v3.26.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Stock-Based Compensation [Abstract]  
Schedule of Fair Value of Options Granted

The fair value of options granted was determined using the following weighted-average assumptions as of grant date.

 

   2023 
     
Risk-free interest rate   3.93%
Illiquidity Discount   30%
Expected stock price volatility   62.3%
Dividend yield   
-
%
Schedule of Activity in 2024 Equity Incentive Plan

A summary of the activity in the 2023 Equity Incentive Plan follows:

  

Options

Shares

   Weighted Average Exercise Price   Weighted Average Remining Contractual Term (Year)   Aggregate Intrinsic Value 
       USD       USD 
Outstanding at beginning of year   1,025,527    1.67    9.3    429,388 
Granted   
-
    
-
    -    
-
 
Exercised   24,513    0.01    -    16,401 
Forfeited or expired   138,329    1.94    -    30,866 
Outstanding at end of year   862,685    1.67    9.0    382,121 
Fully vested and expected to vest   862,685    1.67    9.0    382,121 
Exercisable at end of year of 2024   862,685    1.67    9.0    382,121 
  

Options

Shares

   Weighted Average Exercise Price   Weighted Average Remining Contractual Term (Year)   Aggregate Intrinsic Value 
       USD       USD 
Outstanding at beginning of year   862,685    1.67    9.0    382,121 
Granted   
-
    
-
    -    
-
 
Exercised   
-
    
-
    -    
-
 
Forfeited or expired   
-
    
-
    -    
-
 
Outstanding at end of year   862,685    1.67    9.0    382,121 
Fully vested and expected to vest   862,685    1.67    9.0    382,121 
Exercisable at end of year of 2025   862,685    1.67    9.0    382,121 
Schedule of Information Related to the Stock Option Plan

Information related to the stock option plan during each year follows:

 

   2023   2024   2025 
   USD   USD   USD 
Intrinsic value of options exercised   -    16,401    
-
 
Intrinsic value of options expired/forfeited   
-
    30,866    
-
 
Cash received from option exercises   
-
    300    
-
 
Tax benefit from option exercises   
-
    
-
    
-
 
Weighted average fair value of options granted   429,388    429,388    429,388 
Schedule of Information Related to the Stock Award

Information related to the stock award during each year follows:

 

   2025   2025   2025 
   Shares   Value of Shares
(SGD)
   Value of Shares
(USD)
 
Share award issued   
-
    
-
    
-
 

 

   2024   2024   2024 
   Shares   Value of Shares
(SGD)
   Value of Shares
(USD)
 
Share award issued   182,432    93,389    68,357