Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 179

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 179
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 893,437 |
| Rent and rates                                |     |   |       97,253 |     |   |      213,701 |
| Travelling expenses                           |     |   |          205 |     |   |       59,874 |
| Amortization and depreciation                 |     |   |        3,480 |     |   |       53,799 |
| Insurance                                     |     |   |      335,616 |     |   |      474,746 |
| Advertising and marketing expenses            |     |   |            - |     |   |       48,982 |
| Write-off of prepayment and other receivables |     |   |        9,782 |     |   |            - |
| Other expenses                                |     |   |       14,802 |     |   |      186,098 |
| Total General and Administrative Fees         |     | $ |      669,486 |     | $ |    1,930,637 |

Legal and professional fees

For the years ended December
31, 2024, and 2023, the legal and professional fees were $803,285 and $2,538,161, respectively. The decrease in legal and professional
fees was primarily attributed to the lack of non-routine activities that were present in the same period last year, such as the implementation
of reverse stock split, and amendments to the memorandum and articles of association. The absence of such non-routine exercises in the
current period has resulted in a decrease in legal and professional fees.

Other operating expenses

For the years ended December
31, 2024, and 2023, the other operating expenses was $272,609 and $1,067,690, respectively. The decrease in other operating expenses was
primarily due to the decrease in impairment loss of long-lived assets since the majority of long-lived assets were impaired in prior year
and no such large impairment in current year.

Other (expense) income, net

For the years ended December
31, 2024, and 2023, the other expense, net, was $217,196 and other income, net, was $6,383,276, respectively. The changes from other income
in 2023 to other expense in 2024 was mainly due to there was a one-off unrealized gain from fair value change of the long-term investments,
amounted to $6.4