Company: KNRX
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001493152-25-012564
Chunk: 83

Company: KNOREX LTD.
Filing Date: 2025-09-02
Form: F-1/A
Chunk 83
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 increased, and more customers began to try out our other platform services offering including for data and tech features. We expect the gross profit to continue to improve as we scale up.

Operating Expenses

Our operating expenses include sales and marketing expenses, platform operations expenses, technology and development expenses, general and administrative expenses, and amortization expenses. We allocate overhead such as information technology infrastructure, rent and occupancy charges based on headcount for all these categories.

The following tables set forth components of our operating expenses for the periods indicated:

|                             |     |                          For 
 the Years Ended December 31, |            |     |   |       |     |      |            |     |   |       |
|                             |     |                         2024 |            |     |   |       |     | 2023 |            |     |   |       |
|                             |     |                          US$ |            |     | % |       |     |  US$ |            |     | % |       |
| Platform                    
 operations expenses         |     |                              |  2,758,292 |     |   |  27.5 |     |      |  3,598,134 |     |   |  32.2 |
| Sales                       
 and 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