Separate revenue KRW 9.82 billion (up 29% YoY), operating loss KRW 0.39 billion (improved from -0.66 billion), net loss KRW 0.20 billion (improved from -0.57 billion)
Full conversion of 8th exchangeable bonds (face value KRW 3.9 billion) in Feb 2026, all treasury shares (1,369,436 shares) delivered, extinguishing EB liability
Total assets KRW 123.8 billion, liabilities KRW 72.5 billion, equity KRW 51.3 billion, debt ratio 99.2% (vs 77.6% at year-end 2025)
Three pending lawsuits as defendant, total claim approx. KRW 0.91 billion (first trial ongoing)
April 2026: board resolution to issue bonds with warrants (BW)