Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 69

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 69
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 months ended September 30, 2024, net cash used in operating activities was $2,751,743, which consisted primarily of a net loss of $487,948, adjusted by add back of bad debt written off of $33,883, depreciation of plant and equipment of $64,940, amortization of intangible assets of $18,479, depreciation of ROU of $89,319 and deduct deferred tax assets of $85,742, working capital provided by account receivables of $74,825, inventory of $119,630, deposits, prepayments and other receivables of $979,605, trade payables of $1,067,000, accrued liabilities and other payables of $302,506, and contract liabilities of $492,068, partially offset by working capital used in lease liabilities of $88,306.

For the nine months ended September 30, 2023, net cash used in operating activities was $1,161,885, which consisted primarily of a net loss of $122,957, adjusted by add back of depreciation of plant and equipment of $65,921, amortization of intangible assets of $19,359, depreciation of ROU of $75,672 and deduct deferred tax assets of $159,841, working capital used in account receivables of $928,578, inventory of $162,004, accrued liabilities and other payables of $1,259,577, contract liabilities of $139,869 and lease liabilities of $73,379, partially offset by working capital provided from deposits, prepayments and other receivables of $457,666, and trade payables of $1,065,702.

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Until we generate cash flows from operations, we expect to continue to rely on cash generated through financing from public offerings or private offerings by the Company or one or more of our subsidiaries’ securities, however, to finance our operations and future acquisitions.

Net Cash Used In Investing Activities.

For the nine months ended September 30, 2024 and 2023, there was a net cash outflow of $9,826 and $14,783 primarily as a result of the purchase of plant and equipment.

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