Leases

6 Months Ended

Jun. 30, 2025

Supplemental disclosure of cash flow information related to operating leases is as follows for the six months ended June 30, 2025 and 2024, respectively:


	Six Months Ended
	June 30, 2025		June 30, 2024
	(in thousands of USD)
Cash paid for amounts included in the measurement of operating lease liabilities	$	3,330	$	4,949
Right-of-use assets obtained in exchange for operating lease liabilities	$	12,477	$	18

In March 2025, Line Digital Frontier entered into two lease agreements for office space. The leases commenced in March 2025, and expire in February 2030, with monthly payments of $0.1 million each, at a discount rate of 2.9%. Upon commencement, each of the two leases was recognized as a right-of-use asset in the amounts of $6.0 million and $6.0 million, respectively.

The Company subleases a portion of the operating lease right-of-use assets for buildings. Total other income generated from subleases was $0.1 million and $0.1 million for the three months ended June 30, 2025 and 2024, respectively and $0.1 million and $0.2 million for the six months ended June 30, 2025 and 2024, respectively, and is included within Other income (loss), net of the Condensed Consolidated Statements of Operations and Comprehensive Loss.

WEBTOON Entertainment Inc. 10-Q