Company: KNRX
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001493152-25-012564
Chunk: 228

Company: KNOREX LTD.
Filing Date: 2025-09-02
Form: F-1/A
Chunk 228
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 | $                  | (6,402,122 | ) |     | $               | (1,559,402 | ) |
| Denominator                                    |     |                    |            |   |     |                 |            |   |
| Number of shares used in per share computation |     |                    | 19,626,646 |   |     |                 |  4,780,575 |   |
| Basic and diluted loss per share               |     | $                  |      (0.33 | ) |     | $               |      (0.33 | ) |

For the year ended December 31, 2024, the Company had dilutive securities from the outstanding convertible notes and warrants that are convertible into 1,206,141 and 4,943,608 of the Company’s Class A Ordinary Shares, respectively, were not included in the computation of dilutive loss per share because the inclusion of such convertible notes and warrants would be anti-dilutive.

For the year ended December 31, 2023, the Company had dilutive securities from the outstanding warrants that are convertible into 5,570,275 of the Company’s Class A Ordinary Shares, were not included in the computation of dilutive loss per share because the inclusion of such warrants would be anti-dilutive.

The summary of anti-dilutive instruments is as follows:

|                                      |     | Warrants |           |     | Convertible Notes |           |     | Total |           |
| Common Stock subject to outstanding: |     |          |           |     |                   |           |     |       |           |
| For the year ended December 31, 2024 |     |          | 4,943,608 |     |                   | 1,206,141 |     |       | 6,149,749 |
| For the year ended December 31, 2023 |     |          | 5,570,275 |     |                   |         - |     |       | 5,570,275 |

| F-26 |

Note 13 – Income taxes

United States

Knorex US was incorporated in the State of Delaware and holds its operation in the state of California. Knorex US is subject to a federal income tax rate of 21% and California income tax rate of 8.84%.

Singapore

Knorex SG is incorporated in Singapore and is subject to Singapore income tax on the taxable income as reported in its statutory financial statements adjusted in accordance with