Knorex (KNRX) Balance Sheet: Assets & Liabilities

Knorex (KNRX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Knorex reported total assets of $6.96M and total liabilities of $13.44M. Shareholders' equity was negative at −$6.48M, meaning liabilities exceed assets. Total debt stood at $7.07M against $129.10K in cash and short-term investments, a net debt position of $6.94M.

Knorex Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Knorex Ltd. (KNRX) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Current Assets
Cash and Cash Equivalents	0.13	0.82	1.86	0.51	0.64
Cash & Short-Term Investments	0.13	0.82	1.86	0.51	0.64
Accounts Receivable	1.15	1.88	1.63	1.82	0.61
Inventory	0.00	-	-	-	-
Other Current Assets	3.68	0.40	0.30	0.43	0.41
Total Current Assets	5.66	3.48	4.01	2.99	1.78
Non-Current Assets
Property, Plant & Equipment (Net)	0.11	0.16	0.07	0.06	0.02
Intangible Assets	1.18	1.27	1.16	0.86	0.54
Other Non-Current Assets	0.00	0.52	0.47	0.10	-
Total Non-Current Assets	1.30	1.95	1.70	1.03	0.55
Total Assets	6.96	5.42	5.71	4.02	2.33
Current Liabilities
Accounts Payable	2.48	2.49	2.78	1.77	1.66
Short-Term Debt	7.05	5.45	0.50	7.74	0.73
Current Portion of Long-Term Debt	-	0.48	0.50	0.48	0.73
Accrued Liabilities	2.70	0.93	1.30	1.04	0.44
Deferred Revenue	0.02	0.03	0.13	0.36	0.23
Other Current Liabilities	3.70	-	0.00	-	3.26
Total Current Liabilities	13.33	9.49	4.97	11.38	6.32
Non-Current Liabilities
Long-Term Debt	0.02	0.18	0.59	1.04	1.46
Deferred Tax Liabilities	0.00	-	-	-	-
Other Non-Current Liabilities	0.01	-	-	-	-
Total Non-Current Liabilities	0.11	0.29	0.59	1.05	1.46
Total Liabilities	13.44	9.78	5.56	12.42	7.78
Stockholders' Equity
Common Stock	0.02	0.01	0.01	0.01	-
Retained Earnings	-62.19	-49.42	-43.53	-35.57	-28.87
Accumulated Other Comprehensive Income	-1.01	-0.86	-0.91	-0.70	-0.48
Additional Paid-in Capital	56.70	45.91	44.58	27.85	23.90
Minority Interest	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	30.42	30.42	30.42	30.42	30.42
Total Stockholders' Equity	-6.48	-4.35	0.15	-8.41	-5.45
Total Liabilities & Equity	6.96	5.42	5.71	4.02	2.33

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Knorex Balance Sheet

How much debt does Knorex have?

Knorex had total debt of $7.07M as of Dec 31, 2025, against $129.10K in cash and short-term investments. Total debt was $5.63M a year earlier.

What are Knorex's total assets?

Knorex reported total assets of $6.96M as of Dec 31, 2025, up 28.2% from $5.42M a year earlier. Total liabilities were $13.44M.

What is Knorex's shareholders' equity?

Knorex's shareholders' equity was negative at −$6.48M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition