Noul Q1 Revenue Plunges and Loss Widens

Consolidated Q1 revenue of 322 million KRW (down 77% YoY from 1,393 million KRW)
Consolidated net loss widened to 4,658 million KRW (from 4,324 million KRW YoY)
Order backlog maintained at 21,799 million KRW (as of March 31, 2026)
Cash equivalents at 9,397 million KRW (down from 16,156 million at year-end), borrowings reduced to 1,200 million KRW
R&D expenses increased to 1,564 million KRW (from 524 million KRW YoY)
Grace period for designation as management item under technology special listing until 2026