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DISAGGREGATION OF REVENUE

6 Months Ended

Jun. 30, 2021

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 three months ended:

	June 30,		June 30,
Country	2021		2020
France	$	-		-
Germany		3		125,238
Greece		14,504,869		11,967,758
Hungary		-		100
Ireland		-		(9	)
Italy		4		16,007
Jordan		-		(95	)
Denmark		14		-
Cyprus		64,225		-
UK		265,828		697,609
Croatia		11,982		8,617
Libya		-		-
Netherlands		-		4,797
Poland		-		(50	)
Total	$	14,846,925	$	12,819,972

The following table presents our revenue disaggregated by country for the six months ended:

Country	June 30, 2021		June 30, 2020
Croatia	$	11,982	$	8,617
Denmark		54,700		-
France		-		1,091
Germany		13,617		792,540
Greece		25,958,364		22,657,446
Hungary		-		36,240
Ireland		-		35,104
Italy		15,731		22,048
Jordan		-		9,322
Libya				41,972
Netherlands		-		38,252
Poland		-		28,352
Cyprus		78,948		-
UK		332,659		1,082,236
Total	$	26,466,001	$	24,753,220