Quarterly report [Sections 13 or 15(d)]

DISAGGREGATION OF NET REVENUES

v3.26.3
DISAGGREGATION OF NET REVENUES
 9 Months Ended
Jul. 31, 2026
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF NET REVENUES

Note 16 – DISAGGREGATION OF NET REVENUES

 

Information about the Company’s operations in different geographic areas for the three months and nine months ended July 31, 2026 and 2025, is shown below. Net revenues are attributed to geographic areas based on the location of the customer.

 

                         
      For the Three Months Ended July 31, 2026  
      Marine Technology Business (“Products”)       Acoustics Sensors and Materials Business (“PAL”)       Defense Engineering Services Business (“Services”)       Total  
                                 

Disaggregation of Total Net Revenues

                                
                                 
Primary Geographical Markets                                
Americas   $ 1,597,751     $ 695,814     $ 1,158,580     $ 3,452,145  
Europe     547,970       430,751       1,570,497       2,549,218  
Australia/Asia     959,127       425,320       -       1,384,447  
Middle East/Africa     272,624       59,035       -       331,659  
                                 
Total Revenues   $ 3,377,472     $ 1,610,920     $ 2,729,077     $ 7,717,469  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 2,257,201     $ 1,456,891     $ 42,409     $ 3,756,501  
Equipment Rentals     703,927       -       -       703,927  
Software Sales     94,971       -       -       94,971  
Engineering Parts     -       -       2,575,094       2,575,094  
Services     321,373       154,029       111,574       586,976  
                                 
Total Revenues   $ 3,377,472     $ 1,610,920     $ 2,729,077     $ 7,717,469  
                                 
Goods transferred at a point in time   $ 2,352,172     $ 1,456,891     $ 42,409     $ 3,851,472  
Services transferred over time     1,025,300       154,029       2,686,668       3,865,997  
                                 
Total Revenues   $ 3,377,472     $ 1,610,920     $ 2,729,077     $ 7,717,469  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Unaudited Consolidated Financial Statements

July 31, 2026 and October 31, 2025

 

Note 16 – DISAGGREGATION OF NET REVENUES (Continued)

 

                 
    For the Three Months Ended July 31, 2025  
    Marine Technology Business (“Products”)     Acoustics Sensors and Materials Business (“PAL”)     Defense Engineering Services Business (“Services”)     Total  
Disaggregation of Total Net Revenues                                
                                 
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  

 

                 
    For the Nine Months Ended July 31, 2026  
    Marine Technology Business (“Products”)     Acoustics Sensors and Materials Business (“PAL”)     Defense Engineering Services Business (“Services”)     Total  
Disaggregation of Total Net Revenues                                
                                 
Primary Geographical Markets                                
Americas   $ 2,446,411     $ 1,191,226     $ 2,348,698     $ 5,986,335  
Europe     1,468,864       1,964,867       4,690,325       8,124,056  
Australia/Asia     4,983,527       1,399,620       -       6,383,147  
Middle East/Africa     673,265       164,790       -       838,055  
                                 
Total Revenues   $ 9,572,067     $ 4,720,503     $ 7,039,023     $ 21,331,593  
                                 
Major Goods/Service Lines                                
Equipment Sales   $ 6,292,687     $ 4,108,867     $ 122,574     $ 10,524,128  
Equipment Rentals     2,212,222       -       -       2,212,222  
Software Sales     439,015       -       -       439,015  
Engineering Parts     -       -       6,097,342       6,097,342  
Services     628,143       611,636       819,107       2,058,886  
                                 
Total Revenues   $ 9,572,067     $ 4,720,503     $ 7,039,023     $ 21,331,593  
                                 
Goods transferred at a point in time   $ 6,731,702     $ 4,108,867     $ 122,574     $ 10,963,143  
Services transferred over time     2,840,365       611,636       6,916,449       10,368,450  
                                 
Total Revenues   $ 9,572,067     $ 4,720,503     $ 7,039,023     $ 21,331,593  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Unaudited Consolidated Financial Statements

July 31, 2026 and October 31, 2025

 

Note 16 – DISAGGREGATION OF NET REVENUES (Continued)

 

                 
    For the Nine Months Ended July 31, 2025  
    Marine Technology Business (“Products”)     Acoustics Sensors and Materials Business (“PAL”)     Defense Engineering Services Business (“Services”)     Total  
Disaggregation of Total Net Revenues                                
                                 
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