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DISAGGREGATION OF REVENUE (Tables)
12 Months Ended
Oct. 31, 2023
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION

 

                
   For the Year Ended October 31, 2023 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $4,263,883   $4,846,615   $9,110,498 
Europe   2,225,915    2,386,407    4,612,322 
Australia/Asia   4,607,786    -    4,607,786 
Middle East/Africa   1,021,482    -    1,021,482 
                
Total Revenues  $12,119,066   $7,233,022   $19,352,088 
                
Major Goods/Service Lines               
Equipment Sales  $8,444,305   $944,737   $9,389,042 
Equipment Rentals   1,264,804    -    1,264,804 
Software Sales   851,976    -    851,976 
Engineering Parts   -    4,075,850    4,075,850 
Services   1,557,981    2,212,435    3,770,416 
                
Total Revenues  $12,119,066   $7,233,022   $19,352,088 
                
Goods and Services Revenue               
Goods transferred at a point in time  $9,296,281   $944,737   $10,241,018 
Services transferred over time   2,822,785    6,288,285    9,111,070 
                
Total Revenues  $12,119,066   $7,233,022   $19,352,088 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

October 31, 2023 and 2022

 

                
   For the Year Ended October 31, 2022 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $5,668,948   $4,566,349   $10,235,297 
Europe   1,559,778    2,900,906    4,460,684 
Australia/Asia   5,723,970    -    5,723,970 
Middle East/Africa   1,771,992    33,860    1,805,852 
                
Total Revenues  $14,724,688   $7,501,115   $22,225,803 
                
Major Goods/Service Lines               
Equipment Sales  $8,771,050   $1,544,002   $10,315,052 
Equipment Rentals   1,844,775    -    1,844,775 
Software Sales   1,014,867    -    1,014,867 
Engineering Parts   -    3,530,407    3,530,407 
Services   3,093,996    2,426,706    5,520,702 
                
Total Revenues  $14,724,688   $7,501,115   $22,225,803 
                
Goods and Services Revenue               
Goods transferred at a point in time  $9,785,917   $1,562,799   $11,348,716 
Services transferred over time   4,938,771    5,938,316    10,877,087 
                
Total Revenues  $14,724,688   $7,501,115   $22,225,803