v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 137,818 $ 129,104
Accounts receivable, net 588,081 1,146,716
Other receivables 310,130 306,218
Loan receivables 400,872
Prepaid expenses and other current assets 512,782 899,042
Prepaid expenses - related party 1,032,500 2,777,500
Total Current Assets 2,581,311 5,659,452
NON-CURRENT ASSETS    
Property and equipment, net 8,940 11,600
Operating right-of-use asset 81,312 101,083
Capitalized software development costs 1,249,635 1,184,706
Total Non-Current Assets 1,339,887 1,297,389
Total Assets 3,921,198 6,956,841
CURRENT LIABILITIES    
Bank loans 18,378 188,950
Senior note payable 3,000,000
Accounts payable 1,614,659 2,476,037
Other payables and accrued liabilities 4,196,898 3,716,637
Other payables - related parties 106,296 137,896
Deferred revenue 41,200 22,139
Operating lease liabilities 31,577 31,238
Convertible notes 2,443,741 2,332,529
Total Current Liabilities 15,871,222 13,327,661
NON-CURRENT LIABILITIES    
Bank loans 14,729 24,252
Deferred tax liabilities 2,870 3,004
Operating lease liabilities 54,959 75,306
Employee benefit obligations 21,331 9,545
Total Non-Current Liabilities 93,889 112,107
Total Liabilities 15,965,111 13,439,768
COMMITMENTS AND CONTINGENCIES (NOTE 16)
SHAREHOLDERS’ DEFICIT    
Additional paid-in capital 56,699,173 56,699,173
Accumulated deficit (67,620,467) (62,186,087)
Accumulated other comprehensive loss (1,139,312) (1,012,482)
Total KNOREX Ltd. Shareholders’ Deficit (12,045,394) (6,484,184)
Noncontrolling interests 1,481 1,257
Total Shareholders’ Deficit (12,043,913) (6,482,927)
Total Liabilities and Shareholders’ Deficit 3,921,198 6,956,841
Common Class A [Member]    
SHAREHOLDERS’ DEFICIT    
Ordinary shares, Class B, $0.0005 par value, 10,000,000 shares authorized, 4,780,575 shares issued and outstanding as of June 30, 2026 and December 31, 2025 12,822 12,822
Common Class B [Member]    
SHAREHOLDERS’ DEFICIT    
Ordinary shares, Class B, $0.0005 par value, 10,000,000 shares authorized, 4,780,575 shares issued and outstanding as of June 30, 2026 and December 31, 2025 2,390 2,390
Third Parties [Member]    
CURRENT LIABILITIES    
Short-term loans 4,163,206 4,166,615
Related Party [Member]    
CURRENT LIABILITIES    
Short-term loans $ 255,267 $ 255,620