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SEGMENT ANALYSIS (Tables) | 12 Months Ended
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Oct. 31, 2025
Segment Reporting [Abstract] |
SCHEDULE OF SEGMENT REPORTING INFORMATION | SCHEDULE OF SEGMENT REPORTING INFORMATION
|  | Marine Technology Business (“Products”) |  |  | Acoustic Sensors and Materials Business (“PAL”) |  |  | Defense Engineering Services Business (“Services”) |  |  | Corporate |  |  | Total |
Year Ended October 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Revenues |  | $ | 13,221,339 |  |  | $ | 5,409,954 |  |  | $ | 7,931,833 |  |  | $ | - |  |  | $ | 26,563,126 |
Cost of Revenues |  |  | 3,375,922 |  |  |  | 2,237,430 |  |  |  | 3,287,406 |  |  |  | - |  |  |  | 8,900,758 |
Gross Profit |  |  | 9,845,417 |  |  |  | 3,172,524 |  |  |  | 4,644,427 |  |  |  | - |  |  |  | 17,662,368 |
Research & Development |  |  | 1,858,139 |  |  |  | 414,370 |  |  |  | 175,253 |  |  |  | - |  |  |  | 2,447,762 |
Selling, General & Administrative |  |  | 4,091,421 |  |  |  | 1,920,985 |  |  |  | 2,466,341 |  |  |  | 2,199,831 |  |  |  | 10,678,578 |
Total Operating Expenses |  |  | 5,949,560 |  |  |  | 2,335,355 |  |  |  | 2,641,594 |  |  |  | 2,199,831 |  |  |  | 13,126,340 |
Income (Loss) from Operations |  |  | 3,895,857 |  |  |  | 837,169 |  |  |  | 2,002,833 |  |  |  | (2,199,831 | ) |  |  | 4,536,028 |
Other Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other Income |  |  | 73,331 |  |  |  | 194,761 |  |  |  | - |  |  |  | - |  |  |  | 268,092 |
Interest Income |  |  | 505,465 |  |  |  | 5,661 |  |  |  | 107,106 |  |  |  | 89,865 |  |  |  | 708,097 |
Total Other Income |  |  | 578,796 |  |  |  | 200,422 |  |  |  | 107,106 |  |  |  | 89,865 |  |  |  | 976,189 |
Income (Loss) before Income Taxes |  |  | 4,474,653 |  |  |  | 1,037,591 |  |  |  | 2,109,939 |  |  |  | (2,109,966 | ) |  |  | 5,512,217 |
Income Tax Expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current Tax Expense |  |  | 201,167 |  |  |  | 43,118 |  |  |  | 183,338 |  |  |  | 722,192 |  |  |  | 1,149,815 |
Deferred Tax Expense (Benefit) |  |  | 188,755 |  |  |  | 91,045 |  |  |  | 13,252 |  |  |  | (60,580 | ) |  |  | 232,472 |
Total Income Tax Expense |  |  | 389,922 |  |  |  | 134,163 |  |  |  | 196,590 |  |  |  | 661,612 |  |  |  | 1,382,287 |
Net Income (Loss) |  | $ | 4,084,731 |  |  | $ | 903,428 |  |  | $ | 1,913,349 |  |  | $ | (2,771,578 | ) |  | $ | 4,129,930 |
Supplemental Disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Assets |  | $ | 38,279,403 |  |  | $ | 7,100,814 |  |  | $ | 14,766,853 |  |  | $ | 4,346,492 |  |  | $ | 64,493,562 |
Total Liabilities |  | $ | 2,969,095 |  |  | $ | 1,376,533 |  |  | $ | 1,198,902 |  |  | $ | 833,618 |  |  | $ | 6,378,148 |
Revenues from Intercompany Sales - eliminated from sales above |  | $ | 6,144,638 |  |  | $ | 51,896 |  |  | $ | 374,311 |  |  | $ | 2,600,000 |  |  | $ | 9,170,845 |
Depreciation and Amortization |  | $ | 563,530 |  |  | $ | 710,565 |  |  | $ | 65,480 |  |  | $ | 51,935 |  |  | $ | 1,391,510 |
