Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 416

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 416
---
 not
anticipate any such change over the next 12 months.

The Company’s policy is to recognize interest
expense and penalties related to income tax matters in income tax expense. As of May 31, 2024 and 2023, accrued interest related to uncertain
tax positions amounted to $4,000 and $0, respectively.

The Company and its subsidiary are subject to
U.S. federal and state income tax, and in the normal course of business, its income tax returns are subject to examination by the relevant
taxing authorities. As of May 31, 2024, the 2017 to 2023 tax years remained subject to examination.

NOTE 13 – LOSS PER SHARE

The following common stock equivalents have been
excluded from the calculation of loss per share because their effects would be antidilutive:

|                  |     | 2024 |         |     | 2023 |         |
| Stock options    |     |      | 511,950 |     |      | 557,450 |
| Restricted stock |     |      |  88,000 |     |      | 132,000 |
| Warrants         |     |      |  29,336 |     |      |  29,336 |

Additional shares are issuable under the Company’s
convertible notes, the amount of which is dependent on future events.

NOTE 14 – DEFINED CONTRIBUTION PLAN

The Company maintains a 401K plan for the benefit
of its employees. Company contributions amounted to $12,711 and $16,118 in the years ended May 31, 2024 and 2023, respectively.

NOTE 15 – SUBSEQUENT EVENTS

The Company has evaluated subsequent events through
August 1, 2024, the date these financial statements were available to be issued. No subsequent events occurred that required disclosure.

<div align='center'>F-18

DIAMIR BIOSCIENCES CORP.

CONDENSED CONSOLIDATED BALANCE SHEETS</div>

| ASSETS                                                                                                                                   
 Current assets                                                                                                                           |     | February 28 
 2025        
 (Unaudited) |            |   |     | May 31    
 2024      
 (Audited) |            |   |
|:-----------------------------------------------------------------------------------------------------------------------------------------|:----|:------------|-----------:|:--|:----|:----------|-----------:|:--|
| Cash and cash equivalents                                                                                                                |     | $           |