Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 222

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 222
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 allowance for credit losses are as follows:

|                                       |     |     | June 30, 2024 |   |     |     | December 31, 2023 |   |
|:--------------------------------------|:----|:----|--------------:|:--|:----|:----|------------------:|:--|
|                                       |     | US$ |               |   |     | US$ |                   |   |
| Beginning balance                     |     | $   |        39,383 |   |     | $   |                 - |   |
| Provision for credit losses           |     |     |       156,524 |   |     |     |            75,282 |   |
| Write-off                             |     |     |      (142,698 | ) |     |     |           (36,530 | ) |
| Foreign currency exchange rate effect |     |     |             - |   |     |     |               631 |   |
| Ending balance                        |     | $   |        53,209 |   |     | $   |            39,383 |   |

Note 4 – Other receivables

Other receivables consist of the following:

|                                             |     |     | As of June 
   30, 2024 |     |     | As of December 
       31, 2023 |
|:--------------------------------------------|:----|:----|-----------:|:----|:----|---------------:|
|                                             |     | US$ |            |     | US$ |                |
| Sales, goods and services taxes receivables |     | $   |    202,758 |     | $   |        177,606 |
| Employee advances and others                |     |     |      6,037 |     |     |          6,379 |
| Total other receivables                     |     | $   |    208,795 |     | $   |        183,985 |

Note 5 – Prepaid expenses and other current assets

Prepaid paid expenses and other current assets consist of the following:

|                                                      |     |     | As of June 
   30, 2024 |     |     | As of  December 
        31, 2023 |
|:-----------------------------------------------------|:----|:----|-----------:|:----|:----|----------------:|
|                                                      |     | US$ |            |