XML 79 R19.htm IDEA: XBRL DOCUMENT v3.24.3
DISAGGREGATION OF REVENUE
9 Months Ended
Jul. 31, 2024
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 13 – DISAGGREGATION OF REVENUE

 

   Marine   Marine     
   For the Three Months Ended July 31, 2024 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $682,477   $1,773,621   $2,456,098 
Europe   662,700    654,379    1,317,079 
Australia/Asia   1,497,495    -    1,497,495 
Middle East/Africa   205,872    -    205,872 
                
Total Revenues  $3,048,544   $2,428,000   $5,476,544 
                
Major Goods/Service Lines               
Equipment Sales  $1,349,011   $329,492   $1,678,503 
Equipment Rentals   805,259    -    805,259 
Software Sales   251,488    -    251,488 
Engineering Parts   -    1,922,563    1,922,563 
Services   642,786    175,945    818,731 
                
Total Revenues  $3,048,544   $2,428,000   $5,476,544 
                
Goods transferred at a point in time  $1,600,499   $329,492   $1,929,991 
Services transferred over time   1,448,045    2,098,508    3,546,553 
                
Total Revenues  $3,048,544   $2,428,000   $5,476,544 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

   Marine   Marine     
   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 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

   Marine   Marine     
   For the Nine Months Ended July 31, 2024 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
                
Primary Geographical Markets               
Americas  $1,660,492   $3,028,249   $4,688,741 
Europe   3,070,710    2,116,640    5,187,350 
Australia/Asia   4,368,330    -    4,368,330 
Middle East/Africa   1,016,492    -    1,016,492 
                
Total Revenues  $10,116,024   $5,144,889   $15,260,913 
                
Major Goods/Service Lines               
Equipment Sales  $5,730,411   $676,691   $6,407,102 
Equipment Rentals   1,885,732    -    1,885,732 
Software Sales   653,759    -    653,759 
Engineering Parts   -    3,844,691    3,844,691 
Services   1,846,122    623,507    2,469,629 
                
Total Revenues  $10,116,024   $5,144,889   $15,260,913 
                
Goods transferred at a point in time  $6,384,170   $676,691   $7,060,861 
Services transferred over time   3,731,854    4,468,198    8,200,052 
                
Total Revenues  $10,116,024   $5,144,889   $15,260,913 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

   Marine   Marine     
   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