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DISAGGREGATION OF REVENUE

9 Months Ended

Sep. 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:

	September 30,			September 30,
Country	2021			2020
France	$	-			179
Germany		(102	)		155,742
Greece		13,555,718			13,405,280
Hungary		-			641
Ireland		-			730
Italy		(118	)		5,217
Jordan		-			10,389
Denmark		(488	)		229,929
Cyprus		13,982			5,343
UK		23,318			419,025
Croatia		3,107			23
Libya		-			872
Netherlands		-			118.140
Poland		-			589
Total	$	13,595,418		$	14,352,099

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

Country	September 30, 2021		September 30, 2020
Croatia	$	15,010	$	8,796
Denmark		54,291		229,929
France		-		1,113
Germany		13,515		948,282
Greece		39,514,083		36,062,729
Hungary		-		36,881
Ireland		-		35,833
Italy		15,613		27,265
Jordan		-		19,710
Libya		-		42,844
Netherlands		-		156,392
Poland		-		28,941
Cyprus		92,930		5,343
UK		355,977		1,501,261
Total	$	40,061,419	$	39,105,318