Property and Equipment

3 Months Ended

12 Months Ended

Mar. 31, 2019

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Property and Equipment

NOTE 5 — PROPERTY AND EQUIPMENT

The components of property and equipment are as follows (in thousands of Korean Won):

	March 31, 2019			December 31, 2018
Office equipment	￦	219,980		￦	219,980
Fixtures and furniture		48,520			48,520
Other		285,113			285,112
Total, at cost		553,613			553,612
Less: Accumulated depreciation		(513,239	)		(509,388	)
		40,374			44,224
Right-of-use lease assets - operating		450,933			-
Less: Accumulated depreciation		(184,152	)		-
Right-of-use lease assets - operating, net		266,781			-
Total, net	￦	307,155		￦	44,224

Depreciation expense amounted to ￦3,851 thousand and ￦4,032 thousand for the periods ended March 31, 2019 and 2018, respectively.

Amortization expense on right-of-use lease assets amounted to ￦31,512 thousand and nil for the periods ended March 31, 2019 and 2018, respectively.

NOTE 5 — PROPERTY AND EQUIPMENT

The components of property and equipment are as follows (in thousands of Korean Won):

	December 31, 2018			December 31, 2017
Office equipment	￦	219,980		￦	219,980
Fixtures and furniture		48,520			48,520
Other		285,112			285,113
Total, at cost		553,612			553,613
Less: Accumulated depreciation		(509,388	)		(493,805	)
Total, net	￦	44,224		￦	59,808

Depreciation expense amounted to ￦15,584 thousand and ￦16,602 thousand for the years ended December 31, 2018 and 2017, respectively.