Pharos iBio 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	7,274	25,533	6,360	15,588	3,812	18,812
Short-Term Investments	16,534	480.86	9,308	9,899	11,267	5,000
Cash & Short-Term Investments	23,809	26,014	15,668	25,487	15,079	23,812
Cash Growth	85.34%	66.03%	-38.53%	69.02%	-36.68%	60.81%
Accounts Receivable	-0	-0	0	0	0	-0
Other Receivables	87.02	34.92	142.02	176.56	195.54	48.02
Receivables	87.02	34.91	142.02	176.56	195.54	48.01
Prepaid Expenses	136.42	88.61	72.26	160.37	167.89	234.56
Other Current Assets	414.61	261.07	371.92	346.75	272.46	327.31
Total Current Assets	24,447	26,398	16,254	26,170	15,715	24,422
Property, Plant & Equipment	2,394	2,382	2,817	3,218	2,541	2,700
Long-Term Investments	-0	-0	0	0.13	0	-0
Other Intangible Assets	371.74	373.46	419.08	148.95	203.04	264.56
Other Long-Term Assets	752.32	714.69	137.78	153.17	262.56	99.59
Total Assets	27,964	29,868	19,628	29,690	18,721	27,486
Accrued Expenses	156.5	95.7	217.38	86.3	131.83	51.55
Current Portion of Long-Term Debt	-	-	-	-	106.25	125
Current Portion of Leases	194.41	149.4	82.11	177.25	154.31	151.2
Other Current Liabilities	681.15	1,147	673.72	949.8	558.56	42,373
Total Current Liabilities	1,032	1,392	973.21	1,213	950.95	42,700
Long-Term Debt	8,149	7,731	-	-	-	106.25
Long-Term Leases	128.45	64.27	41.61	127.7	105.12	209.17
Pension & Post-Retirement Benefits	-	-	-	-	-	259.36
Other Long-Term Liabilities	6,786	6,755	0	-0	0	6.87
Total Liabilities	16,095	15,943	1,015	1,341	1,056	43,282
Common Stock	6,473	6,473	6,473	6,459	5,738	2,902
Additional Paid-In Capital	102,155	102,155	102,155	101,927	83,576	1,307
Retained Earnings	-105,207	-103,088	-92,332	-81,771	-72,913	-55,997
Comprehensive Income & Other	8,448	8,386	2,317	1,734	1,264	604.87
Total Common Equity	11,869	13,926	18,614	28,349	17,665	-51,184
Shareholders' Equity	11,869	13,926	18,614	28,349	17,665	-15,796
Total Liabilities & Equity	27,964	29,868	19,628	29,690	18,721	27,486
Total Debt	8,472	7,945	123.72	304.95	365.68	591.61
Net Cash (Debt)	15,337	18,069	15,544	25,182	14,714	23,221
Net Cash Growth	20.18%	16.24%	-38.27%	71.15%	-36.64%	63.31%
Net Cash Per Share	1185.12	1395.73	1202.59	2080.94	1656.70	4001.05
Filing Date Shares Outstanding	12.94	12.95	12.95	12.92	11.48	5.8
Total Common Shares Outstanding	12.94	12.95	12.95	12.92	11.48	5.8
Working Capital	23,415	25,006	15,281	24,957	14,764	-18,278
Book Value Per Share	917.30	1075.68	1437.79	2194.39	1539.19	-8819.20
Tangible Book Value	11,497	13,552	18,194	28,200	17,462	-51,448
Tangible Book Value Per Share	888.57	1046.83	1405.42	2182.86	1521.50	-8864.79
Land	367	367	367	367	367	367
Buildings	782.08	782.08	782.08	782.08	782.08	782.08
Machinery	2,331	2,310	2,373	1,980	1,445	1,239