Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 156

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 2
Chunk 156
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 our requirements for at least the next 12 months from the date of this prospectus,
absent unforeseen circumstances, taking into account the financial resources presently available to us, including cash and cash equivalents
on hand, cash flows from our operations and the estimated net proceeds from this offering.

Off-balance
Sheet Financing Arrangements

We
have no obligations, assets or liabilities which would be considered off-balance sheet arrangements as of December 31, 2024 and 2023.
We do not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred
to as variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements. We
have not entered into any off-balance sheet financing arrangements, established any special purpose entities, guaranteed any debt or
commitments of other entities, or purchased any non-financial assets.

45

Item
3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Concentration
of credit risk

Financial
instruments that potentially expose us to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable.
We place our cash and cash equivalents with financial institutions with high credit ratings and quality.

We
conduct credit evaluations of customers, and generally do not require collateral or other security from our customers. We establish an
allowance for doubtful accounts primarily based upon the age of the receivables and factors surrounding the credit risk of specific customers.

Concentration
risk in major customers

For
the three months ended June 30, 2025, the Company had 3 major customers that constituted 24.94%, 30.21% and 25.18% of its revenue, with
accounts receivable of $0 at the period-end, respectively.

For
the six months ended June 30, 2025, the Company had 3 major customers that constituted 33.18%, 23.51% and 19.59% of its revenue, with
accounts receivable of $0 at the period-end, respectively.

For
the three months ended June 30, 2024, the Company had a single customer that constituted 11.69% of its revenues, with accounts receivable
of $0 at the year-end.

For
the six months ended June 30, 2025, the Company had a single customer that constituted 10.36% of its revenues, with accounts receivable
of $