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