Company: JUNS
Filing Date: 2025-11-26
Form Type: S-1
Source: 0001493152-25-025204
Chunk: 249

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-26
Form: S-1
Chunk 249
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and a description of the composition of other segment items, require annual disclosures under ASC 280 to be provided in interim
periods, clarify use of more than one measure of segment profit or loss by the CODM, require that the title of the CODM be disclosed with
an explanation of how the CODM uses the reported measures of segment profit or loss to make decisions, and require that entities with
a single reportable segment provide all disclosures required by this update and required under ASC 280. The Company adopted ASU 2023-07
for the annual period ending December 31, 2024.

The Company’s Chief Executive Officer serves as the CODM.

All other newly issued accounting pronouncements that are not yet effective have been deemed immaterial or nonapplicable.

Note 3 – Related Party Transactions

The Company’s Chief Executive Officer (CEO) has loaned the Company working capital since inception. The balance of the loans to the CEO as of December 31, 2024 and 2023 was $ 146,432and $ 358,479, respectively. The loan is due on demand and accrues interest at 3% per year. Accrued interest relating to the loan was $ 1,064and $ 11,308as of December 31, 2024 and 2023, respectively, and is included in accrued interest on the accompanying balance sheets. The Company repaid a total of $ 100,000during the year ended December 31, 2024, $ 83,880in principal and $ 16,120in accrued interest.

| F-11 |

JUPITER NEUROSCIENCES, INC.

NOTES TO FINANCIAL STATEMENTS

December 31, 2024 and 2023

Note 3 – Related Party Transactions, continued

During the year ended December 31, 2023, an employee loaned the Company $ 25,000. The balance of the loan as of December 31, 2024 and 2023, was $ 0and $ 25,000, respectively. The loan is due on demand and accrues interest at 3% per year. Accrued interest related to the loan was $ 0and $ 723as of December 31, 2024 and 2023, respectively, and is included in accrued interest on the accompanying balance sheet. The Company repaid a total of $ 26,422during the year ended December 31