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Frenulum breve is the condition in which the frenulum of the penis is short and restricts the movement of the prepuce, which may or may not interfere with normal sexual activity. The condition can be treated by frenuloplasty, frenectomy, or circumcision.
The frenulum may be entirely missing in cases of first degree Hypospadias.[1]
Frenulum breve may contribute to frenular chordee, where the glans is pulled toward the vernal body of the penis.
It is possible for the frenulum of the penis to tear during sexual activity. The frenular artery may be severed, causing significant bleeding.

Additional images

Circumcision
Foreskin
Frenectomy
Frenular delta
Frenum piercing
Raphe
Masturbation