Company: KNRX
Filing Date: 2025-03-05
Form Type: F-1/A
Source: 0001493152-25-009104
Chunk: 261

Company: KNOREX LTD.
Filing Date: 2025-03-05
Form: F-1/A
Chunk 261
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     |          As 
 of December 
    31, 2023 |     |   |          As 
 of December 
    31, 2022 |
|:-----------------------------------------------------------------------------------|:----|:----|------------:|:----|:--|------------:|
|                                                                                    |     | US$ |             |     |   |         US$ |
| Accrued expenses                                                                   |     | $   |     155,893 |     | $ |     242,178 |
| Accrued payroll                                                                    |     |     |     492,560 |     |   |     271,219 |
| Accrued interest                                                                   |     |     |         345 |     |   |     211,613 |
| Accrued taxes payable                                                              |     |     |      29,892 |     |   |      46,879 |
| Accrued professional fees                                                          |     |     |     646,488 |     |   |      85,832 |
| Payables to third-party vendors or service providers for administrative activities |     |     |           - |     |   |     105,615 |
| Reimbursement payables to employees                                                |     |     |       5,397 |     |   |      34,114 |
| Total other payables and accrued liabilities                                       |     | $   |   1,330,577 |     | $ |     997,450 |

Note 9 – Related party transactions

Related party balances

Other receivables - related parties

| Name of Related Party |     | Relationship                                        |     | Nature           |     | As          
 of December 
 31,         
 2023        |        |     | As          
 of December 
 31,         
 2022        |   |
|:----------------------|:----|:----------------------------------------------------|:----|:-----------------|:----|:------------|-------:|:----|:------------|:--|
|                       |     |                                                     |     |                  |     | US$         |        |     | US$         |   |
| Khar Heng Choo*       |     | Chairman and chief executive officer of the Company |     | Employee advance |     | $           | 31,423 |     | $           | - |
| Kheng Ee Lennon Teng* |     | Group General Manager of the Company                |     | Employee advance |     |