Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 82

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 82
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 interest expense consists
of interest recorded for the outstanding Bridge Loans.

Change in fair value — warrant liability

Our change in fair value — warrant
liability consists of the change in fair value of certain Bridge Loan warrants, which were initially recorded at fair value as a warrant
liability.

Results of Operations

Three Months Ended September 30, 2025 Compared to Three Months Ended September 30, 2024

The following table sets forth
our historical results for the periods indicated and the changes between periods:

| Operating expenses:                               |     | Three Months Ended September 30 
 2025                            |        |   |     | 2024 |     |   |     | $ Variance |        |   |     | % Variance |      |    |
|:--------------------------------------------------|:----|:--------------------------------|-------:|:--|:----|:-----|----:|:--|:----|:-----------|-------:|:--|:----|:-----------|:-----|:---|
| General and administrative                        |     | $                               |  2,135 |   |     | $    |   2 |   |     | $          |  2,133 |   |     |            | NM   |    |
| Development costs                                 |     |                                 |    155 |   |     |      |  16 |   |     |            |    139 |   |     |            | NM   |    |
| Total operating expenses                          |     |                                 |  2,290 |   |     |      |  18 |   |     |            |  2,272 |   |     |            | NM   |    |
| Loss from operations                              |     |                                 | (2,290 | ) |     |      | (18 | ) |     |            | (2,272 | ) |     |            | NM   |    |
| Other income (expenses):                          |     |                                 |        |   |     |      |     |   |     |            |        |   |     |            |      |    |
| Other income - related party                      |     |                                 |      - |   |     |      |  34 |   |     |            |    (34 | ) |     |            | (100 | )% |
| Other expense                                     |     |                                 |   (160 | ) |     |      |   - |