Cash and equivalents KRW 13,000M (down from KRW 38,541M at year-end); total liquidity ~KRW 35B including short-term deposits.
Overseas sales of dRAST accounted for 76% of total revenue, with growth in Middle East (36%) and Asia (21%).
In Dec 2025, controlling shareholder and CEO signed an agreement to transfer management control to Pentastone 3 New Technology Investment Association (effective 15 months after payment), leading to expected board changes.
Convertible bonds outstanding: 2nd series KRW 17.5B (conversion price KRW 4,542) and 3rd series perpetual CB KRW 36B (conversion price KRW 4,329).
During the quarter, 114,100 new shares were issued upon conversion, bringing total shares to 20,135,029.