Company: KNRX
Filing Date: 2025-06-12
Form Type: F-1/A
Source: 0001641172-25-014801
Chunk: 193

Company: KNOREX LTD.
Filing Date: 2025-06-12
Form: F-1/A
Chunk 193
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 ) |
|:------------------------------------------------------------------------|:----|:--------------------|-----------:|:--|:----|:-------------|-----------:|:--|
| Cash paid for income tax                                                |     | $                   |     29,525 |   |     | $            |     33,239 |   |
| Cash paid for interest                                                  |     | $                   |     31,811 |   |     | $            |    134,208 |   |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: |     |                     |            |   |     |              |            |   |
| Initial recognition of operating right of use asset and                 
 lease liability                                                         |     | $                   |    169,434 |   |     | $            |     66,927 |   |
| Issuance of warrants                                                    |     |                     |    277,609 |   |     |              |          - |   |
| Conversion of convertible notes and accrued interest into               
 ordinary shares                                                         |     | $                   |          - |   |     | $            |  8,048,620 |   |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-6 |

<div align='center'>KNOREX LTD. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Stated in U.S. Dollars, unless stated otherwise)</div>

Note 1– Nature of business and organization

The Company is an exempted company incorporated on May 9, 2023 in Cayman Islands. The Company has no substantial operations other than holding all the outstanding share capital of its subsidiaries. The Company, through its subsidiaries, is a technology company that provides a new category of online advertising software called Advertising Management and Execution (AMX) system. The Company’s flagship product — Knorex XPO SM, is a suite of cloud-based AMX software applications that provide marketers an integrated management of digital advertising to streamline workflow and enhance advertising efficiency, aided by AI/ML for intelligent automation and scaling. XPO lets marketers manage and control core mission-critical online advertising processes all in one place — manual or AI-assisted advertisements creation, management of data feeds for use in advertising creatives, activation of omni-channel advertising campaigns, acquisition of audience data from data marketplaces, optimization of cross-channel advertising campaigns performance, data