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Consolidated Statements of Income and Comprehensive Income (Loss)
$ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2024
SGD ($)
$ / shares
shares
Dec. 31, 2023
SGD ($)
$ / shares
shares
Dec. 31, 2022
SGD ($)
$ / shares
shares
Income Statement [Abstract]        
Revenues $ 14,111 $ 19,279 $ 18,032 $ 18,631
Cost of revenues (10,310) (14,085) (13,666) (13,503)
Gross profit 3,801 5,194 4,366 5,128
Operating expenses:        
Selling and marketing expenses (89) (122) (53) (27)
General and administrative expenses (3,733) (5,102) (3,303) (3,337)
Total operating expenses (3,822) (5,224) (3,356) (3,364)
Income (loss) from operations (21) (30) 1,010 1,764
Other income (loss):        
Other income 786 1,073 728 542
Interest expense (378) (516) (511) (336)
Other expense (193) (264) (597) (545)
Change in fair value in financial instrument 14 19 2
Total other (loss) income 229 312 (380) (337)
Income before tax expense 208 282 630 1,427
Income tax expense (183) (250) (111) (235)
Net income 25 32 519 1,192
Other comprehensive income        
Foreign currency translation gain/ (loss), net (20) (27) (69) 2
Total comprehensive income $ 5 $ 5 $ 450 $ 1,194
Net income per share attributable to ordinary shareholders        
Basic | (per share) $ 0.00 $ 0.00 $ 0.10 $ 0.25
Diluted | (per share) $ 0.00 $ 0.00 $ 0.10 $ 0.25
Weighted average number of ordinary shares used in computing net income per share        
Basic, Shares 5,100,365 5,100,365 5,006,666 4,697,722
Diluted,Shares 5,100,365 5,100,365 5,006,666 4,697,722