Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 189

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 3
Chunk 189
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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 September 30, 2025, the Company had 2 major customers that constituted 51.94% and 26.02% of its revenue, with
accounts receivable of $450,000  at the period-end, respectively.

For
the nine months ended September 30, 2025, the Company had 4 major customers that constituted 40.23%, 14.67%, 12.23% and 9.78% of its
revenue, with accounts receivable of $450,000  at the period-end, respectively.

For
the three months ended September 30, 2024, the Company had a single customer that constituted 36.91%  of its revenues, with accounts
receivable of $0 at the year-end.

For
the nine months ended September 30, 2024, the Company had a single customer that constituted 15.55% of its revenues, with accounts receivable
of $0 at the year-end.

Exchange
rate risk

Our
foreign currency exposure gives rise to market risks associated with exchange rate movements against the Vietnam Dong, Malaysian Ringgit,
Chinese Yuan, Hong Kong Dollar, Indonesian Rupiah and the United States dollar. As of September 30, 2025 and 2024, we did not hold or
issue any derivative for trading purposes or to hedge against fluctuations in foreign exchange rates. We mitigated this risk by conducting
sales and purchases transactions in the same currency. Doing so helped to reduce, but has not eliminated, the impact of foreign currency
exchange rate movements. As of September 30, 2025 and December 31, 2024, we had no outstanding forward exchange or foreign currency option
contracts.

We
currently do not have a foreign currency hedging policy. However, our management monitor foreign exchange exposure and will consider
hedging significant foreign exchange exposure should the need arise.

Economic