Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 155

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 2
Chunk 155
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,665,910 and operating lease liabilities
of $67,359, partially offset by depreciation and amortization of $30,419, accounts payable of $6,956,385, inventories of $22,196 and
right of use assets of $65,743.

For
the six months ended June 30, 2024, net cash used in operating activities was $315,802, which consisted primarily of a net loss before
income taxes of $444,489, accrued liabilities and other payables of $1,131,318, operating lease liabilities of $67,747, partially offset
by depreciation and amortization of $55,669, deferred tax assets of $9,222, accounts receivable of $133,684, inventories of $93,711,
deposits, prepayments and other receivables of $343,954, contract liabilities of $600,235,accounts payable of $27,743, advances to relayed
parties of $4,462 and right of use assets of $59,072.

We
expect to continue to rely on cash generated through financing from public offerings or private offerings of our or one or more of our
subsidiaries’ securities, to finance our operations and future acquisitions.

44

Net
Cash Used In Investing Activities.

For
the six months ended June 30, 2025, there was a net cash outflow of $4,884, which consist cash used in purchase of plant and equipment
of $4,884.

For
the six months ended June 30, 2024, there was no cash movement.

Net
Cash Provided by (Used in) Financing Activities.

For
the six months ended June 30, 2025, net cash provided by financing activities was $1,600,002 from the issuance of common stock to convertible
note holders.

For
the six months ended June 30, 2024, there was no cash movement.

Material
Cash Requirements

Our
cash requirements consist primarily of day-to-day operating expenses, capital expenditures and contractual obligations with respect to
banking facilities and other operating leases. We lease all our office facilities. We expect to make future payments on existing leases
from cash generated from operations. We have limited credit available from our major vendors and are obligated to settle the purchase
invoices and repay the contractual bank loans in a punctual manner, which further constrains our cash liquidity.

We
believe that we have sufficient working capital for