Company: NKLR
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111171
Chunk: 3

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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    $64 

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

3

Terra Innovatum Global, N.V.
(formerly Terra Innovatum Global, Srl.)
Consolidated Statements of Cash Flows
(Unaudited) (all amounts in USD)(in thousands)

    For The Nine Months Ended September 30, 

    2025  
    2024 
  
    Cash flows from operating activities 

    Net (loss) income 
    $(5,580) 
    $36 
  
    Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities 

    Unrealized foreign exchange loss (gain) 
     15  
     (28)
  
    Change in fair value of warrants 
     (1,260) 
     - 
  
    Interest expense - non-cash 
     646  
     - 
  
    Changes in operating assets and liabilities: 

    Due from related parties 
     -  
     9 
  
    Prepaid expenses and other current assets 
     (290) 
     (7)
  
    Accounts payable 
     2,439  
     (1)
  
    Accrued expenses and other current liabilities 
     245  
     3 
  
    Other non-current liabilities 
     97  
     - 
  
    Net cash (used in) provided by operating activities 
     (3,688) 
     12 
  
    Cash flows from investing activities 

    Purchases of equipment 
     (94) 
     - 
  
    Net cash used in investing activities 
     (94) 
     - 
  
    Cash flows from financing activities 

    Proceeds from Bridge Loans 
     5,577  
     - 
  
    Payment of debt issuance costs for Bridge Loans 
     (24) 
     - 
  
    Capital contributions 
     11  
     - 
  
    Proceeds from related party loans 
     195  
     - 
  
    Net cash provided by financing activities 
     5,759  
     - 
  
    Effect of exchange rate changes on cash and cash equivalents 
     105  
     - 
  
    Net change in cash and cash equivalents 
     1,977  
     12