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Condensed Consolidated Balance Sheets - KRW (₩)
₩ in Thousands
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents ₩ 213,009 ₩ 126,406
Short-term financial instruments 9,000 18,000
Accounts receivable, net of allowance for doubtful accounts of ₩11,227 749,775 546,671
Inventories 449,067 7,217
Other current assets 31,695 48,608
Total Current Assets 1,452,546 746,902
Property and equipment, net 261,941 44,224
Goodwill 1,430,625 1,430,625
Intangible assets, net 226,577 302,155
Deposits 104,051 103,199
Total Assets 3,475,740 2,627,105
CURRENT LIABILITIES:    
Accounts payable 1,117,175 1,393,676
Nontrade payables 1,664,887 1,307,079
Other current liabilities 241,190 238,073
Short-term borrowings 2,205,000 2,385,545
Loans from related parties 24,000 45,980
Current portion of long-term debt 334,637 222,260
Total Current Liabilities 5,586,889 5,592,613
Long-term debt 429,571 452,500
Lease liabilities 227,046
Accrued benefit pension liability 1,344,851 1,180,730
Total Liabilities 7,588,357 7,225,843
Commitments and Contingencies (Note 11)
STOCKHOLDERS' DEFICIT :    
Common stock, $0.001 par value, 300,000,000 shares authorized, 23,159,105 and 22,927,992 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 26,460 26,198
Additional paid-in capital 7,636,704 7,221,876
Accumulated other comprehensive loss (268,314) (215,614)
Accumulated deficit (11,507,467) (11,631,198)
Total Stockholders' Deficit (4,112,617) (4,598,738)
Total Liabilities and Stockholders' Deficit ₩ 3,475,740 ₩ 2,627,105