Quarterly report pursuant to Section 13 or 15(d)

DISAGGREGATION OF REVENUE

v3.24.3
DISAGGREGATION OF REVENUE
 9 Months Ended
Jul. 31, 2024
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 13 – DISAGGREGATION OF REVENUE

 

    Marine     Marine        
    For the Three Months Ended July 31, 2024  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 682,477     $ 1,773,621     $ 2,456,098  
Europe     662,700       654,379       1,317,079  
Australia/Asia     1,497,495       -       1,497,495  
Middle East/Africa     205,872       -       205,872  
                         
Total Revenues   $ 3,048,544     $ 2,428,000     $ 5,476,544  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 1,349,011     $ 329,492     $ 1,678,503  
Equipment Rentals     805,259       -       805,259  
Software Sales     251,488       -       251,488  
Engineering Parts     -       1,922,563       1,922,563  
Services     642,786       175,945       818,731  
                         
Total Revenues   $ 3,048,544     $ 2,428,000     $ 5,476,544  
                         
Goods transferred at a point in time   $ 1,600,499     $ 329,492     $ 1,929,991  
Services transferred over time     1,448,045       2,098,508       3,546,553  
                         
Total Revenues   $ 3,048,544     $ 2,428,000     $ 5,476,544  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

    Marine     Marine        
    For the Three Months Ended July 31, 2023  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 1,321,495     $ 1,285,133     $ 2,606,628  
Europe     503,186       742,148       1,245,334  
Australia/Asia     442,670       -       442,670  
Middle East/Africa     595,900       -       595,900  
                         
Total Revenues   $ 2,863,251     $ 2,027,281     $ 4,890,532  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 2,143,203     $ 81,671     $ 2,224,874  
Equipment Rentals     303,525       -       303,525  
Software Sales     147,453       -       147,453  
Engineering Parts     -       1,377,562       1,377,562  
Services     269,070       568,048       837,118  
                         
Total Revenues   $ 2,863,251     $ 2,027,281     $ 4,890,532  
                         
Goods transferred at a point in time   $ 2,290,656     $ 81,671     $ 2,372,327  
Services transferred over time     572,595       1,945,610       2,518,205  
                         
Total Revenues   $ 2,863,251     $ 2,027,281     $ 4,890,532  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

    Marine     Marine        
    For the Nine Months Ended July 31, 2024  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 1,660,492     $ 3,028,249     $ 4,688,741  
Europe     3,070,710       2,116,640       5,187,350  
Australia/Asia     4,368,330       -       4,368,330  
Middle East/Africa     1,016,492       -       1,016,492  
                         
Total Revenues   $ 10,116,024     $ 5,144,889     $ 15,260,913  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 5,730,411     $ 676,691     $ 6,407,102  
Equipment Rentals     1,885,732       -       1,885,732  
Software Sales     653,759       -       653,759  
Engineering Parts     -       3,844,691       3,844,691  
Services     1,846,122       623,507       2,469,629  
                         
Total Revenues   $ 10,116,024     $ 5,144,889     $ 15,260,913  
                         
Goods transferred at a point in time   $ 6,384,170     $ 676,691     $ 7,060,861  
Services transferred over time     3,731,854       4,468,198       8,200,052  
                         
Total Revenues   $ 10,116,024     $ 5,144,889     $ 15,260,913  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

    Marine     Marine        
    For the Nine Months Ended July 31, 2023  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 3,562,038     $ 3,753,001     $ 7,315,039  
Europe     2,011,784       1,764,485       3,776,269  
Australia/Asia     3,799,349       -       3,799,349  
Middle East/Africa     897,668       -       897,668  
                         
Total Revenues   $ 10,270,839     $ 5,517,486     $ 15,788,325  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 7,215,919     $ 89,624     $ 7,305,543  
Equipment Rentals     1,088,855       -       1,088,855  
Software Sales     784,046       -       784,046  
Engineering Parts     -       3,598,547       3,598,547  
Services     1,182,019       1,829,315       3,011,334  
                         
Total Revenues   $ 10,270,839     $ 5,517,486     $ 15,788,325  
                         
Goods transferred at a point in time   $ 7,999,965     $ 89,624     $ 8,089,589  
Services transferred over time     2,270,874       5,427,862       7,698,736  
                         
Total Revenues   $ 10,270,839     $ 5,517,486     $ 15,788,325