Company: NUTR
Filing Date: 2025-05-23
Form Type: S-1/A
Source: 0001641172-25-012203
Chunk: 182

Company: NUSATRIP Inc
Filing Date: 2025-05-23
Form: S-1/A
Chunk 182
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 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 consolidated net income which is included in the accompanying
condensed carve-out combines and consolidated 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 December 31, 2024,
up through March 18, 2025, the Company issued the carve-out combined and consolidated financial statements.

On October 18, 2024, we entered into a securities
purchase agreement with the Selling Stockholders. Pursuant to securities purchase agreement, on October 18, 2024, we will convertible
notes (the “Convertible Notes”) to the Selling Stockholders with an aggregate principal amount of $1,600,002 (the “Convertible
Notes Offering”). Pursuant to the amendments to the securities purchase agreement for Convertible Notes dated November 13, 2024,
entered by the Company and the investors, the Convertible Notes shall automatically convert into shares of our common stock upon the effectiveness
of the registration statement at the conversion price of $1.50 per share. We are obligated to pay interest to the Selling Stockholders