Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 59

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 59
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804. This was partially offset by net cash provided by financing activities
of $16,920,361, mainly attributable to the proceeds from the IPO and related financing transactions.

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 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 by our parent company or one or more of our subsidiaries, to finance our operations and future acquisitions. The
Company believes that it has sufficient liquidity to continue its current business plans and operations for at least one year.

Cash
Flows

    Nine
    months ended  September 30, 

    2025  
    2024 
  
    Net cash (used
    in) provided by  operating activities 
    $(18,473,804) 
    $2,751,743 
  
    Net cash used in  investing
    activities 
     (215) 
     (9,826)
  
    Net cash provided by financing
    activities 
     16,920,361  
     — 
  
    Effect on exchange rate
    change 
     (280,167) 
     12,262 
  
    Net change in cash and
    cash equivalents 
     (1,833,825) 
     2,754,179 
  
    Cash and cash equivalent and
    restricted cash at beginning of period 
     6,988,007  
     670,547 
  
    Cash and cash equivalent
    and restricted cash at end of period 
    $5,154,182  
    $3,424,726 

Net
Cash Used in (Provided by)  Operating Activities.

For
the nine months ended September 30, 2025, net cash used in operating activities was $18,473,804, which consisted primarily
of a net loss of $591,877, account receivables of $776,907, deposits, prepayments and other receivables of $8,606,143, accrued liabilities
and other payables of $1,144,697, contact liabilities