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DISAGGREGATION OF REVENUE (Tables)
3 Months Ended
Jan. 31, 2025
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION

 

   Business   PAL   Business   Total 
   For the Three Months Ended January 31, 2025 
   Marine   Acoustic Sensors and Materials   Marine     
   Technology   Business   Engineering   Grand 
   Business   (“PAL”)   Business   Total 
Disaggregation of Total Net Sales                    
                     
Primary Geographical Markets                    
Americas  $354,636   $255,423   $688,778   $1,298,837 
Europe   323,543    645,474    932,867    1,901,884 
Australia/Asia   1,591,811    372,468    -    1,964,279 
Middle East/Africa   5,819    38,896    -    44,715 
                     
Total Revenues  $2,275,809   $1,312,261   $1,621,645   $5,209,715 
                     
Major Goods/Service Lines                    
Equipment Sales  $1,734,741   $1,163,796   $141,928   $3,040,465 
Equipment Rentals   224,443    -    -    224,443 
Software Sales   120,795    59,600    -    180,395 
Engineering Parts   -    -    1,216,410    1,216,410 
Services   195,830    88,865    263,307    548,002 
                     
Total Revenues  $2,275,809   $1,312,261   $1,621,645   $5,209,715 
                     
Timing of Revenue Recognition                    
Goods transferred at a point in time  $1,855,536   $1,223,396   $157,025   $3,235,957 
Services transferred over time   420,273    88,865    1,464,620    1,973,758 
                     
Total Revenues  $2,275,809   $1,312,261   $1,621,645   $5,209,715 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2025 and October 31, 2024

 

NOTE 16 – DISAGGREGATION OF REVENUE (Continued)

 

   Business   Business   Total 
   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 
                
Timing of Revenue Recognition                 
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