Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 300

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 300
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OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) Refer to Note 20 and Note 21 for the disclosure of credit risk, currency risk and sensitivity analysis of the financial assets and liabilities of the Company. As of December 31, 2023 and 2022, no cash was pledged with banks as collaterals.

| NOTE 7. | Notes and Accounts Receivable |

|                     |     |   | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:--------------------|:----|:--|-------------:|:----|:----|-------------:|
| Notes receivable    |     | $ |        4,025 |     |     |            — |
| Accounts receivable |     |   |      353,356 |     |     |      617,617 |
| Total               |     | $ |      357,381 |     |     |      617,617 |

As of December 31, 2023 and 2022, the Company measured the loss allowance for accounts receivable using the simplified approach under IFRS 9 with the lifetime expected credit losses. The Company’s accounts receivable were mainly due from the credit card company, and historically there was no default of accounts receivable occurred; therefore, there were no expected credit losses in 2023 and 2022, respectively.

| NOTE 8. | Other Financial Assets – Current and Non-current |

|                                       |     |   | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:--------------------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Restricted cash in the trust account  |     | $ |    4,837,290 |     |     |            — |
| Restricted time deposit – current     |     |   |       32,568 |     |     |            — |
| Restricted time deposit – non-current |     |   |      181,929 |     |     |       50,666 |
| Guarantee deposits paid               |     |   |      283,883 |     |     |      175,376 |
| Total                                 |     | $ |    5,335,670 |     |     |      226,042 |

Restricted cash in the trust