Helixmith Q1 2026: Revenue 554.9M KRW, Operating Loss 2.2B KRW (YoY revenue down, loss narrowed)

Consolidated Q1 2026 revenue 554,937 thousand KRW, down 40.4% YoY (930,472 thousand KRW).
Consolidated operating loss 2,197,165 thousand KRW, narrowing from 2,857,519 thousand KRW in Q1 2025.
Consolidated net loss 1,405,775 thousand KRW, improving from 1,535,106 thousand KRW.
R&D expenses 569,253 thousand KRW (102.6% of revenue), down 45.2% from 1,038,504 thousand KRW.
Cash and cash equivalents 31,081,344 thousand KRW, short-term financial assets 39,427,822 thousand KRW, total liquidity 70,509,166 thousand KRW.
No borrowings; debt ratio 1.19%, very stable financial structure.
Accumulated deficit 478,717,084 thousand KRW, but not capital-impairment (equity 140,277,765 thousand KRW).
Subsidiary Cartexel (95.35% stake) in liquidation, excluded from equity method.
No share buyback, cancellation, or dividend.