Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 306

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 306
---
 ​ | ​      |   — | ​ | ​          | -1,885,650 | ​ | ​         |      — | ​ | ​           |          — | ​ | ​             |        — | ​ | ​             | -1,885,650 | ​ | ​              |       — | ​ | ​      | -1,885,650 |
| Non-controlling interest from acquisition             |   |               — | ​ |        |     — |   |         — | ​ |        |   — | ​ |            |          — | ​ |           |      — | ​ |             |          — | ​ |               |        — | ​ |               |          — | ​ |                | 206,970 | ​ |        |    206,970 |
| Net loss                                              |   |               — | ​ |        |     — |   |         — | ​ |        |   — | ​ |            |          — | ​ |           |      — | ​ |             | -4,824,831 | ​ |               |        — | ​ |               | -4,824,831 | ​ |                | -73,134 | ​ |        | -4,897,965 |
| Foreign currency translation adjustment               |   |               — | ​ |        |     — |   |         — | ​ |        |   — | ​ |            |          — | ​ |           |      — | ​ |             |          — | ​ |               |  -15,354 | ​ |               |    -15,354 | ​ |                |      -1 | ​ |        |    -15,355 |
| Balance at March 31, 2025 (Unaudited)                 |   |      15,830,000 | ​ | $      | 3,958 |   | 2,000,000 | ​ | $      | 500 | ​ | $          | 13,285,824 | ​ | $         | 35,448 | ​ | $           | -6,528,896 | ​ | $             | -201,488 | ​ | $             |  6,595,346 | ​ | $              | 224,909 | ​ | $      |  6,820,255 |

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

F-36

NETCLASS TECHNOLOGY INC UNAUDITED CONDENSED