Company: APM
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001213900-25-111548
Chunk: 408

Company: Aptorum Group Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 408
---
:|:--|:----|:--|--------:|:--|
| Laboratory equipment         |     | 5 years |           | $ |  88,388 |   |     | $ |  88,388 |   |
| Furniture                    |     | 7 years |           |   |  11,780 |   |     |   |  11,780 |   |
| Computer equipment           |     | 3 years |           |   |   5,176 |   |     |   |   5,176 |   |
| Total property and equipment |     |         |           |   | 105,344 |   |     |   | 105,344 |   |
| Accumulated depreciation     |     |         |           |   | (85,315 | ) |     |   | (64,487 | ) |
| Property and equipment, net  |     |         |           | $ |  20,029 |   |     | $ |  40,857 |   |

Depreciation expense was $ 20,828and $ 20,052for the years ended May 31, 2025 and 2024, respectively.

NOTE 7 — ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consist of the following:

|                       |     |   | May 31, 
    2025 |     |   | May 31, 
    2024 |
|:----------------------|:----|:--|--------:|:----|:--|--------:|
| Outside services      |     | $ | 220,411 |     | $ | 123,065 |
| Employee compensation |     |   |   5,884 |     |   |  12,285 |
| Other                 |     |   |   5,563 |     |   |  13,298 |
| Total                 |     | $ | 231,858 |     | $ | 148,648 |

NOTE 8 — CONVERTIBLE NOTES PAYABLE

Founders

Convertible notes payable consist of the following:

|                                 |     |   | May 31, 
    2025 |     |   | May 31, 
    2024 |
|:--------------------------------|:----|:--|--------:|:----|:--|--------:|
| Executive director              |     | $ |