Home / Going-concern warnings / BullFrog AI Holdings, Inc.
Filed 2025-08-13 路 Form 10-Q 路 Accession 0001641172-25-023560 nano
Price before filing: $1.28 (2025-08-12 close, split/dividend-adjusted)
Market cap at flag: $13.8M (2025-08-13) 路 Latest: $9.6M (2026-10-16)
| Window | BFRG | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +3.9% | +2.3% | +1.6% | 2025-09-12 |
| 90 days | -14.8% | +6.6% | -21.4% | 2025-11-11 |
| 180 days | -59.5% | +8.6% | -68.1% | 2026-02-09 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $77K (4 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-07-01 | Singh Vininder Chief Executive Officer, Director, 10% owner | Sale | 7,405 | $1.53 | $11K | yes | Form 4 |
| 2025-07-02 | Singh Vininder Chief Executive Officer, Director, 10% owner | Sale | 7,554 | $1.57 | $12K | yes | Form 4 |
| 2025-07-03 | Singh Vininder Chief Executive Officer, Director, 10% owner | Sale | 6,039 | $1.61 | $10K | yes | Form 4 |
| 2025-07-07 | Singh Vininder Chief Executive Officer, Director, 10% owner | Sale | 29,002 | $1.50 | $44K | yes | Form 4 |
| 2025-08-13: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-15 to 2025-09-12. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"This factor as well as other factors raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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