Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 23

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 23
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 campaign results and default payment. Based on the Company’s
evaluation of the control model, it determined that all the Company’s major businesses act as the agent rather than the principal
within their revenue arrangements and such revenues are reported on a net basis.

    15

    ●
    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 liabilities balance was $692,652 and $1,032,363 on September 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 $135,330 and $134,926 for the nine months ended September 30, 2025 and 2024, respectively. Sales and marketing
expenses was $43,865 and $37,071 for the three months ended September 30, 2025 and 2024, respectively.

    ●
    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.