Company: KNRX
Filing Date: 2025-08-21
Form Type: F-1/A
Source: 0001641172-25-025066
Chunk: 231

Company: KNOREX LTD.
Filing Date: 2025-08-21
Form: F-1/A
Chunk 231
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 Salary and benefits costs                              |     |                    |        (4,914,926 | ) |     |     |        (5,094,148 | ) |
| Amortization of capitalized software development costs |     |                    |          (744,993 | ) |     |     |          (592,458 | ) |
| Other cost of revenue                                  |     |                    |           (42,691 | ) |     |     |            (8,594 | ) |
| Other platform operations expenses                     |     |                    |          (478,369 | ) |     |     |          (428,218 | ) |
| Other sales and marketing expenses                     |     |                    |          (451,798 | ) |     |     |          (576,152 | ) |
| Other technology and development expenses              |     |                    |          (401,746 | ) |     |     |          (356,180 | ) |
| Other general and administrative expenses              |     |                    |          (956,064 | ) |     |     |        (1,452,780 | ) |
| Other segment expenses (income)                        |     |                    |          (317,220 | ) |     |     |            26,762 |   |
| Provision for income taxes                             |     |                    |           (58,223 | ) |     |     |           (33,239 | ) |
| Net loss                                               |     | $                  |        (5,883,611 | ) |     | $   |        (7,964,772 | ) |

Note 17 – Subsequent events

The Company evaluated subsequent events and transactions that occurred after the date of these consolidated financial statements were issued. Based on this review, except as disclosed below, the Company did not identify any other subsequent events that would require adjustment or disclosure in the consolidated financial statements.

Cancellation of warrants

In January 2025, a batch of 4,527,387 warrants was canceled and reissued with expiry dates of between March 4, 2026 and March 19, 2028, and exercise price of between US$1.497 and US$2.074. A second batch of 251,608 warrants was canceled and reissued with exercise price of US$2.60 and expiry date of June 30, 2027.

Exercise of warrants

In January 2025, a total of 164,713 warrants were exercised to subscribe for 164,713 Class