Company: KNRX
Filing Date: 2025-09-30
Form Type: 424B4
Source: 0001493152-25-016175
Chunk: 196

Company: KNOREX LTD.
Filing Date: 2025-09-30
Form: 424B4
Chunk 196
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 evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as Knorex Ltd.’s auditor since 2022.

/s/ Kreit & Chiu CPA LLP

Los Angeles, California

June 12, 2025

| F-2 |

<div align='center'>KNOREX LTD. AND SUBSIDIARIES

CONSOLIDATED BALANCE
SHEETS

(Stated in U.S. Dollars)</div>

| ASSETS                                                                                                                            
 CURRENT                                                                                                                           
 ASSETS                                                                                                                            |     | December 
 31,      
 2024     |             |   |     | December 
 31,      
 2023     |             |   |
|:----------------------------------------------------------------------------------------------------------------------------------|:----|:---------|------------:|:--|:----|:---------|------------:|:--|
| Cash                                                                                                                              
 and cash equivalents                                                                                                              |     | $        |     824,728 |   |     | $        |   1,862,781 |   |
| Accounts                                                                                                                          
 receivable, net                                                                                                                   |     |          |   1,880,941 |   |     |          |   1,625,121 |   |
| Other                                                                                                                             
 receivables                                                                                                                       |     |          |     371,271 |   |     |          |     183,985 |   |
| Other                                                                                                                             
 receivables - related parties                                                                                                     |     |          |           - |   |     |          |      35,966 |   |
| Prepaid                                                                                                                           
 expenses and other current assets                                                                                                 |     |          |     399,647 |   |     |          |     300,128 |   |
| Total                                                                                                                             
 Current Assets                                                                                                                    |     |          |   3,476,587 |   |     |          |   4,007,981 |   |
| NON-CURRENT                                                                                                                       
 ASSETS                                                                                                                            |     |          |             |   |     |          |             |   |
| Property                                                                                                                          
 and equipment, net                                                                                                                |     |          |      22,866 |   |     |          |      32,342 |   |
| Operating                                                                                                                         
 right-of-use asset