Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 21

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 1
Chunk 21
---
, 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 liabilities balance was $893,663 and $1,032,363 on June 30, 2025 and December 31, 2024, respectively.

    ●
    Sales
    and Marketing

Sales
and marketing expenses include payroll, employee benefits and other headcount-related expenses associated with sales and marketing
personnel, and the costs of advertising, promotions, seminars, and other programs. Sales and marketing expenses are expensed as
incurred. Sales and marketing expenses was $91,465 and $97,855 for the six months ended June 30, 2025 and 2024, respectively. Sales
and marketing expenses was $54,363 and $45,214 for the three months ended June 30, 2025 and 2024, respectively.

    16

    ●
    Income
    tax

The
Company adopted the ASC Topic 740 “Income Tax” provisions of paragraph 740-10-25-13, which addresses the determination of
whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the unaudited condensed consolidated financial
statements. Under paragraph 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more
likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the
position. The tax benefits recognized in the unaudited condensed consolidated financial statements from such a position should be measured
based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Paragraph
740-10-25-13 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim
periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits
according to the provisions of paragraph 740-10-25-13.

The
estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying
balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred
tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary.

In
addition to U.S. income taxes,