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DISAGGREGATION OF REVENUE
 3 Months Ended
Mar. 31, 2024
DISAGGREGATION OF REVENUE  
DISAGGREGATION OF REVENUE

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 March 31, 2024 and 2023:

 

Country

 

2024

 

 

2023

 

Croatia

 

$19,344

 

 

 

-

 

Cyprus

 

 

22,737

 

 

 

33,315

 

Bulgaria

 

 

4,651

 

 

 

-

 

Greece

 

 

14,225,572

 

 

 

11,914,231

 

UK

 

 

312,569

 

 

 

402,231

 

Total

 

$14,584,473

 

 

$12,349,777