v3.26.3
UNAUDITED INTERIM CONDENSED STATEMENTS OF FINANCIAL POSITION
₩ in Thousands
Jun. 30, 2026
USD ($)
Jun. 30, 2026
KRW (₩)
Dec. 31, 2025
USD ($)
Dec. 31, 2025
KRW (₩)
Dec. 31, 2024
USD ($)
Dec. 31, 2024
KRW (₩)
Assets            
Cash and cash equivalents | $      
Other receivables | $ 54,058   52,918   50,618  
Total current assets | $ 54,058   52,918   50,618  
Total assets | $ 54,058   52,918   50,618  
Liabilities            
Promissory note payables – related parties | $ 32,435   31,751   30,371  
Other payables | $ 7,725   7,725    
Total current liabilities | $ 40,160   39,476   30,371  
Total liabilities | $ 40,160   39,476   30,371  
Equity            
Common stock | $ 50,000   50,000   50,000  
Accumulated deficit | $ (36,102)   (36,558)   (29,753)  
Total equity | $ 13,898   13,442   20,247  
Total liabilities and equity | $ $ 54,058   $ 52,918   $ 50,618  
CubeBio Co., Ltd. [Member]            
Assets            
Cash and cash equivalents   ₩ 312,427   ₩ 335,814   ₩ 3,662,174
Current portion of long-term bank deposit     30,000  
Short-term loan receivable - related parties, net   561,944   442,894   214,245
Other receivables   27,250   33,411   202,477
Other current assets   127,528   137,151   57,700
Total current assets   1,029,149   979,270   4,136,596
Long-term bank deposit   30,000     30,000
Long-term loan receivable, net   1,958,880   1,671,780   1,917,960
Property and equipment   303,611   344,055   420,836
Right-of-use assets   434,170   512,493   649,394
Intangible assets   4,075   5,242   6,009
Other non-current financial assets   519,945   525,042   473,682
Long-term other receivables, net   398     2,065
Deferred transaction costs – Sponsor share purchase   2,545,885   2,393,915   1,025,730
Other non-current assets   17,325   38,114   79,693
Total non-current assets   5,814,289   5,490,641   4,605,369
Total assets   6,843,438   6,469,911   8,741,965
Liabilities            
Accounts payable - other - related parties, net   3,269,591   324,855  
Accounts payable - other - non-related parties, net   2,866,494   3,228,194   1,254,802
Short-term borrowings - related parties, net   1,000,000     39,769
Bond with warrants - non-related parties, net   3,209,760   3,265,312   3,479,370
Derivative liabilities   979,969   1,267,801   1,473,823
Current lease liabilities   108,706   122,626   117,351
Total current liabilities   11,434,520   8,208,788   6,365,115
Defined benefit liabilities   903,565   980,841   950,220
Other non-current provisions   48,817   48,658   48,341
Non-current lease liabilities   371,079   430,005   551,681
Total non-current liabilities   1,323,461   1,459,504   1,550,242
Total liabilities   12,757,981   9,668,292   7,915,357
Equity            
Share capital   26,407,738   26,407,738   26,147,238
Share premium   46,679,809   46,566,573   44,749,618
Share subscription receivable   (50,000)   (50,000)  
Other reserves   (675,527)   (690,292)   (727,203)
Other comprehensive income   279,386   125,654   73,533
Accumulated deficit   (78,555,949)   (75,558,054)   (69,416,578)
Total equity   (5,914,543)   (3,198,381)   826,608
Total liabilities and equity   ₩ 6,843,438   ₩ 6,469,911   ₩ 8,741,965