Company: KNRX
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001493152-25-014499
Chunk: 232

Company: KNOREX LTD.
Filing Date: 2025-09-22
Form: F-1/A
Chunk 232
---
Other Countries

The Company’s other subsidiaries with operations in other countries (Malaysia, Thailand, Australia, India, and China) are insignificant to its operations for the years ended December 31, 2024 and 2023.

The United States and foreign components of loss before income taxes were comprised of the following:

|                                |     | For            
 the Year       
 Ended December 
 31, 2024       |            |   |     | For            
 the Year       
 Ended December 
 31, 2023       |            |   |
|:-------------------------------|:----|:---------------|:-----------|:--|:----|:---------------|:-----------|:--|
|                                |     | US$            |            |   |     | US$            |            |   |
| U.S.                           |     | $              | (1,741,678 | ) |     | $              | (3,843,380 | ) |
| Singapore                      |     |                | (2,891,774 | ) |     |                | (3,007,173 | ) |
| Vietnam                        |     |                | (745,108   | ) |     |                | (657,356   | ) |
| Other Countries                |     |                | (446,828   | ) |     |                | (423,624   | ) |
| Total loss before income taxes |     | $              | (5,825,388 | ) |     | $              | (7,931,533 | ) |

The provision for income taxes consisted of the following:

|                            |     |     |            For 
       the Year 
 Ended December 
       31, 2024 |     |     |            For 
       the Year 
 Ended December 
       31, 2023 |
|:---------------------------|:----|:----|---------------:|:----|:----|---------------:|
|                            |     | US$ |                |     | US$ |                |
| Current                    |     | $   |         58,223 |     | $   |         33,239 |
| Deferred                   |     |     |              - |     |     |              - |
| Provision for income taxes |     | $   |         58,223 |     | $   |         33,239 |

| F-27 |

The following table reconciles U.S. statutory rates to the Company’s effective tax rate:

|