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

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 1
Chunk 29
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 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
about a reportable segment’s expenses, interim segment profit or loss, and how a public entity’s chief operating decision
maker uses reported segment profit or loss information in assessing segment performance and allocating resources. ASU 2023-07 is effective
for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Management has evaluated and
concluded no material impact of this to the financial statements as disclosed in “Segment Information”.

In
December 2023, the FASB issued ASU No 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures” (“ASU 2023-09”).
ASU 2023-09 expands disclosures in the rate reconciliation and requires disclosure of income taxes paid by jurisdiction. ASU 2023-09
is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted.

Except
as mentioned above, there are no new recently issued accounting standards that will have a material impact on the Company’s carve-out
combined and consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards,
if currently adopted, would have a material effect on the Company’s carve-out combined and consolidated financial statements.

    23

NOTE
– 4 REVENUE

Revenue
was generated from the following activities:

 SCHEDULE
OF REVENUE

    2025  
    2024 

    Six months ended June 30, 

    2025  
    2024 
  
    At a point in time: 

    Sales – online ticketing and reservation 
    $712,187  
    $383,976 
  
    Sales – hotel reservation 
     1,962  
     8,006 
  
    Sales – ancillary 
     4,946  
     25,391 
  
    Over a period of time: 

    Sales – online advertisement 
     557,103  
     290,675 
  
    Hotel technology platform software 
     —  
     6,