v3.26.1
Consolidated Statements of Cash Flows
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2025
SGD ($)
Dec. 31, 2024
SGD ($)
Dec. 31, 2023
SGD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ (3,254,679) $ (4,185,192) $ (3,932,965) $ (7,570,873)
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation and amortization 606,204 779,517 693,805 543,212
Deposit written off 48,231 62,020
Provision of credit loss allowance 100,721 129,517 56,005
Loss on derecognising right-of-use asset 2,603 3,347
Change in operating assets and liabilities        
Account receivables (355,714) (457,412) 3,714,850 (3,492,530)
Contract asset 22,023 28,320 28,320 (78,603)
Deposits, prepaid expenses and other current assets 1,094,585 1,407,527 (1,624,508) 1,440,391
Inventory (18,200) (23,404) 73,976 166,006
Account payables (380,660) (489,491) 403,508 179,360
Accruals and other payables 583,803 750,712 (316,332) (163,588)
Income tax payable (239,930) (76,526)
Contract liabilities 145,439 187,020 44,192 1,452,346
Net cash used in operating activities (1,405,644) (1,807,519) (1,155,084) (7,544,800)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Placement of restricted cash (777,665) (1,000,000)
Purchase of property and equipment (436,829) (561,719) (15,901) (21,265)
Additions to intangible assets (1,123,164) (1,444,276) (1,397,077) (892,109)
Net cash used in investing activities (2,337,658) (3,005,995) (1,412,978) (913,374)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from bank loan 583,249 750,000 38,500
Repayment of bank loans (404,962) (520,740) (754,885) (1,225,129)
Proceeds from short-term borrowings 4,026,752 5,178,001
Repayment of short-term borrowings (2,494,752) (3,208,001)
Proceeds from other payables to related parties 1,069,547 1,375,330
Repayment of other payables to related parties (894,315) (1,150,000) (89,130) (369,688)
Proceeds from issuance of shares 4,074,649 5,239,591 2,793,695 10,795,690
Principal payment of lease liabilities (125,213) (161,012) (93,000) (127,563)
Net cash provided by financial activities 5,834,955 7,503,169 1,856,680 9,111,810
Net change in cash and cash equivalents 2,091,653 2,689,655 (711,382) 653,636
Foreign currency translation (52,673) (67,732) 38,748 (1,200)
Cash and cash equivalents as of beginning of the year 400,361 514,825 1,187,459 535,023
Cash and cash equivalents as of end of the year 2,439,341 3,136,748 514,825 1,187,459
SUPPLEMENTAL CASH FLOW INFORMATION:        
Cash (received)/paid for income tax (128,612) 23,086
Cash paid for interest $ 391,439 $ 503,352 $ 34,846 $ 183,046