Q1 2026 revenue: 5.185B KRW (+67% YoY), operating loss 1.55B (narrowed), net loss 0.247B (improved from 1.64B in Q1 2025)
Signed 2nd XGSPON ASIC design and supply contract with global telecom equipment maker in Dec 2025: 23B KRW (contract period Dec 2025~Jan 2028), 40% increase from 1st contract (16.5B)
Order backlog at end-Q1: 26.228B KRW, mainly XGSPON SFP+ ONU 20.895B
Convertible bonds conversion: 302,767 new common shares issued, increasing capital and paid-in surplus
R&D expenditure: 3.636B KRW (70.13% of revenue), continued development of next-gen 25GS-PON and neuromorphic AI semiconductors
Financial position: total assets 84.1B, total liabilities 37.5B, total equity 46.6B (up from prior year-end)