v3.26.3
Intangible assets, net
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible assets, net

 

5 Intangible assets, net

  

  

December 31,

2025

  

June 30,

2026

  

June 30,

2026

 
   S$’000   S$’000   US$’000 
             
Developed technology   4,290    4,602    3,556 
Others   5    5    4 
Total   4,295    4,607    3,560 
Less: accumulated amortization   (3,480)   (3,760)   (2,905)
Net book value   815    847    655 

 

Amortization expense for the six months ended June 30, 2026 and 2025 was S$280,000 (US$216,000) and S$257,000, respectively. The weighted average remaining useful life of developed technology is 2 years.

 

The Company’s estimated aggregate future amortization expenses for intangible assets subject to amortization as of June 30, 2026 are as follows:

 

  

June 30,

2026

 
   S$’000 
     
July to December 2026   261 
Financial year ending 2027 to 2029   581