16. Subsequent Events

KEB Hana Bank

In July 2026, the Company executed an amendment with KEB Hana Bank to extend the maturity date for the principal amount of KRW 8.0 billion ($5.2 million) with an annual interest rate of 5.3% to July 2027.

Anapass, Inc., Related Party

In July 2026, the Company partially repaid KRW 2.0 billion ($1.3 million) of the promissory note issued to Anapass, Inc. and entered into an amendment with Anapass, Inc. to extend the maturity date of the promissory note with the remaining outstanding principal of KRW 4.0 billion ($2.6 million) from July 2026 to July 2027 and change the annual interest rate from 5.5% to 7.0%.

In July 2026, the Company also executed an amendment with Anapass, Inc. to extend the maturity date for a term loan of the principal amount of KRW 3.0 billion ($2.1 million) with an annual interest rate from 6.5% to 7.0% from July 2026 to July 2027.

In August 2026, the Company executed an amendment with Anapass, Inc. to extend the maturity date for a term loan of the principal amount of KRW 2.0 billion ($1.4 million) with an annual interest rate from 6.5% to 7.0% from August 2026 to August 2027.

i Best Investment Co., Ltd

In July 2026, the Company partially repaid KRW 1.0 billion ($0.6 million) of the principal amount of the term loan agreement with i Best Investment Co., Ltd. executed in September 2022.