v3.26.1
Consolidated Statements of Cash Flows
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2025
SGD ($)
Dec. 31, 2024
SGD ($)
Dec. 31, 2023
SGD ($)
Dec. 31, 2022
SGD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net loss $ (3,477,124) $ (4,471,234) $ (8,647,599) $ (1,307,693) $ 1,987,887
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation and amortization 332,275 427,273 277,951 288,766  
Loss on disposal of property and equipment 1,223 1,573  
Principal payment of operating lease (467)  
Unrecognized deferred tax asset 161,000  
Adjustment to Opening Deferred Tax Asset 23,602 30,350  
Revaluation of Investment in Evvolutions LeadTech Inc. (2,247,453) (2,890,000)  
Fees paid to Maxim for share issuance 1,348,677  
Foreign currency translation (466,211) (599,501) 64,928  
Change in operating assets and liabilities:          
Account receivables (510,600) (656,580) 341,433 1,785,119  
Contract assets 55,355 71,181 326,317 (436,852)  
Other current assets and advance to suppliers 3,097,462 3,983,026 (4,495,713) 2,017  
Deposits (205,977) (264,866) 3,210 22,425  
Account payables 21,900 28,161 15,155 (32,823)  
Accruals and other payables 355 456 151,336 62,660  
Contract liabilities (176,375) (226,800) 538,024 (1,390,629)  
Net cash used in   operating activities (3,551,568) (4,566,961) (9,915,281) (1,007,477)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchase of property and equipment (292,068) (375,571) (37,263) (18,914)  
Additions in intangible assets (8,561) (11,008) (397,256) (43,272)  
Purchase of equity security (1,000,000)  
Net cash used in investing activities (300,629) (386,579) (1,434,519) (62,186)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Repayments of borrowings (199,794) (256,915) (245,623) (214,208)  
Proceeds from borrowings 500,000  
Net movements in deferred offering expenses (157,539)  
Net movements in amounts due from related parties 429 (429)  
Net movements in amounts due to directors 23,952 30,800 11 (31,365)  
Proceeds from sale of public units through public offering 16,084,140  
Proceeds from issuance of over-allotment shares 2,609,307    
Net cash (used in) provided by from financing activities (175,842) (226,115) 18,448,264 96,459  
Effects of exchange rate changes on cash, cash equivalents and restricted cash 40,198  
Net changes in cash and cash equivalents (4,028,039) (5,179,655) 7,098,464 (933,006)  
Cash and cash equivalents - beginning of year 6,350,177 8,165,692 1,067,228 2,000,234  
Cash and cash equivalents - end of year 2,322,138 2,986,037 8,165,692 1,067,228 $ 2,000,234
SUPPLEMENTAL CASH FLOW INFORMATION:          
Cash paid for income tax 76,993 99,005 8,304  
Cash paid for interest 18,397 23,657 34,902 36,616  
SUPPLEMENTAL DISCLOSURE OF NON-CASH OPERATING AND FINANCING ACTIVITIES:          
Fees paid to Maxim with share issuance 1,348,677  
Right-of-use assets obtained in exchange for operating lease liabilities 1,081,074 1,390,153  
Revaluation of Investment in Evvolutions LeadTech Inc. $ (2,247,453) $ (2,890,000)