v3.26.3
Commitments and contingencies
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
CubeBio Co., Ltd. [Member]    
Entity Information [Line Items]    
Commitments and contingencies

27. Commitments and contingencies

 

A. Litigation

 

The Company’s pending lawsuit as a defendant as of June 30, 2026 is as follows:

 

                 
Court   Plaintiff   Description   Claim amount   Status  
    (In thousands of Korean won)  
Seoul Central District Court   Individuals   Damages   4,600,000   The case has been pending since 2025.  

 

The case, filed on July 11, 2025, relates to claims for damages and contractual penalties asserted against the Company and three current or former key management personnel, in connection with the plaintiffs’ acquisition of the Company’s shares and bonds with warrants. The Company has assessed that an unfavorable outcome is not probable and, accordingly, no provision has been recognized; furthermore, due to inherent uncertainties in the litigation, the Company is unable to reliably estimate the amount of any potential loss at this time. Based on the information currently available, including advice from legal counsel, the Company has determined that an outflow of resources embodying economic benefits is not probable.

 

B. Significant commitments

 

Significant commitments the Company has entered into with financial institutions and others as of June 30, 2026 are as follows:

 

                       
Financial institutions   Categories       Credit
limit		     Borrowings
amount		  
            (In thousands of Korean won)  
KYOBO Securities Co., Ltd   Operation fund   ₩     40,000       -  
Shinhan Card Co., Ltd.   Revolving credit (*)         30,000       6,241  
Total   ₩     70,000       6,241  

 

 
(*) The Company provides long-term bank deposit as collateral for the borrowing.

 

Significant commitments the Company has entered into with financial institutions and others as of December 31, 2025 are as follows:

 

Financial institutions   Categories       Credit
limit		     Borrowings
amount		  
            (In thousands of Korean won)  
KYOBO Securities Co., Ltd   Operation fund   ₩     40,000       -  
Shinhan Card Co., Ltd.   Revolving credit (*)         30,000       21,069  
Total   ₩     70,000       21,069  

 

 
(*) The Company provides current portion of long-term bank deposit as collateral for the borrowing.

 

C. List of assets provided as collateral

 

The list of assets that the company provided as collateral as of June 30, 2026 and December 31, 2025 is as follows:

 

             
Account   Counterparty
receiving the collateral		   Usage
restrictions		   June 30,
2026		     December 31,
2025		  
            (In thousands of Korean won)  
Current portion of long-term bank deposit   Shinhan Card Co.,Ltd   Provided as collateral for revolving credit     30,000       30,000  

 

31. Commitments and contingencies

 

A. Litigation

 

The Company’s pending lawsuit as a defendant as of December 31, 2025 is as follows:

 

               
Court   Plaintiff   Description   Claim amount   Status
    (In thousands of Korean won)
Seoul Central District Court   Individuals   Damages   4,600,000   The case has been pending since 2025.

 

The case, filed on July 11, 2025, relates to claims for damages and contractual penalties asserted against the Company and three current or former key management personnel, in connection with the plaintiffs’ acquisition of the Company’s shares and bonds with warrants. The Company has assessed that an unfavorable outcome is not probable and, accordingly, no provision has been recognized; furthermore, due to inherent uncertainties in the litigation, the Company is unable to reliably estimate the amount of any potential loss at this time. Based on the information currently available, including advice from legal counsel, the Company has determined that an outflow of resources embodying economic benefits is not probable.

 

B. Significant Commitments

 

Significant commitments the Company has entered into with financial institutions and others as of December 31, 2025 and 2024 are as follows:

 

                       
            December 31,
2025		  
Financial institutions   Categories       Credit limit     Borrowings
amount		  
            (In thousands of Korean won)  
KYOBO Securities Co., Ltd.   Operation fund   ₩     40,000       -  
Shinhan Card Co., Ltd.   Revolving credit (*)         30,000       21,069  
Total   ₩     70,000       21,069  

 

 
(*) The Company provides current portion of long-term bank deposit as collateral for the borrowing.

 

            December 31,
2024		  
Financial institutions   Categories       Credit limit     Borrowings
amount		  
            (In thousands of Korean won)  
KYOBO Securities Co., Ltd.   Operation fund   ₩     40,000       -  
Shinhan Card Co., Ltd.   Revolving credit (*)         30,000       22,614  
Total   ₩     70,000       22,614  

 

 
(*) The Company provides Long-term bank deposit as collateral for the borrowing.

 

C. List of assets provided as collateral

 

The list of assets that the Company provided as collateral as of December 31, 2025 and 2024 are as follows:

 

                   
Account   Counterparty receiving the collateral   usage restrictions   2025     2024  
            (In thousands of Korean won)  
Current portion of long-term bank deposit   Shinhan Card Co., Ltd   Provided as collateral for revolving credit     30,000       30,000