Inswave 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
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
Cash & Equivalents	4,171	19,159	13,177	5,594	7,624
Short-Term Investments	8,605	2,000	15,000	228	23.23
Cash & Short-Term Investments	12,776	21,159	28,177	5,822	7,647
Cash Growth	-42.11%	-24.91%	383.96%	-23.87%	-
Accounts Receivable	4,970	3,669	3,305	2,548	7,132
Other Receivables	-	25.66	121.15	1.76	5.45
Receivables	5,999	4,729	4,426	3,457	7,137
Prepaid Expenses	275.52	18.07	32.16	10.08	134.82
Other Current Assets	20,646	16,585	14,173	12,822	4,071
Total Current Assets	39,696	42,491	46,807	22,111	18,990
Property, Plant & Equipment	2,219	7,760	7,050	6,841	6,796
Long-Term Investments	300	-	-	-	10
Goodwill	1,795	1,795	1,795	1,795	1,795
Other Intangible Assets	6,505	1,744	788.41	681.86	740.6
Long-Term Accounts Receivable	-0	-0	-	-	-
Long-Term Deferred Tax Assets	1,385	641.41	297.62	280.87	630.85
Other Long-Term Assets	1,129	983.53	278.87	535.67	567.5
Total Assets	53,030	55,416	57,018	32,245	29,530
Accrued Expenses	857.31	713.48	576.29	586.74	489.71
Short-Term Debt	2,000	10	4,500	6,422	7,522
Current Portion of Leases	1,534	1,456	225.29	162.38	81.48
Current Income Taxes Payable	-	-	328.99	551.51	69.35
Other Current Liabilities	4,465	3,939	4,052	3,548	7,655
Total Current Liabilities	8,856	6,118	9,682	11,271	15,817
Long-Term Debt	-	-	-	1,966	1,640
Long-Term Leases	3,165	3,966	334.06	126.58	118.21
Pension & Post-Retirement Benefits	1,157	1,061	990.4	893.77	795.31
Other Long-Term Liabilities	305.79	273.68	21.36	2,793	4,427
Total Liabilities	13,484	11,419	11,028	17,050	22,797
Common Stock	7,352	7,352	2,451	1,654	1,598
Additional Paid-In Capital	23,385	23,385	28,320	3,043	-
Retained Earnings	9,679	14,060	16,020	11,300	5,934
Comprehensive Income & Other	-869.87	-799.79	-800.98	-801.12	-798.98
Shareholders' Equity	39,546	43,997	45,990	15,195	6,733
Total Liabilities & Equity	53,030	55,416	57,018	32,245	29,530
Total Debt	6,700	5,432	5,059	8,676	9,362
Net Cash (Debt)	6,077	15,726	23,117	-2,854	-1,714
Net Cash Growth	-63.60%	-31.97%	-	-	-
Net Cash Per Share	360.32	1069.50	1814.27	-246.61	-148.15
Filing Date Shares Outstanding	14.71	14.7	14.7	11.91	9.59
Total Common Shares Outstanding	14.71	14.7	14.7	9.92	9.59
Working Capital	30,840	36,373	37,125	10,840	3,173
Book Value Per Share	2689.01	2992.08	3127.57	1531.51	702.23
Tangible Book Value	31,246	40,457	43,406	12,718	4,197
Tangible Book Value Per Share	2124.61	2751.35	2951.85	1281.83	437.72
Land	-	-	3,036	3,036	3,036
Buildings	-	-	3,289	3,289	3,289
Machinery	-	1,989	1,518	1,352	1,241
Construction In Progress	-	688.43	-	-	-

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