Northann Corp. reported its financial results for the fiscal year ending December 31, 2024. The company's revenues amounted to approximately $5.35 million, reflecting a significant decrease from the $13.97 million reported in the previous year. The cost of revenues for 2024 was $11.35 million, representing 73.9% of total revenues, compared to $12.74 million or 91% of revenues in 2023. Sales tax and surcharges were reported at $18,858, compared to $12,891 in the previous year. No specific guidance or outlook for future performance was provided in the report.
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