Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 269

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 269
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 31, 
           2022 |
|:----------------|:----------------------|:-----------------------------------------------------------|:-------------|:---------------------------------------|:-------|:----|---------------:|:----|:----|---------------:|
|                 |                       |                                                            |              |                                        |        | US$ |                |     | US$ |                |
| TransAccel, LLC |                       | Mr. Wilson Chandra, Director and President of the Company, 
 owned 100% of this entity                                  |              | Business expansion consulting services |        | $   |        328,470 |     | $   |        156,000 |
| Total           |                       |                                                            |              |                                        |        | $   |        328,470 |     | $   |        156,000 |

Note 10 – Leases

The components of the lease expenses consist of the following:

|                             |     | For the Year Ended | December 31, 2023 |     |     | December 31, 2022 |
|:----------------------------|:----|:-------------------|------------------:|:----|:----|------------------:|
|                             |     | US$                |                   |     | US$ |                   |
| Operating lease cost        |     |                    |                   |     |     |                   |
| Lease expenses              |     | $                  |            44,288 |     | $   |               726 |
| Lease expenses – short-term |     |                    |            47,375 |     |     |            97,812 |
| Total lease expenses        |     | $                  |            91,663 |     | $   |            98,538 |

Weighted-average remaining term and discount rate related to leases were as follows:

|                                 |     | As of             
 December 31, 2023 |      |   |     | As of             
 December 31, 2022 |      |   |
|:--------------------------------|:----|:------------------|-----:|:--|:----|:------------------|-----:|:--|
|                                 |     | US$               |      |   |     | US$               |      |   |
| Weighted-average remaining term |     |                   |      |   |     |                   |      |   |
| Operating lease                 |     |                   | 0.99 
 year |   |     |                   | 1.92 
 year |