Company: MDCXW
Filing Date: 2025-05-27
Form Type: S-1
Source: 0001062993-25-010333
Chunk: 235

Company: Medicus Pharma Ltd.
Filing Date: 2025-05-27
Form: S-1
Chunk 235
---
 23,866 |   |   |          - |   |
| Total other income                                                         |   |                       23,866 |   |   |          - |   |
| Net loss and comprehensive loss for the year                               | $ |                   (5,102,408 | ) | $ | (1,707,358 | ) |
| Net loss per share attributable to common shareholders - basic and diluted | $ |                        (0.42 | ) | $ |      (0.21 | ) |
| Weighted average number of common shares outstanding - basic and diluted   |   |                   12,240,437 |   |   |  8,076,673 |   |

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

<div align='center'>F-26

MEDICUS PHARMA LTD.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
(UNAUDITED)</div>

|                                                                                                           |     |     Shares |     |   | Common shares 
        Amount |     |   |      Additional 
 paid-in capital |     |   | Accumulated 
 deficit     |   |   |      Total |   |
|:----------------------------------------------------------------------------------------------------------|:----|-----------:|:----|:--|--------------:|:----|:--|----------------:|:----|:--|:------------|:--|:--|-----------:|:--|
| Balance as of December 31, 2024                                                                           |     | 11,816,721 |     | $ |    30,518,195 |     | $ |       1,520,412 |     | $ | (28,903,903 | ) | $ |  3,134,704 |   |
| Issuance of common shares and warrants in connection with Regulation A, net of issuance costs of $483,020 |     |  1,490,000 |     |   |     2,076,507 |     |   |       1,612,474 |     |   | -           |   |   |  3,688,981 |   |
| Issuance of common shares in connection with SEPA offering costs                                          |     |    105,840 |     |   |       300,000 |     |   |               - |     |   | -           |   |   |    300,