NBR Motion Records Consolidated Operating Loss of KRW 3.9B in 2025, Net Loss Widens

[Operating Results] Consolidated revenue KRW 63.1B (previous 63.8B), operating loss 3.9B (previous 4.1B), net loss 12.2B (previous 7.6B), continuing losses
[Financial Position] Assets 86.3B, liabilities 51.9B, equity 34.4B. Net debt-to-equity ratio improved to 41.31% (from 184.32%)
[Dividend] No dividend for the period; insufficient distributable profits
[Merger] SPAC merger completed (Dec 22, 2025) with merger cost of 6.88B; KOSDAQ listing effective Jan 14, 2026
[Allowance for Doubtful Accounts] Total allowance 9.0B (previous 7.5B), mainly from long-term loans; risks related to affiliated company liquidation
[Derivative Liabilities] Decreased to 0.94B (from 2.74B)
[Major Shareholders] (주)나노 21.29%, SBI Fund 18.26%, etc.
[Lock-up] Largest shareholder 25.42% for 5 years, venture capital 36.3% for 1-6 months
[Stock Options] 340,000 options granted to 18 executives (exercise price KRW 3,000)
[Treasury Shares]Acquired 976 shares (0.01%) from merger fractional shares