Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 365

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 365
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 to the time differences when the Company provided services that satisfy its obligation to the customer and when the payment is disbursed by the customer.

| NOTE 13. | Financial instruments |

| (a) | Categories of financial instruments |

| 1. | Financial assets |

|                                  |     | December 31, 
 2022         |             |
|:---------------------------------|:----|:-------------|------------:|
| Measured at amortized cost:      |     |              |             |
| Cash and restricted cash         |     | $            | 134,981,111 |
| Accounts receivable              |     |              |     462,464 |
| Other receivables                |     |              |   1,542,475 |
| Other financial assets – current |     |              | 211,353,301 |
| Refundable deposits              |     |              |   2,502,100 |
| Total                            |     | $            | 350,841,451 |

| 2. | Financial liabilities |

|                                               |     | December 31, 
 2022         |            |
|:----------------------------------------------|:----|:-------------|-----------:|
| Non-derivative financial liabilities:         |     |              |            |
| Accounts payable                              |     | $            |  2,590,897 |
| Other payables                                |     |              |  4,817,025 |
| Lease liabilities (including current portion) |     |              |  5,355,992 |
| Guarantee deposits received                   |     |              |    919,550 |
| Total                                         |     | $            | 13,683,464 |

F-97

PayNow Inc. Notes to the Financial Statements (Continued)

| (b) | Liquidity risk |

The table below summarizes the maturity profile of financial liabilities, including principal and estimated interest payments.

| December 31, 2022                             |     | Carrying 
 amount   |            |     | Contractual 
 cash flows  |            |     | Within 
 1 year |            |     | 1-5 years |           |     | Over 5 years |   |
|:----------------------------------------------|:----|:---------|-----------:|:----|:------------|-----------:|:----|:-------|-----------:|:----|:----------|----------:|:----|:-------------|:--|
| Non-derivative