Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 79

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 79
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| Net (loss) income                                 |     | $                               | (2,987 | ) |     | $    |  16 |   |     | $          | (3,003 | ) |     |            | NM   |    |
| Other comprehensive (loss) income                 |     |                                 |        |   |     |      |     |   |     |            |        |   |     |            |      |    |
| Change in foreign currency translation adjustment |     |                                 |    (49 | ) |     |      |  27 |   |     |            |    (76 | ) |     |            | NM   |    |
| Total comprehensive (loss) income                 |     | $                               | (3,036 | ) |     | $    |  43 |   |     | $          | (3,079 | ) |     |            | NM   |    |

Operating Expenses General and administrative General and administrative increased by $2,133 for the three months ended September 30, 2025 compared to the same period in 2024 primarily due to increases of $913 for fees for management consultancy services, $743 due to legal services, $181 due to audit and accounting services, $147 due to other professional fees, $95 due to board of directors compensation, $59 due to fees for public relations consultancy services, $56 due to compliance and regulatory fees, $18 due to food and lodging expenses, $11 due to advisory fees in connection with the SPAC transaction discussed in the “Business Combination and Public Listing”section above, offset by a net decrease of $90 of miscellaneous expenses. 41 We expect to continue to incur additional general and administrative expenses as a result of operating as a public company, including expenses related to compliance with the rules and regulations of the SEC and Nasdaq Stock Market, additional insurance costs, investor relations activities and other administrative and professional services. As a result, we expect general and administrative expenses to increase in absolute dollars in future periods. Development costs Development costs increased by $139 for the three months ended September 30, 2025 compared to the same period in 2024 primarily due to increases in travel and entertainment expenses of $67 and $72 due to technical and engineering studies. Other income (expenses) Other income — related party Other income — related party decreased by $34 for the three months ended September 30, 2025 compared to the same period in 2024. We provided