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

NOTE 15 – DISAGGREGATION OF REVENUE

  

   For the Three Months Ended July 31, 2023 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $1,321,495   $1,285,133   $2,606,628 
Europe   503,186    742,148    1,245,334 
Australia/Asia   442,670    -    442,670 
Middle East/Africa   595,900    -    595,900 
                
Total Revenues  $2,863,251   $2,027,281   $4,890,532 
                
Major Goods/Service Lines               
Equipment Sales  $2,143,203   $81,671   $2,224,874 
Equipment Rentals   303,525    -    303,525 
Software Sales   147,453    -    147,453 
Engineering Parts   -    1,377,562    1,377,562 
Services   269,070    568,048    837,118 
                
Total Revenues  $2,863,251   $2,027,281   $4,890,532 
                
Goods transferred at a point in time  $2,290,656   $81,671   $2,372,327 
Services transferred over time   572,595    1,945,610    2,518,205 
                
Total Revenues  $2,863,251   $2,027,281   $4,890,532 

 

   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, 2023, and October 31, 2022

 

NOTE 15 – DISAGGREGATION OF REVENUE (Continued)

 

   For the Nine Months Ended July 31, 2023 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $3,562,038   $3,753,001   $7,315,039 
Europe   2,011,784    1,764,485    3,776,269 
Australia/Asia   3,799,349    -    3,799,349 
Middle East/Africa   897,668    -    897,668 
                
Total Revenues  $10,270,839   $5,517,486   $15,788,325 
                
Major Goods/Service Lines               
Equipment Sales  $7,215,919   $89,624   $7,305,543 
Equipment Rentals   1,088,855    -    1,088,855 
Software Sales   784,046    -    784,046 
Engineering Parts   -    3,598,547    3,598,547 
Services   1,182,019    1,829,315    3,011,334 
                
Total Revenues  $10,270,839   $5,517,486   $15,788,325 
                
Goods transferred at a point in time  $7,999,965   $89,624   $8,089,589 
Services transferred over time   2,270,874    5,427,862    7,698,736 
                
Total Revenues  $10,270,839   $5,517,486   $15,788,325 

 

   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  $7,618,776   $1,431,416   $9,050,190 
Services transferred over time   3,700,538    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, 2023, and October 31, 2022