Company research
Northann Corp.
CIK 1923780Updated Sep 27, 2026
Securities
Historical securities (1)
NCL · NYSE_AMERICAN · equity · closed Jun 24, 2026NCL price & chart
Historical security
This listing closed Jun 24, 2026. Live provider charts are shown only for current listings.
About the company
Northann Corp. (NYSE American: NCL) is a flooring and wall panel technology company that designs, manufactures, and distributes innovative flooring and wall panel products built on its proprietary multi-layer 3D printing and digital embossing technology, which is protected by a portfolio of core technology patents. Through its family of brands - including Benchwick, SuperOak, DotFloor, and Blue11 - Northann delivers distinctive and innovative surface designs and substrate-agnostic flooring and wall panel solutions to major retailers across North America.
In the news
Recent filings
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Changes in Registrant's Certifying Accountant
Items 3.01, 4.01
Changes in Registrant's Certifying Accountant · Non-Reliance on Previously Issued Financial Statements or a Related Audit Report
Items 4.01, 4.02, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
NT 10-Q filing
Show 5 more recent filings
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Changes in Registrant's Certifying Accountant · Non-Reliance on Previously Issued Financial Statements or a Related Audit Report · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 3.01, 4.01, 4.02, 5.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
S-8 filing
10-Q filing
NT 10-Q filing
Financials
FY 2024 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 13,875,685Source | 13,618,710Source | 14,409,462Source |
| Property, Plant and Equipment, NetUSD | 3,894,434Source | 4,724,105Source | 5,525,639Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 977,986Source | — | — |
| Current assets: | |||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 3,106,561Source | 2,615,458Source | 1,428,738Source |
| Inventory, NetUSD | 1,995,611Source | 2,645,488Source | 4,562,366Source |
| Assets, CurrentUSD | 5,913,268Source | 6,804,875Source | 6,593,900Source |
| Operating Lease, Right-of-Use AssetUSD | 1,822,266Source | 87,380Source | 18,240Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 11,276,512Source | 13,036,098Source | 12,435,723Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 55,464Source | 21,380Source | 20,000Source |
| Additional Paid in CapitalUSD | 15,487,165Source | 6,671,016Source | 925,000Source |
| Retained Earnings (Accumulated Deficit)USD | -9,693,818Source | -5,313,943Source | 1,818,630Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,047,612Source | -775,841Source | -769,891Source |
| Stockholders' Equity Attributable to ParentUSD | 2,599,173Source | 582,612Source | 1,973,739Source |
| Liabilities and EquityUSD | 13,875,685Source | 13,618,710Source | 14,409,462Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 9,673,053Source | 12,855,226Source | 11,988,347Source |
| Operating Lease, Liability, CurrentUSD | 355,754Source | 31,413Source | 18,240Source |
| Operating Lease, Liability, NoncurrentUSD | 1,466,512Source | 55,967Source | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -4,379,875Source | -7,132,573Source | 929,059Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 645,493Source | 680,166Source | 598,144Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,042,105Source | — | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 491,103Source | 1,186,720Source | 174,320Source |
| Increase (Decrease) in InventoriesUSD | -649,877Source | -1,916,878Source | 1,703,184Source |
| Increase (Decrease) in Accounts PayableUSD | -41,968Source | -2,381,174Source | -1,483,555Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,233,491Source | -4,678,716Source | -3,430,412Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -296,363Source | 0Source | -150,607Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,186,585Source | 5,376,489Source | 2,560,629Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -860,050Source | 850,279Source | -497,714Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 245,164Source | 1,105,214Source | 254,935Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 246,140Source | 255,229Source | 292,582Source |
| Income Taxes Paid, NetUSD | 120,525Source | 286,762Source | 110,043Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,856,389Source | 152,506Source | 522,676Source |
| Additional Financial Items | |||
| Amortization of Debt Issuance Costs and DiscountsUSD | 0Source | 645,576Source | 313,699Source |
| Amortization of Intangible AssetsUSD | 20,059Source | — | — |
| DepreciationUSD | 625,434Source | 657,556Source | 650,103Source |
| General and Administrative ExpenseUSD | 3,798,777Source | 2,920,303Source | 1,159,099Source |
| Goodwill, Impairment LossUSD | 2,507,455Source | — | — |
| Income Tax Expense (Benefit)USD | 1,733Source | 14,361Source | 126,984Source |
| InterestExpenseNonoperatingUSD | 470,900Source | — | — |
| Inventory Write-downUSD | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -4,379,875Source | -7,132,573Source | 929,059Source |
| Nonoperating Income (Expense)USD | -2,704,202Source | -2,354,507Source | -1,021,172Source |
| Operating ExpensesUSD | 5,653,766Source | 5,978,069Source | 3,677,617Source |
