Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 331

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 331
---
 for the three months ended March31, 2025 compared to the same period in 2024 due to increases in travel and entertainment expenses, salary expense, and other personnel costs. Other income (expenses) Other income — related party Other income — related party decreased by $13,032 for the three months ended March31, 2025 compared to the same period in 2024. We provided engineering consulting services unrelated to our core business during the three months ended March31, 2024. No such services were provided during three months ended March31, 2025.

171

Other (expenses) income Other income (expense) increased by $1,080 during the three months ended March31, 2025 compared to the same period in 2024. The increase was primarily due to $1,484 of net of net foreign currency transaction gains, partially offset by $382 of foreign currency transaction losses and a decrease of interest on value added tax of $22. Net loss Net loss for the three months ended March31, 2025 was $1,447,688 as compared to net loss of $73 for the three months ended March31, 2024. The change was due to an increase of $1,435,663 in loss from operations and a decrease of $11,952 in other income, net. Year Ended December 31, 2024 Compared to Year Ended December 31, 2023 The following table sets forth our historical results for the periods indicated and the changes between periods:

|                                                   |     | Year Ended December 31, |     2024 |   |     |   |    2023 |   |     |   | $ Variance |   |     |     | % Variance |
|:--------------------------------------------------|:----|:------------------------|---------:|:--|:----|:--|--------:|:--|:----|:--|-----------:|:--|:----|----:|:-----------|
| Operating expenses:                               |     |                         |          |   |     |   |         |   |     |   |            |   |     |     |            |
| General and administrative                        |     | $                       |   77,567 |   |     | $ |   2,358 |   |     | $ |     75,209 |   |     | N/M |            |
| Development costs                                 |     |                         |   74,736 |   |