Alpha AI: Auditor's Disclaimer of Opinion and Going Concern Uncertainty
Auditor (Taesung Accounting Corp.) disclaimed opinion on financial statements due to inability to obtain sufficient evidence on investments, fund transactions, and related party transactions.
Going concern uncertainty: net loss of KRW 5.61 billion, operating loss KRW 4.41 billion. Total liabilities exceed total equity by KRW 7.64 billion (capital impairment).
Net loss of KRW 5.61 billion (previous year loss of KRW 6.24 billion). Revenue increased slightly to KRW 12.44 billion from KRW 11.38 billion.
Healthcare business segment discontinued (Sep 19, 2025). Sold two subsidiaries, acquired new subsidiary, and issued convertible bonds totaling KRW 10.5 billion.
Internal accounting control system review also resulted in disclaimer (deficiencies in fund and related party transaction controls).