Company: NCL
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001575872-25-000691
Chunk: 48

Company: Northann Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1F
Chunk 48
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AND COMPREHENSIVE INCOME (LOSS)

(Unaudited)

(In U.S. dollars)

  Three Months Ended  Nine Months Ended   September 30,  September 30,   2025  2024  2025   2024               Revenue $3,545,412  $2,557,585  $8,689,360  $11,042,009 Cost of revenue  4,986,401   929,002   10,653,499   6,968,809 Gross Profit  (1,440,989)  1,628,583   (1,964,139)  4,073,200                  Operating Expenses                Selling  6,362,313   159,368   7,901,900   564,805 General and administrative  662,331   575,678   2,649,905   2,521,940 Research and development  289,545   340,072   1,007,783   1,272,257 Total Operating Expenses  7,314,189   1,075,118   11,559,588   4,359,002                  INCOME (LOSS) FROM OPERATIONS   (8,755,178)  553,465   (13,523,727)  (285,802)                 Other Income (Expense)                Interest income  4   -   15   - Interest expense  (45,988)  (53,476)  (169,722)  (399,120)Other income  1,849   -   1,849   250,248 Other expense  -   (3,426)  (15)  (3,426)Total other income (expense)  (44,135)  (56,902)  (167,873)  (152,298)                 INCOME (LOSS) BEFORE TAXES   (8,799,313)  496,563   (13,691,600)  (438,100)                 Income tax expense  -