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

6 Intangible assets

 

  

As of

December 31, 2025

  

As of

June 30, 2026

  

As of

June 30, 2026

 
   S$   S$   US$ 
             
Software development costs   4,930,690    4,930,690    3,810,131 
Accumulated amortization   (1,655,604)   (2,122,440)   (1,640,090)
Intangible assets, net of accumulated amortization   3,275,086    2,808,250    2,170,041 

 

 

SIMPPLE LTD. AND ITS SUBSIDIARIES

NOTES TO UNAUDITED INTERIM CONDENSED CONSOLIDATED

FINANCIAL STATEMENTS

 

6 Intangible assets (cont’d)

 

Based on the carrying value of definite-lived intangible assets as of June 30, 2026, the Company estimates its amortization expense for following periods will be as follows:

 

   Amortization expense 
    S$ 
Six months ending December 31, 2026   466,835 
Year ending December 31, 2027   877,791 
Year ending December 31, 2028   668,082  
Year ending December 31, 2029   506,688 
Year ending December 31, 2030   288,854 
Total amortization expense   2,808,250 

 

Amortization expense of intangible assets for the six months ended Jun 30, 2026 is S$466,836 (US$360,742).