v3.26.1
Consolidated Balance Sheets
Dec. 31, 2025
USD ($)
Dec. 31, 2025
SGD ($)
Dec. 31, 2024
SGD ($)
Current assets      
Cash and cash equivalents $ 2,423,760 $ 3,117,682 $ 116,472
Accounts receivable, net 14,163 18,218 26,389
Deferred costs 1,272,202
Other assets 3,076,687 3,957,542 146,152
Inventories 1,730
Total current assets 5,699,428 7,331,174 1,656,030
Noncurrent assets      
Property and equipment, net 60,270 77,525 58,065
Right-of-use assets 246,229 316,725 30,940
Other assets 605,748 779,173
Investments at equity
Total noncurrent assets 912,247 1,173,423 89,005
TOTAL ASSETS 6,611,675 8,504,597 1,745,035
Current liabilities      
Accounts payable, net 915 1,177
Accruals and other payables 23,809 30,626 323,971
Bank loans, current 30,108 38,728 55,250
Lease liabilities, current 85,698 110,233 35,812
Total current liabilities 2,421,996 3,115,414 6,041,029
Noncurrent liabilities      
Bank loans, non-current 98,112 126,201 163,728
Lease liabilities, non-current 161,359 207,557
Total noncurrent liabilities 259,471 333,758 163,728
TOTAL LIABILITIES 2,681,467 3,449,172 6,204,757
COMMITMENTS AND CONTINGENCIES  
SHAREHOLDERS’ EQUITY (DEFICIT)      
Additional paid in capital 10,816,122 13,912,778 78,722
Accumulated deficit (7,179,118) (9,234,500) (4,561,053)
Accumulated other comprehensive (loss)/ income 271,115 348,542 (1,594)
Total shareholders’ equity (deficit) 3,930,208 5,055,425 (4,459,722)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) 6,611,675 8,504,597 1,745,035
Common Class A [Member]      
SHAREHOLDERS’ EQUITY (DEFICIT)      
Ordinary shares, value 7,365 9,666 [1] 5,264 [1]
Common Class B [Member]      
SHAREHOLDERS’ EQUITY (DEFICIT)      
Ordinary shares, value 14,724 18,939 18,939 [1]
Related Party [Member]      
Current assets      
Amount due from related parties 184,818 237,732 93,085
Current liabilities      
Amount due to related parties $ 2,281,466 $ 2,934,650 $ 5,625,996
[1] Retroactively restated to give effect to a share consolidation at a ratio of 1:8 ordinary shares effective on May 27, 2026.