| Schedule of contract assets and contract liabilities |
Schedule
of contract assets and contract liabilities
Contract
assets:
| | |
2024 | | |
2025 | | |
2025 | |
| | |
As
of December, 31 | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
S$ | | |
S$ | | |
US$ | |
| | |
| | |
| | |
| |
| Balance
- beginning of the year | |
| 462,563 | | |
| 136,246 | | |
| 105,954 | |
| Contract assets
- beginning of the year | |
| 462,563 | | |
| 136,246 | | |
| 105,954 | |
| Increase
resulting from satisfaction of performance obligations | |
| 1,514,420 | | |
| 1,018,368 | | |
| 791,950 | |
| Less:
progress billings | |
| (1,840,737 | ) | |
| (1,089,547 | ) | |
| (847,303 | ) |
| | |
| | | |
| | | |
| | |
| Balance
- end of the year | |
| 136,246 | | |
| 65,065 | | |
| 50,599 | |
| Contract assets - end of the year | |
| 136,246 | | |
| 65,065 | | |
| 50,599 | |
Contract
liabilities:
| |
|
2024 |
|
|
2025 |
|
|
2025 |
|
| |
|
As
of December, 31 |
|
| |
|
2024 |
|
|
2025 |
|
|
2025 |
|
| |
|
S$ |
|
|
S$ |
|
|
US$ |
|
| |
|
|
|
|
|
|
|
|
|
| Balance
- beginning of the year |
|
|
602,475 |
|
|
|
1,140,499 |
|
|
|
886,927 |
|
| Contract liabilities
- beginning of the year |
|
|
602,475 |
|
|
|
1,140,499 |
|
|
|
886,927 |
|
| Advances
from customers |
|
|
1,871,053
|
|
|
|
1,412,632 |
|
|
|
1,098,555 |
|
| Revenue
recognized during the year |
|
|
(1,333,029 |
) |
|
|
(1,639,432 |
) |
|
|
(1,274,930 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Balance
- end of the year |
|
|
1,140,499 |
|
|
|
913,699 |
|
|
|
710,552 |
|
| Contract liabilities
- end of the year |
|
|
1,140,499 |
|
|
|
913,699 |
|
|
|
710,552 |
|
|
| Schedule of revenue recognized from service provided and the performance obligations |
Schedule
of revenue recognized from service provided and the performance obligations
| | |
20261 | | |
20271 | | |
Total0 | |
| | |
2026 | | |
2027 | | |
Total | |
| Remaining
performance obligations (S$) | |
| | | |
| | | |
| | |
| Packaged
subscription, license, software and hardware for solution | |
| | | |
| | | |
| | |
| -
Third party licenses (a) | |
| 242,386 | | |
| 27,840 | | |
| 270,226 | |
| - Subscription
of No-Code platform and mobile application (b) | |
| 22,990 | | |
| - | | |
| 22,990 | |
| Services
and license support (c) | |
| 380,100 | | |
| 62,448 | | |
| 442,548 | |
| | |
| 645,476 | | |
| 90,288 | | |
| 735,764 | |
| Remaining
performance obligations (US$) | |
| | | |
| | | |
| | |
| Packaged
subscription, license, software and hardware for solution | |
| | | |
| | | |
| | |
| - Third
party licenses (a) | |
| 188,494 | | |
| 21,650 | | |
| 210,144 | |
| - Subscription
of No-Code platform and mobile application (b) | |
| 17,879 | | |
| - | | |
| 17,879 | |
| Services
and license support (c) | |
| 295,591 | | |
| 48,564 | | |
| 344,155 | |
| | |
| 501,964 | | |
| 70,214 | | |
| 572,178 | |
| |
(a) |
Advances
from customers but packaged subscription, license, software or hardware for solution have not delivered to customer yet as of December
31, 2025. |
| |
(b) |
The
remaining subscription period of No-Code platform and mobile application sold as of December 31, 2025 . |
| |
(c) |
The
remaining performance obligations for professional services or support pursuant to services or support contracts have yet to be
rendered pursuant to the ongoing projects. |
|