Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 206

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 3
Chunk 206
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 effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance
that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations
or cash flows.

53

    ●
    Fair Value Measurement

The
Company follows the guidance of the ASC Topic 820-10, Fair Value Measurements and Disclosures (“ASC Topic 820-10”), with
respect to financial assets and liabilities that are measured at fair value. ASC Topic 820-10 establishes a three-tier fair value hierarchy
that prioritizes the inputs used in measuring fair value as follows:

    Level 1
    Inputs are based upon unadjusted quoted prices for
    identical instruments traded in active markets;

    Level 2
    Inputs are based upon quoted
    prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active,
    and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs are observable in
    the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable,
    these models project future cash flows and discount the future amounts to a present value using market-based observable inputs; and

    Level 3
    Inputs are generally unobservable
    and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability.
    The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models.

The
carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, accounts receivable, deposits,
prepayments and other receivables, accounts payable, accrued liabilities and other payables, contract liabilities and amounts due from/
to related parties, approximate their fair values because of the short maturity of these instruments.

    ●
    Recently Issued Accounting
    Pronouncements

From
time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard
setting bodies and adopted by the Company as of the specified effective date.

In
November 2023, the FASB issued ASU No 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU
2023-07”). ASU 2023-07 expands disclosures about a public entity’s reportable segments and requires more enhanced information