Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 389

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 389
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2023  |     |                   | 1,287,549 |   |     |           | 489,572 |     |           | 1,367,672 |     |       | 3,144,793 |   |
| Accumulated depreciation:  |     |                   |           |   |     |           |         |     |           |           |     |       |           |   |
| Balance at January 1, 2023 |     |                   |   997,256 |   |     |           | 149,784 |     |           |   855,457 |     |       | 2,002,497 |   |
| Depreciation               |     |                   |   125,146 |   |     |           |  40,800 |     |           |   113,968 |     |       |   279,914 |   |
| Disposals                  |     |                   |  (368,200 | ) |     |           |       — |     |           |         — |     |       |  (368,200 | ) |
| Balance at April 30, 2023  |     |                   |   754,202 |   |     |           | 190,584 |     |           |   969,425 |     |       | 1,914,211 |   |
| Carrying amounts:          |     |                   |           |   |     |           |         |     |           |           |     |       |           |   |
| Balance at April 30, 2023  |     | $                 |   533,347 |   |     |           | 298,988 |     |           |   398,247 |     |       | 1,230,582 |   |

F-119

PayNow Inc. Notes to the Financial Statements (Continued) For the four months ended April 30, 2023, the Company did not recognize any impairment loss on property, plant and equipment.

| (b) | Leasing arrangements-lessee |

| 1. | The Company leases various buildings and transportation equipment. Rental contracts are typically made for                                                                                                                                       
 periods of 1 to 3 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing