DZS Inc. 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	2,937	4,960	24,583	43,195	55,587
Short-Term Investments	1,000	1,119	-	-	-
Cash & Short-Term Investments	3,937	6,079	24,583	43,195	55,587
Cash Growth	-35.23%	-75.27%	-43.09%	-22.29%	12.96%
Accounts Receivable	18,527	21,688	92,462	169,836	105,177
Other Receivables	5,217	7,866	17,139	20,303	12,651
Receivables	23,744	29,554	109,601	190,139	117,828
Inventory	23,038	32,286	106,629	118,578	67,769
Prepaid Expenses	2,745	862.2	11,491	9,319	6,778
Restricted Cash	-	-	2,339	4,991	8,109
Other Current Assets	280.28	10.73	-	-	-
Total Current Assets	53,745	68,792	254,642	366,222	256,071
Property, Plant & Equipment	4,217	3,675	16,674	27,773	26,780
Goodwill	-	-	-	15,838	7,320
Other Intangible Assets	551.44	11.32	33,047	39,919	6,093
Long-Term Accounts Receivable	3,760	4,626	-	-	823.09
Long-Term Deferred Charges	-	-	13,746	13,205	5,003
Other Long-Term Assets	4,362	3,444	5,279	6,333	4,835
Total Assets	66,635	80,548	323,387	469,291	306,924
Accounts Payable	19,627	30,553	108,816	149,237	76,542
Accrued Expenses	1,560	4,664	19,298	17,527	12,568
Short-Term Debt	14,640	34,981	25,459	12,206	-
Current Portion of Long-Term Debt	-	-	-	30,274	-
Current Portion of Leases	1,033	1,348	5,952	6,079	4,880
Current Income Taxes Payable	-	-	3,320	5,303	2,747
Current Unearned Revenue	-	-	20,735	23,524	7,255
Other Current Liabilities	4,109	7,733	31,436	9,316	3,782
Total Current Liabilities	40,970	79,278	215,017	253,468	107,774
Long-Term Debt	-	-	49,158	-	-
Long-Term Leases	1,816	955.61	7,276	14,358	14,417
Long-Term Unearned Revenue	-	-	4,814	9,794	3,626
Pension & Post-Retirement Benefits	-	-	15,304	13,860	19,686
Other Long-Term Liabilities	218.75	118.57	2,565	3,529	4,299
Total Liabilities	43,005	80,353	294,134	295,009	149,801
Common Stock	24,180	5,000	40.2	37.73	32.16
Additional Paid-In Capital	47,881	47,986	382,367	341,924	266,029
Retained Earnings	-48,430	-52,790	-342,199	-161,817	-103,630
Comprehensive Income & Other	-	-	-10,954	-5,863	-5,309
Total Common Equity	23,631	195.79	29,254	174,282	157,122
Shareholders' Equity	23,631	195.79	29,254	174,282	157,122
Total Liabilities & Equity	66,635	80,548	323,387	469,291	306,924
Total Debt	17,489	37,285	87,845	62,918	19,297
Net Cash (Debt)	-13,552	-31,206	-63,262	-19,723	36,290
Net Cash Per Share	-	-	-2005.40	-702.26	1359.58
Filing Date Shares Outstanding	-	-	38.02	31.05	27.55
Total Common Shares Outstanding	-	-	32.12	30.97	27.51
Working Capital	12,775	-10,486	39,625	112,755	148,297
Book Value Per Share	-	-	910.70	5627.81	5712.50
Tangible Book Value	23,079	184.47	-3,793	118,525	143,710
Tangible Book Value Per Share	-	-	-118.08	3827.33	5224.86
Machinery	15,276	15,390	26,807	29,774	22,949
Construction In Progress	-	-	692.47	1,590	3,498
Leasehold Improvements	-	-	3,146	7,147	6,217
Order Backlog	-	-	260,389	366,342	268,011

Source: S&P Global Market Intelligence. Standard template. Financial Sources.