Purchases of Long-lived Assets |  | $ | 531,792 |  |  | $ | 248,560 |  |  | $ | 53,980 |  |  | $ | 336,386 |  |  | $ | 1,170,718 |
CODA OCTOPUS GROUP, INC. Notes to the Consolidated Financial Statements October 31, 2025 and 2024
|  | Marine Technology Business (“Products”) |  |  | Defense Engineering Services Business (“Services”) |  |  | Corporate |  |  | Total |
Year Ended October 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Revenues |  | $ | 12,806,603 |  |  | $ | 7,509,558 |  |  | $ | - |  |  | $ | 20,316,161 |
Cost of Revenues |  |  | 2,824,541 |  |  |  | 3,318,515 |  |  |  | - |  |  |  | 6,143,056 |
Gross Profit |  |  | 9,982,062 |  |  |  | 4,191,043 |  |  |  | - |  |  |  | 14,173,105 |
Research & Development |  |  | 2,019,112 |  |  |  | 223,317 |  |  |  | - |  |  |  | 2,242,429 |
Selling, General & Administrative |  |  | 3,814,860 |  |  |  | 2,248,493 |  |  |  | 2,283,192 |  |  |  | 8,346,545 |
Total Operating Expenses |  |  | 5,833,972 |  |  |  | 2,471,810 |  |  |  | 2,283,192 |  |  |  | 10,588,974 |
Income (Loss) from Operations |  |  | 4,148,090 |  |  |  | 1,719,233 |  |  |  | (2,283,192 | ) |  |  | 3,584,131 |
Other Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other Income |  |  | 53,960 |  |  |  | 34,422 |  |  |  | - |  |  |  | 88,382 |
Interest Income |  |  | 657,817 |  |  |  | 198,239 |  |  |  | 82,719 |  |  |  | 938,775 |
Total Other Income |  |  | 711,777 |  |  |  | 232,661 |  |  |  | 82,719 |  |  |  | 1,027,157 |
Income (Loss) before Income Taxes |  |  | 4,859,867 |  |  |  | 1,951,894 |  |  |  | (2,200,473 | ) |  |  | 4,611,288 |
Income Tax Expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current Tax Expense |  |  | 316,955 |  |  |  | 169,374 |  |  |  | 227,341 |  |  |  | 713,670 |
Deferred Tax (Benefit) Expense |  |  | (5,655 | ) |  |  | 19,169 |  |  |  | 238,108 |  |  |  | 251,622 |
Total Income Tax Expense |  |  | 311,300 |  |  |  | 188,543 |  |  |  | 465,449 |  |  |  | 965,292 |
Net Income (Loss) |  | $ | 4,548,567 |  |  | $ | 1,763,351 |  |  | $ | (2,665,922 | ) |  | $ | 3,645,996 |
*Supplemental Disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Assets* |  | $ | 40,922,453 |  |  | $ | 13,404,567 |  |  | $ | 3,217,524 |  |  | $ | 57,544,544 |
Total Liabilities* |  | $ | 3,072,876 |  |  | $ | 842,450 |  |  | $ | 500,695 |  |  | $ | 4,416,021 |
Revenues from Intercompany Sales - eliminated from sales above* |  | $ | 3,367,839 |  |  | $ | 238,143 |  |  | $ | 1,266,000 |  |  | $ | 4,871,982 |
Depreciation and Amortization* |  | $ | 632,882 |  |  | $ | 88,166 |  |  | $ | 49,487 |  |  | $ | 770,535 |
Purchases of Long-lived Assets* |  | $ | 345,191 |  |  | $ | 23,786 |  |  | $ | 89,103 |  |  | $ | 458,080 |
| * | In the 2024 FY Supplemental Disclosures Information, the Marine Technology Business Disclosure under “Total Assets” includes $4,529,648 of assets pertaining to PAL and under “Total Liabilities” includes $1,455,145 of liabilities pertaining to PAL. There was no Revenue from Intercompany Sales, Depreciation and Amortization or Purchases of Long-lived Assets pertaining to PAL.

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