Wavice Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	32,528	26,216	12,417	8,746	4,262
Short-Term Investments	146.23	202.37	266.74	678.76	-
Trading Asset Securities	13,654	-	-	-	-
Cash & Short-Term Investments	46,328	26,419	12,684	9,425	4,262
Cash Growth	75.36%	108.29%	34.58%	121.15%	-66.16%
Accounts Receivable	6,912	428.89	76.37	1,092	1,822
Other Receivables	137.63	144.48	135.37	445.54	835.32
Receivables	7,075	573.37	211.74	1,537	2,657
Inventory	17,023	13,486	13,930	6,890	4,321
Prepaid Expenses	39.92	182.74	385.31	128.12	15.53
Other Current Assets	4,335	2,492	269.24	554.94	284.19
Total Current Assets	74,801	43,153	27,481	18,535	11,540
Property, Plant & Equipment	24,861	19,729	22,600	25,813	24,233
Long-Term Investments	7,715	2,486	1,658	4.2	172.56
Other Intangible Assets	450.89	712.04	1,036	1,457	1,200
Other Long-Term Assets	2,526	943.33	1,253	1,304	1,321
Total Assets	110,354	67,024	54,027	47,113	38,467
Accounts Payable	3,062	758.41	2,954	742.82	251.8
Accrued Expenses	1,480	1,597	1,126	1,501	877.08
Short-Term Debt	15,257	16,201	15,287	26,314	16,145
Current Portion of Long-Term Debt	1,171	3,129	3,356	2,136	1,217
Current Portion of Leases	1,165	1,052	726.1	590.98	401.59
Other Current Liabilities	3,867	3,306	5,380	12,154	4,709
Total Current Liabilities	26,002	26,043	28,830	43,438	23,601
Long-Term Debt	18,489	1,226	2,198	3,713	4,199
Long-Term Leases	3,365	3,828	4,330	5,056	3,130
Pension & Post-Retirement Benefits	2,150	2,302	1,656	1,976	1,713
Other Long-Term Liabilities	9,130	0	175.83	84.19	27.66
Total Liabilities	59,138	33,400	37,190	54,267	32,671
Common Stock	6,260	6,260	5,443	4,109	4,109
Additional Paid-In Capital	129,920	116,429	95,057	54,707	54,170
Retained Earnings	-88,661	-91,011	-84,828	-69,838	-53,267
Comprehensive Income & Other	3,698	1,947	1,165	718.64	783.76
Total Common Equity	51,216	33,624	16,837	-10,303	5,796
Shareholders' Equity	51,216	33,624	16,837	-7,154	5,796
Total Liabilities & Equity	110,354	67,024	54,027	47,113	38,467
Total Debt	39,447	25,436	25,898	37,809	25,092
Net Cash (Debt)	6,881	982.43	-13,214	-28,384	-20,830
Net Cash Growth	600.45%	-	-	-	-
Net Cash Per Share	547.81	87.86	-1509.75	-3453.93	-2901.05
Filing Date Shares Outstanding	12.69	12.52	8.75	8.22	7.18
Total Common Shares Outstanding	12.69	12.52	8.75	8.22	7.18
Working Capital	48,799	17,110	-1,349	-24,903	-12,061
Book Value Per Share	4036.41	2685.73	1923.64	-1253.65	807.23
Tangible Book Value	50,766	32,912	15,801	-11,760	4,596
Tangible Book Value Per Share	4000.88	2628.86	1805.30	-1430.96	640.06
Machinery	34,301	32,082	31,501	29,821	26,589
Construction In Progress	6,701	136.5	105	1,220	2,053

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