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DISAGGREGATION OF REVENUE
 6 Months Ended
Apr. 30, 2023
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 15 – DISAGGREGATION OF REVENUE

  

   For the Three Months Ended April 30, 2023 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $1,754,250   $1,144,891   $2,899,141 
Europe   812,188    573,189    1,385,377 
Australia/Asia   924,251    -    924,251 
Middle East/Africa   92,740    -    92,740 
                
Total Revenues  $3,583,429   $1,718,080   $5,301,509 
                
Major Goods/Service Lines               
Equipment Sales  $2,500,156   $7,953   $2,508,109 
Equipment Rentals   519,427    -    519,427 
Software Sales   219,423    -    219,423 
Engineering Parts   -    1,071,906    1,071,906 
Services   344,423    638,221    982,644 
                
Total Revenues  $3,583,429   $1,718,080   $5,301,509 
                
Goods transferred at a point in time  $2,719,579   $7,953   $2,727,532 
Services transferred over time   863,850    1,710,127    2,573,977 
                
Total Revenues  $3,583,429   $1,718,080   $5,301,509 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2023 and October 31, 2022

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

   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, 2023 and October 31, 2022

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

   For the Six Months Ended April 30, 2023 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $2,240,543   $2,467,868   $4,708,411 
Europe   1,508,598    1,022,337    2,530,935 
Australia/Asia   3,356,679    -    3,356,679 
Middle East/Africa   301,768    -    301,768 
                
Total Revenues  $7,407,588   $3,490,205   $10,897,793 
                
Major Goods/Service Lines               
Equipment Sales  $5,072,716   $7,953   $5,080,669 
Equipment Rentals   785,330    -    785,330 
Software Sales   636,593    -    636,593 
Engineering Parts   -    2,220,985    2,220,985 
Services   912,949    1,261,267    2,174,216 
                
Total Revenues  $7,407,588   $3,490,205   $10,897,793 
                
Goods transferred at a point in time  $5,709,309   $7,953   $5,717,262 
Services transferred over time   1,698,279    3,482,252    5,180,531 
                
Total Revenues  $7,407,588   $3,490,205   $10,897,793 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2023 and October 31, 2022

 

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               
                
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, 2023 and October 31, 2022