Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 22

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 22
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advertising services

The
Company receives advertising revenues, which principally represent the sale of banners or sponsorship to customers on the website and
mobile. These services are provided continuously over a fixed term as per the customer agreements. Revenue from online advertising services
is recognized over time, throughout the duration of the agreement. This method of revenue recognition accurately reflects the ongoing
provision of services and the continuous benefit received by the customer as the advertisements are displayed over the agreed period.

During
the three months ended September 30, 2025 and 2024, the Company generated revenue of $200,000 and $0 respectively, from online advertising
services.

During
the nine months ended September 30, 2025 and 2024, the Company generated revenue of $757,103 and $290,675 respectively, from online advertising
services.

Ancillary
services

Ancillary
revenues comprise primarily of the insurance commission and refund margin.

Insurance
commission revenue received from B2B and B2C customers for selling of travel insurance through the Company’s transaction and service
platform. Commission from travel insurance is recognized when the order is confirmed and paid which is the point at which the Company
fulfilled its performance obligation. Refund margin revenue received from B2B and B2C customers for the spread arise from reservations
cancellation fee between customers and travel suppliers. This is recognized upon the confirmation of refund amount by both customers
and travel suppliers which is the point at which the Company fulfilled its performance obligation.

During
the three months ended September 30, 2025 and 2024, the Company generated revenue of $4,510 and $11,485, respectively, from this stream.

During
the nine months ended September 30, 2025 and 2024, the Company generated revenue of $9,456 and $36,876, respectively, from this stream.

Principal
vs Agent Considerations

In
accordance with ASC Topic 606, Revenue Recognition: Principal Agent Considerations, the Company evaluates the terms in the agreements
with its customers and vendors to determine whether or not the Company acts as the principal or as an agent in the arrangement with each
party respectively. The determination of whether to record the revenue on a gross or net basis depends upon whether the Company has control
over the goods prior to transferring it. This evaluation determined that the Company is not in control of establishing the transaction
price, not managing all aspects of the terms, even though taking the risk of