THINKWARE Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	61,754	40,621	90,576	113,570	68,407	41,776
Short-Term Investments	6,546	5,362	24,809	16,022	19,000	13,000
Trading Asset Securities	4,126	3,341	466.5	862.02	682.1	1,178
Cash & Short-Term Investments	72,425	49,324	115,852	130,453	88,089	55,955
Cash Growth	6.78%	-57.43%	-11.19%	48.09%	57.43%	-8.30%
Accounts Receivable	62,536	74,943	60,823	60,691	39,096	27,712
Other Receivables	13,853	7,841	2,948	2,440	3,686	3,805
Receivables	78,969	85,364	71,756	63,330	42,781	31,517
Inventory	116,628	92,613	88,481	75,992	91,740	84,965
Prepaid Expenses	1,762	1,685	1,506	1,220	1,843	1,430
Other Current Assets	21,091	28,348	5,824	4,682	7,270	17,075
Total Current Assets	290,877	257,334	283,419	275,677	231,723	190,942
Property, Plant & Equipment	58,595	58,812	74,576	75,487	76,283	55,763
Long-Term Investments	19,410	20,585	27,750	17,121	13,357	10,366
Goodwill	10.46	10.47	1,919	1,919	1,919	1,932
Other Intangible Assets	7,976	6,746	4,922	7,725	7,141	7,857
Long-Term Accounts Receivable	-	-	-	-	-0	0
Long-Term Deferred Tax Assets	5,204	5,490	14,582	11,716	9,640	9,918
Long-Term Deferred Charges	-	-	-	1,315	2,252	4,845
Other Long-Term Assets	18,441	18,507	3,748	4,775	5,685	3,954
Total Assets	402,872	369,868	412,818	396,336	348,001	285,579
Accounts Payable	25,909	14,458	25,762	27,852	15,848	23,917
Accrued Expenses	1,929	1,827	1,730	1,806	1,593	1,550
Short-Term Debt	94,194	81,700	80,081	76,880	70,920	26,962
Current Portion of Long-Term Debt	5,250	1,750	3,513	4,138	3,712	1,793
Current Portion of Leases	1,717	1,682	1,802	1,359	1,665	1,216
Current Income Taxes Payable	1,088	1,076	4,709	7,144	2,570	1,953
Current Unearned Revenue	-	-	-	-	-	24.71
Other Current Liabilities	25,886	20,875	31,550	35,668	22,572	41,782
Total Current Liabilities	155,973	123,368	149,147	154,847	118,879	99,199
Long-Term Debt	10,000	3,500	4,592	8,099	20,856	1,698
Long-Term Leases	1,781	2,090	2,436	1,450	1,999	1,314
Pension & Post-Retirement Benefits	1,529	1,237	959.08	280.26	-	1,005
Long-Term Deferred Tax Liabilities	-	-	-	-	9.01	69.28
Other Long-Term Liabilities	698.21	684.99	703.41	308.93	7,084	353.65
Total Liabilities	169,981	130,879	157,838	164,986	148,827	103,639
Common Stock	5,555	5,555	5,555	5,555	5,555	5,213
Additional Paid-In Capital	72,654	72,941	73,181	72,955	73,458	65,229
Retained Earnings	104,830	111,209	136,672	125,897	111,003	107,672
Treasury Stock	-9,638	-10,452	-8,444	-8,444	-8,444	-13,368
Comprehensive Income & Other	10,906	10,793	1,931	-337.34	-480.28	-975.95
Total Common Equity	184,307	190,046	208,894	195,625	181,091	163,770
Minority Interest	25,787	27,219	21,034	13,666	3,479	1,121
Shareholders' Equity	232,891	238,989	254,981	231,350	199,174	181,940
Total Liabilities & Equity	402,872	369,868	412,818	396,336	348,001	285,579
Total Debt	112,941	90,722	92,425	91,927	99,152	32,984
Net Cash (Debt)	-40,516	-41,397	23,428	38,526	-11,063	22,971
Net Cash Growth	-	-	-39.19%	-	-	-15.34%
Net Cash Per Share	-3927.48	-4003.65	2236.17	3579.12	-1136.36	2371.98
Filing Date Shares Outstanding	10.3	10.28	10.76	10.76	10.76	9.68
Total Common Shares Outstanding	10.3	10.28	10.76	10.76	10.76	9.68
Working Capital	134,903	133,966	134,272	120,830	112,844	91,743
Book Value Per Share	17896.64	18489.26	19406.57	18173.85	16823.62	16910.85
Tangible Book Value	176,321	183,290	202,053	185,981	172,031	153,980
Tangible Book Value Per Share	17121.16	17831.91	18771.03	17277.93	15982.00	15899.95
Land	27,339	27,333	37,632	37,620	37,641	16,294
Buildings	27,545	39,501	34,883	34,855	34,874	33,984
Machinery	1,973	34,950	33,545	34,728	33,096	28,900
Construction In Progress	43.26	-	8,334	3,655	1,283	3,191