Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 76

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 76
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 ended December 31, 20222023. The decrease in netshift form profitability toloss is primarilymainly attributable to the increase in gross profit, decrease in general and administrative expensessignificant reduction in revenue as explained earlier.

Liquidity and Capital Resources

Liquidity and Capital Resources

As of December 31, 20232024,
we had cash and cash equivalents of $6,934,107575,447 and working capital deficit of $5,639,8866,005,394.
For the year ended December 31, 20232024, the Company incurred net incomeloss of $787,09679,912
and net cash used inprovided by operating activities of $919,5646,396,754.

While the Company believes that it will be able to continue to grow the Company’s revenue base and control expenditures, there is no assurance it will be able to do so. The Company continually monitors its cash, capital structure and operating plans and evaluates various potential funding alternatives that may be needed in order to finance the Company’s business development activities, general and administrative expenses and growth strategy. We expect to continue to rely on cash generated through financing from public offerings or private offerings of our or one or more of our subsidiaries’ securities, to finance our operations and future acquisitions. The Company believes that it has sufficient liquidity to continue its current business plans and operations for more than one year.

Cash Flows

The following table sets forth a summary of our cash flows for the three and

While the Company believes that it will be able to continue to grow the Company’s revenue base and control expenditures, there is no assurance it will be able to do so. The Company continually monitors its cash, capital structure and operating plans and evaluates various potential funding alternatives that may be needed in order to finance the Company’s business development activities, general and administrative expenses and growth strategy. We expect to continue to rely on cash generated through financing from public offerings or private offerings of our or one or more of our subsidiaries’ securities, to finance our operations and future acquisitions. The Company believes that it has sufficient liquidity to continue its current business plans and operations for more than one year.

Cash Flows

year

Thefollowing table sets forth a summary of our cash flows for the years ended December 31, 20232024
and 20222023:

|                                                                               |     | Year Ended        
 December 31, 2023 
 2024              |                     |   |     | 2023 |                   |