Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 464

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 464
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253 |
|                                           |     | $ |       85,316 |     | $ |      422,071 |

For the year ended December 31, 2024 and 2023, the Group considered certain other receivables and prepayments were not recoverable and recorded write-off of other receivables and prepayments of $ and $, respectively.

F-18

APTORUM GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Stated in U.S. Dollars)

7. PROPERTY AND EQUIPMENT, NET

Property and equipment as of December 31, 2024 and 2023 consisted of:

|                                                      |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:-----------------------------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Computer equipment                                   |     | $ |       69,291 |     | $ |       81,138 |
| Furniture, fixture, and office and medical equipment |     |   |       32,435 |     |   |      150,292 |
| Leasehold improvements                               |     |   |      108,187 |     |   |      543,975 |
| Laboratory equipment                                 |     |   |    4,335,722 |     |   |    4,336,764 |
| Motor vehicle                                        |     |   |      239,093 |     |   |      239,093 |
|                                                      |     |   |    4,784,728 |     |   |    5,351,262 |
| Less: accumulated depreciation and impairment        |     |   |    4,784,728 |     |   |    3,687,336 |
| Property and equipment, net                          |     | $ |            — |     | $ |    1,663,926 |

Depreciation expenses for property, plant and equipment amounted to $, $ and $ for the years ended December 31, 2024, 2023 and 2022, respectively.

For the year ended December 31, 2024, an impairment loss relating to laboratory equipment, computer equipment, and furniture, fixture, and office equipment amounted to $ and $ were recorded in research and development expenses and other operating expenses, respectively, as the Group considered that the carrying amount of these property and