v3.26.1
Consolidated Statements of Cash Flows
 12 Months Ended
Dec. 31, 2025
SGD ($)
Dec. 31, 2024
SGD ($)
Dec. 31, 2023
SGD ($)
Cash flows from operating activities      
Loss before tax $ (6,646,931) $ (5,507,764) $ (2,094,169)
Adjustments for:      
Depreciation of plant and equipment 63,557 55,754 207,649
Amortization of intangible asset 231,709 231,710 217,124
Provision for/(reversal of) expected credit loss 5,166 (2,110) 26,049
Bad debt written off 9,068 227,067
Interest income (73,571) (1) (6,467)
Interest expense 14,116 3,150 9,414
Exchange loss 222,737
Loss on disposal of plant and equipment 533
Share-based payment expenses 2,793,413 3,606,000
Written-off of plant and equipment 166 53,295 1,731
Operating cash flows before working capital changes (3,389,638) (1,550,365) (1,411,602)
Changes in working capital:      
Trade and other receivables (143,028) 304,442 1,254,933
Contract assets 8,356 1,289 349,562
Trade and other payables (151,059) 177,495 (134,208)
Cash (used in)/generated from operations (3,675,369) (1,067,139) 58,685
Interest received 73,571 1 6,467
Income tax paid (27,850) (5,214)
Net cash (used in)/generated from operating activities (3,629,648) (1,067,138) 59,938
Cash flows from investing activities      
Proceeds from disposal of plant and equipment 4,819
Purchase of plant and equipment (74,142) (2,145)
Capitalization of intangible assets (247,087)
Net cash (used in)/generated from investing activities (74,142) 4,819 (249,232)
Cash flows from financing activities      
Proceeds from exercise of share options 171 791
Proceeds from issuance of shares 12,796,056 641,510 335,085
Loan from a shareholder 737,951 337,566
Repayment to a shareholder (1,054,705)
Interest paid (2,651) (1,706) (9,414)
Repayment of principal portion of lease liabilities (24,308) (54,060) (153,757)
Net cash generated from financing activities 12,452,514 924,101 171,914
Net increase/(decrease) in cash and cash equivalents 8,748,724 (138,218) (17,380)
Effect of exchange rate changes on cash and cash equivalents (236,961) 6,693 (1,663)
Cash and cash equivalents as at January 1 66,184 197,709 216,752
Cash and cash equivalents as at December 31 $ 8,577,947 $ 66,184 $ 197,709