Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 154

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 2
Chunk 154
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 deficit partially offset by additional paid-in-capital. For the six months ended June 30, 2025, the Company generated
a net profit of $457,378 and net cash used in operating activities of $1,506,976. Net cash provided by financing activities was $1,600,002.

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

    Six months ended  June 30, 

    2025  
    2024 
  
    Net cash used in operating activities 
    $(1,506,976) 
    $(315,802)
  
    Net cash used in investing activities 
     (4,884) 
     — 
  
    Net cash provided by financing activities 
     1,600,002  
     — 
  
    Effect on exchange rate change 
     (101,712) 
     (14,203)
  
    Net change in cash and cash equivalents 
     (13,570) 
     (330,005)
  
    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 
    $6,974,437  
    $340,542 

Net
Cash Used in Operating Activities.

For
the six months ended June 30, 2025, net cash used in operating activities was $1,506,976, which consisted primarily of a net profit before
income taxes of $457,378, account receivables of $533,795, deposits, prepayments and other receivables of $5,723,476, accrued liabilities
and other payables of $923,394, deferred revenue of $125,163, advances from related parties of $1