10. Inventories
Details of inventories as of December 31, 2025 and 2024 are as follows:
| Schedule of inventories |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
December 31,
2025 |
|
|
December 31,
2024 |
|
| |
|
|
|
(In thousands of Korean won) |
|
| Merchandise |
|
₩ |
|
|
- |
|
|
|
256,286 |
|
| Allowance
for inventory valuation (*) |
|
|
|
|
- |
|
|
|
(256,286 |
) |
| Total |
|
₩ |
|
|
- |
|
|
|
- |
|
| (*) |
For the year ended December 31, 2021, the Company recognized a 100% valuation allowance against custom-made inventory intended for the Russian market due to delivery restrictions arising from the Russia-Ukraine conflict. As of December 31, 2025, this inventory, with a net carrying amount of nil, has been written off. |
|