Bitmax 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	7,489	17,737	3,173	10,004	15,249	14,094
Short-Term Investments	232.15	226.97	88.55	18,590	42,593	-
Cash & Short-Term Investments	7,721	17,964	3,261	28,594	57,842	14,094
Cash Growth	-74.50%	450.84%	-88.59%	-50.57%	310.42%	-
Accounts Receivable	1,058	1,606	2,516	199.65	284.84	519.96
Other Receivables	57.95	58.63	39.88	277.6	414.97	88.77
Receivables	3,639	5,435	4,037	477.25	699.82	608.72
Inventory	-	57.62	-	-	-	-
Prepaid Expenses	112.62	111.68	438.42	329.52	35.15	24.33
Other Current Assets	835.18	893.5	1,903	10,195	2,395	656.03
Total Current Assets	12,308	24,462	9,640	39,596	60,972	15,383
Property, Plant & Equipment	379.97	449.02	2,754	2,842	2,323	1,630
Long-Term Investments	1,196	1,219	736.79	5,602	-0	-0
Goodwill	6,552	6,552	10,873	1,473	1,473	-
Other Intangible Assets	58,953	73,438	2,917	38.96	37.51	28.26
Long-Term Deferred Tax Assets	876.17	876.17	681.57	-	-	-
Long-Term Deferred Charges	20.09	30.14	132.47	1,251	1,444	1,117
Other Long-Term Assets	133.67	133.3	808.56	833.51	664.99	401.72
Total Assets	80,419	107,159	28,543	51,636	66,914	18,560
Accounts Payable	1,164	1,189	1,508	-	-	-
Accrued Expenses	-	1,188	1,032	632.32	489.91	331.73
Short-Term Debt	79,700	89,487	3,197	9,998	8,601	64
Current Portion of Long-Term Debt	-	800	800	-	-	-
Current Portion of Leases	401.52	181.01	1,102	698.28	500.08	323.1
Current Income Taxes Payable	-	1.65	-	-	-	-
Other Current Liabilities	1,462	1,156	2,043	12,728	17,600	1,080
Total Current Liabilities	82,727	94,003	9,683	24,056	27,190	1,799
Long-Term Debt	1,600	1,600	2,400	-	-	-
Long-Term Leases	37.98	46.29	1,038	1,308	1,130	862.52
Pension & Post-Retirement Benefits	-	-	-	-	75.6	-
Long-Term Deferred Tax Liabilities	564.93	564.93	598.16	-	1.09	-
Other Long-Term Liabilities	334.13	333.88	565.54	753.39	526.89	365.81
Total Liabilities	85,264	96,548	14,284	26,118	28,924	3,027
Common Stock	21,389	20,969	15,135	9,785	9,785	4,271
Additional Paid-In Capital	168,182	167,506	80,735	70,069	71,316	39,709
Retained Earnings	-197,109	-180,535	-84,315	-57,412	-44,183	-29,277
Comprehensive Income & Other	2,693	2,672	2,695	3,076	1,306	829.73
Total Common Equity	-4,845	10,612	14,250	25,518	38,224	15,533
Minority Interest	-	-	8.47	-	-234.39	-
Shareholders' Equity	-4,845	10,612	14,259	25,518	37,990	15,533
Total Liabilities & Equity	80,419	107,159	28,543	51,636	66,914	18,560
Total Debt	81,740	92,114	8,537	12,004	10,231	1,250
Net Cash (Debt)	-74,018	-74,150	-5,276	16,590	47,611	12,844
Net Cash Growth	-	-	-	-65.16%	270.69%	-
Net Cash Per Share	-6618.69	-8123.11	-1008.89	3390.74	10099.43	3232.55
Filing Date Shares Outstanding	42.78	10.48	7.57	4.89	4.89	4.27
Total Common Shares Outstanding	42.78	10.48	7.57	4.89	4.89	4.27
Working Capital	-70,419	-69,541	-42.94	15,539	33,781	13,584
Book Value Per Share	-113.27	1012.14	1883.03	5215.52	7812.48	3636.57
Tangible Book Value	-70,350	-69,379	460.3	24,006	36,714	15,504
Tangible Book Value Per Share	-1644.57	-6617.40	60.82	4906.56	7503.82	3629.95
Machinery	1,066	1,032	1,442	1,216	857.1	424.37
Construction In Progress	-	-	-	-	-	55