| Schedule of Contingent Liabilities and Agreements |
Contingent liabilities and agreements as of June 30, 2024, and 2023, are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United asset management Ltd |
|
Facility Loan |
|
|
1,228,701 |
|
|
|
1,228,701 |
|
|
|
— |
|
KEB Hana Bank |
|
Working capital Loan |
|
|
1,013,472 |
|
|
|
1,013,472 |
|
|
|
— |
|
|
|
Facility Loan |
|
|
3,981,497 |
|
|
|
3,981,497 |
|
|
|
— |
|
SBI Savings Bank |
|
Operating loan |
|
|
629,800 |
|
|
|
629,800 |
|
|
|
— |
|
Barclays |
|
Bounce Back Loan |
|
|
61,391 |
|
|
|
61,391 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
6,914,861 |
|
|
|
6,914,861 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United asset management Ltd |
|
Facility Loan |
|
|
1,620,136 |
|
|
|
1,620,136 |
|
|
|
— |
|
KEB Hana Bank |
|
Working capital Loan |
|
|
1,158,722 |
|
|
|
1,158,722 |
|
|
|
— |
|
|
|
Facility Loan |
|
|
4,248,646 |
|
|
|
4,248,646 |
|
|
|
— |
|
SBI Savings Bank |
|
Operating loan |
|
|
672,059 |
|
|
|
672,059 |
|
|
|
— |
|
Barclays |
|
Bounce Back Loan |
|
|
61,251 |
|
|
|
61,251 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
7,760,814 |
|
|
|
7,760,814 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contingent liabilities and agreements as of December 31, 2023, and 2022, are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| United asset management Ltd |
|
Facility Loan |
|
|
1,620,136 |
|
|
|
1,620,136 |
|
|
|
— |
|
| KEB Hana Bank |
|
Working capital Loan |
|
|
1,158,722 |
|
|
|
1,158,722 |
|
|
|
— |
|
|
|
Facility Loan |
|
|
4,248,646 |
|
|
|
4,248,646 |
|
|
|
— |
|
| SBI Savings Bank |
|
Operating loan |
|
|
672,059 |
|
|
|
672,059 |
|
|
|
— |
|
| Barclays |
|
Bounce Back Loan |
|
|
61,251 |
|
|
|
61,251 |
|
|
|
— |
|
| Total |
|
|
|
|
7,760,814 |
|
|
|
7,760,814 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| United asset management Ltd |
|
Facility Loan |
|
|
2,001,142 |
|
|
|
2,001,142 |
|
|
|
— |
|
| Kookmin Bank |
|
Small Business Loan |
|
|
285,275 |
|
|
|
285,275 |
|
|
|
— |
|
|
|
Small Business Loan |
|
|
633,945 |
|
|
|
633,945 |
|
|
|
— |
|
| SBI Savings Bank |
|
Operating loan |
|
|
729,036 |
|
|
|
729,036 |
|
|
|
— |
|
| MG Saemaeul Credit Union (Sannam) |
|
Corporate General Fund Loan |
|
|
3,565,938 |
|
|
|
3,565,938 |
|
|
|
— |
|
| MG Saemaeul Credit Union (Dongmun) |
|
Corporate General Fund Loan |
|
|
792,431 |
|
|
|
792,431 |
|
|
|
— |
|
| Barclays |
|
Bounce Back Loan |
|
|
45,397 |
|
|
|
45,397 |
|
|
|
— |
|
| Total |
|
|
|
|
8,053,164 |
|
|
|
8,053,164 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|