GRAVITY Co., Ltd. | CIK:0001313310 | 3

  • Filed: 4/27/2018
  • Entity registrant name: GRAVITY Co., Ltd. (CIK: 0001313310)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1313310/000156459018009525/0001564590-18-009525-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1313310/000156459018009525/grvy-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001313310
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  • ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory

    Research and development expenses

    Research and development expenses consist primarily of payroll and other overhead expenses which are all expensed as incurred. Research and development expenses for a game development are capitalized only after the technological feasibility of the game is established. The technological feasibility of the game is not established until substantially all development is complete, which is generally when it is ready for open beta testing.