Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 477

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 477
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 |     |              |         — |   |
| Right-of-use assets obtained in exchange for new operating lease liabilities |     |              |         — |   |     |              |   338,525 |   |
| Weighted-average remaining lease term – finance leases                       |     |              |         — |   |     |              |         — |   |
| Weighted-average remaining lease term – operating leases                     |     |              | 1.2 years |   |     |              | 1.9 years |   |
| Weighted-average discount rate – finance leases                              |     |              |         — | % |     |              |         — | % |
| Weighted-average discount rate – operating leases                            |     |              |       8.0 | % |     |              |       8.0 | % |

F-27

APTORUM GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Stated in U.S. Dollars) 14. LEASE (cont.)

For the year ended December 31, 2024, an impairment loss of $ on right-of-use assets was recognized in other operating expenses as the Group considered that the carrying amount of a right-of-use asset related to a lease of laboratory may not be recoverable.

For the year ended December 31, 2023, an impairment loss of $ on right-of-use assets was recognized in other operating expenses as the Group considered that the carrying amount of a right-of-use asset related to a lease of clinic may not be recoverable. Additionally, the Group early terminated a lease agreement for a right-of-use asset relating to an office, which resulted in a recognized loss on early termination of the right-of-use asset totaling $ in other operating expenses.

For the years ended December 31, 2022, the Group did not recognize any impairment losses and loss on disposal of right-of-use assets.

The maturity analysis of operating leases liabilities as of December 31, 2024 is as follows:

|                                                      |     | December 31, 
 2024         |          |   |
|:-----------------------------------------------------|:----|:-------------|---------:|:--|
| Remaining periods ending December 31,                |     |              |          |   |
| 2025                                                 |     | $            |   97,541 |   |
| 2026                                                 |     |              |   24,573 |   |
| Total future undiscounted cash