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Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

Intangible assets, stated at cost less accumulated amortization, consisted of the following:

Schedule of intangible assets 

		December 31, 2023				June 30, 2024				June 30, 2024
		SGD				SGD				USD
Beginning of Period			-				-				-
Customer relationships			1,944,044				1,944,044				1,434,507
Software			271,693				292,090				215,533
Research and development			885,675				1,024,637				756,078
Intangible assets, gross			-				-				-
Less: accumulated amortization			(123,848	)			(389,447	)			(287,372	)
End of Period			2,977,564				2,871,324				2,118,746

Schedule of estimated amortization expenses

Estimated amortization expense for each of the next five years:

Schedule of estimated amortization expenses 

		$
For the six months ended December 31, 2024			(417,306	)
For the years ended December 31, 2025			(682,907	)
2026			(682,907	)
2027			(597,322	)
2028			(490,882	)
Total			(2,871,324	)

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- References

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- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

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