Company: KNRX
Filing Date: 2025-06-12
Form Type: F-1/A
Source: 0001641172-25-014801
Chunk: 224

Company: KNOREX LTD.
Filing Date: 2025-06-12
Form: F-1/A
Chunk 224
---
 8,725,816 |

| F-29 |

|                |     | For the Year Ended | December 31, 2024 |     |     | December 31, 2023 |
|:---------------|:----|:-------------------|------------------:|:----|:----|------------------:|
|                |     | US$                |                   |     | US$ |                   |
| U.S.           |     | $                  |        10,422,293 |     | $   |         8,446,459 |
| International  |     |                    |           398,072 |     |     |           279,357 |
| Total revenues |     | $                  |        10,820,365 |     | $   |         8,725,816 |

In addition, the key measure of segment profitability that the CODM uses to allocate resources and assess performance is net loss, as reported on the statements of operations. The following table presents the significant revenue and expense categories of the Company’s single operating segment:

|                                                        |     | For the Year Ended | December 31, 2024 |   |     |     | December 31, 2023 |   |
|:-------------------------------------------------------|:----|:-------------------|------------------:|:--|:----|:----|------------------:|:--|
|                                                        |     | US$                |                   |   |     | US$ |                   |   |
| Revenue                                                |     | $                  |        10,820,365 |   |     | $   |         8,725,816 |   |
| Media costs                                            |     |                    |        (5,743,003 | ) |     |     |        (5,050,107 | ) |
| Data costs                                             |     |                    |        (1,362,001 | ) |     |     |        (1,382,524 | ) |
| Infrastructure costs                                   |     |                    |        (1,232,942 | ) |     |     |        (1,742,950 | ) |
| Salary and benefits costs                              |     |                    |        (4,914,926 | ) |     |     |        (5,094,148 | ) |
| Amortization of capitalized software development costs |     |                    |          (744,993 | ) |     |     |          (592,458 | ) |
|