Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 16

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 16
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 statements of the Company and its subsidiaries. All significant
inter-company balances and transactions within the Company have been eliminated upon consolidation.

    ●
    Noncontrolling
    interest

The
Company accounts for non-controlling interests in accordance with ASC Topic 810, which requires the Company to present non-controlling
interests as a separate component of total shareholders’ equity on the consolidated balance sheets and the consolidated net loss
attributable to its non-controlling interest be clearly identified and presented on the face of the consolidated statements of operations
and comprehensive loss.

    ●
    Segment
    reporting

ASC
Topic 280, Segment Reporting (“Topic 280”) establishes standards for reporting information about operating segments on a
basis consistent with the Company’s internal organization structure as well as information about geographical areas, business segments
and major customers in consolidated financial statements. The Company currently operates in a single reportable operating with five difference
services: (i) Ticketing, (ii) Online advertisement, (iii) Hotel reservation, (iv) Hotel technology platform software, and (v) Ancillary.
All operating segments are aggregated into single reporting segment in profit or loss and total assets, as reviewed and determined by
Chief Operating Decision Maker, or CODM that having similar economic characteristics by quantitative and qualitative aggregation criteria.
All the operating segments by products are generated by same operating resources which are not separated in each consolidated company
or in group.

    ●
    Cash
    and cash equivalents

Cash
and cash equivalents represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid
investments with an original maturity of three months or less as of the purchase date of such investments. As of September 30, 2025 and
December 31, 2024, the cash and cash equivalents excluded restricted cash amounted to $5,104,182 and $6,934,107, respectively.

    ●
    Restricted
    cash

Restricted
cash refers to cash that is held by the Company for specific reasons and is, therefore, not available for immediate ordinary business
use. The restricted cash represented fixed deposit maintained in bank accounts that are pledged. As of September 30, 2025 and December
31, 2024, the restricted cash amounted to $50,000 and $53,900, respectively.

    10

    ●
    Accounts
    receivable

Accounts
receivables are recorded at the amounts that are invoiced to customers, do not bear interest