Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 79

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 79
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3 to net cash used of $6,369,754 for December 31, 2024mainly due to increasedecrease repayment of accrued liabilities and other payables including related partiesof $3,077,727, increase8,570,091, decrease in deferred tax assets of $320,184, increase242,028, decrease in settlement of inventory of $324,793472,489 and increasedecrease in repayment
of trade payablescontract liabilities of $452,760596,314, partially offset by net incomeloss
increase of $1,097,831867,008 and waiver of debtdeposit, prepayments and other receivables including related parties decrease of $957,2422,116,863.

Until we generate cash flows from operations, we expect
to continue to rely on cash generated through financing from public offerings or private offerings by the Company or one or more of our
subsidiaries’ securities, however, to finance our operations and future acquisitions.

Net Cash Used In Investing Activity.

For the yearyears ended December
31, 20232024 and 20222023, there was a net cash outflow of $NIL and $29,550 and $226,740primarily as a result of the purchase of plant and equipment. The decrease was due to the reduction of continue investing in plant and equipment.

Material Cash Requirements

Our cash requirements consist primarily of day-to-day
operating expenses, capital expenditures and contractual obligations with respect to banking facilities and other operating leases. We
lease all our office facilities. We expect to make future payments on existing leases from cash generated from operations. We have limited
credit available from our major vendors and are obligated to settle the purchase invoices and repay the contractual bank loans in a punctual
manner, which further constrains our cash liquidity.

We believe that we have sufficient working capital
for 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,