XML 70 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Balance Sheet - USD ($)
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 129,104 $ 824,728
Accounts receivable, net 1,146,716 1,880,941
Other receivables 306,218 471,271
Loan receivables 400,872
Prepayments and other current assets 899,042 299,647
Prepayments – related party 2,777,500
Total Current Assets 5,659,452 3,476,587
NON-CURRENT ASSETS    
Property and equipment, net 11,600 22,866
Operating right-of-use asset 101,083 137,010
Capitalized software development costs 1,184,706 1,270,369
Deferred offering costs 517,938
Total Non-Current Assets 1,297,389 1,948,183
Total Assets 6,956,841 5,424,770
CURRENT LIABILITIES    
Bank loans 188,950 482,454
Short-term loans - third parties 4,166,615 2,219,102
Short-term loans - related parties 255,620 271,441
Accounts payable 2,476,037 2,488,675
Other payables and accrued liabilities 3,716,637 2,045,594
Other payables - related parties 137,896 20,111
Deferred revenue 22,139 29,120
Operating lease liabilities 31,238 28,840
Convertible notes 2,332,529 1,900,965
Total Current Liabilities 13,327,661 9,486,302
NON-CURRENT LIABILITIES    
Bank loans 24,252 178,535
Deferred tax liabilities 3,004
Operating lease liabilities 75,306 111,933
Employee benefit obligations 9,545
Total Liabilities 13,439,768 9,776,770
COMMITMENTS AND CONTINGENCIES (NOTE 16)
SHAREHOLDERS’ DEFICIT    
Additional paid-in capital 56,699,173 45,914,112
Accumulated deficit (62,186,087) (49,416,584)
Accumulated other comprehensive loss (1,012,482) (863,282)
Total KNOREX Ltd. Shareholders’ Deficit (6,484,184) (4,352,124)
Noncontrolling interests 1,257 124
Total Shareholders’ Deficit (6,482,927) (4,352,000)
Total Liabilities and Shareholders’ Deficit 6,956,841 5,424,770
Common Class A [Member]    
SHAREHOLDERS’ DEFICIT    
Ordinary shares, value 12,822 11,240
Common Class B [Member]    
SHAREHOLDERS’ DEFICIT    
Ordinary shares, value 2,390 2,390
Nonrelated Party [Member]    
CURRENT ASSETS    
Prepayments and other current assets $ 899,042 $ 299,647