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DISAGGREGATION OF REVENUE
 6 Months Ended
Apr. 30, 2022
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 15 –DISAGGREGATION OF REVENUE

 

   For the Three Months Ended April 30, 2022 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $424,935   $578,244   $1,003,179 
Europe   221,334    915,585    1,136,919 
Australia/Asia   2,226,457    -    2,226,457 
Middle East/Africa   618,283    -    618,283 
                
Total Revenues  $3,491,009   $1,493,829   $4,984,838 
                
                
Major Goods/Service Lines               
Equipment Sales  $2,058,137   $543,134   $2,601,271 
Equipment Rentals   715,308    -    715,308 
Software Sales   134,422    -    134,422 
Engineering Parts   -    618,335    618,335 
Services   583,142    332,360    915,502 
                
Total Revenues  $3,491,009   $1,493,829   $4,984,838 
                
                
Goods transferred at a point in time  $2,174,910   $543,134   $2,718,044 
Services transferred over time   1,316,099    950,695    2,266,794 
                
Total Revenues  $3,491,009   $1,493,829   $4,984,838 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2022, and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

   For the Three Months Ended April 30, 2021 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $914,529   $597,463   $1,511,992 
Europe   1,665,643    591,204    2,256,847 
Australia/Asia   1,487,023    -    1,487,023 
Middle East/Africa   117,214    -    117,214 
                
Total Revenues  $4,184,409   $1,188,667   $5,373,076 
                
                
Major Goods/Service Lines               
Equipment Sales  $3,090,462   $93,505   $3,183,967 
Equipment Rentals   598,190    -    598,190 
Software Sales   221,053    -    221,053 
Engineering Parts   -    778,369    778,369 
Services   274,704    316,792    591,496 
                
Total Revenues  $4,184,409   $1,188,667   $5,373,076 
                
                
Goods transferred at a point in time  $3,311,515   $93,505   $3,405,020 
Services transferred over time   872,894    1,095,162    1,968,056 
                
Total Revenues  $4,184,409   $1,188,667   $5,373,076 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2022, and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

   For the Six Months Ended April 30, 2022 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
Revenues               
Primary Geographical Markets               
Americas  $2,482,603   $1,782,526   $4,265,129 
Europe   712,350    1,725,763    2,438,113 
Australia/Asia   3,041,541    -    3,041,541 
Middle East/Africa   1,078,263    -    1,078,263 
                
Total Revenues  $7,314,757   $3,508,289   $10,823,046 
                
                
Major Goods/Service Lines               
Equipment Sales  $4,016,982   $979,998   $4,996,980 
Equipment Rentals   1,345,776    -    1,345,776 
Software Sales   439,218    -    439,218 
Engineering Parts   -    1,918,953    1,918,953 
Services   1,512,781    609,338    2,122,119 
                
Total Revenues  $7,314,757   $3,508,289   $10,823,046 
                
                
Goods transferred at a point in time  $4,438,551   $980,000   $5,418,551 
Services transferred over time   2,876,206    2,528,289    5,404,495 
                
Total Revenues  $7,314,757   $3,508,289   $10,823,046 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2022, and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

   For the Six Months Ended April 30, 2021 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
Revenues               
Primary Geographical Markets               
Americas  $1,463,807   $1,113,904   $2,577,711 
Europe   2,790,755    1,376,943    4,167,698 
Australia/Asia   3,495,233    -    3,495,233 
Middle East/Africa   182,893    -    182,893 
                
Total Revenues  $7,932,688   $2,490,847   $10,423,535 
                
                
Major Goods/Service Lines               
Equipment Sales  $5,883,949   $314,462   $6,198,411 
Equipment Rentals   932,553    -    932,553 
Software Sales   446,275    -    446,275 
Engineering Parts   -    1,634,716    1,634,716 
Services   669,911    541,668    1,211,579 
                
Total Revenues  $7,932,688   $2,490,847   $10,423,535 
                
                
Goods transferred at a point in time  $6,367,552   $314,462   $6,682,014 
Services transferred over time   1,565,136    2,176,385    3,741,521 
                
Total Revenues  $7,932,688   $2,490,847   $10,423,535 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2022, and October 31, 2021