Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 198

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 198
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. Operating leases are included in the right-of-use lease assets, other current liabilities and long-term lease liabilities on the Carve-out Combined Consolidated Balance Sheet. Right-of-use assets and lease liabilities are recognized at each lease’s commencement date based on the present values of its lease payments over its respective lease term. When a borrowing rate is not explicitly available for a lease, the Company’s incremental borrowing rate is used based on information available at the lease’s commencement date to determine the present value of its lease payments. Operating lease payments are recognized on a straight-line basis over the lease term. The Company had no financing leases as of September 30, 2024 and December 31, 2023.

Other supplemental information about the Company’s operating lease as of:

|                                               |     |     | September 
       30, 
      2024 |   |     |     | December 
      31, 
     2023 |   |
|:----------------------------------------------|:----|:----|----------:|:--|:----|:----|---------:|:--|
| Weighted average discount rate                |     |     |      7.24 | % |     |     |     6.45 | % |
| Weighted average remaining lease term (years) |     |     |      1.26 |   |     |     |     2.33 |   |

The Company excluded short-term leases (those with lease terms of less than one year at inception) from the measurement of lease liabilities or right-of-use assets. The following tables summarize the lease expense, as follows:

|                                  |     | 2024 |          Nine 
  months ended 
 September 30, |     | 2023 |         |     | 2023 |      Year 
     ended 
 December, |
|:---------------------------------|:----|:-----|--------------:|:----|:-----|--------:|:----|:-----|----------:|
| Operating lease expense (per ASC 
 842)                             |     | $    |        89,222 |     | $    |  75,672 |     | $    |   105,730 |
| Short-term lease expense         
 (other than ASC 842)             |     |      |        21,281 |     |      |  39,586 |     |      |    52,575 |
| Total lease expense              |     | $    |       110,