XML 31 R22.htm IDEA: XBRL DOCUMENT
v3.25.2

DISAGGREGATION OF REVENUE | 9 Months Ended
--- | ---
Jul. 31, 2025
Revenue from Contract with Customer [Abstract] |
DISAGGREGATION OF REVENUE | NOTE 16 – DISAGGREGATION OF REVENUE Information about the Company’s operations in different geographic areas for the three months and nine months ended July 31, 2025, is shown below. Net sales were attributed to geographic areas based on the location of the customer. In the Disaggregation of net revenue information presented for the Previous Quarter, there is no comparative information for the Acoustics Sensors and Material Business (“PAL”) as this business unit was acquired by the Company on October 29, 2024. SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION
|  | Business |  |  | Business |  |  | Business |  |  | Total |
|  | For the Three Months Ended July 31, 2025 |
|  | Marine |  |  | Acoustic Sensors |  |  | Marine |  |  |  |
|  | Technology |  |  | and Materials |  |  | Engineering |  |  | Grand |
|  | Business (“Products”) |  |  | Business (“PAL”) |  |  | Business (“Engineering”) |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 1,696,334 |  |  | $ | 299,861 |  |  | $ | 583,940 |  |  | $ | 2,580,135 |
Europe |  |  | 157,227 |  |  |  | 619,730 |  |  |  | 1,037,844 |  |  |  | 1,814,801 |
Australia/Asia |  |  | 1,079,902 |  |  |  | 501,892 |  |  |  | - |  |  |  | 1,581,794 |
Middle East/Africa |  |  | 1,051,012 |  |  |  | 37,053 |  |  |  | - |  |  |  | 1,088,065 |
Total Revenues |  | $ | 3,984,475 |  |  | $ | 1,458,536 |  |  | $ | 1,621,784 |  |  | $ | 7,064,795 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 2,746,255 |  |  | $ | 1,169,611 |  |  | $ | 269,036 |  |  | $ | 4,184,902 |
Equipment Rentals |  |  | 304,617 |  |  |  | 3,084 |  |  |  | - |  |  |  | 307,701 |
Software Sales |  |  | 236,803 |  |  |  | - |  |  |  | - |  |  |  | 236,803 |
Engineering Parts |  |  | - |  |  |  | - |  |  |  | 1,100,991 |  |  |  | 1,100,991 |
Services |  |  | 696,800 |  |  |  | 285,841 |  |  |  | 251,757 |  |  |  | 1,234,398 |
Total Revenues |  | $ | 3,984,475 |  |  | $ | 1,458,536 |  |  | $ | 1,621,784 |  |  | $ | 7,064,795 |
Goods transferred at a point in time |  | $ | 2,983,058 |  |  | $ | 1,169,611 |  |  | $ | 269,036 |  |  | $ | 4,421,705 |
Services transferred over time |  |  | 1,001,417 |  |  |  | 288,925 |  |  |  | 1,352,748 |  |  |  | 2,643,090 |
Total Revenues |  | $ | 3,984,475 |  |  | $ | 1,458,536 |  |  | $ | 1,621,784 |  |  | $ | 7,064,795 |
CODA OCTOPUS GROUP, INC. Notes to the Unaudited Consolidated Financial Statements July 31, 2025 and October 31, 2024 NOTE 16 – DISAGGREGATION OF REVENUE (Continued)
|  | Business |  |  | Business |  |  | Total |
|  | For the Three Months Ended July 31, 2024 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business (“Products”) |  |  | Business (“Engineering”) |  |  | 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 Unaudited Consolidated Financial Statements July 31, 2025 and October 31, 2024 NOTE 16 – DISAGGREGATION OF REVENUE (Continued)
|  | Business |  |  | Business |  |  | Business |  |  | Total |
|  | For the Nine Months Ended July 31, 2025 |
|  | Marine |  |  | Acoustic Sensors |  |  | Marine |  |  |  |
|  | Technology |  |  | and Materials |  |  | Engineering |  |  | Grand |
|  | Business (“Products”) |  |  | Business (“PAL”) |  |  | Business (“Engineering”) |  |  | Total |
Disaggregation of Total Net Sales |  |  |  |  |  |  |  |  |  |  |  |
Primary Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 3,474,671 |  |  | $ | 732,083 |  |  | $ | 2,416,400 |  |  | $ | 6,623,154 |
Europe |  |  | 734,877 |  |  |  | 1,816,858 |  |  |  | 2,667,329 |  |  |  | 5,219,064 |
Australia/Asia |  |  | 4,871,995 |  |  |  | 1,422,636 |  |  |  | - |  |  |  | 6,294,631 |
Middle East/Africa |  |  | 1,056,831 |  |  |  | 98,289 |  |  |  | - |  |  |  | 1,155,120 |
Total Revenues |  | $ | 10,138,374 |  |  | $ | 4,069,866 |  |  | $ | 5,083,729 |  |  | $ | 19,291,969 |
Major Goods/Service Lines |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  | $ | 7,800,318 |  |  | $ | 3,467,688 |  |  | $ | 456,547 |  |  | $ | 11,724,553 |
Equipment Rentals |  |  | 697,851 |  |  |  | 3,084 |  |  |  | - |  |  |  | 700,935 |
Software Sales |  |  | 585,651 |  |  |  | 59,600 |  |  |  | - |  |  |  | 645,251 |
Engineering Parts |  |  | - |  |  |  | - |  |  |  | 3,921,190 |  |  |  | 3,921,190 |
Services |  |  | 1,054,554 |  |  |  | 539,494 |  |  |  | 705,992 |  |  |  | 2,300,040 |
Total Revenues |  | $ | 10,138,374 |  |  | $ | 4,069,866 |  |  | $ | 5,083,729 |  |  | $ | 19,291,969 |
Goods transferred at a point in time |  | $ | 8,385,969 |  |  | $ | 3,527,288 |  |  | $ | 471,644 |  |  | $ | 12,384,901 |
Services transferred over time |  |  | 1,752,405 |  |  |  | 542,578 |  |  |  | 4,612,085 |  |  |  | 6,907,068 |
Total Revenues |  | $ | 10,138,374 |  |  | $ | 4,069,866 |  |  | $ | 5,083,729 |  |  | $ | 19,291,969 |
|  | Business |  |  | Business |  |  | Total |
|  | For the Nine Months Ended July 31, 2024 |
|  | Marine |  |  | Marine |  |  |  |
|  | Technology |  |  | Engineering |  |  | Grand |
|  | Business (“Products”) |  |  | Business (“Engineering”) |  |  | 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 |

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration