Company: PTHS
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001753926-25-000503
Chunk: 492

Company: Pelthos Therapeutics Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 492
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but not limited to, whether the transaction is on terms no less favorable than terms generally available to an unaffiliated third
party under the same or similar circumstances and the extent of the related person’s interest in the transaction.

Item
14. Principal Accountant Fees and Services.

Marcum
LLP is our independent registered public accounting firm and performed the audits of our consolidated financial statements for
the years ended December 31, 2024 and 2023. The following table sets forth all fees billed or to be billed for such periods:

    2024  
    2023 

    Audit fees (1) 
    $211,817  
    $164,229 

    Audit-related fees (2) 
     82,546  
     156,346 

    Tax fees (3) 
     —  
     — 

    All other fees (4) 
     77,092  
     43,490 

    Total 
    $371,455  
    $364,065 

(1)
“Audit fees” include fees for professional services rendered in connection with the audit of our annual consolidated
financial statements, review of our quarterly condensed consolidated financial statements and advisory services on accounting
matters that were addressed during the annual audit and quarterly review. This category also includes fees for services that were
incurred in connection with statutory and regulatory filings or engagements, such as consents and review of documents filed with
the SEC.

102 

(2)
“Audit-related fees” include fees billed for professional services rendered that are reasonably related to the performance
of the audit or review of our consolidated financial statements including subscription for the online library of accounting research
literature and are not reported under “Audit Fees”.

(3)
“Tax fees” include fees for tax compliance. Tax compliance fees encompass a variety of permissible services, including
technical tax advice related to federal and state income tax matters, and assistance with tax audits.

(4)
“All other fees” include fees for the bring down and comfort letters associated with the IPO as well as work done
in evaluating the Contribution Agreement.

Policy
on Audit Committee Pre-Approval of Audit and Permissible Non-Audit Services of Independent Auditors

Our
Audit Committee pre-approves all audit and non-audit services provided by the independent auditors prior to the engagement of
the independent auditors with respect to such services. The chairman of our Audit Committee has been delegated the authority