.
BullFrog AI Company Profile
| Ticker | BFRG |
|---|---|
| Exchange | Nasdaq |
| Industry | Pharmaceutical Preparations |
| Headquarters | Gaithersburg, Maryland |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001829247 |
Frequently Asked Questions
What was BullFrog AI's revenue in fiscal 2025?
BullFrog AI (BFRG) reported revenue of $116,670 for fiscal 2025.
What is BullFrog AI's annual revenue history?
BullFrog AI's annual revenue by fiscal year: 2022: $10,000; 2023: $65,000; 2025: $116,670.
What was BullFrog AI's net income in fiscal 2025?
BullFrog AI reported net income of -$6.5M for fiscal 2025.
What was BullFrog AI's earnings per share (EPS) in fiscal 2025?
BullFrog AI's diluted EPS was -$0.63 for fiscal 2025 (adjusted for any later stock splits).
What was BullFrog AI's revenue last quarter?
In its most recent reported quarter (2026 Q2), BullFrog AI reported revenue of $215,385.
How many shares of BullFrog AI are outstanding?
BullFrog AI reported a weighted average of 18.8 million basic shares outstanding in 2026 Q2.
What is BullFrog AI's market cap?
Based on its latest closing price, BullFrog AI (BFRG) has a market capitalization of about $10.7M.
When does BullFrog AI's fiscal year end?
BullFrog AI's fiscal year end, as registered with the SEC, is December 31.
Where is BullFrog AI headquartered?
BullFrog AI lists its business address in Gaithersburg, Maryland in its SEC filings.