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DISAGGREGATION OF REVENUE
 6 Months Ended
Apr. 30, 2024
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 13 – DISAGGREGATION OF REVENUE

 

   Marine   Marine     
   For the Three Months Ended April 30, 2024 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $640,943   $799,214   $1,440,157 
Europe   1,464,322    999,250    2,463,572 
Australia/Asia   1,071,295    -    1,071,295 
Middle East/Africa   348,154    -    348,154 
                
Total Revenues  $3,524,714   $1,798,464   $5,323,178 
                
Major Goods/Service Lines               
Equipment Sales  $2,005,128   $174,375   $2,179,503 
Equipment Rentals   699,664    -    699,664 
Software Sales   176,742    -    176,742 
Engineering Parts   -    1,426,224    1,426,224 
Services   643,180    197,865    841,045 
                
Total Revenues  $3,524,714   $1,798,464   $5,323,178 
                
Goods transferred at a point in time  $2,181,870   $174,375   $2,356,245 
Services transferred over time   1,342,844    1,624,089    2,966,933 
                
Total Revenues  $3,524,714   $1,798,464   $5,323,178 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

   Marine   Marine     
   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, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

                
   For the Six Months Ended April 30, 2024 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $978,015   $1,254,628   $2,232,643 
Europe   2,408,010    1,462,261    3,870,271 
Australia/Asia   2,870,835    -    2,870,835 
Middle East/Africa   810,620    -    810,620 
                
Total Revenues  $7,067,480   $2,716,889   $9,784,369 
                
Major Goods/Service Lines               
Equipment Sales  $4,381,400   $347,199   $4,728,599 
Equipment Rentals   1,080,473    -    1,080,473 
Software Sales   402,271    -    402,271 
Engineering Parts   -    1,922,128    1,922,128 
Services   1,203,336    447,562    1,650,898 
                
Total Revenues  $7,067,480   $2,716,889   $9,784,369 
                
Goods transferred at a point in time  $4,783,671   $347,199   $5,130,870 
Services transferred over time   2,283,809    2,369,690    4,653,499 
                
Total Revenues  $7,067,480   $2,716,889   $9,784,369 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2024 and October 31, 2023

 

NOTE 13 –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