| Schedule of Intangible Assets |
Details of intangible assets as of December 31, 2025 and 2024 are as follows: | | | | | | | | | | | | | | | | | | | December 31, 2025 | | (In millions of Korean Won) | | Acquisition price | | Accumulated amortization(*) | | Book Amount | | Software | ₩ | 18,703 | | | ₩ | (15,393) | | | ₩ | 3,310 | | | Industrial property rights | 2,093 | | | (1,004) | | | 1,089 | | | License fee | 8,764 | | | (6,034) | | | 2,730 | | | Other intangible assets | 1,109 | | | (1,081) | | | 28 | | Total | ₩ | 30,669 | | | ₩ | (23,512) | | | ₩ | 7,157 | |
| | | | | | | | | | | | | | | | | | | December 31, 2024 | | (In millions of Korean Won) | | Acquisition price | | Accumulated amortization(*) | | Book Amount | | Software | ₩ | 16,536 | | | ₩ | (14,752) | | | ₩ | 1,784 | | | Industrial property rights | 1,746 | | | (863) | | | 883 | | | License fee | 9,087 | | | (4,725) | | | 4,362 | | | Other intangible assets | 1,109 | | | (1,081) | | | 28 | | | Total | ₩ | 28,478 | | | ₩ | (21,421) | | | ₩ | 7,057 | |
(*)Accumulated amortization includes the amount of accumulated impairment loss.
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| Schedule of Changes in Intangible Assets |
Changes in intangible assets for the years ended December 31, 2025, 2024 and 2023 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | Software | | Industrial property rights | | License fee | | Other intangible assets | | Total | | (In millions of Korean won) | | Beginning balance | ₩ | 1,784 | | | ₩ | 883 | | | ₩ | 4,362 | | | ₩ | 28 | | | ₩ | 7,057 | | | Acquisitions/Capital expenditure | 3,203 | | | 352 | | | 1,511 | | | — | | | 5,066 | | | Amortization | (1,677) | | | (142) | | | (2,789) | | | — | | | (4,608) | | | Disposals | — | | | (4) | | | — | | | — | | | (4) | | | Impairment(*) | — | | | — | | | (53) | | | — | | | (53) | | | Other | — | | | — | | | (314) | | | — | | | (314) | | | Foreign exchange differences | — | | | — | | | 13 | | | — | | | 13 | | | Ending balance | ₩ | 3,310 | | | ₩ | 1,089 | | | ₩ | 2,730 | | | ₩ | 28 | | | ₩ | 7,157 | |
(*)The Group recognized Won 53 million of impairment loss as carrying amount of the other intangible assets exceeded recoverable amount as of December 31, 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2024 | | Software | | Industrial property rights | | License fee | | Other intangible assets | | Total | | (In millions of Korean won) | | Beginning balance | ₩ | 2,780 | | | ₩ | 626 | | | ₩ | 2,678 | | | ₩ | 286 | | | ₩ | 6,370 | | | Acquisitions/Capital expenditure | 379 | | | 369 | | | 3,755 | | | 3 | | | 4,506 | | | Amortization | (1,382) | | | (112) | | | (1,717) | | | — | | | (3,211) | | | Disposals | — | | | — | | | — | | | (3) | | | (3) | | | Reclassification | — | | | — | | | 258 | | | (258) | | | — | | | Impairment(*) | — | | | — | | | (615) | | | — | | | (615) | | | Foreign exchange differences | 7 | | | — | | | 3 | | | — | | | 10 | | | Ending balance | ₩ | 1,784 | | | ₩ | 883 | | | ₩ | 4,362 | | | ₩ | 28 | | | ₩ | 7,057 | |
(*)The Group recognized Won 615 million of impairment loss as carrying amount of the license exceeded recoverable amount as of December 31, 2024. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2023 | | Software | | Industrial property rights | | License fee | | Other intangible assets | | Total | | (In millions of Korean won) | | Beginning balance | ₩ | 1,938 | | | ₩ | 545 | | | ₩ | 1,351 | | | ₩ | 35 | | | ₩ | 3,869 | | | Acquisitions/Capital expenditure | 2,136 | | | 170 | | | 3,886 | | | 263 | | | 6,455 | | | Amortization | (1,296) | | | (83) | | | (1,027) | | | — | | | (2,406) | | | Disposals | — | | | (6) | | | — | | | (12) | | | (18) | | | Impairment(*) | — | | | — | | | (1,531) | | | — | | | (1,531) | | | Foreign exchange differences | 2 | | | — | | | (1) | | | — | | | 1 | | | Ending balance | ₩ | 2,780 | | | ₩ | 626 | | | ₩ | 2,678 | | | ₩ | 286 | | | ₩ | 6,370 | |
(*)The Group recognized Won 1,531 million of impairment loss as carrying amount of the license exceeded recoverable amount as of December 31, 2023.
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| Schedule of Classification of Amortization in Statements of Comprehensive Income |
Classification of amortization in the statements of comprehensive income for the years ended December 31, 2025, 2024 and 2023 are as follows: | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | 2023 | | (In millions of Korean won) | | Cost of revenues | ₩ | 2,569 | | | ₩ | 936 | | | ₩ | 708 | | | Selling, general and administrative expenses | 1,598 | | | 1,747 | | | 1,340 | | | Research and development | 441 | | | 528 | | | 358 | | | Total | ₩ | 4,608 | | | ₩ | 3,211 | | | ₩ | 2,406 | |
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