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DISAGGREGATION OF REVENUE
6 Months Ended
Jun. 30, 2020
DISAGGREGATION OF REVENUE  
NOTE 15 - DISAGGREGATION OF REVENUE

ASC 606-10-50-5 requires that entities disclose disaggregated revenue information in categories (such as type of good or service, geography, market, type of contract, etc.). ASC 606-10-55-89 explains that the extent to which an entity’s revenue is disaggregated depends on the facts and circumstances that pertain to the entity’s contracts with customers and that some entities may need to use more than one type of category to meet the objective for disaggregating revenue.

 

The Company disaggregates revenue by country to depict the nature and economic characteristics affecting revenue. The following table presents our revenue disaggregated by country for the six months ended:

 

Country

 

June 30,

2020

 

 

June 30,

2019

 

Croatia

 

$ 8,617

 

 

$ 5,366

 

Denmark

 

 

-

 

 

 

66,814

 

France

 

 

1,091

 

 

 

90,145

 

Germany

 

 

792,540

 

 

 

3,287,079

 

Greece

 

 

22,657,446

 

 

 

11,205,579

 

Hungary

 

 

36,240

 

 

 

167,088

 

Indonesia

 

 

-

 

 

 

7,235

 

Ireland

 

 

35,104

 

 

 

213,828

 

Italy

 

 

22,048

 

 

 

112,386

 

Jordan

 

 

9,322

 

 

 

20,322

 

Libya

 

 

41,972

 

 

 

-

 

Netherlands

 

 

38,252

 

 

 

550,986

 

Poland

 

 

28,352

 

 

 

228,469

 

Turkey

 

 

 

 

 

 

24,562

 

UK

 

 

1,082,236

 

 

 

2,217,438

 

Total

 

$ 24,753,220

 

 

$ 18,197,297