Company: NCL
Filing Date: 2025-07-02
Form Type: 10-K/A
Source: 0001575872-25-000444
Chunk: 14

Company: Northann Corp.
Filing Date: 2025-07-02
Form: 10-K/A
Chunk 14
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 |      (0.35 | ) |
| Weighted average number of shares of common stock outstanding – basic  |     |   | 26,267,990 |   |     |   | 20,278,226 |   |
| Weighted average number of shares of common stock outstanding –diluted |     |   | 26,267,990 |   |     |   | 20,278,226 |   |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-5 |

<div align='center'>NORTHANN CORP.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)

FOR</div>

#### THE YEARS ENDED DECEMBER 31, 2024 AND 2023
<div align='center'>(In U.S. dollars)</div>

|                                                           |     | Preferred Stock – 
 Series A          
 Number of         
 shares*           |           |     | Amount |       |     | Common Stock 
 Number of    
 shares*      |            |     | Amount |        |     | Subscription 
 receivable   |            |   |     | Additional 
 paid in    
 capital    |            |   |     | Retained 
 earnings |            |   |     | Accumulated   
 other         
 comprehensive 
 loss          |           |   |     | Total |            |   |
|:----------------------------------------------------------|:----|:------------------|----------:|:----|:-------|------:|:----|:-------------|-----------:|:----|:-------|-------:|:----|:-------------|:-----------|:--|:----|:-----------|-----------:|:--|:----|:---------|-----------:|:--|:----|:--------------|----------:|:--|:----|:------|-----------:|:--|
| Balance, December 31, 2022                                |     |                   | 5,000,000 |     |        | 5,000 |     |              | 20,000,000 |     |        | 20,000 |     |              | (25,000    | ) |     | $          |    925,000 |   |     |          |  1,818,630 |   |     |               |  (769,891 | ) |     | $     |  1,973,739 |   |