Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 286

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 286
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 time-and-materials agreement for engineering
study and support related to SOLO. Paragon will provide services including defining and documenting reactor protection systems, engineered
safety features actuation systems and nuclear instrumentation system requirements, developing specifications, and collaborating with ABB
Ltd. on non-safety distributed control systems. The hourly rate for engineering services is $257/hr. The contract allows the Company to
suspend work if cost expectations for FOAK and commercial units are misaligned. As of June 30, 2025, no payments have been made to Paragon.

Note 6. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted
of the following:

|                                                 |     |   | June 30, 
     2025 |     |   | December 31, 
         2024 |
|:------------------------------------------------|:----|:--|---------:|:----|:--|-------------:|
| Value added tax                                 |     | $ |  334,292 |     | $ |            — |
| Prepaid expenses                                |     |   |   52,112 |     |   |       63,109 |
| Tax receivables                                 |     |   |    1,105 |     |   |          970 |
| Total prepaid expenses and other current assets |     | $ |  387,509 |     | $ |       64,079 |

Note 7. Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted
of the following:

|                                                      |     |   | June 30, 
     2025 |     |   | December 31, 
         2024 |
|:-----------------------------------------------------|:----|:--|---------:|:----|:--|-------------:|
| Value added tax payable                              |     | $ |  317,690 |     | $ |            — |
| Deferred payable                                     |     |   |  153,829 |     |   |            — |
| Wages payable                                        |     |   |  117,603 |     |   |       10,070 |
| Corporate and regional taxes payable                 |     |   |   10,057 |     |   |       10,395 |
| Other                                                |     |   |    1,690 |     |   |           58 |
| Total accrued expenses and other current liabilities |     | $ |