Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 498

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 498
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 operating expenses, respectively, as the Group considered that the carrying amount of these property and equipment may not be recoverable.

During the six months ended June 30, 2025 and 2024, gain on disposal of fixed assets of $nil and $, respectively, were recorded in other operating expenses.

7. INTANGIBLE ASSETS, NET Amortization expenses for intangible assets amounted to niland $ 19,219for the six months ended June 30, 2025 and 2024, respectively. During the six months ended June 30, 2024, an impairment loss amounted to $ 128,128was recognized in research and development expenses as the Group considered that the carrying amount of an intangible asset related to a patented license for a lead project may not be recoverable.

8. LONG-TERM DEPOSITS

Long-term deposits as of June 30, 2025 and December 31, 2024 consisted of:

|                 |     | June 30,   
 2025       |   |     | December 31, 
 2024         |        |
|:----------------|:----|:-----------|:--|:----|:-------------|-------:|
|                 |     | -Unaudited |   |     |              |        |
| Rental deposits |     | $          | — |     | $            | 71,823 |

9. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses as of June 30, 2025 and December 31, 2024 consisted of:

|                                           |     |            | June 30, 
     2025 |     |   | December 31, 
         2024 |
|:------------------------------------------|:----|:-----------|---------:|:----|:--|-------------:|
|                                           |     | -Unaudited |          |     |   |              |
| Research and development expenses payable |     | $          |  728,793 |     | $ |      778,205 |
| Professional fees payable                 |     |            |  109,300 |     |   |      127,031 |
| Others                                    |     |            |   12,657 |     |   |       13,375 |
|                                           |     | $          |  850,750 |     | $ |      918,611 |

F-43 APTORUM GROUP LIMITED NOTES