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DISAGGREGATION OF REVENUE (Tables) | 9 Months Ended
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Jul. 31, 2022
Revenue from Contract with Customer [Abstract] |
SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION | SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION
|  | For the Three Months Ended July 31, 2022 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business |  |  | Business |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 1,626,657 |  |  | $ | 1,468,483 |  |  | $ | 3,095,140 |
Europe |  |  | 278,973 |  |  |  | 794,369 |  |  |  | 1,073,342 |
Australia/Asia |  |  | 1,435,637 |  |  |  | - |  |  |  | 1,435,637 |
Middle East/Africa |  |  | 663,290 |  |  |  | - |  |  |  | 663,290 |
Total Revenues |  | $ | 4,004,557 |  |  | $ | 2,262,852 |  |  | $ | 6,267,409 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 2,928,019 |  |  | $ | 451,416 |  |  | $ | 3,379,435 |
Equipment Rentals |  |  | 380,984 |  |  |  | - |  |  |  | 380,984 |
Software Sales |  |  | 252,204 |  |  |  | - |  |  |  | 252,204 |
Engineering Parts |  |  | - |  |  |  | 999,228 |  |  |  | 999,228 |
Services |  |  | 443,350 |  |  |  | 812,208 |  |  |  | 1,255,558 |
Total Revenues |  | $ | 4,004,557 |  |  | $ | 2,262,852 |  |  | $ | 6,267,409 |
Goods transferred at a point in time |  | $ | 3,180,223 |  |  | $ | 451,416 |  |  | $ | 3,631,639 |
Services transferred over time |  |  | 824,334 |  |  |  | 1,811,436 |  |  |  | 2,635,770 |
Total Revenues |  | $ | 4,004,557 |  |  | $ | 2,262,852 |  |  | $ | 6,267,409 |
CODA OCTOPUS GROUP, INC. Notes to the Consolidated Financial Statements July 31, 2022, and October 31, 2021 NOTE 15 –DISAGGREGATION OF REVENUE (Continued)
|  | For the Three Months Ended July 31, 2021 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business |  |  | Business |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 962,043 |  |  | $ | 589,560 |  |  | $ | 1,551,603 |
Europe |  |  | 1,649,281 |  |  |  | 1,392,764 |  |  |  | 3,042,045 |
Australia/Asia |  |  | 971,563 |  |  |  | - |  |  |  | 971,563 |
Middle East/Africa |  |  | 262,164 |  |  |  | - |  |  |  | 262,164 |
Total Revenues |  | $ | 3,845,051 |  |  | $ | 1,982,324 |  |  | $ | 5,827,375 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 2,151,520 |  |  | $ | 782,255 |  |  | $ | 2,933,775 |
Equipment Rentals |  |  | 713,389 |  |  |  | - |  |  |  | 713,389 |
Software Sales |  |  | 153,150 |  |  |  | - |  |  |  | 153,150 |
Engineering Parts |  |  | - |  |  |  | 1,093,176 |  |  |  | 1,093,176 |
Services |  |  | 826,992 |  |  |  | 106,893 |  |  |  | 933,885 |
Total Revenues |  | $ | 3,845,051 |  |  | $ | 1,982,324 |  |  | $ | 5,827,375 |
Goods transferred at a point in time |  | $ | 2,298,962 |  |  | $ | 670,255 |  |  | $ | 2,969,217 |
Services transferred over time |  |  | 1,546,089 |  |  |  | 1,312,069 |  |  |  | 2,858,158 |
Total Revenues |  | $ | 3,845,051 |  |  | $ | 1,982,324 |  |  | $ | 5,827,375 |
CODA OCTOPUS GROUP, INC. Notes to the Consolidated Financial Statements July 31, 2022, and October 31, 2021 NOTE 15 –DISAGGREGATION OF REVENUE (Continued)
|  | For the Nine Months Ended July 31, 2022 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business |  |  | Business |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 4,109,260 |  |  | $ | 3,251,009 |  |  | $ | 7,360,269 |
Europe |  |  | 991,323 |  |  |  | 2,520,132 |  |  |  | 3,511,455 |
Australia/Asia |  |  | 4,477,178 |  |  |  | - |  |  |  | 4,477,178 |
Middle East/Africa |  |  | 1,741,553 |  |  |  | - |  |  |  | 1,741,553 |
Total Revenues |  | $ | 11,319,314 |  |  | $ | 5,771,141 |  |  | $ | 17,090,455 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 6,945,001 |  |  | $ | 1,431,414 |  |  | $ | 8,376,415 |
Equipment Rentals |  |  | 1,726,760 |  |  |  | - |  |  |  | 1,726,760 |
Software Sales |  |  | 691,422 |  |  |  | - |  |  |  | 691,422 |
Engineering Parts |  |  | - |  |  |  | 2,918,181 |  |  |  | 2,918,181 |
Services |  |  | 1,956,131 |  |  |  | 1,421,546 |  |  |  | 3,377,677 |
Total Revenues |  | $ | 11,319,314 |  |  | $ | 5,771,141 |  |  | $ | 17,090,455 |
Goods transferred at a point in time |  | $ | 7,618,774 |  |  | $ | 1,431,416 |  |  | $ | 9,050,190 |
Services transferred over time |  |  | 3,700,540 |  |  |  | 4,339,725 |  |  |  | 8,040,265 |
Total Revenues |  | $ | 11,319,314 |  |  | $ | 5,771,141 |  |  | $ | 17,090,455 |
CODA OCTOPUS GROUP, INC. Notes to the Consolidated Financial Statements July 31, 2022, and October 31, 2021 NOTE 15 –DISAGGREGATION OF REVENUE (Continued)
|  | For the Nine Months Ended July 31, 2021 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business |  |  | Business |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 2,425,850 |  |  | $ | 1,703,464 |  |  | $ | 4,129,314 |
Europe |  |  | 4,440,036 |  |  |  | 2,769,707 |  |  |  | 7,209,743 |
Australia/Asia |  |  | 4,466,796 |  |  |  | - |  |  |  | 4,466,796 |
Middle East/Africa |  |  | 445,057 |  |  |  | - |  |  |  | 445,057 |
Total Revenues |  | $ | 11,777,739 |  |  | $ | 4,473,171 |  |  | $ | 16,250,910 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 8,035,469 |  |  | $ | 1,096,718 |  |  | $ | 9,132,187 |
Equipment Rentals |  |  | 1,645,942 |  |  |  | - |  |  |  | 1,645,942 |
Software Sales |  |  | 599,425 |  |  |  | - |  |  |  | 599,425 |
Engineering Parts |  |  | - |  |  |  | 2,727,892 |  |  |  | 2,941,848 |
Services |  |  | 1,496,903 |  |  |  | 648,561 |  |  |  | 1,931,508 |
Total Revenues |  | $ | 11,777,739 |  |  | $ | 4,473,171 |  |  | $ | 16,250,910 |
Goods transferred at a point in time |  | $ | 8,666,514 |  |  | $ | 984,717 |  |  | $ | 9,651,231 |
Services transferred over time |  |  | 3,111,225 |  |  |  | 3,488,454 |  |  |  | 6,599,679 |
Total Revenues |  | $ | 11,777,739 |  |  | $ | 4,473,171 |  |  | $ | 16,250,910 |

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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