Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 181

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 2
Chunk 181
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    $(483,077)
  
    Weighted average common shares
    outstanding – Basic and diluted 
     9,075,974  
     4,117,350 
  
    Net loss per share –
    Basic and diluted 
    $(0.06) 
    $(0.12)

51

    ●
    Leases

The
Company adopted ASC Topic 842, “Leases” (“ASC 842”) to determine if an arrangement is a lease at inception. Operating
leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in the consolidated balance
sheets. Finance leases are included in property and equipment, other current liabilities, and other long-term liabilities in the consolidated
balance sheets.

ROU
assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation
to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on
the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company
generally use the incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term
of the lease payments at commencement date. The operating lease ROU asset also includes any lease payments made and excludes lease incentives.
The lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that
option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.

The
Company adopted ASC Topic 842, “Leases” (“ASC 842”) to determine if an arrangement is a lease at inception. Operating
leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in the consolidated balance
sheets. Finance leases are included in property and equipment, other current liabilities, and other long-term liabilities in the consolidated
balance sheets.

ROU
assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation
to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on
the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company
generally use the incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term
of the lease payments at commencement date.