SolDefense Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Equivalents	20,589	10,882
Short-Term Investments	100	15,605
Trading Asset Securities	3,407	-
Cash & Short-Term Investments	24,096	26,487
Cash Growth	-9.03%	-
Accounts Receivable	2,527	558.92
Other Receivables	224.22	454.67
Receivables	2,910	1,014
Inventory	11,851	9,437
Prepaid Expenses	189.74	211.76
Other Current Assets	2,304	1,490
Total Current Assets	41,351	38,640
Property, Plant & Equipment	5,604	4,720
Long-Term Investments	1,364	485.43
Goodwill	6,878	-
Other Intangible Assets	971.74	799.39
Long-Term Accounts Receivable	0	-0
Long-Term Deferred Tax Assets	1,378	412.1
Other Long-Term Assets	2,483	3,076
Total Assets	60,029	48,133
Accounts Payable	1,472	368.46
Accrued Expenses	398.25	293.22
Short-Term Debt	115	-
Current Portion of Leases	329.38	189.45
Other Current Liabilities	2,691	3,555
Total Current Liabilities	5,006	4,406
Long-Term Debt	1,563	-
Long-Term Leases	476.29	515.15
Pension & Post-Retirement Benefits	84.71	-
Other Long-Term Liabilities	721.41	358.1
Total Liabilities	7,851	5,280
Common Stock	11,578	9,965
Additional Paid-In Capital	31,948	61,334
Retained Earnings	8,332	-30,271
Treasury Stock	-138.87	-119.93
Comprehensive Income & Other	459.47	59.3
Total Common Equity	52,178	40,967
Shareholders' Equity	52,178	42,854
Total Liabilities & Equity	60,029	48,133
Total Debt	2,484	704.6
Net Cash (Debt)	21,612	25,782
Net Cash Growth	-16.17%	-
Net Cash Per Share	954.12	1236.93
Filing Date Shares Outstanding	23.34	19.92
Total Common Shares Outstanding	23.34	19.92
Working Capital	36,345	34,233
Book Value Per Share	2235.12	2056.49
Tangible Book Value	44,328	40,168
Tangible Book Value Per Share	1898.85	2016.36
Land	1,824	1,824
Buildings	1,809	1,800
Machinery	4,107	3,556
Construction In Progress	178	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.