Company: AEMD
Filing Date: 2025-06-26
Form Type: 10-K
Source: 0001683168-25-004780
Chunk: 1664

Company: AETHLON MEDICAL INC
Filing Date: 2025-06-26
Form: 10-K
Item: Item 10
Chunk 1664
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2024.

WARRANTS:

During the
twelve-months ended March 31, 2025, we issued 2,065,500 warrants in connection with the May, 2024 public offering and 1,550,000 in connection
with a March 2025 warrant inducement. We did not issue any warrants during the fiscal year ended March 31, 2024.

A summary of the aggregate warrant activity for the years ended March
31, 2025 and 2024 is presented below:

    Schedule of warrant activity 

    Fiscal Year Ended March 31, 

    2025  
    2024 

    Warrants  
    Weighted  Average Exercise Price  
    Warrants  
    Weighted  Average Exercise Price 
  
    Outstanding, beginning of year 
     4,090  
    $20.09  
     4,090  
    $20.09 
  
    Granted 
     3,615,500  
    $3.58  
     –  
    $N/A 
  
    Exercised 
     (1,231,305) 
    $3.92  
     –  
    $N/A 
  
    Cancelled/Forfeited 
     (31,161) 
    $25.13  
     –  
    $N/A 
  
    Outstanding, end of year 
     2,357,124  
    $3.55  
     4,090  
    $20.09 
  
    Exercisable, end of year 
     2,357,124  
    $3.55  
     4,090  
    $20.09 
  
    Weighted average estimated fair value of warrants granted 
        
    $N/A  
        
    $N/A 

The detail of the warrants outstanding and exercisable as of March
31, 2025 is as follows:

    Schedule of warrant activity exercisable and outstanding 

     Warrants Outstanding  
     Warrants Exercisable 
  
    Range of  Exercise Prices 
     Number  Outstanding  
     Weighted Average  Remaining  Life (Years)  
     Weighted  Average  Exercise Price  
     Number  Outstanding  
     Weighted  Average  Exercise Price 
  
    $4