Northann Corp. Research And Development Expense

Quick Answer

Northann Corp. reported Research And Development Expense of $783.4 thousand for the year ending 2024.

  • Northann Corp. showed a decrease of -58.8% in Research And Development Expense from 2023 to 2024.
  • This data is from Northann Corp.'s annual report (Form 10-K), filed with the SEC on July 1, 2025.
  • XBRL data for this metric is available from 2022 to 2024 (3 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
  • Quarterly values from 10-Q filings: Q3 2022: $383.3 thousand | Q1 2023: $300.2 thousand | Q2 2023: $210.1 thousand | Q3 2023: $99.2 thousand | Q1 2024: $512.6 thousand | Q2 2024: $419.6 thousand | Q3 2024: $340.1 thousand | Q1 2025: $462.1 thousand | Q2 2025: $256.2 thousand | Q3 2025: $289.5 thousand.
  • Over the full 3 years of available data (2022 to 2024), Northann Corp.'s Research And Development Expense has declined by 46.7%.
  • Historical annual values: Fiscal year 2024: $783.4 thousand | Fiscal year 2023: $1.90 million | Fiscal year 2022: $1.47 million.
  • Data sourced from SEC EDGAR public filings as of August 6, 2026.

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