Quratis 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	9,391	1,168	7,314	333.33	17,084
Short-Term Investments	-	-	4,000	-	-
Cash & Short-Term Investments	9,391	1,168	11,314	333.33	17,084
Cash Growth	703.73%	-89.67%	3294.11%	-98.05%	573.94%
Accounts Receivable	610.78	5.4	-	-	-
Other Receivables	374.64	338.88	370.4	5,258	5,911
Receivables	985.42	344.28	370.4	5,258	5,911
Inventory	866.2	1,622	1,559	3,033	1,654
Prepaid Expenses	75.08	72.2	83.15	105.61	133.85
Other Current Assets	1,485	747.43	1,606	2,282	203.1
Total Current Assets	12,803	3,954	14,932	11,012	24,986
Property, Plant & Equipment	41,424	41,401	51,071	51,210	53,098
Other Intangible Assets	332.12	592.02	906.9	2,444	2,984
Long-Term Accounts Receivable	0	0	0	-0	0
Other Long-Term Assets	171.85	698.61	292.45	232.75	799.38
Total Assets	54,731	46,646	67,202	64,898	81,867
Accounts Payable	-	370.14	1.82	1,317	-
Accrued Expenses	171.67	425.65	279.88	367.17	345.86
Short-Term Debt	-	6,517	7,640	12,172	-
Current Portion of Long-Term Debt	9,430	158.43	116.81	2,350	2,208
Current Portion of Leases	85.12	125.72	129.89	222.81	393.95
Other Current Liabilities	760.7	6,223	7,960	22,236	8,697
Total Current Liabilities	10,447	13,819	16,128	38,664	11,645
Long-Term Debt	-	10,666	13,485	49,172	48,869
Long-Term Leases	24.59	-	115.61	41.96	183.04
Pension & Post-Retirement Benefits	-	1,280	1,350	1,990	1,254
Other Long-Term Liabilities	-	403.62	0.35	1,870	11,517
Total Liabilities	10,472	26,169	31,079	91,739	73,468
Common Stock	40,893	28,981	21,076	11,636	11,544
Additional Paid-In Capital	207,021	198,425	197,194	127,086	125,640
Retained Earnings	-239,656	-209,983	-183,590	-167,037	-129,531
Comprehensive Income & Other	36,000	3,054	1,336	1,475	746.71
Total Common Equity	44,259	20,477	36,016	-26,840	8,400
Shareholders' Equity	44,259	20,477	36,123	-26,840	8,400
Total Liabilities & Equity	54,731	46,646	67,202	64,898	81,867
Total Debt	9,540	17,467	21,487	63,958	51,654
Net Cash (Debt)	-149.09	-16,299	-10,174	-63,625	-34,571
Net Cash Per Share	-2.07	-365.48	-305.77	-2497.75	-1504.97
Filing Date Shares Outstanding	79.08	57.96	42.15	25.51	22.97
Total Common Shares Outstanding	79.08	57.96	42.15	25.51	22.97
Working Capital	2,355	-9,865	-1,197	-27,653	13,341
Book Value Per Share	559.68	353.27	854.44	-1052.35	365.66
Tangible Book Value	43,927	19,885	35,109	-29,285	5,416
Tangible Book Value Per Share	555.48	343.06	832.93	-1148.18	235.77
Land	3,926	3,926	3,926	3,926	3,926
Buildings	35,246	35,246	35,246	35,246	31,419
Machinery	15,312	15,292	15,273	15,327	7,653
Construction In Progress	3,878	115	5,645	1,384	12,148

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