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Condensed Consolidated Statements of Cash Flows (Unaudited) - KRW (₩)
₩ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net income (loss) ₩ 636,130 ₩ (270,698) ₩ 123,731 ₩ (728,437)  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:          
Depreciation and amortization     178,787 87,407  
Pension plan expenses     171,021 162,687  
Deferred income taxes     20,724 1,901  
Warrants issued for professional service     378,826  
Foreign currency loss     6,825  
Changes in operating assets and liabilities:          
Accounts receivable     (203,104) (58,749)  
Inventories     (441,850) (10,673)  
Other current assets     16,913 (28,256)  
Deposits     (852) 20,300  
Accounts payable     (276,501) (65,663)  
Nontrade payables     413,401 408,627  
Other current liabilities     3,117 4,319  
Payment of lease liabilities     (91,790)  
Pension benefits payments     (56,838) (35,048)  
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES     235,585 (234,760)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Decrease in loans to related parties     163,276  
Purchase of short-term financial instruments     (9,000)  
Proceeds from disposals of short-term financial instruments     18,000 269,000  
Purchase of property and equipment     (2,091)  
NET CASH PROVIDED BY INVESTING ACTIVITIES     6,909 432,276  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from private placement, net     557,336  
Warrants exercised     20,945  
Drawdown of short-term borrowings     168,738  
Repayment of short-term borrowings     (180,545) (471,075)  
Repayment of current portion of long-term debt     (134,552) (313,600)  
Borrowings of long-term debt     224,000 100,000  
Increase in loans from related parties     398,061 217,304  
Repayment of loans from related parties     (475,634) (180,223)  
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES     (147,725) 78,480  
Effect of exchange rate on cash and cash equivalents     (8,166) (10,632)  
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS     86,603 265,364  
CASH AND CASH EQUIVALENTS- beginning of year     126,406 109,316 ₩ 109,316
CASH AND CASH EQUIVALENTS- end of year ₩ 213,009 ₩ 374,680 213,009 374,680 ₩ 126,406
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:          
Interest     223,408 121,355  
Income taxes      
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:          
Recognition of right-of-use assets and lease liabilities     318,835  
Increase in loans from related parties due to payment of general expenses by related parties     ₩ 55,593