Quarterly report [Sections 13 or 15(d)]

DISAGGREGATION OF REVENUE

v3.25.2
DISAGGREGATION OF REVENUE
 9 Months Ended
Jul. 31, 2025
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 16 – DISAGGREGATION OF REVENUE

 

Information about the Company’s operations in different geographic areas for the three months and nine months ended July 31, 2025, is shown below. Net sales were attributed to geographic areas based on the location of the customer. In the Disaggregation of net revenue information presented for the Previous Quarter, there is no comparative information for the Acoustics Sensors and Material Business (“PAL”) as this business unit was acquired by the Company on October 29, 2024.

 

    Business     Business     Business     Total  
    For the Three Months Ended July 31, 2025  
    Marine     Acoustic Sensors     Marine        
    Technology     and Materials     Engineering     Grand  
    Business
(“Products”)		     Business
(“PAL”)		     Business
(“Engineering”)		     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                                
Americas   $ 1,696,334     $ 299,861     $ 583,940     $ 2,580,135  
Europe     157,227       619,730       1,037,844       1,814,801  
Australia/Asia     1,079,902       501,892       -       1,581,794  
Middle East/Africa     1,051,012       37,053       -       1,088,065  
                                 
Total Revenues   $ 3,984,475     $ 1,458,536     $ 1,621,784     $ 7,064,795  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 2,746,255     $ 1,169,611     $ 269,036     $ 4,184,902  
Equipment Rentals     304,617       3,084       -       307,701  
Software Sales     236,803       -       -       236,803  
Engineering Parts     -       -       1,100,991       1,100,991  
Services     696,800       285,841       251,757       1,234,398  
                                 
Total Revenues   $ 3,984,475     $ 1,458,536     $ 1,621,784     $ 7,064,795  
                                 
Goods transferred at a point in time   $ 2,983,058     $ 1,169,611     $ 269,036     $ 4,421,705  
Services transferred over time     1,001,417       288,925       1,352,748       2,643,090  
                                 
Total Revenues   $ 3,984,475     $ 1,458,536     $ 1,621,784     $ 7,064,795  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Unaudited Consolidated Financial Statements

July 31, 2025 and October 31, 2024

 

NOTE 16 – DISAGGREGATION OF REVENUE (Continued)

 

    Business     Business     Total  
    For the Three Months Ended July 31, 2024  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business
(“Products”)		     Business
(“Engineering”)		     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 Unaudited Consolidated Financial Statements

July 31, 2025 and October 31, 2024

 

NOTE 16 – DISAGGREGATION OF REVENUE (Continued)

 

    Business     Business     Business     Total  
    For the Nine Months Ended July 31, 2025  
    Marine     Acoustic Sensors     Marine        
    Technology     and Materials     Engineering     Grand  
    Business
(“Products”)		     Business
(“PAL”)		     Business
(“Engineering”)		     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                                
Americas   $ 3,474,671     $ 732,083     $ 2,416,400     $ 6,623,154  
Europe     734,877       1,816,858       2,667,329       5,219,064  
Australia/Asia     4,871,995       1,422,636       -       6,294,631  
Middle East/Africa     1,056,831       98,289       -       1,155,120  
                                 
Total Revenues   $ 10,138,374     $ 4,069,866     $ 5,083,729     $ 19,291,969  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 7,800,318     $ 3,467,688     $ 456,547     $ 11,724,553  
Equipment Rentals     697,851       3,084       -       700,935  
Software Sales     585,651       59,600       -       645,251  
Engineering Parts     -       -       3,921,190       3,921,190  
Services     1,054,554       539,494       705,992       2,300,040  
                                 
Total Revenues   $ 10,138,374     $ 4,069,866     $ 5,083,729     $ 19,291,969  
                                 
Goods transferred at a point in time   $ 8,385,969     $ 3,527,288     $ 471,644     $ 12,384,901  
Services transferred over time     1,752,405       542,578       4,612,085       6,907,068  
                                 
Total Revenues   $ 10,138,374     $ 4,069,866     $ 5,083,729     $ 19,291,969  

 

    Business     Business     Total  
    For the Nine Months Ended July 31, 2024  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business
(“Products”)		     Business
(“Engineering”)		     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