Company: NUTR
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024295
Chunk: 61

Company: NUSATRIP Inc
Filing Date: 2025-08-15
Form: 424B3
Chunk 61
---
 but general IT maintenance cost which recorded in General and Administrative Expenses.

Gross Profit

For the three months ended March 31, 2025, gross profit decreased by $249,555 or 46.85% to $283,157, as compared with $532,712 for the three months ended March 31, 2024.

Sales and Marketing Expenses (“S&M”)

For the three months ended March 31, 2025, sales and marketing expenses decreased by $15,539 or 29.52% to $37,102, as compared with $52,641 for the three months ended March 31, 2024. The decrease in S&M is primarily attributable to the reducing cost related to marketing and promotion expenses needed.

| 44 |

General and Administrative Expenses (“G&A”)

For the three months ended March 31, 2025, general and administrative expenses increased by $289,363 or 56.41% to $802,313, as compared with $512,950 for the three months ended March 31, 2024. The increase was mainly due to the increase of legal and professional fee of $275,064 and the IT related cost of $63,670, partially offset by decrease of wages and salaries of $95,763 for employee restructuring exercise.

Other income (expenses)

For the three months ended March 31, 2025, net other income decreased by $9,521 or 37.39% to $15,945, as compared to net other income of $25,466 for the three months ended March 31, 2024.

Loss before income taxes

For the three months ended March 31, 2025, loss before income taxes increased by $532,900 or 7,188.72% to $540,313, as compared to $7,413 for the three months ended March 31, 2024. The increase is mainly caused by the decrease in revenue and increase in G&A.

Income Tax Expense

We incurred income tax of $0 and $465 for the three months ended March 31, 2025 and 2024, respectively. The Company has provided for a full valuation allowance against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.

Net loss

For the three months ended March 31, 2025, our net loss increased