Quarterly report [Sections 13 or 15(d)]

DISAGGREGATION OF NET REVENUE

v3.26.1
DISAGGREGATION OF NET REVENUE
 6 Months Ended
Apr. 30, 2026
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF NET REVENUE

NOTE 16 – DISAGGREGATION OF NET REVENUE

 

Information about the Company’s operations in different geographic areas for the three months and six months ended April 30, 2026 and 2025, is shown below. Net revenues were attributed to geographic areas based on the location of the customer.

 

                 
    For the Three Months Ended April 30, 2026  
    Marine Technology Business (“Products”)     Acoustic Sensors and Materials Business (“PAL”)     Defense Engineering Services Business (“Services”)     Total  
Disaggregation of Total Net Revenues                                
                                 
Primary Geographical Markets                                
Americas   $ 573,083     $ 311,322     $ 788,204     $ 1,672,609  
Europe     475,734       958,288       1,750,392       3,184,414  
Australia/Asia     1,423,313       213,917       -       1,637,230  
Middle East/Africa     367,462       42,297       -       409,759  
                                 
Total Revenues   $ 2,839,592     $ 1,525,824     $ 2,538,596     $ 6,904,012  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 1,763,606     $ 1,350,500     $ 37,169     $ 3,151,275  
Equipment Rentals     761,338       -       -       761,338  
Software Sales     134,954       -       -       134,954  
Engineering Parts     -       -       2,099,301       2,099,301  
Services     179,694       175,324       402,126       757,144  
                                 
Total Revenues   $ 2,839,592     $ 1,525,824     $ 2,538,596     $ 6,904,012  
                                 
Goods transferred at a point in time   $ 1,898,560     $ 1,350,500     $ 37,169     $ 3,286,229  
Services transferred over time     941,032       175,324       2,501,427       3,617,783  
                                 
Total Revenues   $ 2,839,592     $ 1,525,824     $ 2,538,596     $ 6,904,012  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Unaudited Consolidated Financial Statements

April 30, 2026 and October 31, 2025

 

NOTE 16 – DISAGGREGATION OF NET REVENUE (Continued)

 

                 
    For the Three Months Ended April 30, 2025  
    Marine Technology Business (“Products”)     Acoustic Sensors and Materials Business (“PAL”)     Defense Engineering Services Business (“Services”)     Total  
Disaggregation of Total Net Revenues                                
                                 
Primary Geographical Markets                                
Americas   $ 1,423,701     $ 176,799     $ 1,143,682     $ 2,744,182  
Europe     254,107       551,654       696,618       1,502,379  
Australia/Asia     2,200,282       548,276       -       2,748,558  
Middle East/Africa     -       22,340       -       22,340  
                                 
Total Revenues   $ 3,878,090     $ 1,299,069     $ 1,840,300     $ 7,017,459  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 3,319,322     $ 1,134,281     $ 45,583     $ 4,499,186  
Equipment Rentals     168,791       -       -       168,791  
Software Sales     228,053       -       -       228,053  
Engineering Parts     -       -       1,603,789       1,603,789  
Services     161,924       164,788       190,928       517,640  
                                 
Total Revenues   $ 3,878,090     $ 1,299,069     $ 1,840,300     $ 7,017,459  
                                 
Goods transferred at a point in time   $ 3,547,375     $ 1,134,281     $ 45,583     $ 4,727,239  
Services transferred over time     330,715       164,788       1,794,717       2,290,220  
                                 
Total Revenues   $ 3,878,090     $ 1,299,069     $ 1,840,300     $ 7,017,459  

 

                 
    For the Six Months Ended April 30, 2026  
    Marine Technology Business (“Products”)     Acoustic Sensors and Materials Business (“PAL”)     Defense Engineering Services Business (“Services”)     Total  
Disaggregation of Total Net Sales                                
                                 
Primary Geographical Markets                                
Americas   $ 848,660     $ 495,412     $ 1,190,118     $ 2,534,190  
Europe     920,894       1,534,116       3,119,828       5,574,838  
Australia/Asia     4,024,400       974,300       -       4,998,700  
Middle East/Africa     400,641       105,755       -       506,396  
                                 
Total Revenues   $ 6,194,595     $ 3,109,583     $ 4,309,946     $ 13,614,124  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 4,035,486     $ 2,651,976     $ 80,165     $ 6,767,627  
Equipment Rentals     1,508,295       -       -       1,508,295  
Software Sales     344,044       -       -       344,044  
Engineering Parts     -       -       3,522,248       3,522,248  
Services     306,770       457,607       707,533       1,471,910  
                                 
Total Revenues   $ 6,194,595     $ 3,109,583     $ 4,309,946     $ 13,614,124  
                                 
Goods transferred at a point in time   $ 4,379,530     $ 2,651,976     $ 80,165     $ 7,111,671  
Services transferred over time     1,815,065       457,607       4,229,781       6,502,453  
                                 
Total Revenues   $ 6,194,595     $ 3,109,583     $ 4,309,946     $ 13,614,124  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Unaudited Consolidated Financial Statements

April 30, 2026 and October 31, 2025

 

NOTE 16 – DISAGGREGATION OF NET REVENUE (Continued)

 

                 
    For the Six Months Ended April 30, 2025  
    Marine Technology Business (“Products”)     Acoustic Sensors and Materials Business (“PAL”)     Defense Engineering Services Business (“Services”)     Total  
Disaggregation of Total Net Revenues                                
                                 
Primary Geographical Markets                                
Americas   $ 1,778,337     $ 432,222     $ 1,832,460     $ 4,043,019  
Europe     577,650       1,197,128       1,629,485       3,404,263  
Australia/Asia     3,792,093       920,744       -       4,712,837  
Middle East/Africa     5,819       61,236       -       67,055  
                                 
Total Revenues   $ 6,153,899     $ 2,611,330     $ 3,461,945     $ 12,227,174  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 5,054,063     $ 2,298,077     $ 187,511     $ 7,539,651  
Equipment Rentals     393,234       -       -       393,234  
Software Sales     348,848       59,600       -       408,448  
Engineering Parts     -       -       2,820,199       2,820,199  
Services     357,754       253,653       454,235       1,065,642  
                                 
Total Revenues   $ 6,153,899     $ 2,611,330     $ 3,461,945     $ 12,227,174  
                                 
Goods transferred at a point in time   $ 5,402,911     $ 2,357,677     $ 202,608     $ 7,963,196  
Services transferred over time     750,988       253,653       3,259,337       4,263,978  
                                 
Total Revenues   $ 6,153,899     $ 2,611,330     $ 3,461,945     $ 12,227,174