| Proceeds from Issuance of Common StockUSD | — | 5,965,750Source | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Total RevenueUSD | 15,349,854Source | 13,971,729Source | 20,957,972Source |
| Cost of Goods and Services Sold | — | — | — |
| Operating Income (Loss)USD | -1,673,940Source | -4,763,705Source | 2,077,215Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -4,378,142Source | -7,118,212Source | 1,056,043Source |
| Income Tax Expense (Benefit)USD | 1,733Source | 14,361Source | 126,984Source |
| Net Income (Loss) Attributable to ParentUSD | -4,379,875Source | -7,132,573Source | 929,059Source |
| Earnings Per Share, BasicUSD per share | -0.17Source | -0.35Source | 0.05Source |
| Earnings Per Share, DilutedUSD per share | -0.17Source | -0.35Source | 0.05Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 26,267,990Source | 20,278,226Source | 20,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 26,267,990Source | 20,278,226Source | 20,371,428Source |
| Interest Expense (non-operating)USD | 470,900Source | — | — |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | 20,059Source | — | — |
| Current Income Tax Expense (Benefit)USD | 1,733Source | 14,361Source | 126,984Source |
| General and Administrative ExpenseUSD | 3,798,777Source | 2,920,303Source | 1,159,099Source |
| Goodwill, Impairment LossUSD | 2,507,455Source | — | — |
| Gross ProfitUSD | 3,979,826Source | 1,214,364Source | 5,754,832Source |
| Interest ExpenseUSD | — | 1,709,983Source | 366,881Source |
| Nonoperating Income (Expense)USD | -2,704,202Source | -2,354,507Source | -1,021,172Source |
| Operating ExpensesUSD | 5,653,766Source | 5,978,069Source | 3,677,617Source |
| Research and Development ExpenseUSD | 783,356Source | 1,899,299Source | 1,468,989Source |
| Selling ExpenseUSD | 1,071,633Source | 1,158,467Source | 1,049,529Source |
Offerings
Registration 333-290562
Registration 333-284033
Filing attachments
ncl121_ex99-1.htm · 8-K · 2026-08-10
EX-99.1 2 ncl121_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Dear Lin Li (Ken) and Members of the Board, I am writing to formally resign from my position as an Independent Board Member of Northann Corp., (NCL) effective April 14, 2026. This decision has not been taken lightly. However, it follows ongoing concerns regarding the company's failure to honor key commitments made at the time of my appointment. Specifically: * The agreed-upon board compensation has not been paid in accordance with the…
Read attachment ↗ncl124_ex99-1.htm · 8-K · 2026-06-15
EX-99.1 2 ncl124_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Northann Corp. Regains Full Compliance with NYSE American Continued Listing Standards FORT LAWN, S.C. - June 15, 2026 - Northann Corp. (“Northann” or the “Company”) (NYSE American: NCL), a flooring and wall panel technology company specializing in advanced 3D printing and digital embossing manufacturing, today announced that it has received formal notice from NYSE American LLC (the “NYSE American”) confirming that…
Read attachment ↗ncl119_ex99-1.htm · 8-K · 2026-03-02
EX-99.1 2 ncl119_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Northann Corp. Announces NYSE American's Acceptance of its Strategic Listing Optimization Plan Fort Lawn, South Carolina, March 2, 2026 - Northann Corp. (NYSE American: NCL) (the "Company"), a technology innovator and producer of sustainable, natural material-based products for interior finishes, today announced that on February 24, 2026, it received an official notification from the NYSE American LLC (the “NYSE American”) accepting the…
Read attachment ↗ncl115_ex99-1.htm · 8-K · 2026-01-02
EX-99.1 2 ncl115_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 NCL | LETTER TO STOCKHOLDERS January 2, 2026 Dear Northann Corp. Stockholders, Throughout our journey, our focus has remained steadfast on a single pursuit: the innovation and distribution of premium interior surface solutions. This is not merely our business - it is our lifelong passion and a craft to which we have dedicated our lives. Redefining a Traditional Industry The interior surface sector has long been characterized by a re…
Read attachment ↗ncl115_ex99-2.htm · 8-K · 2026-01-02
EX-99.2 3 ncl115_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 NCL Founder and CEO Lin Li Provides Letter to Stockholders, Highlighting North American Retail Fort Lawn, South Carolina, January 2nd, 2026 - Northann Corp. (NYSE American: NCL) (the "Company"), an innovator in integrated interior surface solutions, today announced that its founder and CEO, Lin Li, has provided a letter to the Company’s stockholders. The letter outlines the Company’s strategic roadmap for 2026, including its expansion i…
Read attachment ↗ncl112_ex99-1.htm · 8-K · 2025-12-11
EX-99.1 2 ncl112_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Northann Corp. Receives Non-Compliance Notice from NYSE American Fort Lawn, South Carolina, December 11, 2025 - Northann Corp. (NYSE American: NCL) (the "Company" or "Northann"), today announced it received a notice from the staff of NYSE American LLC (the "Exchange") that the Company was not in compliance with the Exchange's continued listing standards under Section 1003(a)(i) of the NYSE American Company Guide. Section 1003(a)(i) requ…
Read attachment ↗