Company: AEMD
Filing Date: 2025-06-26
Form Type: 10-K
Source: 0001683168-25-004780
Chunk: 240

Company: AETHLON MEDICAL INC
Filing Date: 2025-06-26
Form: 10-K
Item: Item 1A
Chunk 240
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 Valley Road, San Diego, California 92121. The term is for 55 months
and we took possession of the manufacturing space in August 2022. The current monthly base rent under the office and laboratory component
of the lease is $14,590. The current monthly base rent under the manufacturing component of the lease is $12,824.

The office, lab and manufacturing
leases are coterminous with a remaining term of 24 months. The weighted average discount rate is 4.25%.

As of March 31, 2025, we have
a right-of-use lease asset of $601,846.

The following table presents
a maturity analysis of expected undiscounted cash flows for operating leases on an annual basis for the next two fiscal years. All of
our leases conterminously expire during the fiscal year ending March 31, 2027.

    Fiscal Year Ended March 31,

    2026
    $333,462 
  
    2027
     343,353 
  
    Total minimum lease payments
     676,817 
  
    Less amount representing imputed interest
     (27,064)
  
    Present value of minimum lease payments
    $649,751 

ITEM 3. LEGAL PROCEEDINGS

We may be involved from time
to time in various claims, lawsuits, and/or disputes with third parties or breach of contract actions incidental to the normal course
of our business operations. We are currently not involved in any litigation or any pending legal proceedings.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

 49 

PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information

Our common stock is traded
on the Nasdaq Capital Market under the trading symbol “AEMD.” On July 7, 2015, The Nasdaq Stock Market LLC approved our application
for listing our common stock on the Nasdaq Capital Market under the symbol “AEMD,” and we commenced trading on the Nasdaq
Capital Market on July 13, 2015. Previously, our common stock was quoted on the OTCQB Marketplace under the trading symbol “AEMD.”

Holders of Record

There were approximately
49 record holders of our common stock at June 24, 2025. The number of registered stock