Company: NCL
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001575872-25-000540
Chunk: 3

Company: Northann Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
 95,464,000   22,142,099 Weighted average number of common shares outstanding - diluted*  95,464,000   22,912,667   95,464,000   22,142,099 

The accompanying notes are an integral part of these consolidated financial statements.

F-2

NORTHANN CORP.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(Unaudited) 

(In U.S. dollars)

                    Accumulated     Preferred Stock  Common Stock    Additional     Other  Total   Number of     Number of     Subscription  Paid-in   Accumulated  Comprehensive  Stockholders'   Shares   Par Value   Shares   Par Value   Receivable   Capital   Deficit   Income (Loss)   Deficit                     Balance - December 31, 2023   5,000,000  $5,000   21,380,000  $21,380  $(25,000)  6,671,016  $(5,313,943) $(775,841) $582,612 Net income   -   -   -   -   -   -   60,035   -   60,035 Foreign currency translation adjustment   -   -   -   -   -   -   -   69,702   69,702 Balance - March 31, 2024   5,000,000  $5,000   21,380,000  $21,380  $(25,000)  6,671,016  $(5,253,908)  (706,139)  712,349 Issuance of common stock   5,000,000   5,000   2,860,000   2,860   (5,000)  1,158,736   -   -   1,161,596 Net loss   -   -   -   -   -   -   (997,495)  -   (997,495)Accumulated other