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Leases | 6 Months Ended
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Jun. 30, 2025
Leases |
Leases | Note 10 – Leases On November 29, 2022, Knorex MY entered into a lease agreement of the office in Malaysia. The lease term was from December 1, 2022 to November 30, 2024. The lease payments are approximately $700 per month. The lease was early terminated on March 31, 2024. On December 30, 2022, Knorex VN entered into a lease agreement of the office in Vietnam. The lease term was from January 1, 2023 to December 31, 2024. The lease payments are approximately $2,500 per month for the period commenced January 1, 2023 and ended May 31, 2023, approximately $2,800 per month for the period commenced June 1, 2023 and ended December 31, 2023, approximately $2,900 per month for the period commenced January 1, 2024 and ended December 31, 2024. The lease was expired on December 31, 2024. In January 2025, the Company renewed the lease for one year and extended the expiration date to be on December 31, 2025 approximately $3,000 per month. On January 6, 2024, Knorex IN entered into a lease agreement of the office in India. The lease term was from February 15, 2024 to January 14, 2029. The lease payments are approximately $3,000 per month for the period commenced January 15, 2024 and ended January 14, 2025, approximately $3,100 per month for the period commenced January 15, 2025 and ending January 14, 2026, approximately $3,300 per month for the period commencing January 15, 2026 and ending January 14, 2027, approximately $3,500 per month for the period commencing January 15, 2027 and ending January 14, 2028, approximately $3,600 per month for the period commencing January 15, 2028 and ending January 14, 2029. The components of the lease expenses consist of the following: Schedule of components of lease expenses
|  | June 30, 2025 |  |  | June 30, 2024 |
|  | For the Six Months Ended |
|  | June 30, 2025 |  |  | June 30, 2024 |
|  | US$ |  |  | US$ |
Operating lease cost |  |  |  |  |  |  |  |
Lease expenses |  | $ | 19,774 |  |  | $ | 39,475 |
Lease expenses – short-term |  |  | 42,115 |  |  |  | 26,379 |
Total lease expenses |  | $ | 61,889 |  |  | $ | 65,854 |
Weighted-average remaining term and discount rate related to leases were as follows: Schedule of lease term and discount rate
|  | As of |  |  | As of |
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | US$ |  |  | US$ |
Weighted-average remaining term |  |  |  |  |  |  |  |
Operating lease |  |  | 3.55 year |  |  |  | 4.04 year |
Weighted-average discount rate |  |  |  |  |  |  |  |
Operating lease |  |  | 6.85% |  |  |  | 6.85 | %
The following table sets forth the Company’s minimum lease payments in future periods as of June 30, 2025: Schedule minimum lease payments in future periods
|  | Operating lease |  |  | Short-term lease |  |  |  |
|  | payments |  |  | payments |  |  | Total |
|  | US$ |  |  | US$ |  |  | US$ |
Twelve months ending June 30, 2026 |  | $ | 38,515 |  |  | $ | 25,536 |  |  | $ | 64,051 |
Twelve months ending June 30, 2027 |  |  | 40,440 |  |  |  | - |  |  |  | 40,440 |
Twelve months ending June 30, 2028 |  |  | 42,462 |  |  |  | - |  |  |  | 42,462 |
Twelve months ending June 30, 2029 |  |  | 21,749 |  |  |  | - |  |  |  | 21,749 |
Total minimum lease payments |  |  | 143,166 |  |  |  | 25,536 |  |  |  | 168,702 |
Less: discount |  |  | (16,611 | ) |  |  | - |  |  |  | (16,611 | )
Present value of minimum lease payments |  |  | 126,555 |  |  |  | 25,536 |  |  |  | 152,091 |
Less: minimum lease payments, current |  |  | (30,784 | ) |  |  | (25,536 | ) |  |  | (56,320 | )
Minimum lease payments, non-current |  | $ | 95,771 |  |  | $ | - |  |  | $ | 95,771 |

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- References No definition available. + Details
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Namespace Prefix: | KNRX_
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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Namespace Prefix: | us-gaap_
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Balance Type: | na
Period Type: | duration