Q AID Q1 Operating Loss Widens, High Debt Ratio Persists, Improvement Period Nears End

Q1 2026 revenue of 19.2 billion KRW (down 6.8% YoY), operating loss of 1.39 billion KRW (wider than 1.15 billion loss in Q1 2025)
Net debt-to-equity ratio of 139.33% (up from 129.13% at end-2025), total borrowings of 78.2 billion vs equity of 55.2 billion
Allowance for doubtful accounts at 94.22% of gross receivables, indicating extremely high credit risk
Trading suspension continues due to listing eligibility review; improvement period expires on August 2, 2026
No shareholder return programs (dividends or share buybacks) disclosed