Company: CERO
Filing Date: 2025-11-20
Form Type: 424B3
Source: 0001213900-25-113117
Chunk: 93

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-11-20
Form: 424B3
Chunk 93
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 Income (Expense), Net

Other income (expense),
net consists predominantly of interest income from interest bearing bank accounts, interest expense on payables, gains recorded on settlements
reached with vendors on payables, and the gain or loss on the revaluation of earnout and derivative liabilities, which represents the
change in fair value of earnout liabilities or outstanding warrants between periods.

Results of Operations for the Three Months Ended September 30, 2025 and 2024

| Operating expenses:                                        |     | For the Three Months Ended 
 September 30,              
 2025                       
 (Successor)                |             |   |     | 2024        
 (Successor) |            |   |     | Difference |            |   |     | Percentage 
 Change     |        |    |
|:-----------------------------------------------------------|:----|:---------------------------|------------:|:--|:----|:------------|-----------:|:--|:----|:-----------|-----------:|:--|:----|:-----------|-------:|:---|
| Research and development                                   |     | $                          |   2,386,244 |   |     | $           |  1,774,210 |   |     | $          |    612,034 |   |     |            |   34.5 | %  |
| General and administrative                                 |     |                            |   1,976,335 |   |     |             |  2,628,028 |   |     |            |   (651,693 | ) |     |            |  (24.8 | )% |
| Total operating expenses                                   |     |                            |   4,362,579 |   |     |             |  4,402,238 |   |     |            |    (39,659 | ) |     |            |   (0.9 | )% |
| Loss from operations                                       |     |                            |  (4,362,579 | ) |     |             | (4,402,238 | ) |     |            |     39,659 |   |     |            |   (0.9 | )% |
| Other income (expense):                                    |     |                            |             |   |     |             |            |   |     |            |            |   |     |            |        |    |
| Other income (expenses)                                    |     |                            |         248 |