Company: APM
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001213900-25-118752
Chunk: 199

Company: Aptorum Group Ltd
Filing Date: 2025-12-05
Form: 424B5
Chunk 199
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Net loss attributable to the Company

For the years ended December 31, 2024, and 2023, net loss attributable
to the Company (excluding net loss attributable to non-controlling interests) was $4,267,806 and $2,824,647, respectively.

For the Years ended December 31, 2023, and 2022

During the second quarter of 2023, the Company made a decision to streamline
its operations by terminating clinic services and suspending non-lead R&D projects. This measure is aimed at optimizing the allocation
of our resources and focusing our efforts on advancing our lead projects, which hold the most promise for commercial success and beneficial
impact. This decision aligns with our commitment to enhance shareholder value and effectively drive our core objectives forward in the
competitive landscape.

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The following table summarizes our results of operations for the years
ended December 31, 2023, and 2022.

|                                                                          |     |   |   Year Ended 
 December 31, 
         2023 |   |     |   |   Year Ended 
 December 31, 
         2022 |   |
|:-------------------------------------------------------------------------|:----|:--|-------------:|:--|:----|:--|-------------:|:--|
| Revenue                                                                  |     |   |              |   |     |   |              |   |
| Healthcare services income                                               |     | $ |      431,378 |   |     | $ |    1,295,889 |   |
| Operating expenses                                                       |     |   |              |   |     |   |              |   |
| Cost of healthcare services                                              |     |   |     (420,812 | ) |     |   |   (1,215,824 | ) |
| Research and development expenses                                        |     |   |   (5,198,329 | ) |     |   |   (9,219,595 | ) |
| General and administrative fees                                          |     |   |   (1,930,637 | ) |     |   |   (5,220,405 | ) |
| Legal and professional fees                                              |     |   |   (2,538,161 | ) |     |   |   (2,888,140 | ) |
| Other operating expenses                                                 |     |   |   (1,067,690 | ) |     |   |