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DISAGGREGATION OF REVENUE
 3 Months Ended
Jan. 31, 2023
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 15 – DISAGGREGATION OF REVENUE

 

   For the Three Months Ended January 31, 2023 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
Revenues               
Primary Geographical Markets               
Americas  $486,293   $1,322,977   $1,809,270 
Europe   696,410    449,148    1,145,558 
Australia/Asia   2,432,428    -    2,432,428 
Middle East/Africa   209,028    -    209,028 
                
Total Revenues  $3,824,159   $1,772,125   $5,596,284 
                
Major Goods/Service Lines               
Equipment Sales  $2,572,560   $-   $2,572,560 
Equipment Rentals   265,903    -    265,903 
Software Sales   417,170    -    417,170 
Engineering Parts   -    1,149,079    1,149,079 
Services   568,526    623,046    1,191,572 
                
Total Revenues  $3,824,159   $1,772,125   $5,596,284 
                
Goods transferred at a point in time  $2,989,730   $-   $2,989,730 
Services transferred over time   834,429    1,772,125    2,606,554 
                
Total Revenues  $3,824,159   $1,772,125   $5,596,284 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2023 and October 31, 2022

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

   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  $1,709,901   $1,204,282   $2,914,183 
Europe   838,783    810,178    1,648,961 
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   $2,700,507 
Services transferred over time   1,560,107    1,577,594    3,137,701 
                
Total Revenues  $3,823,748   $2,014,460   $5,838,208 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2023 and October 31, 2022