SolDefense 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Equivalents	11,932	20,589	10,882
Short-Term Investments	-	100	15,605
Trading Asset Securities	5,504	3,407	-
Cash & Short-Term Investments	17,436	24,096	26,487
Cash Growth	-34.17%	-9.03%	-
Accounts Receivable	3,230	2,527	558.92
Other Receivables	305.96	224.22	454.67
Receivables	3,910	2,910	1,014
Inventory	14,149	11,851	9,437
Prepaid Expenses	243.7	189.74	211.76
Other Current Assets	3,033	2,304	1,490
Total Current Assets	38,771	41,351	38,640
Property, Plant & Equipment	5,738	5,604	4,720
Long-Term Investments	3,364	1,364	485.43
Goodwill	6,878	6,878	-
Other Intangible Assets	950.2	971.74	799.39
Long-Term Accounts Receivable	-0	0	-0
Long-Term Deferred Tax Assets	1,378	1,378	412.1
Other Long-Term Assets	2,485	2,483	3,076
Total Assets	59,566	60,029	48,133
Accounts Payable	2,180	1,472	368.46
Accrued Expenses	534.28	398.25	293.22
Short-Term Debt	65	115	-
Current Portion of Leases	329.98	329.38	189.45
Other Current Liabilities	2,779	2,691	3,555
Total Current Liabilities	5,888	5,006	4,406
Long-Term Debt	1,610	1,563	-
Long-Term Leases	399.69	476.29	515.15
Pension & Post-Retirement Benefits	92.71	84.71	-
Other Long-Term Liabilities	721.61	721.41	358.1
Total Liabilities	8,713	7,851	5,280
Common Stock	11,578	11,578	9,965
Additional Paid-In Capital	31,948	31,948	61,334
Retained Earnings	7,762	8,332	-30,271
Treasury Stock	-1,140	-138.87	-119.93
Comprehensive Income & Other	704.71	459.47	59.3
Total Common Equity	50,853	52,178	40,967
Shareholders' Equity	50,853	52,178	42,854
Total Liabilities & Equity	59,566	60,029	48,133
Total Debt	2,405	2,484	704.6
Net Cash (Debt)	15,031	21,612	25,782
Net Cash Growth	-41.70%	-16.17%	-
Net Cash Per Share	648.11	956.04	1236.93
Filing Date Shares Outstanding	22.8	23.14	19.92
Total Common Shares Outstanding	22.8	23.14	19.92
Working Capital	32,883	36,345	34,233
Book Value Per Share	2230.14	2254.76	2056.49
Tangible Book Value	43,024	44,328	40,168
Tangible Book Value Per Share	1886.82	1915.54	2016.36
Land	1,824	1,824	1,824
Buildings	1,809	1,809	1,800
Machinery	4,617	4,107	3,556
Construction In Progress	-	178	-