Pharos iBio Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5,382	6,360	15,588	3,812	18,812	9,807
Short-Term Investments	3,506	9,308	9,899	11,267	5,000	5,000
Cash & Short-Term Investments	8,888	15,668	25,487	15,079	23,812	14,807
Cash Growth	-48.38%	-38.53%	69.02%	-36.68%	60.81%	228.90%
Accounts Receivable	0	0	0	0	-0	0
Other Receivables	92.94	142.02	176.56	195.54	48.02	55.64
Receivables	92.94	142.02	176.56	195.54	48.01	55.64
Prepaid Expenses	97.87	72.26	160.37	167.89	234.56	111.19
Other Current Assets	187.34	371.92	346.75	272.46	327.31	257.47
Total Current Assets	9,266	16,254	26,170	15,715	24,422	15,232
Property, Plant & Equipment	2,576	2,817	3,218	2,541	2,700	1,398
Long-Term Investments	-0	0	0.13	0	-0	0
Other Intangible Assets	391.74	419.08	148.95	203.04	264.56	64.9
Other Long-Term Assets	148.28	137.78	153.17	262.56	99.59	6.92
Total Assets	12,382	19,628	29,690	18,721	27,486	16,702
Accrued Expenses	135.02	217.38	86.3	131.83	51.55	23.31
Current Portion of Long-Term Debt	-	-	-	106.25	125	325
Current Portion of Leases	147.73	82.11	177.25	154.31	151.2	8.02
Other Current Liabilities	536.13	673.72	949.8	558.56	42,373	16,885
Total Current Liabilities	818.88	973.21	1,213	950.95	42,700	17,241
Long-Term Debt	-	-	-	-	106.25	231.25
Long-Term Leases	102.26	41.61	127.7	105.12	209.17	23.87
Pension & Post-Retirement Benefits	-	-	-	-	259.36	47.3
Other Long-Term Liabilities	64.26	0	-0	0	6.87	22.93
Total Liabilities	985.4	1,015	1,341	1,056	43,282	17,567
Common Stock	6,473	6,473	6,459	5,738	2,902	967.28
Additional Paid-In Capital	102,155	102,155	101,927	83,576	1,307	3,260
Retained Earnings	-99,981	-92,332	-81,771	-72,913	-55,997	-24,454
Comprehensive Income & Other	2,749	2,317	1,734	1,264	604.87	180.43
Total Common Equity	11,397	18,614	28,349	17,665	-51,184	-20,046
Shareholders' Equity	11,397	18,614	28,349	17,665	-15,796	-865.04
Total Liabilities & Equity	12,382	19,628	29,690	18,721	27,486	16,702
Total Debt	249.99	123.72	304.95	365.68	591.61	588.14
Net Cash (Debt)	8,638	15,544	25,182	14,714	23,221	14,219
Net Cash Growth	-49.36%	-38.27%	71.15%	-36.64%	63.31%	272.15%
Net Cash Per Share	667.50	1202.85	2080.94	1656.70	4001.05	2514.86
Filing Date Shares Outstanding	12.95	12.95	12.92	11.48	5.8	0.19
Total Common Shares Outstanding	12.95	12.95	12.92	11.48	5.8	0.19
Working Capital	8,447	15,281	24,957	14,764	-18,278	-2,010
Book Value Per Share	880.34	1437.79	2194.39	1539.19	-8819.20	-103622.56
Tangible Book Value	11,005	18,194	28,200	17,462	-51,448	-20,111
Tangible Book Value Per Share	850.08	1405.42	2182.86	1521.50	-8864.79	-103958.01
Land	367	367	367	367	367	367
Buildings	782.08	782.08	782.08	782.08	782.08	782.08
Machinery	2,388	2,373	1,980	1,445	1,239	389.73

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.