Modulight Corporation | Company Release | June 05, 2026 at 11:42:00 EEST
Modulight has identified an error in the presentation of certain balance sheet items in the financial statements released on 24-Apr-2026.
The error relates to the presentation of current liabilities. The amounts reported under accrued expenses and total current liabilities were incorrect.
The correct figures are as follows (EUR thousand):
| Balance sheet item | Published figure | Correct figure |
| Liabilities | ||
| Non-current liabilities | ||
| Loans from financial institutions | 988 | 988 |
| Total non-current liabilities | 988 | 988 |
| Current liabilities | ||
| Loans from financial institutions | 1,502 | 1,502 |
| Advances received | 53 | 53 |
| Accounts payable | 285 | 285 |
| Other liabilities | 164 | 164 |
| Accrued expenses | 1,085 | 1,447 |
| Total current liabilities | 1,949 | 3,451 |
| Total liabilities | 4,439 | 4,439 |
The correction does not affect the Company's total liabilities, total assets, shareholders' equity, cash flow, operating result, profit for the financial year, or any previously reported key performance indicators. The correction concerns only the presentation of balance sheet items.
The corrected figures have been updated in the financial statements available on the Company's website.
The Company regrets the error.