BullFrog AI Holdings annual operating expenses
2021
2022
2023
2024
2025
BullFrog AI Holdings Operating Expenses Growth & History (BFRG)
BullFrog AI Holdings's operating expenses was $6.6M for fiscal 2025.
View full BullFrog AI Holdings company overviewBullFrog AI Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.6M | −$619,855 | −8.57% |
| 2024 | 2024-12-31 | $7.2M | $1.8M | +33.33% |
| 2023 | 2023-12-31 | $5.4M | $3.0M | +120.18% |
| 2022 | 2022-12-31 | $2.5M | $1.9M | +343.85% |
| 2021 | 2021-12-31 | $555,362 | — | — |
BullFrog AI Holdings quarterly operating expenses
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.5M | $49,765 | +3.37% |
| Q1 2026 | 2026-03-31 | $1.6M | −$441,993 | −21.49% |
| Q4 2025 | 2025-12-31 | $1.5M | −$270,101 | −15.27% |
| Q3 2025 | 2025-09-30 | $1.6M | −$234,888 | −12.91% |
| Q2 2025 | 2025-06-30 | $1.5M | −$205,768 | −12.23% |
| Q1 2025 | 2025-03-31 | $2.1M | $90,902 | +4.62% |
| Q4 2024 | 2024-12-31 | $1.8M | $432,996 | +32.42% |
| Q3 2024 | 2024-09-30 | $1.8M | $455,997 | +33.43% |
| Q2 2024 | 2024-06-30 | $1.7M | $144,993 | +9.43% |
| Q1 2024 | 2024-03-31 | $2.0M | $775,073 | +65.10% |
| Q4 2023 | 2023-12-31 | $1.3M | $743,522 | +125.54% |
| Q3 2023 | 2023-09-30 | $1.4M | $723,392 | +112.93% |
| Q2 2023 | 2023-06-30 | $1.5M | $855,015 | +125.38% |
| Q1 2023 | 2023-03-31 | $1.2M | $640,394 | +116.38% |
| Q4 2022 | 2022-12-31 | $592,243 | — | — |
| Q3 2022 | 2022-09-30 | $640,552 | — | — |
| Q2 2022 | 2022-06-30 | $681,955 | — | — |
| Q1 2022 | 2022-03-31 | $550,251 | — | — |
BullFrog AI Holdings operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, BullFrog AI Holdings's operating expenses increased from $555,362 to $6.6M, a change of $6.1M. The latest reported quarter, Q2 2026, shows $1.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review BullFrog AI Holdings source filings ↗