HANPASS 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	68,338	40,512	16,836	9,881
Short-Term Investments	25,622	48,707	36,847	11,283
Cash & Short-Term Investments	93,961	89,220	53,682	21,164
Cash Growth	343.97%	66.20%	153.65%	-
Accounts Receivable	0	0	14.05	65.11
Other Receivables	4,361	3,527	5,517	12,751
Receivables	4,804	3,971	5,949	12,961
Prepaid Expenses	2,071	1,196	1,127	571.26
Other Current Assets	1,377	823.83	878.95	626.99
Total Current Assets	102,212	95,211	61,638	35,323
Property, Plant & Equipment	8,638	8,588	6,831	3,999
Long-Term Investments	14,773	13,163	12,251	5,025
Goodwill	263.37	263.37	263.37	-
Other Intangible Assets	2,242	2,294	2,683	1,804
Long-Term Deferred Tax Assets	184.71	367.52	731.02	1,177
Other Long-Term Assets	1,583	1,627	997.14	655.23
Total Assets	130,274	121,893	85,678	48,146
Accrued Expenses	350.11	501.74	289.48	1,084
Short-Term Debt	11,220	23,187	16,139	14,921
Current Portion of Long-Term Debt	7,000	4,500	500	-
Current Portion of Leases	1,225	1,214	1,066	646.34
Current Income Taxes Payable	-	1.65	1.69	-
Other Current Liabilities	36,358	40,178	62,860	49,683
Total Current Liabilities	56,153	69,582	80,856	66,334
Long-Term Debt	7,264	6,097	875	-
Long-Term Leases	3,742	3,808	3,766	2,012
Pension & Post-Retirement Benefits	-	-	1,287	909.55
Other Long-Term Liabilities	317.17	315.18	280.86	176.37
Total Liabilities	67,475	79,803	87,064	69,432
Common Stock	5,286	4,720	2,561	2,510
Additional Paid-In Capital	52,163	62,687	1,290	-
Retained Earnings	5,329	-25,323	-31,929	-36,198
Comprehensive Income & Other	21.14	6.88	12.25	-
Total Common Equity	62,799	42,090	-28,065	-33,688
Shareholders' Equity	62,799	42,090	-1,386	-21,286
Total Liabilities & Equity	130,274	121,893	85,678	48,146
Total Debt	30,450	38,806	22,345	17,580
Net Cash (Debt)	63,511	50,413	31,337	3,584
Net Cash Growth	1672.29%	60.87%	774.47%	-
Net Cash Per Share	7495.13	6815.66	3651.52	713.86
Filing Date Shares Outstanding	9.59	9.45	5.12	5.02
Total Common Shares Outstanding	9.59	9.45	5.12	5.02
Working Capital	46,059	25,628	-19,218	-31,011
Book Value Per Share	6548.25	4451.85	-5479.39	-6710.76
Tangible Book Value	60,293	39,532	-31,011	-35,492
Tangible Book Value Per Share	6286.98	4181.36	-6054.59	-7070.10
Buildings	8.97	8.69	8.87	-
Machinery	2,260	2,140	1,753	1,316