Company: KNRX
Filing Date: 2025-08-21
Form Type: F-1/A
Source: 0001641172-25-025066
Chunk: 82

Company: KNOREX LTD.
Filing Date: 2025-08-21
Form: F-1/A
Chunk 82
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 marketing expenses      |     |                              |  2,979,014 |     |   |  29.7 |     |      |  3,306,652 |     |   |  29.5 |
| Technology                  
 and development expenses    |     |                              |  2,608,355 |     |   |  26.0 |     |      |  2,049,444 |     |   |  18.3 |
| General                     
 and administrative expenses |     |                              |  1,684,706 |     |   |  16.8 |     |      |  2,233,762 |     |   |  20.0 |
| Total                       |     |                              | 10,030,367 |     |   | 100.0 |     |      | 11,187,992 |     |   | 100.0 |

| 42 |

Platform operations expenses. Platform operations expenses primarily consist of expenses related to hosting our XPO platform, which include hosting costs, data-related costs, data, IT systems and privacy certifications and audits, and personnel costs of salaries and other compensation-related expenses attributable to personnel who support the platform and provide clients with platform support.

Sales and marketing expenses. Sales and marketing expenses consist primarily of personnel costs of salaries and other compensation-related expenses for our sale and marketing personnel, professional services costs and facility related costs related to advertising, product management, promotional materials, public relations, other sales and marketing programs.

Technology and development expenses. Technology and development expenses consist primarily of personnel costs of salaries and other compensation-related expenses for the Company’s technology and development personnel with the ongoing development and maintenance of the Company’s platform, professional services costs and facility related costs as well as costs related to research and product development. Technology and development costs are expensed as incurred, except to the extent that such costs are associated with software development that qualifies for capitalization in accordance with ASC 350-40, Internal-Use Software (“ASC 350-40”), which requires the capitalization of certain costs incurred only during the application development stage. The Company evaluates periodically research and development costs that may be eligible for capitalization.

General and administrative expenses.General and administrative expenses consist primarily of personnel costs of salaries and other compensation-related expenses for executive management, finance, accounting, human resources, legal, compliance, and other administrative functions as well as professional services costs and other facility related costs.

Taxation

Cayman Islands