Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 119

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 119
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30, 2024 

    Percentage
    of  
    Accounts 
  
    Customer 
    Revenue  
    revenues  
    receivable 
  
    Customer
    A 
    $64,026  
     36.91% 
    $— 

    For
    the Nine Months Ended
    September 30, 2024  
    As
    of 
    September 30, 2024 

    Percentage
    of  
    Accounts 
  
    Customer 
    Revenue  
    revenues  
    receivable 
  
    Customer
    A 
    $138,014  
     15.55% 
    $— 

(b)
Credit risk

Financial
instruments that are potentially subject to credit risk consist principally of cash and cash equivalents, trade receivables,
amount due from related parties and other receivables. The Company believes the concentration of credit risk in its financial instruments
 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 accounts based upon factors
affecting the credit risk of specific customers, historical trends and other information.

(c)
Exchange rate risk

The
reporting currency of the Company is US$, to date the majority of the revenues and costs are denominated in VND, SGD, CNY, HKD, IDR and
MYR and a significant portion of the assets and liabilities are denominated in VND, SGD, CNY, HKD, IDR and MYR. As a result, the Company
is exposed to foreign exchange risk as its revenues and results of operations may be affected by fluctuations in the exchange rate between
US$ and VND, SGD, CNY, HKD, IDR and MYR. If VND, SGD, CNY, HKD, IDR and MYR depreciate against US$, the value of VND, SGD, CNY, HKD,
IDR and MYR revenues and assets as expressed in US$ financial statements will decline. The Company does not hold any derivative or other
financial instruments that expose to substantial market risk.

(d)
Economic and political risks

The
Company’s operations are conducted in the Republic of Vietnam. Accordingly, the Company’s business, financial condition and
results of operations may be influenced by the political, economic and legal environment in the Vietnam, and by the general state of