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DISAGGREGATION OF REVENUE | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
DISAGGREGATION OF REVENUE | NOTE－ 3 DISAGGREGATION OF REVENUE The following tables present the Company’s revenue disaggregated by business segment and geography, based on management’s assessment of available data: SCHEDULE OF BUSINESS SEGMENT AND GEOGRAPHY
|  | Financial Years ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
|  | $’000 |  |  | $’000 |  |  | $’000 |
Sales at a single point in time |  |  |  |  |  |  |  |  |  |  |  |
Equipment Sales |  |  | 32,202 |  |  |  | 26,095 |  |  |  | 22,045 |
Services |  |  | 2,354 |  |  |  | 2,892 |  |  |  | 2,746 |
Total sales at a single point in time |  |  | 34,556 |  |  |  | 28,987 |  |  |  | 24,791 |
Sales over time |  |  |  |  |  |  |  |  |  |  |  |
Rental |  |  | 3,803 |  |  |  | 4,419 |  |  |  | 5,095 |
Total sales over time |  |  | 38,359 |  |  |  | 33,406 |  |  |  | 29,886 |
In accordance with ASC 280, Segment Reporting (“ASC 280”), we have one reportable geographic segment. Sales are based on the countries in which the customer is located. Summarized financial information concerning our geographic segments is shown in the following tables:
|  | Financial Years ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
|  | $’000 |  |  | $’000 |  |  | $’000 |
Singapore |  |  | 15,811 |  |  |  | 13,884 |  |  |  | 20,874 |
Australia |  |  | 9,056 |  |  |  | 10,064 |  |  |  | 167 |
Other countries |  |  | 13,492 |  |  |  | 9,458 |  |  |  | 8,845 |
Total |  |  | 38,359 |  |  |  | 33,406 |  |  |  | 29,886 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI https://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
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