Company: NCL
Filing Date: 2025-07-02
Form Type: 10-K/A
Source: 0001575872-25-000444
Chunk: 13

Company: Northann Corp.
Filing Date: 2025-07-02
Form: 10-K/A
Chunk 13
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313,943 | ) |
| Accumulated other comprehensive loss                                                                                                                                         |     |      |  1,047,612 |   |     |      |   (775,841 | ) |
| Total stockholders’ equity                                                                                                                                                   |     |      |  2,599,173 |   |     |      |    582,612 |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                   |     | $    | 13,875,685 |   |     | $    | 13,618,710 |   |

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

| * | Retrospectively restated for the effect of2-for-1reverse stock split.(Note 18) |

| F-4 |

<div align='center'>NORTHANN CORP.

CONSOLIDATED STATEMENTS OF</div>

### OPERATIONS
<div align='center'>AND COMPREHENSIVE LOSS

FOR THE YEARS ENDED DECEMBER 31, 202 4 AND 202 3

(In U.S. dollars)</div>

|                                                                        |     |   |       2024 |   |     |   |       2023 |   |
|:-----------------------------------------------------------------------|:----|:--|-----------:|:--|:----|:--|-----------:|:--|
| REVENUES                                                               |     | $ | 15,349,854 |   |     | $ | 13,971,729 |   |
| COST OF REVENUES                                                       |     |   | 11,370,028 |   |     |   | 12,744,474 |   |
| GROSS PROFIT                                                           |     |   |  3,979,826 |   |     |   |  1,214,364 |   |
| OPERATING EXPENSES                                                     |     |   |            |   |     |   |            |   |
| Selling expenses                                                       |     |   |  1,071,633 |   |     |   |  1,158,467 |   |
| General and administrative expenses                                    |     |   |  3,798,777 |   |     |   |  2,920,303 |   |
| Research and development expenses                                      |     |   |    783,356 |   |     |   |  1,