v3.26.1
Interim Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)
$ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2026
USD ($)
$ / shares
shares
Jun. 30, 2026
SGD ($)
$ / shares
shares
Jun. 30, 2025
SGD ($)
$ / shares
shares
Income Statement [Abstract]      
Revenues $ 1,580 $ 2,045 $ 2,162
Cost of revenues (1,236) (1,599) (1,538)
Gross profit 344 446 624
Operating expenses      
Selling and distribution expenses (229) (296) (205)
General and administrative expenses (2,770) (3,586) (763)
Total operating expenses (2,999) (3,882) (968)
Loss from operations (2,655) (3,436) (344)
Other income (expense)      
Interest income 16 20 [1]
Interest expense (5) (6) (11)
Government grants 10 12 91
Rental income 12 16 16
Total other income, net 33 42 96
Loss before income tax (2,622) (3,394) (248)
Income tax benefit 7 9
NET LOSS (2,615) (3,385) (248)
Other comprehensive income      
Foreign currency adjustments 12 5
TOTAL COMPREHENSIVE INCOME $ (2,603) $ (3,380) $ (248)
Basic | (per share) $ (2.83) $ (3.66) $ (30.26)
Diluted | (per share) $ (2.83) $ (3.66) $ (30.26)
Basic [2] 924,803 924,803 8,197
Diluted [2] 924,803 924,803 8,197
[1] Below S$1,000/US$1,000
[2] Retrospectively presented for the effect of (i) the issuance of 1 ordinary share on February 15, 2024 in preparation of the Company’s initial public offering, (ii) the 1:200 share subdivision and 5,000,000 share surrender approved on October 2, 2024, (iii) the 15 for 1 reverse share split effected on February 12, 2026, and (iv) the 30 for 1 reverse share split effected on May 4, 2026.