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DISAGGREGATION OF REVENUE
9 Months Ended
Sep. 30, 2025
DISAGGREGATION OF REVENUE  
DISAGGREGATION OF REVENUE

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 three months ended:

 

Country

 

September 30,

2025

 

 

September 30,

2024

 

Albania

 

$23,413

 

 

 

-

 

Bulgaria

 

 

10,722

 

 

 

25,507

 

Croatia

 

 

390

 

 

 

107

 

Cyprus

 

 

56,927

 

 

 

16,519

 

Greece

 

 

16,387,246

 

 

 

12,247,597

 

SKOPJE North Macedonia

 

 

375

 

 

 

 

 

UAE

 

 

118,402

 

 

 

-

 

UK

 

 

512,545

 

 

 

121,318

 

USA

 

 

405

 

 

 

-

 

Total

 

$17,110,425

 

 

$12,411,048

 

 

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

 

Country

 

September 30,

2025

 

 

September 30,

2024

 

Albania

 

$79,515

 

 

 

-

 

Bulgaria

 

 

35,040

 

 

 

43,849

 

Croatia

 

 

17,254

 

 

 

19,370

 

Cyprus

 

 

144,520

 

 

 

89,064

 

Greece

 

 

44,023,338

 

 

 

39,385,730

 

SKOPJE North Macedonia

 

 

16,592

 

 

 

-

 

UAE

 

 

249,181

 

 

 

-

 

UK

 

 

1,002,810

 

 

 

664,225

 

USA

 

 

405

 

 

 

-

 

Total

 

$45,568,655

 

 

 

40,202,238