Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 120

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 120
---

the Vietnam economy.

The
Company’s operations in the Vietnam and India are subject to special considerations and significant risks not typically associated
with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal
environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political and social
conditions in Vietnam and India, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures,
currency conversion, remittances abroad, and rates and methods of taxation.

NOTE
– 18 COMMITMENTS AND CONTINGENCIES

As
of September 30, 2025, the Company had no material commitments or contingencies.

NOTE
– 19 SUBSEQUENT EVENTS 

In
accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure
of events that occur after the balance sheet date but before unaudited condensed financial statements are issued, the Company has evaluated
all events or transactions that occurred after September 30, 2025, up through November 14, 2025, the Company issued the unaudited condensed
consolidated financial statements.

On
October 21, 2025, the Company’s 99% owned subsidiary, Nusatrip International Pte. Ltd. (“NIPL”),   incorporated
Nusatrip Flight Limited (“NFHK”) for HK$780,000, under the laws of the Hong Kong Special Administrative Region of the People’s
Republic of China, and both engaged in online ticketing and reservation services.

34

Item
2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The
information contained in this quarter report on Form 10-Q is intended to update the information contained in our Form 10-K, dated September
30, 2025, for the year ended December 31, 2024 and presumes that readers have access to, and will have read, the “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” and other information contained in such Form 10-K. The
following discussion and analysis also should be read together with our unaudited condensed consolidated financial statements and the
notes to the unaudited condensed consolidated financial statements included elsewhere in this Form 10-Q.

The
following discussion contains certain statements that may be deemed “forward-looking statements” within the meaning of the
Private