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DISAGGREGATION OF REVENUE (Tables)

12 Months Ended

Dec. 31, 2023

DISAGGREGATION OF REVENUE

Schedule of Revenue Disaggregation

NOTE 18 – 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 years ended:

Country		2023				2022
Croatia		$	26,985			$	38,596
Cyprus			180,404				92,685
Bulgaria			210,033				-
Ireland			1,636				-
Greece			50,526,307				49,812,839
United States			504				-
Cayman Islands			12,632				-
UK			2,418,373				403,532
Total		$	53,376,874			$	50,347,652

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- References

No definition available.

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