XML 33 R22.htm IDEA: XBRL DOCUMENT

DISAGGREGATION OF REVENUE

6 Months Ended

Jun. 30, 2024

NOTE 16 – 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:

Country	June 30, 2024			June 30, 2023
Croatia	$	(80	)		-
Cyprus		50,208			35,333
Bulgaria		13,690			-
Greece		12,912,561			11,582,138
USA		-			294
UK		230,338			745,664
Total	$	13,206,717		$	12,363,429

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

Country	June 30, 2024		June 30, 2023
Croatia	$	19,263		-
Cyprus		72,545		68,648
Bulgaria		18,342		-
Greece		27,138,133		23,496,370
USA		-		294
UK		542,907		1,147,894
Total	$	27,791,190	$	24,713,206