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DISAGGREGATION OF REVENUE (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
DISAGGREGATION OF REVENUE    
Schedule of Revenue Disaggregation

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

 

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

 

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