Company: MDCXW
Filing Date: 2025-05-01
Form Type: DRS
Source: 0001062993-25-008292
Chunk: 227

Company: Medicus Pharma Ltd.
Filing Date: 2025-05-01
Form: DRS
Chunk 227
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 and comprehensive loss for the year ended December 31, 2023.

4. Balance sheet components Prepaid expenses include the following:

|                                 |   | Year ended December 31, 
                    2024 |     |   |    2023 |
|:--------------------------------|:--|------------------------:|:----|:--|--------:|
| Insurance                       | $ |                 583,561 |     | $ | 163,500 |
| Contract research organizations |   |                 455,810 |     |   |       - |
| Professional services           |   |                 144,643 |     |   |       - |
| Prepaid services                |   |                  29,970 |     |   |  10,219 |
|                                 | $ |               1,213,984 |     | $ | 173,719 |

F-14 Medicus Pharma Ltd.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2024 and 2023
[expressed in United States dollars, except share amounts] Accrued expenses and other current liabilities include the following:

|                                   |   | Year ended December 31, 
                    2024 |     |   |    2023 |
|:----------------------------------|:--|------------------------:|:----|:--|--------:|
| Accrued legal fees                | $ |                 495,016 |     | $ | 359,011 |
| Accrued compensation and benefits |   |                 140,989 |     |   |  27,766 |
| Accrued other                     |   |                 126,830 |     |   |  18,040 |
|                                   | $ |                 762,835 |     | $ | 404,817 |

5. Leases As of December 31, 2024, the Company had one operating lease for its corporate office that commenced in 2024, for which the Company recorded a right-of-use asset and lease liability as of the commencement date. The Company's lease does not contain a purchase option. Where the Company's lease contains an option to extend the lease term, the extended lease term is only included in the measurement of the lease when it is reasonably certain to remain in the lease beyond the non-cancellable term. The Company's lease also contains variable lease costs, which pertain to common area maintenance and other operating charges, that are expensed as