Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 96

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 8
Chunk 96
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ffect the Company’s business, financial position, and results of operations or cash flows if the current level of facts and circumstances
changes in the future.

    ●
    Fair
    value measurement

The
Company follows the guidance of the ASC Topic 820-10, Fair Value Measurements and Disclosures (“ASC Topic 820-10”), with
respect to financial assets and liabilities that are measured at fair value. ASC Topic 820-10 establishes a three-tier fair value hierarchy
that prioritizes the inputs used in measuring fair value as follows:

    Level
    1
    Inputs
    are based upon unadjusted quoted prices for identical instruments traded in active markets;

    Level
    2
    Inputs
    are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets
    that are not active, and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs
    are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
    Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable
    inputs; and

    Level
    3
    Inputs
    are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in
    pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models
    and discounted cash flow models.

The
carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents including restricted cash, accounts receivable,
deposits and other receivables, accounts payable, accrued liabilities and other payables, contract liabilities and
amounts due from/ to related parties, approximate their fair values because of the short maturity of these instruments.

    22

    ●
    Recent
    Accounting Pronouncements

From
time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard
setting bodies and adopted by the Company as of the specified effective date.

In
November 2023, the FASB issued ASU No 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU
2023-07”). ASU 2023-07 expands disclosures about a public entity’s reportable segments and requires more enhanced information