Aethlon Medical Inc 2024年度报告

FORM10-K (MARK ONE) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to __________ COMMISSION FILE NUMBER001-37487 Aethlon Medical, Inc.(Exact name of registrant as specified in its charter) NEVADA13-3632859(State or other jurisdiction of(I.R.S. Employerincorporation or organization)Identification No.) REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE: (619)941-0360 SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE EXCHANGE ACT: TITLE OF EACH CLASSCOMMON STOCK, $0.001 PAR VALUETRADING SYMBOLAEMDNAME OF EACH EXCHANGE ON WHICHREGISTEREDNASDAQCAPITAL MARKET SECURITIES REGISTERED UNDER SECTION 12(g) OF THE EXCHANGE ACT:NONE(TITLE OF CLASS) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act.Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smallerreporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one) Accelerated filer☐Smaller reporting company☒Emerging growth company☐ Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The aggregate market value of the common stock held by non-affiliates of the registrant as of September 30, 2024 (the last trading dayof the registrant’s most recently completed second quarter) was approximately $6.65million, computed by reference to the closingsale price of the common stock of $3.73 per share on the Nasdaq Capital Market on September 30, 2024. Shares of common stock heldby each executive officer and director and by each person who owns 10% or more of the outstanding common stock have beenexcluded in that such persons may be deemed to be affiliates. The determination of affiliate status is not necessarily a conclusivedetermination for other purposes. The number of shares of the common stock of the registrant outstanding as of June 24, 2025 was2,585,316, as adjusted for theCompany’s 1-for-8 reverse stock split, which was effective as of the close of business on June 6, 2025 with an effective trading date ofJune 9, 2025. PART I. Item 1.BusinessItem 1A.Risk FactorsItem 1B.Unresolved Staff CommentsItem 1C.CybersecurityItem 2.PropertiesItem 3.Legal ProceedingsItem 4.Mine Safety Disclosures 164747494949PART II.Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities50Item 6.[Reserved]50Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations50Item 7A.Quantitative and Qualitative Disclosures about Market Risk59Item 8.Financial Statements and Supplementary Data59Item 9.Changes in and Disagreements with Accountants on Accou