NUSATRIP Inc

CIK:0002006468|SEC Filings

Condensed Consolidated Statements of Operations And Other Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenue, net
Total revenue	$ 768,674	$ 173,446	$ 2,044,872	$ 887,711
Cost of revenue:
Total cost of revenue		(4,279)		(16,469)
Gross income	768,674	169,167	2,044,872	871,242
Operating expenses:
Sales and marketing expenses	(43,865)	(37,071)	(135,330)	(134,926)
General and administrative expenses	(1,972,196)	(205,188)	(3,304,486)	(1,255,893)
Total operating expenses	(2,016,061)	(242,259)	(3,439,816)	(1,390,819)
Loss from operations	(1,247,387)	(73,092)	(1,394,944)	(519,577)
Other income (expense):
Interest income	1,359	418	3,287	1,773
Interest expense			(55)
Loss on written-off ROU	(69)		(69)
Other income	244,681	32,537	847,743	33,745
Total other income (expense)	245,971	32,955	850,906	35,518
Loss before income taxes	(1,001,416)	(40,137)	(544,038)	(484,059)
Income taxes	(47,839)	(3,330)	(47,839)	(3,897)
NET LOSS	(1,049,255)	(43,467)	(591,877)	(487,956)
Net loss attributable to non-controlling interest	(85,565)	(434)	(12,298)	(4,879)
NET LOSS ATTRIBUTABLE TO NUSATRIP INCORPORATED	(963,690)	(43,033)	(579,579)	(483,077)
Other comprehensive loss:
Net loss	(1,049,255)	(43,467)	(591,877)	(487,956)
Foreign currency translation adjustment	175,707	(476,017)	242,155	(113,864)
TOTAL OTHER COMPREHENSIVE LOSS	(873,548)	(519,484)	(349,722)	(601,820)
Foreign currency translation adjustment attributable to non-controlling interest	14,144	(4,571)	1,763	(1,107)
Total other comprehensive loss attributable to Nusatrip Incorporated	$ (802,127)	$ (514,479)	$ (339,187)	$ (595,834)
Net loss per share attributable to Nusatrip Incorporated:
– Basic	$ (0.17)	$ (0.01)	$ (0.06)	$ (0.12)
– Diluted	$ (0.17)	$ (0.01)	$ (0.06)	$ (0.12)
Weighted average common shares outstanding
– Basic	5,532,163	3,057,702	9,075,974	4,117,350
– Diluted	5,532,163	3,057,702	9,075,974	4,117,350
Online Ticketing and Reservation [Member]
Revenue, net
Total revenue	$ 563,150	$ 154,785	$ 1,275,337	$ 538,761
Hotel Reservation [Member]
Revenue, net
Total revenue	1,014	6,672	2,976	14,678
Online Advertisement [Member]
Revenue, net
Total revenue	200,000		757,103	290,675
Ancillary [Member]
Revenue, net
Total revenue	4,510	11,485	9,456	36,876
Software [Member]
Revenue, net
Total revenue		504		6,721
Cost of revenue:
Total cost of revenue		$ (4,279)		$ (16,469)

Condensed Consolidated Statements of Cash Flows (Uaudited) - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net loss	$ (591,877)	$ (487,956)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities
Depreciation and amortization	45,885	83,419
Deferred tax assets	47,925	85,742
Bad debt written off		33,883
Loss from early lease termination	69
Stock to be issued – professional fee		8
Change in operating assets and liabilities:
Accounts receivable	(776,907)	74,825
Inventories	55,962	119,630
Deposits, prepayments and other receivables	(8,606,143)	375,368
Contract liabilities	(298,429)	492,068
Accounts payables	1,159,332	1,067,000
Accrued liabilities and other payables	(1,144,697)	994,787
Advances to related parties	(8,366,056)	(88,044)
Right of use assets	103,731	89,319
Operating lease liabilities	(102,599)	(88,306)
Net cash (used in) provided by operating activities	(18,473,804)	2,751,743
Cash flows from investing activity:
Purchase of plant, and equipment	(215)	(9,826)
Net cash used in investing activities	(215)	(9,826)
Cash flows from financing activities:
Proceeds from issuance of shares	16,804,321
Proceed loan from issuance	116,040
Net cash generated from financing activities	16,920,361
Effect on exchange rate change on cash and cash equivalents	(280,167)	12,262
NET CHANGE IN CASH AND CASH EQUIVALENTS	(1,833,825)	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

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 5,104,182	$ 6,934,107
Restricted cash	50,000	53,900
Accounts receivable	976,984	208,411
Amount due from related parties	9,528,747	1,138,538
Inventories	18,431	77,492
Deposits, prepayments and other receivables	11,155,320	2,655,360
Total current assets	26,833,664	11,067,808
Non-current assets:
Plant and equipment, net	63,081	88,596
Intangible assets	19,666	38,507
Right of use assets, net – operating leases	87,814	115,142
Deferred tax asset	9,763	57,688
Total non-current assets	180,324	299,933
TOTAL ASSETS	27,013,988	11,367,741
Current liabilities:
Accounts payable	1,928,951	801,677
Accrued liabilities and other payables	11,094,739	12,758,278
Contract liabilities	692,652	1,032,363
Amount due to shareholder		8,568
Amounts due to related parties	2,350,223	2,366,967
Loan	116,040
Lease liabilities – operating leases	54,429	105,349
Total current liabilities	16,237,034	17,073,202
Non-current liabilities:
Lease liabilities – operating leases	34,690	11,076
Other payables	115,725	111,523
Total non-current liabilities	150,415	122,599
TOTAL LIABILITIES	16,387,449	17,195,801
SHAREHOLDERS’ EQUITY (DEFICIT)
Treasury stock	(8)	(8)
Common stock, par value US$0.0001, 200,000,000 shares authorized, 19,379,168 and 14,000,000 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	1,938	1,400
Additional paid-in capital	18,896,252	2,092,469
Accumulated other comprehensive income	479,991	239,599
Accumulated deficit	(6,872,097)	(6,292,518)
Total equity attributable to Nusatrip Incorporated	12,506,084	(3,959,050)
Non-controlling interest	(1,879,545)	(1,869,010)
TOTAL EQUITY (DEFICIT)	10,626,539	(5,828,060)
TOTAL LIABILITIES AND EQUITY	27,013,988	11,367,741
Series X Preferred Stock [Member]
SHAREHOLDERS’ EQUITY (DEFICIT)
Series X Super Voting Preferred Stock, $0.0001 par value, 75,000 shares designated; 75,000 and 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	$ 8	$ 8