Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 245

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 245
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 Company’s operations are conducted in the Republic of Vietnam, Malaysia, Indonesia and United States. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environment in the Indonesia, Vietnam, Thailand, Philippines and United States, and by the general state of the Vietnam, Thailand, Indonesia, Philippines and United States economy.

The Company’s operations in Republic of Vietnam, Malaysia and Indonesia 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.There is not any obligation or liability including contingent obligation or liability, to the extent that it is not fully reflected in the financial statements.

The Company’s results may be adversely affected by changes in the political and social conditions in the Vietnam and Malaysia, 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 15 — SEGMENT INFORMATION

ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance.

The Company’s chief operating decision maker has been identified as the Chief Financial Officer (“CODM”), who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one reportable segment.

When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews general and administrative expenses which are included in the accompanying statements of operations to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

NOTE 16 — COMMITMENTS AND CONTINGENCIES

There is not any obligation or liability including contingent obligation or liability, to the extent that it is not fully reflected in the financial statements.

NOTE 17 —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 financial statements are issued, the Company has evaluated all events or transactions that occurred after September 30December 31, 2024, up through November