Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 165

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 165
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 At cost:                       |     |         |        |   |          |   |     |   |          |   |
| Software                       |     | 8 years |        | $ |  589,839 |   |     | $ |  580,764 |   |
| Licensing                      |     | 4 years |        |   |    6,220 |   |     |   |    6,124 |   |
|                                |     |         |        |   |  596,059 |   |     |   |  586,888 |   |
| Less: accumulated depreciation |     |         |        |   | (530,268 | ) |     |   | (497,080 | ) |
|                                |     |         |        | $ |   65,791 |   |     | $ |   89,808 |   |

Amortization of intangible assets was $25,812 and $43,831 and recognized in General and Administrative Expenses for the year ended December 31, 2023 and 2022, respectively.

| F-18 |

<div align='center'>NUSATRIP INCORPORATED
NOTES TO CARVE-OUT COMBINED AND CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED DECEMBER 31, 2023 AND 2022
(Currency expressed in United States Dollars (“US$”))</div>

NOTE 7 — LEASES

The Company has entered into commercial operating leases for office space. 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 December 31, 2023 and 2022.

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

|                                               |     |     | December 
      31, 
     2023 |   |     |     | December 
      31, 
     2022 |   |
|: