Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 110

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 110
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.82 years.

As
of December 31, 2024, the Company used a weighted average incremental borrowing rate of 7.16% to determine the present value of the lease
payments. The weighted average remaining life of the lease was 1.03 years.

During
the three and nine months ended September 30, 2025, a new lease arrangement was entered, and accounted as per ASC Topic 842.

The
Company excluded short-term leases (those with lease terms of less than one year at inception) from the measurement of lease liabilities
or right-of-use assets. The following tables summarize the lease expense, as follows:

 SCHEDULE OF LEASE EXPENSE

    2025  
    2024 

    Nine months ended September 30, 

    2025  
    2024 

    Operating lease expense (per ASC 842) 
    $107,613  
    $89,222 
  
    Short-term lease expense (other than ASC 842) 
     —  
     21,281 
  
    Total lease expense 
    $107,613  
    $110,503 

As
of September 30, 2025, right-of-use assets were $87,814 and lease liabilities were $89,119.

As
of December 31, 2024, right-of-use assets were $115,142 and lease liabilities were $116,425.

Components
of Lease Expense

We
recognize lease expense on a straight-line basis over the term of our operating leases, as reported within “general and administrative”
expense on the accompanying consolidated statement of operations.

    26

Future
Contractual Lease Payments as of September 30, 2025

The
below table summarizes our (i) minimum lease payments over the next two periods, (ii) lease arrangement implied interest, and (iii) present
value of future lease payments for the next two periods ending September 30:

 SCHEDULE OF OPERATING LEASE LIABILITY MATURITY

    Period
    ended September 30, 
    Operating
    lease amount 
  
    2026 
    $57,141 
  
    2027 
     35,463 
  
    Total 
     92,604 
  
    Less:
    interest 
     (3,485)
  
    Present value of lease liabilities 
    $89,119 
  
    Less:
    non-current portion