Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 159

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 2
Chunk 159
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 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 segments 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 June 30, 2025 and December
31, 2024, the cash and cash equivalents excluded restricted cash amounted to $6,924,437 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 June 30, 2025 and December 31,
2024, the restricted cash amounted to $50,000 and $53,900, respectively.

48

    ●
    Accounts
    Receivable

Accounts
receivables are recorded at the amounts that are invoiced to customers, do not bear interest, and are due within contractual payment
terms, generally 30 to 90-days from completion of service or the delivery of a product. Credit is extended based on an evaluation of
a customer’s financial condition, the customer’s creditworthiness and their payment history. Accounts receivable outstanding
longer than the contractual payment terms are considered past due.

Past
due balances over 90 days and over a specified amount are reviewed individually for collectability. Quarterly, the Company specifically
evaluates individual customer’s financial condition, credit history, and the current economic conditions to monitor the progress
of the collection of accounts receivables. The Company records bad