v3.26.1
Intangible assets, net
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets, net

 

5 Intangible assets, net

  

  

December 31,

2024

  

December 31,

2025

  

December 31,

2025

 
    S$’000    S$’000    US$’000 
                
Developed technology   3,692    4,290    3,336 
Others   5    5    4 
                
Total   3,697    4,295    3,340 
Less: accumulated amortization   (2,956)   (3,480)   (2,706)
                
Net book value   741    815    634 

 

Amortization expenses for the year ended December 31, 2025 and 2024 was S$524,000 (US$408,000) and S$484,000 respectively. The weighted average remaining useful life of developed technology is 2 years 3 months.

 

The Company’s estimated aggregate future amortization expenses for intangible assets subject to amortization as of December 31, 2025, as follows:

 

  

December 31,

2025

 
    S$’000 
      
Financial year ending 2026   459 
Financial year ending 2027 to 2028   378 

 

 

RYDE GROUP LTD

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS