| SCHEDULE OF INTANGIBLE ASSETS |
Intangibles
consisted of the following as of:
SCHEDULE OF INTANGIBLE ASSETS
| |
|
Average |
|
|
July
31, 2025 |
|
|
October
31, 2024 |
|
| |
|
Life |
|
|
Gross |
|
|
Accumulated |
|
|
|
|
|
Gross |
|
|
Accumulated |
|
|
|
|
| Fiscal Period |
|
Years |
|
|
Asset |
|
|
Amortization |
|
|
Net |
|
|
Asset |
|
|
Amortization |
|
|
Net |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer Relationships |
|
10 |
|
|
$ |
919,503 |
|
|
$ |
(919,503 |
) |
|
$ |
- |
|
|
$ |
919,503 |
|
|
$ |
(919,503 |
) |
|
$ |
- |
|
| Non-Compete Agreements |
|
4 |
|
|
|
423,548 |
|
|
|
(241,853 |
) |
|
|
181,695 |
|
|
|
423,548 |
|
|
|
(198,911 |
) |
|
|
224,637 |
|
| Value of Technology |
|
7 |
|
|
|
2,947,155 |
|
|
|
(321,938 |
) |
|
|
2,625,217 |
|
|
|
2,947,155 |
|
|
|
- |
|
|
|
2,947,155 |
|
| Patents |
|
10 |
|
|
|
837,366 |
|
|
|
(342,191 |
) |
|
|
495,175 |
|
|
|
820,555 |
|
|
|
(305,313 |
) |
|
|
515,242 |
|
| Total intangible assets |
|
|
|
|
$ |
5,127,572 |
|
|
$ |
(1,825,485 |
) |
|
$ |
3,302,087 |
|
|
$ |
5,110,761 |
|
|
$ |
(1,423,727 |
) |
|
$ |
3,687,034 |
|
|
| SCHEDULE OF GOODWILL |
Goodwill
consisted of the following as of:
SCHEDULE OF GOODWILL
| |
|
July 31, |
|
|
October 31, |
|
| |
|
2025 |
|
|
2024 |
|
| |
|
|
|
|
|
|
|
*Coda
Octopus Engineering, Inc.
|
|
$ |
2,038,669 |
|
|
$ |
2,038,669 |
|
| Coda Octopus Products, Ltd |
|
|
62,315 |
|
|
|
62,315 |
|
| Coda Octopus Martech, Ltd |
|
|
1,281,124 |
|
|
|
1,281,124 |
|
| Precision Acoustics,
Ltd |
|
|
257,226 |
|
|
|
257,226 |
|
| |
|
|
|
|
|
|
|
|
| Total Goodwill |
|
$ |
3,639,334 |
|
|
$ |
3,639,334 |
|
| * |
This
business unit changed its name from Coda Octopus Colmek, Inc. to Coda Octopus Engineering, Inc. with effect from March 17, 2025. |
|