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

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 10
---
,833,825) 
     2,754,179 
  
    CASH AND CASH EQUIVALENT AT BEGINNING OF YEAR 
     6,988,007  
     670,547 

    CASH AND CASH EQUIVALENT AT END OF YEAR 
    $5,154,182  
    $3,424,726 

    Supplemental disclosure of cash flow information: 

    Non-cash issuance of common stock by offsetting amount due 
    $—  
    $1,400 
  
    Cash paid for interest 
    $55  
    $— 
  
    Cash paid for income tax 
    $—  
    $— 

    Reconciliation to amounts on condensed unaudited consolidated balance sheets: 

    Cash and cash equivalents 
    $5,104,182  
    $3,370,626 
  
    Restricted cash 
     50,000  
     54,100 

    Total cash, cash equivalents and restricted cash 
    $5,154,182  
    $3,424,726 

See
accompanying notes to unaudited condensed consolidated financial statements.

5

NUSATRIP
INCORPORATED

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024

(Currency
expressed in United States Dollars (“US$”))

NOTE
– 1 DESCRIPTION OF BUSINESS AND ORGANIZATION

Nusatrip
Incorporated (“NusaTrip”) is incorporated under the laws of Nevada on May 22, 2023, which has no substantive operations other
than holding all of the outstanding equity of its operating subsidiaries as described below. Nusatrip and its subsidiaries (collectively
referred to as the “Company”) are mainly engaged in the provision of online ticketing and reservation services.

The
Company is an Online Travel Agency (“OTA”) in Indonesia and across Indonesia, Singapore, Vietnam, the Philippines and Thailand
(“SEA”). As an OTA, the Company, is an intermediary between travelers and various travel service providers such as airlines
and hotels. The Company offers a one-stop platform where travelers can search, compare, and book flights, hotels, car rentals, and other
travel-related services. The Company earns revenue through commissions, service fees, and advertising