Quarterly report pursuant to Section 13 or 15(d)

DISAGGREGATION OF REVENUE

v3.22.4
DISAGGREGATION OF REVENUE
 3 Months Ended
Jan. 31, 2023
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 15 – DISAGGREGATION OF REVENUE

 

    For the Three Months Ended January 31, 2023  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
Revenues                        
Primary Geographical Markets                        
Americas   $ 486,293     $ 1,322,977     $ 1,809,270  
Europe     696,410       449,148       1,145,558  
Australia/Asia     2,432,428       -       2,432,428  
Middle East/Africa     209,028       -       209,028  
                         
Total Revenues   $ 3,824,159     $ 1,772,125     $ 5,596,284  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 2,572,560     $ -     $ 2,572,560  
Equipment Rentals     265,903       -       265,903  
Software Sales     417,170       -       417,170  
Engineering Parts     -       1,149,079       1,149,079  
Services     568,526       623,046       1,191,572  
                         
Total Revenues   $ 3,824,159     $ 1,772,125     $ 5,596,284  
                         
Goods transferred at a point in time   $ 2,989,730     $ -     $ 2,989,730  
Services transferred over time     834,429       1,772,125       2,606,554  
                         
Total Revenues   $ 3,824,159     $ 1,772,125     $ 5,596,284  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2023 and October 31, 2022

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

    For the Three Months Ended January 31, 2022  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
Revenues                        
Primary Geographical Markets                        
Americas   $ 1,709,901     $ 1,204,282     $ 2,914,183  
Europe     838,783       810,178       1,648,961  
Australia/Asia     815,084       -       815,084  
Middle East/Africa     459,980       -       459,980  
                         
Total Revenues   $ 3,823,748     $ 2,014,460     $ 5,838,208  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 1,958,845     $ 436,864     $ 2,395,709  
Equipment Rentals     630,468       -       630,468  
Software Sales     304,796       -       304,796  
Engineering Parts     -       1,300,618       1,300,618  
Services     929,639       276,978       1,206,617  
                         
Total Revenues   $ 3,823,748     $ 2,014,460     $ 5,838,208  
                         
Goods transferred at a point in time   $ 2,263,641     $ 436,866     $ 2,700,507  
Services transferred over time     1,560,107       1,577,594       3,137,701  
                         
Total Revenues   $ 3,823,748     $ 2,014,460     $ 5,838,208  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2023 and October 31, 2022