Company: NCL
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001575872-25-000540
Chunk: 6

Company: Northann Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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			71,715

			Prepayments

			94,929

			(221,259

			)

			Accounts payable

			(177,435

			)

			(149,066

			)

			Accruals and other payables

			1,241,030

			257,378

			Unearned revenue

			886,337

			468,550

			Payroll payable

			11,996

			24,813

			Accrued interest

			(4,510

			)

			4,066

			Operating lease payment

			(173,672

			)

			(15,510

			)

			Tax payable

			(75,084

			)

			(94,521

			)

			Due to related party

			(273,608

			)

			-

			Net Cash Provided by (Used in) Operating Activities

			(3,829,935

			)

			175,674

			CASH FLOWS FROM INVESTING ACTIVITIES

			Purchase of equipment

			(17,515

			)

			-

			(Payments for ) or transfer from construction

			(767,725

			)

			(326,829

			)

			Net Cash Provided by (Used in) Investing Activities

			(785,240

			)

			(326,829

			)

			CASH FLOWS FROM FINANCING ACTIVITIES

			Issuance of common shares

			8,133,000

			-

			Stock Subscription  Receivable

			(3,592,850

			)

			-

			Amounts received from related parties

			-

			1,428,400

			Repayments of bank loan

			(89,212

			)

			(1,218,294

			)

			Repayment of secured borrowing arrangement

			(599,664

			)

			Settlement of convertible notes

			-

			(500,000

			)

			Net Cash Provided by Financing Activities

			4,450,938

			(889,558

			)