Bitmax Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	8,513	17,737	3,173	10,004	15,249	14,094
Short-Term Investments	236.14	226.97	88.55	18,590	42,593	-
Cash & Short-Term Investments	8,749	17,964	3,261	28,594	57,842	14,094
Cash Growth	-82.46%	450.84%	-88.59%	-50.57%	310.42%	-
Accounts Receivable	1,060	1,606	2,516	199.65	284.84	519.96
Other Receivables	118.04	58.63	39.88	277.6	414.97	88.77
Receivables	3,202	5,435	4,037	477.25	699.82	608.72
Inventory	-	57.62	-	-	-	-
Prepaid Expenses	284.61	111.68	438.42	329.52	35.15	24.33
Other Current Assets	930.7	893.5	1,903	10,195	2,395	656.03
Total Current Assets	13,166	24,462	9,640	39,596	60,972	15,383
Property, Plant & Equipment	280.29	449.02	2,754	2,842	2,323	1,630
Long-Term Investments	813.28	1,219	736.79	5,602	-0	-0
Goodwill	-	6,552	10,873	1,473	1,473	-
Other Intangible Assets	58,292	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	10.05	30.14	132.47	1,251	1,444	1,117
Other Long-Term Assets	150.92	133.3	808.56	833.51	664.99	401.72
Total Assets	73,589	107,159	28,543	51,636	66,914	18,560

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	950.4	1,189	1,508	-	-	-
Accrued Expenses	607.08	1,188	1,032	632.32	489.91	331.73
Short-Term Debt	67,238	89,487	3,197	9,998	8,601	64
Current Portion of Long-Term Debt	800	800	800	-	-	-
Current Portion of Leases	79.17	181.01	1,102	698.28	500.08	323.1
Current Income Taxes Payable	-	1.65	-	-	-	-
Other Current Liabilities	1,297	1,156	2,043	12,728	17,600	1,080
Total Current Liabilities	70,972	94,003	9,683	24,056	27,190	1,799
Long-Term Debt	800	1,600	2,400	-	-	-
Long-Term Leases	30.49	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	334.39	333.88	565.54	753.39	526.89	365.81
Total Liabilities	72,702	96,548	14,284	26,118	28,924	3,027

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	7,146	20,969	15,135	9,785	9,785	4,271
Additional Paid-In Capital	181,199	167,506	80,735	70,069	71,316	39,709
Retained Earnings	-190,101	-180,535	-84,315	-57,412	-44,183	-29,277
Comprehensive Income & Other	2,688	2,672	2,695	3,076	1,306	829.73
Total Common Equity	887.28	10,612	14,250	25,518	38,224	15,533
Minority Interest	-	-	8.47	-	-234.39	-
Shareholders' Equity	887.28	10,612	14,259	25,518	37,990	15,533
Total Liabilities & Equity	73,589	107,159	28,543	51,636	66,914	18,560

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	68,948	92,114	8,537	12,004	10,231	1,250
Net Cash (Debt)	-60,199	-74,150	-5,276	16,590	47,611	12,844
Net Cash Growth	-	-	-	-65.16%	270.69%	-
Net Cash Per Share	-6029.28	-8123.11	-1009.05	3390.74	10099.43	3232.55
Filing Date Shares Outstanding	14.28	10.48	7.57	4.89	4.89	4.27
Total Common Shares Outstanding	14.28	10.48	7.57	4.89	4.89	4.27
Working Capital	-57,806	-69,541	-42.94	15,539	33,781	13,584
Book Value Per Share	62.14	1012.14	1883.03	5215.52	7812.48	3636.57
Tangible Book Value	-57,405	-69,379	460.3	24,006	36,714	15,504
Tangible Book Value Per Share	-4020.24	-6617.40	60.82	4906.56	7503.82	3629.95
Machinery	1,092	1,032	1,442	1,216	857.1	424.37
Construction In Progress	-	-	-	-	-	55