Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 129

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 129
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 September 30, 2025,
net other income increased by $815,388 or 2,295.70% to $850,906, as compared to net other income of $35,518 for the nine months ended
September 30, 2024. The increase mainly due to adjustments for refunds and vouchers issued for air ticket cancellations during COVID-19,
which have been outstanding for over five years and remain unredeemed.

Loss
before income tax. For the three months ended September 30, 2025, loss before income taxes increased by $961,279 or 2,394.99% to
$1,001,416, as compared to loss before tax by $40,137 for the three months ended September 30, 2024. For the nine months ended September
30, 2025, loss before income taxes increased by $59,979 or 12.39% to $544,038, as compared to loss before income tax by $484,059 for
the nine months ended September 30, 2024.

Income
Taxes.  Our income taxes  for the three months ended September 30, 2025 and 2024 was $47,839 and $ 3,330, respectively,
and for nine months ended September 30, 2025 and 2024 was $47,839 and $3,897, respectively.

The
Company has provided for a full valuation allowance against the deferred tax assets on the expected future tax benefits from the net
operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.

Net
Loss. As a result of the items noted above, for the three months ended September 30, 2025, we incurred a net loss of $1,049,255 as
compared to the same period ended September 30, 2024 of $43,467, a net loss. During the nine months ended September 30, 2024 the Company
incurred a net loss of $591,877, as compared to a net loss incurred of $487,956 for the same period ended September 30, 2024. The increase
in net loss was primarily driven by a significant rise in professional fees following the Company’s IPO, totaling approximately
$1.6 million in 2025 compared to $24,244 in 2024, partially offset by higher revenue contributions from