The waker experiences gross objects. Vishwahi is too labhuknityam. Tejasapraviviktavuk. What are the experiences of the three? Rupa, rasa, Gandhas, Parshashabh, Dakk. These are its experience. Bhoga literally means the sacred food offering which you give to the Lord. For the dreamer, it is thoughts. And for the deep sleeper, it is the restfulness or peacefulness of deep sleep. That's all.
Swami Sarvapriyananda teaches one of the shortest and most profound upanishads accompanied by Gaudapada's Karika. This lecture covers Karika 1-5.