Nocera Inc 2024年度报告

FORM10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934FOR THE FISCAL YEAR ENDEDDECEMBER 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934FOR THE TRANSITION PERIOD FROM _______ TO _______ COMMISSION FILE NO.001-41434 NOCERA, INC.(Exact name of registrant as specified in charter) Nevada16-1626611(State or other jurisdiction of incorporation)(IRS Employer Identification No.) 3F (Building B), No. 185,Sec. 1 , Datong Rd.,Xizhi Dist.,New Taipei City221,Taiwan(R.O.C.)(Address of principal executive offices and zip code) (886)-910-163-358(Registrant’s telephone number, including area code) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: Title of each class:Trading Symbol(s)Name of each exchange on which registered:Common Stock, par value $0.001 per shareNCRATheNasdaqCapital Market LLC SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company or emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☒Emerging growth company☒ Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by theregistered public accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The aggregate market value of the registrant’s issued and outstanding shares of common stock held by non-affiliates of theregistrant as of December 31, 2024 based on $0.846 per share, the price at which the registrant’s common stock was last sold onDecember 31, 2024, was approximately $7,361,431. There were14,247,539shares outstanding of the registrant’s common stock, par value $0.001 per share, as of May 6, 2025. Explanatory Note This Annual Report on Form 10-K (this “Annual Report”) includes the restatement of Nocera, Inc., a Nevada corporation(the “Company”) unaudited interim condensed consolidated financial statements for the quarters ended March 31, June 30, andSeptember 30, 2024. The restatement corrects errors related to the fair value calculation of warrant liabilities, which were notappropriately remeasured during each quarter, as well as non-current asset and liability misclassifications. On March 31, 2024, we recognized our e-commerce business contract as other non-current assets and accounts payable onour balance sheet. We inadvertently concluded the transaction, following the investigation by an examiner of the Securities andExchange Commission, that it should have been recognized in the income statement as revenue rather than recorded on the balancesheet. As a result, we have reversed the previously recorded other non-current asset and liability, removing them from the balancesheet and recogni