Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 56

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 56
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 differences may be adverse and material. Our financial results may vary significantly from quarter to quarter. We expect our revenue and operating results to vary from quarter to quarter. We may incur significant operating expenses during the start-up and early stages of contracts and may not be able to recognize corresponding revenue in that same quarter. We may also incur additional expenses when contracts are terminated or expire and are not renewed. We may also incur additional expenses when companies are newly acquired. Additional factors that may cause our financial results to fluctuate from quarter to quarter include those addressed elsewhere in this “ Risk Factors” section and the following factors, among others:

| ● | the terms of customer contracts that affect the timing of 
 revenue recognition;                                      |

| ● | variability in demand for our services and solutions; |

| ● | commencement, completion or termination of contracts during 
 any particular quarter;                                     |

| ● | timing of award or performance incentive fee notices; |

| ● | timing of significant bid and proposal costs; |

| ● | the costs of remediating unknown defects, errors or performance 
 problems of our product offerings;                              |

| ● | restrictions on and delays related to the export of nuclear 
 articles and services;                                      |

| ● | costs related to government inquiries; |

| ● | strategic decisions by us or our competitors, such as acquisitions, 
 divestitures, spin-offs and joint ventures;                         |

| ● | strategic investments or changes in business strategy; |

| ● | changes in the extent to which we use subcontractors; |

| ● | fluctuations in our staff utilization rates; |

| ● | changes in our effective tax rate, including changes in our                                           
 judgment as to the necessity of the valuation allowance recorded against our deferred tax assets; and |

| ● | the length of sales cycles. |

Significant fluctuations in our operating results for a particular quarter could cause us to fall out of compliance with the financial covenants related to our debt, which if not waived, could restrict our access to capital and cause us to take extreme measures to pay down the debt, if any. 26 If we experience significant fluctuations in our operating results and rate of growth and fail to meet revenue and earnings expectations, our stock price may fall rapidly and without advance notice. Due to our limited operating history, our unproven and evolving business model and the unpredictability of our emerging industry, we may not be able to accurately forecast our rate of growth. We base our current and future expense levels and our investment plans on estimates of future revenue and future rate