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DISAGGREGATION OF REVENUE
 3 Months Ended
Jan. 31, 2024
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 13 – DISAGGREGATION OF REVENUE

 

   Marine   Marine     
   For the Three Months Ended January 31, 2024 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $337,072   $455,414   $792,486 
Europe   943,688    463,011    1,406,699 
Australia/Asia   1,799,540    -    1,799,540 
Middle East/Africa   462,466    -    462,466 
                
Total Revenues  $3,542,766   $918,425   $4,461,191 
                
                
Major Goods/Service Lines               
Equipment Sales  $2,376,272   $172,824   $2,549,096 
Equipment Rentals   380,809    -    380,809 
Software Sales   225,529    -    225,529 
Engineering Parts   -    495,904    495,904 
Services   560,156    249,697    809,853 
                
Total Revenues  $3,542,766   $918,425   $4,461,191 
                
                
Goods transferred at a point in time  $2,601,801   $172,824   $2,774,625 
Services transferred over time   940,965    745,601    1,686,566 
                
Total Revenues  $3,542,766   $918,425   $4,461,191 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

   Marine   Marine     
   For the Three Months Ended January 31, 2023 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
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