Pharos iBio 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	25,533	6,360	15,588	3,812	18,812
Short-Term Investments	480.86	9,308	9,899	11,267	5,000
Cash & Short-Term Investments	26,014	15,668	25,487	15,079	23,812
Cash Growth	66.03%	-38.53%	69.02%	-36.68%	60.81%
Accounts Receivable	-0	0	0	0	-0
Other Receivables	34.92	142.02	176.56	195.54	48.02
Receivables	34.91	142.02	176.56	195.54	48.01
Prepaid Expenses	88.61	72.26	160.37	167.89	234.56
Other Current Assets	261.07	371.92	346.75	272.46	327.31
Total Current Assets	26,398	16,254	26,170	15,715	24,422
Property, Plant & Equipment	2,382	2,817	3,218	2,541	2,700
Long-Term Investments	-0	0	0.13	0	-0
Other Intangible Assets	373.46	419.08	148.95	203.04	264.56
Other Long-Term Assets	714.69	137.78	153.17	262.56	99.59
Total Assets	29,868	19,628	29,690	18,721	27,486
Accrued Expenses	95.7	217.38	86.3	131.83	51.55
Current Portion of Long-Term Debt	-	-	-	106.25	125
Current Portion of Leases	149.4	82.11	177.25	154.31	151.2
Other Current Liabilities	1,147	673.72	949.8	558.56	42,373
Total Current Liabilities	1,392	973.21	1,213	950.95	42,700
Long-Term Debt	7,731	-	-	-	106.25
Long-Term Leases	64.27	41.61	127.7	105.12	209.17
Pension & Post-Retirement Benefits	-	-	-	-	259.36
Other Long-Term Liabilities	6,755	0	-0	0	6.87
Total Liabilities	15,943	1,015	1,341	1,056	43,282
Common Stock	6,473	6,473	6,459	5,738	2,902
Additional Paid-In Capital	102,155	102,155	101,927	83,576	1,307
Retained Earnings	-103,088	-92,332	-81,771	-72,913	-55,997
Comprehensive Income & Other	8,386	2,317	1,734	1,264	604.87
Total Common Equity	13,926	18,614	28,349	17,665	-51,184
Shareholders' Equity	13,926	18,614	28,349	17,665	-15,796
Total Liabilities & Equity	29,868	19,628	29,690	18,721	27,486
Total Debt	7,945	123.72	304.95	365.68	591.61
Net Cash (Debt)	18,069	15,544	25,182	14,714	23,221
Net Cash Growth	16.24%	-38.27%	71.15%	-36.64%	63.31%
Net Cash Per Share	1395.92	1202.59	2080.94	1656.70	4001.05
Filing Date Shares Outstanding	12.94	12.95	12.92	11.48	5.8
Total Common Shares Outstanding	12.94	12.95	12.92	11.48	5.8
Working Capital	25,006	15,281	24,957	14,764	-18,278
Book Value Per Share	1076.25	1437.79	2194.39	1539.19	-8819.20
Tangible Book Value	13,552	18,194	28,200	17,462	-51,448
Tangible Book Value Per Share	1047.39	1405.42	2182.86	1521.50	-8864.79
Land	367	367	367	367	367
Buildings	782.08	782.08	782.08	782.08	782.08
Machinery	2,310	2,373	1,980	1,445	1,239

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