Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 187

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 187
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                             | Over the time |                     |              |         — |     |   |   299,729 |     |              |   290,675 |     |   |   299,729 |
| Hotel reservation                  |                             | Point of time |                     |              |     6,672 |     |   |     8,889 |     |              |    14,678 |     |   |   104,872 |
| Hotel technology platform software |                             | Over the time |                     |              |       504 |     |   |     3,105 |     |              |     6,721 |     |   |     5,545 |
| Ancillary                          |                             | Point of time |                     |              |    11,485 |     |   |    78,966 |     |              |    36,876 |     |   |   114,065 |
|                                    |                             |               |                     | $            |   173,446 |     | $ |   716,574 |     | $            |   887,711 |     | $ | 1,641,685 |

● Cost of Revenue

Cost of revenues consists primarily of payroll compensation of platform information technology personnel, platform hosting and platform software payments to suppliers, and related expenses incurred by the Company which are directly attributable to the Company’s hotel technology platform software services. No cost of revenue of online advertising revenue was recorded as online advertisement is shown on our ready/ongoing website and mobile Apps that is not subject to significant direct cost but general IT maintenance cost which record in General and Administrative Expenses.

Contract liabilities

In accordance with ASC Topic 606, a contract liability represents the Company’s obligation to transfer goods or services to a customer when the customer prepays for a good or service or when the customer’s consideration is due for goods and services that the Company will yet provide whichever happens earlier.

Contract liabilities represent amounts collected from, or invoiced to, customers in excess of revenues recognized, primarily from the billing of annual subscription agreements. The value of contract liabilities will increase or decrease based on the timing of invoices and recognition of revenue. The Company’s contract liability balance was $1,117,735 and $1,220,549, as of September 30, 2024 and December 31, 2023, respectively.

| F-33 |

<div align='center'>NUSATRIP INCORPORATED
NOTES TO CAR