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DISAGGREGATION OF REVENUE
6 Months Ended
Jun. 30, 2025
DISAGGREGATION OF REVENUE  
DISAGGREGATION OF REVENUE

NOTE 17 – 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, 2025

 

 

June 30, 2024

 

Albania

 

$19,771

 

 

 

-

 

Bulgaria

 

 

12,134

 

 

 

13,690

 

Croatia

 

 

13,771

 

 

 

(80 )

Cyprus

 

 

35,031

 

 

 

50,208

 

Greece

 

 

14,243,627

 

 

 

12,912,561

 

SKOPJE North Macedonia

 

 

16,217

 

 

 

-

 

UAE

 

 

130,791

 

 

 

-

 

UK

 

 

274,360

 

 

 

230,338

 

Total

 

$14,745,702

 

 

$13,206,717

 

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

 

Country

 

 

June 30, 2025

 

 

June 30, 2024

 

Albania

 

 

$56,102

 

 

 

-

 

Bulgaria

 

 

 

24,317

 

 

 

18,342

 

Croatia

 

 

 

16,864

 

 

 

19,263

 

Cyprus

 

 

 

87,593

 

 

 

72,545

 

Greece

 

 

 

27,564,022

 

 

 

27,138,133

 

SKOPJE North Macedonia

 

 

 

16,217

 

 

 

-

 

UAE

 

 

 

130,779

 

 

 

-

 

UK

 

 

 

562,336

 

 

 

542,907

 

Total

 

 

$28,458,230

 

 

$27,791,190