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DISAGGREGATION OF REVENUE (Tables)
3 Months Ended
Jan. 31, 2022
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION

 

   For the Three Months Ended January 31, 2022 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
Revenues               
Primary Geographical Markets               
Americas  $2,057,668   $1,204,282   $3,261,950 
Europe   491,016    810,178    1,301,194 
Australia/Asia   815,084    -    815,084 
Middle East/Africa   459,980    -    459,980 
                
Total Revenues  $3,823,748   $2,014,460   $5,838,208 
                
                
Major Goods/Service Lines               
Equipment Sales  $1,958,845   $436,864   $2,395,709 
Equipment Rentals   630,468    -    630,468 
Software Sales   304,796    -    304,796 
Engineering Parts   -    1,300,618    1,300,618 
Services   929,639    276,978    1,206,617 
                
Total Revenues  $3,823,748   $2,014,460   $5,838,208 
                
                
Goods transferred at a point in time  $2,263,641   $436,866   $2,724,343 
Services transferred over time   1,560,107    1,577,594    3,113,865 
                
Total Revenues  $3,823,748   $2,014,460   $5,838,208 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2022 and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

   For the Three Months Ended January 31, 2021 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
Revenues               
Primary Geographical Markets               
Americas  $549,278   $516,441   $1,065,719 
Europe   1,125,112    785,739    1,910,851 
Australia/Asia   2,008,210    -    2,008,210 
Middle East/Africa   65,679    -    65,679 
                
Total Revenues  $3,748,279   $1,302,180   $5,050,459 
                
                
Major Goods/Service Lines               
Equipment Sales  $2,793,487   $220,957   $3,014,444 
Equipment Rentals   334,363    -    334,363 
Software Sales   225,222    -    225,222 
Engineering Parts   -    856,347    856,347 
Services   395,207    224,876    620,083 
                
Total Revenues  $3,748,279   $1,302,180   $5,050,459 
                
                
Goods transferred at a point in time  $3,056,037   $220,957   $3,276,994 
Services transferred over time   692,242    1,081,223    1,773,465 
                
Total Revenues  $3,748,279   $1,302,180   $5,050,459