Saltware 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	7,474	11,278	10,402	12,473	11,745	7,356
Short-Term Investments	-	-	676.4	5,000	9,472	227.22
Trading Asset Securities	759.22	196.07	381.95	462.49	-	-
Cash & Short-Term Investments	8,233	11,474	11,461	17,936	21,217	7,583
Cash Growth	-41.09%	0.11%	-36.10%	-15.46%	179.78%	136.89%
Accounts Receivable	4,958	2,618	1,131	2,202	1,197	2,007
Other Receivables	4,888	4,387	4,655	3,464	1,940	1,914
Receivables	9,846	7,006	5,786	5,666	3,137	3,921
Inventory	316.17	233.84	555.76	1,199	444.23	283.06
Prepaid Expenses	-	2,354	432.84	1,412	378.14	372.7
Other Current Assets	2,477	164.57	202.65	172.47	46.91	0.44
Total Current Assets	20,871	21,232	18,438	26,385	25,223	12,161
Property, Plant & Equipment	12,744	12,940	13,840	8,410	6,356	3,374
Long-Term Investments	704.62	909.57	2,247	314.5	295.61	269.33
Goodwill	240	240	240	-	-	-
Other Intangible Assets	357.71	843.64	411.61	452.86	233.71	230.74
Long-Term Deferred Tax Assets	1,633	1,637	1,327	890.93	696.56	402.23
Long-Term Deferred Charges	712.69	82.08	-	-	-	-
Other Long-Term Assets	557.56	563.68	66.15	-0	450.97	692.8
Total Assets	37,821	38,447	36,570	36,453	33,256	17,130
Accounts Payable	3,862	3,834	4,947	6,465	2,839	2,570
Accrued Expenses	-	3,871	4,105	2,688	1,673	1,279
Short-Term Debt	5,078	540	300	-	2	200
Current Portion of Leases	64.53	63.56	41.61	29.77	56.86	63.97
Current Income Taxes Payable	18.78	38.46	3.79	-	-	177.27
Current Unearned Revenue	-	3,231	580.16	873.73	257.93	535.94
Other Current Liabilities	3,378	1,452	1,677	1,330	1,226	2,515
Total Current Liabilities	12,401	13,029	11,655	11,386	6,054	7,341
Long-Term Debt	-	-	-	-	5,188	-
Long-Term Leases	153.63	157.74	28.87	26.89	22	61.48
Long-Term Unearned Revenue	-	7.7	167.7	391.08	462.17	425.2
Pension & Post-Retirement Benefits	1,673	1,639	1,540	1,568	1,428	1,281
Other Long-Term Liabilities	258.73	256.01	190.82	118.51	87.85	10.66
Total Liabilities	14,487	15,089	13,582	13,491	13,242	9,119
Common Stock	3,426	3,426	3,426	3,426	3,189	2,541
Additional Paid-In Capital	5,091	17,791	17,791	17,791	15,841	23.48
Retained Earnings	15,301	2,619	1,740	1,754	1,005	5,934
Treasury Stock	-509	-509	-9.18	-9.18	-9.18	-
Comprehensive Income & Other	0	-0	-0	-0	-0	-476.47
Total Common Equity	23,309	23,327	22,949	22,962	20,026	8,022
Minority Interest	25.04	30.64	39.32	-	-12.18	-11.61
Shareholders' Equity	23,334	23,358	22,988	22,962	20,014	8,011
Total Liabilities & Equity	37,821	38,447	36,570	36,453	33,256	17,130
Total Debt	5,296	761.31	370.48	56.66	5,269	325.45
Net Cash (Debt)	2,937	10,712	11,090	17,879	15,948	7,258
Net Cash Growth	-78.40%	-3.41%	-37.97%	12.11%	119.73%	171.28%
Net Cash Per Share	392.88	1563.28	1477.74	2624.53	2840.05	1467.09
Filing Date Shares Outstanding	36.86	6.76	6.85	6.85	6.38	19.07
Total Common Shares Outstanding	36.86	6.76	6.85	6.85	6.38	19.07
Working Capital	8,470	8,203	6,783	14,999	19,169	4,819
Book Value Per Share	632.35	3450.86	3349.35	3351.38	3139.89	420.71
Tangible Book Value	22,711	22,244	22,297	22,510	19,793	7,792
Tangible Book Value Per Share	616.13	3290.56	3254.25	3285.29	3103.25	408.61
Land	4,357	4,357	4,681	725.22	725.22	725.22
Buildings	7,747	7,747	8,482	1,364	1,364	1,364
Machinery	3,677	3,668	3,306	2,543	1,936	1,801
Construction In Progress	-	-	-	6,375	4,669	1,560