Q1 2026 Operating Loss of KRW 1.3B, Improved Financial Structure

Revenue KRW 3.92B, Operating Loss KRW 1.30B, Net Loss KRW 1.33B (Q1 2026)
Debt ratio improved to 18.28% from 30.15% at FY2025 end
Largest shareholder reviewing proposal for stake sale (material event)
R&D spending on new businesses (anti-drone etc.) rose to 12.94% of sales (vs 4.46% in FY2025)
Contingent liability: remaining creditor seizure amount KRW 15.2M
Credit rating BBB+ (Seoul Rating, as of FY2025 end)

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