| Schedule of Intangible Assets |
Intangible assets, stated at
cost less accumulated amortization, consisted of the following:
| | |
2023 | | |
2024 | | |
2025 | | |
2025 | |
| | |
SGD | | |
SGD | | |
SGD | | |
USD | |
| At Cost: | |
- | | |
- | | |
- | | |
- | |
| Customer relationships | |
| 1,944,044 | | |
| 1,944,044 | | |
| 1,944,044 | | |
| 1,511,816 | |
| Software | |
| 271,693 | | |
| 473,356 | | |
| 567,986 | | |
| 441,703 | |
| Research and development | |
| 885,675 | | |
| 1,024,638 | | |
| 1,024,638 | | |
| 796,825 | |
| Less: accumulated impairment | |
| - | | |
| (113,707 | ) | |
| (113,707 | ) | |
| (88,426 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Less: accumulated amortization | |
| (123,848 | ) | |
| (906,821 | ) | |
| (1,585,610 | ) | |
| (1,233,074 | ) |
| Intangible Assets, net | |
| 2,977,564 | | |
| 2,421,510 | | |
| 1,837,351 | | |
| 1,428,844 | |
|
| Schedule of Estimated Amortization Expense |
Estimated amortization expense for each of the next five years:
| | |
$ | |
| 2026 | |
| (695,422 | ) |
| 2027 | |
| (695,422 | ) |
| 2028 | |
| (373,914 | ) |
| 2029 | |
| (53,667 | ) |
| 2030 | |
| (18,926 | ) |
| | |
| (1,837,351 | ) |
|