Coreline Soft Cash Flow Statement

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
Net Income	-14,496	-14,138	-14,083	-10,212	-7,450
Depreciation & Amortization	822.1	890.68	772.8	759.26	503.05
Loss (Gain) From Sale of Assets	-	3.55	16.22	-	0.28
Loss (Gain) From Sale of Investments	-177.44	-179.75	-19.97	-	-
Loss (Gain) on Equity Investments	-7.01	-14.68	16.73	88.42	-15.38
Stock-Based Compensation	973.01	837.58	257.54	453.18	374.38
Provision & Write-off of Bad Debts	145.32	70.33	-33.68	11.48	-41.73
Other Operating Activities	2,496	2,173	2,602	56.69	265.27
Change in Accounts Receivable	-514.13	-227.07	88.99	-283.19	51.34
Change in Inventory	9.82	-	-	-	-
Change in Accounts Payable	-	-	-	-	-26.14
Change in Unearned Revenue	-94.18	-22.59	31.07	326.41	-
Change in Other Net Operating Assets	-772.3	-210.58	68.64	17.97	-840
Operating Cash Flow	-11,615	-10,817	-10,283	-8,782	-7,179
Capital Expenditures	-220.02	-426.29	-139.23	-180.94	-325.92
Sale of Property, Plant & Equipment	-	2.59	44.38	2.88	0.15
Sale (Purchase) of Intangibles	-3,176	-65.24	-33.85	-46.13	-31.68
Investment in Securities	-12,671	-6,226	-3,548	-	-
Other Investing Activities	14.81	-210.99	7.73	-17.43	-54.7
Investing Cash Flow	-16,052	-6,926	-3,669	-241.61	-386.65
Long-Term Debt Issued	-	17,970	-	-	-
Long-Term Debt Repaid	-316.81	-882.57	-556.81	-644.7	-452.33
Total Debt Repaid	-316.81	-882.57	-556.81	-644.7	-452.33
Net Debt Issued (Repaid)	-316.81	17,087	-556.81	-644.7	-452.33
Issuance of Common Stock	25,094	772.76	12,130	0.15	12,000
Repurchase of Common Stock	-	-	-47.25	-	-
Other Financing Activities	-517.82	-7.68	1,552	-16.88	-5.09
Financing Cash Flow	27,659	17,853	13,077	-661.42	11,543
Foreign Exchange Rate Adjustments	68.57	84.25	8.91	144.42	14.59
Net Cash Flow	61.19	193.73	-865.03	-9,541	3,992
Free Cash Flow	-11,835	-11,244	-10,422	-8,963	-7,505
Free Cash Flow Margin	-276.27%	-286.16%	-254.15%	-219.09%	-347.34%
Free Cash Flow Per Share	-732.30	-880.37	-920.31	-917.15	-4396.90
Cash Interest Paid	122.36	100.9	62.85	11.85	10.99
Cash Income Tax Paid	-2.35	81.96	13.84	-1.21	9.32
Levered Free Cash Flow	-6,487	-8,551	-6,458	-6,128	-4,750
Unlevered Free Cash Flow	-5,189	-7,669	-6,356	-6,081	-4,690
Change in Working Capital	-1,371	-460.25	188.7	61.19	-814.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.