Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 235

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 235
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316 |   |     |   |        6,220 |   |
|                                |     |         |             |   |       605,229 |   |     |   |      596,059 |   |
| Less: accumulated amortization |     |         |             |   |      (557,785 | ) |     |   |     (530,268 | ) |
|                                |     |         |             | $ |        47,444 |   |     | $ |       65,791 |   |

Amortization of intangible assets was $6,160 and $6,453 for the three months ended September 30, 2024 and 2023, respectively.

Amortization of intangible assets was $18,479 and $19,359 for the nine months ended September 30, 2024 and 2023, respectively.

Amortization of intangible assets was $25,812 for the year ended December 31, 2023.

None of the above amortization was recognised under cost of revenue.

| F-39 |

| Table of Contents |

<div align='center'>NUSATRIP INCORPORATED
NOTES TO CARVE-OUT COMBINED AND CONSOLIDATED FINANCIAL STATEMENTS
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023
(Currency expressed in United States Dollars (“US$”))</div>

NOTE 7 — LEASES

The Company has entered into commercial operating leases for office space. Operating leases are included in the right-of-use lease assets, other current liabilities and long-term lease liabilities on the Carve-out Combined Consolidated Balance Sheet. Right-of-use assets and lease liabilities are recognized at each lease’s commencement date based on the present values of its lease payments over its respective lease term. When a borrowing rate is not explicitly available for a lease, the Company’s incremental borrowing rate is used based on information available at the lease’s commencement date to determine the present value of its lease payments. Operating lease payments are recognized on a straight-line basis over the lease term. The Company had no financing leases as of September 30, 2024 and December 31, 2023.

Other supplemental information about the Company’s operating lease as of:

|                                               |     |     | September 30, 
          2024 |   |     |     | December 31, 
         2023 |