Company: MDCXW
Filing Date: 2025-11-19
Form Type: S-1
Source: 0001062993-25-016962
Chunk: 249

Company: Medicus Pharma Ltd.
Filing Date: 2025-11-19
Form: S-1
Chunk 249
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 79,852 |     | $ |           583,561 |
| Contract research organizations |   |            390,942 |     |   |           455,810 |
| Professional services           |   |            556,650 |     |   |           144,643 |
| Prepaid services                |   |             91,877 |     |   |            29,970 |
|                                 | $ |          1,119,321 |     | $ |         1,213,984 |

Accrued expenses and other current liabilities include the following:

|                                   |   | September 30, 2025 |     |   | December 31, 2024 |
|:----------------------------------|:--|-------------------:|:----|:--|------------------:|
|                                   |   |         -Unaudited |     |   |                   |
| Accrued legal fees                | $ |            645,326 |     | $ |           495,016 |
| Accrued compensation and benefits |   |            297,303 |     |   |           140,989 |
| Accrued other                     |   |            617,801 |     |   |           126,830 |
|                                   | $ |          1,560,430 |     | $ |           762,835 |

4. Leases

As of September 30, 2025, the Company had one operating lease for its corporate office that commenced in 2024, for which the Company recorded a right-of-use asset and lease liability as of the commencement date. The Company's lease does not contain a purchase option. Where the Company's lease contains an option to extend the lease term, the extended lease term is only included in the measurement of the lease when it is reasonably certain to remain in the lease beyond the non-cancellable term. The Company's lease also contains variable lease costs, which pertain to common area maintenance and other operating charges, that are expensed as incurred.

Balance sheet information related to the Company's lease is presented below:

|                                           |   | Nine Months Ended 
     September 30, 
              2025 |     |   |   Year Ended 
 December 31, 
         2024 |
|:------------------------------------------|:--|------------------:|:----|:--|-------------:|
| Operating lease                           |   |                   |     |   |              |
| Operating lease right