Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 100

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 100
---
 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.

In accordance with the guidance in ASC 842, components
of a lease should be split into three categories: lease components (e.g. land, building, etc.), non-lease components (e.g. common area
maintenance, consumables, etc.), and non-components (e.g. property taxes, insurance, etc.). Subsequently, the fixed and in-substance fixed
contract consideration (including any related to non-components) must be allocated based on the respective relative fair values to the
lease components and non-lease components.

When a lease is terminated before the expiration of
the lease term, irrespective of whether the lease is classified as a finance lease or an operating lease, the lessee would derecognize
the ROU asset and corresponding lease liability. Any difference would be recognized as a gain or loss related to the termination of the
lease. Similarly, if a lessee is required to make any payments or receives any consideration when terminating the lease, it would include
such amounts in the determination of the gain or loss upon termination.

| 53 |

As of September 30, 2024 andDecember
31, 2024 and2023, the Company recognized the right of use assets of $154,414115,142 and $243,733, respectively.

● Retirement Plan Costs

Contributions to retirement plans (which are defined
contribution plans) are charged to general and administrative expenses in the accompanying consolidated statements of operation as the
related employee service is provided.

● Related Parties

The Company follows the ASC Topic 850-10, “Related Party” for the identification of related parties and disclosure of related party transactions.

Pursuant to section 850-10-20 the related parties
include: a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election
of the fair value option under the Fair Value Option Subsection of section 825-10-15, to be accounted for by the equity method by the
investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship
of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one
party controls or can significantly influence the management or operating