Company: KNRX
Filing Date: 2025-09-30
Form Type: 424B4
Source: 0001493152-25-016175
Chunk: 230

Company: KNOREX LTD.
Filing Date: 2025-09-30
Form: 424B4
Chunk 230
---
 deemed to be material to the consolidated financial statements.

Note 16 – Segment information

The Company operates as one operating segment, which primarily focuses on platform subscription fee, platform services, managed activations, and professional services. The Company’s chief executive officer is the chief operating decision-maker (“CODM”), manages and allocates resources to the operations of the Company on an entity-wide basis based on the U.S. and International (Singapore, Malaysia, Thailand, Vietnam, Australia, and India).

Disaggregated information of revenues by services are as follows:

|                                               |     | For the Year Ended | December 31, 2024 |     |     | December 31, 2023 |
|:----------------------------------------------|:----|:-------------------|------------------:|:----|:----|------------------:|
|                                               |     | US$                |                   |     | US$ |                   |
| Platform subscription fee                     |     | $                  |         4,408,157 |     | $   |         3,167,832 |
| Platform services                             |     |                    |         6,233,241 |     |     |         5,244,360 |
| Managed activations and professional services |     |                    |           178,967 |     |     |           313,624 |
| Total revenues                                |     | $                  |        10,820,365 |     | $   |         8,725,816 |

| F-29 |

|                |     | For the Year Ended | December 31, 2024 |     |     | December 31, 2023 |
|:---------------|:----|:-------------------|------------------:|:----|:----|------------------:|
|                |     | US$                |                   |     | US$ |                   |
| U.S.           |     | $                  |        10,422,293 |     | $   |         8,446,459 |
| International  |     |                    |           398,072 |     |     |           279,357 |
| Total revenues |     | $                  |        10,820,365 |     | $   |         8,725,816 |

In addition, the key measure of segment profitability that the CODM uses to allocate resources and assess performance is net loss, as reported on the statements of operations. The following table presents the significant revenue and expense categories of the Company’s