10-K
Annual Report
TERRA INNOVATUM GLOBAL N.V.
NKLR
NASDAQ
CIK: 2067627
File #: 001-42901
Balance Sheet
33 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 102,882,000 | 69,000 |
Accounts receivable, net | 4,000 | — |
Prepaid expenses and other current assets | 3,148,000 | 65,000 |
Total current assets | 106,034,000 | 134,000 |
Equipment, net | 102,000 | — |
Total assets | 106,136,000 | 134,000 |
Liabilities and shareholders’ deficit | ||
Current liabilities: | ||
Accounts payable | 1,150,000 | 32,000 |
Accrued expenses and other current liabilities | 2,009,000 | 21,000 |
Total current liabilities | 3,159,000 | 53,000 |
Related party loan, non-current | — | 107,000 |
Share-settled contingent liability | 186,323,000 | — |
Warrant liabilities | 10,236,000 | — |
PIPE Warrant | 5,931,000 | — |
Bridge Loan Warrant | 4,305,000 | — |
Other non-current liabilities | 8,000 | 6,000 |
Total liabilities | 199,726,000 | 166,000 |
Shareholders’ deficit: | ||
Ordinary shares (€0.01 par value, 500,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 110,226,198 shares issued and outstanding as of December 31, 2025 and 47,500,000 issued and outstanding as of December 31, 2024) | 1,281,000 | 551,000 |
Convertible Preferred Shares (€100 par value, 8,040 shares authorized as of December 31, 2025 and no shares authorized at December 31, 2024; 20 shares issued and outstanding as of December 31, 2025 and no issued and outstanding as of December 31, 2024) | 3,086,000 | — |
Additional paid-in capital | 519,422,000 | (548,000) |
Accumulated deficit | (607,276,000) | (37,000) |
Accumulated other comprehensive income | (10,103,000) | 2,000 |
Total shareholders’ deficit | (93,590,000) | (32,000) |
Convertible Preferred Shares | 3,086,000 | — |
Ordinary shares | 1,281,000 | 551,000 |
Additional paid-in capital | 519,422,000 | (548,000) |
Accumulated deficit | (607,276,000) | (37,000) |
Accumulated other comprehensive (loss) income | (10,103,000) | 2,000 |
Total liabilities and shareholders’ deficit | 106,136,000 | 134,000 |