Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 110

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 8
Chunk 110
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(a)
Major customers

For
the three and six months ended June 30, 2025 and 2024, respectively, the customers who accounted for 10% or more of the Company’s
revenues and its outstanding receivable balances at period-end dates, are presented as follows:

    For the Three Months Ended  

    June 30, 2025  
    June 30, 2025 

    Percentage of  
    Accounts

    Customer 
    Revenue  
    revenues  
    receivable

    Customer A 
    $247,699  
     24.94% 
    $—

    Customer B 
    $300,000  
     30.21% 
    $—

    Customer C 
    $250,000  
     25.18% 
    $—

    For the Six Months Ended  

    June 30, 2025  
    June 30, 2025 

    Percentage of  
    Accounts

    Customer 
    Revenue  
    revenues  
    receivable

    Customer A 
    $423,382  
     33.18% 
    $—

    Customer B 
    $300,000  
     23.51% 
    $—

    Customer C 
    $250,000  
     19.59% 
    $—

    35

    For the Three Months Ended  

    June 30, 2024  
    June 30, 2024 

    Percentage of  
    Accounts

    Customer 
    Revenue  
    revenues  
    receivable

    Customer A 
    $53,710  
     9.93% 
    $—

    For the Six Months Ended  

    June 30, 2024  
    June 30, 2024 

    Percentage of  
    Accounts

    Customer 
    Revenue  
    revenues  
    receivable

    Customer A 
    $20,278  
     11.69% 
    $—

(b)
Credit risk

Financial
instruments that are potentially subject to credit risk consist principally of trade receivables. The Company believes the concentration
of credit risk in its trade receivables is substantially mitigated by its ongoing credit evaluation process and relatively short collection
terms. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for doubtful