XML 40 R19.htm IDEA: XBRL DOCUMENT
v3.22.0.1

DISAGGREGATION OF REVENUE | 12 Months Ended
--- | ---
Oct. 31, 2021
Revenue from Contract with Customer [Abstract] |
DISAGGREGATION OF REVENUE | NOTE 13 – DISAGGREGATION OF REVENUE SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION
|  | For the Year Ended October 31, 2021 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business |  |  | Business |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 3,434,552 |  |  | $ | 2,188,812 |  |  |  | 5,623,364 |
Europe |  |  | 5,623,227 |  |  |  | 3,338,493 |  |  |  | 8,961,720 |
Australia/Asia |  |  | 5,867,710 |  |  |  | - |  |  |  | 5,867,710 |
Middle East/Africa |  |  | 878,733 |  |  |  | - |  |  |  | 878,733 |
Total Revenues |  |  | 15,804,222 |  |  |  | 5,527,305 |  |  |  | 21,331,527 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 10,914,124 |  |  | $ | 1,421,614 |  |  |  | 12,335,738 |
Equipment Rentals |  |  | 2,324,773 |  |  |  | - |  |  |  | 2,324,773 |
Software Sales |  |  | 669,968 |  |  |  | - |  |  |  | 669,968 |
Engineering Parts |  |  | - |  |  |  | 3,239,866 |  |  |  | 3,239,866 |
Services |  |  | 1,895,357 |  |  |  | 865,825 |  |  |  | 2,761,182 |
Total Revenues |  |  | 15,804,222 |  |  |  | 5,527,305 |  |  |  | 21,331,527 |
Goods transferred at a point in time |  | $ | 11,588,099 |  |  | $ | 1,421,614 |  |  |  | 13,009,713 |
Services transferred over time |  |  | 4,216,123 |  |  |  | 4,105,691 |  |  |  | 8,321,814 |
Total Revenues |  |  | 15,804,222 |  |  |  | 5,527,305 |  |  |  | 21,331,527 |
CODA OCTOPUS GROUP, INC. Notes to the Consolidated Financial Statements October 31, 2021 and 2020 NOTE 13 - DISAGGREGATION OF REVENUE (Continued)
|  | For the Year Ended October 31, 2020 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business |  |  | Business |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 3,001,860 |  |  | $ | 5,776,674 |  |  | $ | 8,778,534 |
Europe |  |  | 1,880,458 |  |  |  | 2,988,955 |  |  |  | 4,869,413 |
Australia/Asia |  |  | 6,255,510 |  |  |  | - |  |  |  | 6,255,510 |
Middle East/Africa |  |  | 140,353 |  |  |  | - |  |  |  | 140,353 |
Total Revenues |  | $ | 11,278,181 |  |  | $ | 8,765,629 |  |  | $ | 20,043,810 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 7,183,580 |  |  | $ | 230,060 |  |  | $ | 7,413,640 |
Equipment Rentals |  |  | 1,361,151 |  |  |  | - |  |  |  | 1,361,151 |
Software Sales |  |  | 453,638 |  |  |  | - |  |  |  | 453,638 |
Engineering Parts |  |  | - |  |  |  | 7,299,879 |  |  |  | 7,299,879 |
Services |  |  | 2,279,812 |  |  |  | 1,235,690 |  |  |  | 3,515,502 |
Total Revenues |  | $ | 11,278,181 |  |  | $ | 8,765,629 |  |  | $ | 20,043,810 |
Goods transferred at a point in time |  | $ | 7,484,414 |  |  | $ | 160,537 |  |  | $ | 7,644,951 |
Services transferred over time |  |  | 3,793,767 |  |  |  | 8,605,092 |  |  |  | 12,398,859 |
Total Revenues |  | $ | 11,278,181 |  |  | $ | 8,765,629 |  |  | $ | 20,043,810 |

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration