Company: NUTR
Filing Date: 2025-05-23
Form Type: S-1/A
Source: 0001641172-25-012203
Chunk: 69

Company: NUSATRIP Inc
Filing Date: 2025-05-23
Form: S-1/A
Chunk 69
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 than one year.

| 47 |

Cash Flows

The following table sets forth a summary of our cash flows for the three months ended March 31, 2025 and 2024:

|                                                     |     | Three Months Ended 
 March 31,          |       2025 |   |     |   |    2024 |   |
|:----------------------------------------------------|:----|:-------------------|-----------:|:--|:----|:--|--------:|:--|
| Net cash (used in) provided by operating activities |     | $                  | (2,242,823 | ) |     | $ |  52,367 |   |
| Net cash provided by financing activity             |     |                    |  1,600,002 |   |     |   |       — |   |
| Effect on exchange rate change                      |     |                    |   (276,352 | ) |     |   |  (6,275 | ) |
| Net change in cash and cash equivalents             |     |                    |   (919,173 | ) |     |   |  46,092 |   |
| Cash and cash equivalents at beginning of period    |     |                    |  6,988,007 |   |     |   | 670,547 |   |
| Cash and cash equivalents at end of period          |     | $                  |  6,068,834 |   |     | $ | 716,639 |   |

Net Cash (Used in) Provided by Operating Activities.

For the three months ended March 31, 2025, net cash used in operating activities was $2,242,823, which consisted primarily of a net loss of $540,313, adjusted by add back depreciation of plant and equipment of $9,172, amortization of intangible assets of $5,964 and deferred tax assets of $1,860, working capital used in accounts receivable of $23,968, inventory of $9,982, deposits, prepayments and other receivables including related parties of $3,525,302, accrued liabilities and other payables including related parties of $50,774, and operating lease liabilities of $32,926, partially offset by working capital provided by accounts payable of $1,887,582, contract liabilities of $2,915 and right of use assets of $32,949.

For the three months ended March 31, 2024,