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Consolidated Balance Sheets - KRW (₩)
₩ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents ₩ 109,316 ₩ 157,971
Short-term financial instruments 338,000 65,000
Accounts receivable, net of of allowance for doubtful accounts of 11,226,700 and 5,830,000, as of December 31, 2017 and 2016, respectively 480,673 307,116
Inventories 6,200 231,290
Loans to related parties 164,000 164,000
Other current assets 65,087 68,972
Total Current Assets 1,163,276 994,349
Property and equipment, net 59,808 24,987
Goodwill 1,430,625 1,430,625
Intangible assets, net 403,053 507,239
Deposits 120,499 87,798
Total Assets 3,177,261 3,044,998
CURRENT LIABILITIES:    
Accounts payable 1,129,854 956,395
Nontrade payables 1,131,517 1,167,347
Other current liabilities 193,048 287,615
Short-term borrowings 2,789,886 2,632,725
Loans from related parties 18,895
Current portion of long-term debt 245,240 120,000
Total Current Liabilities 5,508,440 5,164,082
Long-term debt 684,760 730,000
Loans from related parties 221,505
Accrued benefit pension liability 930,098 880,656
Total Liabilities 7,123,298 6,996,243
Commitments and Contingencies (Note 14)
Temporary Equity - Redeemable convertible preferred stock 636,007
STOCKHOLDERS' DEFICIT :    
Common stock, $0.001 par value, 300,000,000 shares authorized, 245,286 shares issued and outstanding as of December 31, 2016; $0.001 par value, 100,000,000 shares authorized, 22,061,317 shares issued and outstanding as of December 31, 2017 25,265 21
Additional paid-in capital 6,577,829 3,327,413
Other comprehensive loss (56,593) (73,138)
Accumulated deficit (10,492,538) (7,841,548)
Total Stockholders' Deficit (3,946,037) (4,587,252)
Total Liabilities and Stockholders' Deficit ₩ 3,177,261 ₩ 3,044,998