Company: NUTR
Filing Date: 2025-08-15
Form Type: 424B4
Source: 0001641172-25-024294
Chunk: 59

Company: NUSATRIP Inc
Filing Date: 2025-08-15
Form: 424B4
Chunk 59
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80,443, amortization of intangible assets of $24,638, depreciation of ROU of $128,591, deferred tax assets of $92,170, working capital provided by account receivables of $58,159, inventory of $163,935, trade payables of $568,211, accrued liabilities and other payables including related parties of $7,619,082, fixed asset written off of $67,406, inventory written off of $55,112 and contract liabilities of $444,289, partially offset by working capital used in lease liabilities of $127,646 and deposits, prepayments and other receivables including related parties of $2,117,842.

For the year ended December 31, 2023, net cash used in operating activities was $919,564, which consisted primarily of a net income of $79,912, adjusted by add back of depreciation of plant and equipment of $88,706, amortization of intangible assets of $25,812, depreciation of ROU of $105,730, bad debt written off $22,527 and deduct deferred tax assets of $149,858 and waiver of debts of $140,628, working capital used in account receivables of $537,955, inventory of $308,554, prepayment and other receivables including related parties of $978, accrued liabilities and other payables including related parties of $951,009, and contract liabilities of $152,025, partially offset by working capital provided from trade payables of $998,756.

Changes in operating activities increased by $7,289,318 or 792.69% from net cash used of $919,564 for December 31, 2023 to net cash used of $6,369,754 for December 31, 2024 mainly due to decrease repayment of accrued liabilities and other payables including related parties of $8,570,091, decrease in deferred tax assets of $242,028, decrease in settlement of inventory of $472,489 and decrease in repayment of contract liabilities of $596,314, partially offset by net loss increase of $867,008 and deposit, prepayments and other receivables including related parties decrease of $2,116,864.

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