KNOREX LTD. (KNRX) Form 6-K — Oct 28, 2026
KNOREX Ltd. reported a net loss of $5.4 million for the six months ended June 30, 2026, up 17.7% from $4.6 million a year earlier, while revenue declined 5.2% to $2.68 million. The company's financial statements include substantial-doubt going-concern language, citing a $13.3 million working capital deficit, a $67.6 million accumulated deficit, and only about $0.3 million of available cash as of the report date.
Key figures
- Revenue
- 2678528
- Total Debt
- 15965111
- Revenue Yoy
- -5.2%
- Total Assets
- 3921198
- Cash Position
- 137818
- Customers
- 25
- Gross margin
- 46.5% vs 45.3% prior year
- Eloc share price
- 0.2772
- Accumulated deficit
- $67.6 million
- Senior note proceeds
- $2.7 million (April 2026)
- Operating cash outflow
- $2.4 million (six months ended June 30, 2026)
- Working capital deficit
- $13.3 million
- Avg revenue per customer
- 107141
- Convertible note face amount
- 3363411
AI analysis
Red flags7 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.