Schedule of Segment Reporting Information |
|
|
Marine Technology Business (Products) |
|
|
Marine Engineering Business (Services) |
|
|
Overhead |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended April 30, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from External Customers |
|
$ |
4,184,409 |
|
|
$ |
1,188,667 |
|
|
$ |
- |
|
|
$ |
5,373,076 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of Revenues |
|
|
1,022,701 |
|
|
|
600,771 |
|
|
|
- |
|
|
|
1,623,472 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Profit |
|
|
3,161,708 |
|
|
|
587,896 |
|
|
|
- |
|
|
|
3,749,604 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research & Development |
|
|
538,878 |
|
|
|
106,403 |
|
|
|
- |
|
|
|
645,281 |
|
Selling, General & Administrative |
|
|
800,622 |
|
|
|
552,067 |
|
|
|
427,312 |
|
|
|
1,780,001 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Operating Expenses |
|
|
1,339,500 |
|
|
|
658,470 |
|
|
|
427,312 |
|
|
|
2,425,282 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (Loss) from Operations |
|
|
1,822,208 |
|
|
|
(70,574 |
) |
|
|
(427,312 |
) |
|
|
1,324,322 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other (Expense) Income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income |
|
|
68,583 |
|
|
|
16 |
|
|
|
846 |
|
|
|
69,445 |
|
Funding from Paycheck Protection Program |
|
|
122,327 |
|
|
|
436,574 |
|
|
|
- |
|
|
|
558,901 |
|
Interest Expense |
|
|
(3,518 |
) |
|
|
(4,544 |
) |
|
|
(5,579 |
) |
|
|
(13,641 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Other Income (Expense) |
|
|
187,392 |
|
|
|
432,046 |
|
|
|
(4,733 |
) |
|
|
614,705 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) before Income Taxes |
|
|
2,009,600 |
|
|
|
361,472 |
|
|
|
(432,045 |
) |
|
|
1,939,027 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Tax (Expense) Benefit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Tax Benefit |
|
|
72,292 |
|
|
|
237,670 |
|
|
|
- |
|
|
|
309,962 |
|
Deferred Tax (Expense) |
|
|
(102,585 |
) |
|
|
112,550 |
|
|
|
(51,021 |
) |
|
|
(41,056 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Income Tax (Expense) Benefit |
|
|
(30,293 |
) |
|
|
350,220 |
|
|
|
(51,021 |
) |
|
|
268,906 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) |
|
$ |
1,979,307 |
|
|
$ |
711,692 |
|
|
$ |
(483,066 |
) |
|
$ |
2,207,933 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supplemental Disclosures |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
|
$ |
27,086,894 |
|
|
$ |
14,667,654 |
|
|
$ |
966,418 |
|
|
$ |
42,720,966 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
|
$ |
1,839,295 |
|
|
$ |
1,027,958 |
|
|
$ |
586,739 |
|
|
$ |
3,453,992 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from Intercompany Sales - eliminated from sales above |
|
$ |
504,411 |
|
|
$ |
90,443 |
|
|
$ |
675,000 |
|
|
$ |
1,269,854 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and Amortization |
|
$ |
200,536 |
|
|
$ |
26,436 |
|
|
$ |
6,709 |
|
|
$ |
233,681 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Sales) Purchases of Long-lived Assets |
|
$ |
144,232 |
|
|
$ |
1,371 |
|
|
$ |
44,442 |
|
|
$ |
190,045 |
|
|
|
Marine Technology Business (Products) |
|
|
Marine Engineering Business (Services) |
|
|
Overhead |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended April 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from External Customers |
|
$ |
1,691,199 |
|
|
$ |
1,598,019 |
|
|
$ |
- |
|
|
$ |
3,289,218 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of Revenues |
|
|
406,853 |
|
|
|
956,951 |
|
|
|
- |
|
|
|
1,363,804 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Profit |
|
|
1,284,346 |
|
|
|
641,068 |
|
|
|
- |
|
|
|
1,925,414 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research & Development |
|
|
442,696 |
|
|
|
270,945 |
|
|
|
- |
|
|
|
713,641 |
|
Selling, General & Administrative |
|
|
692,177 |
|
|
|
527,039 |
|
|
|
313,994 |
|
|
|
1,533,210 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Operating Expenses |
|
|
1,134,873 |
|
|
|
797,984 |
|
|
|
313,994 |
|
|
|
2,246,851 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (Loss) from Operations |
|
|
149,473 |
|
|
|
(156,916 |
) |
|
|
(313,994 |
) |
|
|
(321,437 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income (Expense) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other (Expense) Income |
|
|
(327 |
) |
|
|
16 |
|
|
|
- |
|
|
|
(311 |
) |
Interest Expense |
|
|
(2,395 |
) |
|
|
(3,959 |
) |
|
|
(12,102 |
) |
|
|
(18,456 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Other (Expense) |
|
|
(2,722 |
) |
|
|
(3,943 |
) |
|
|
(12,102 |
) |
|
|
(18,767 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) before Income Taxes |
|
|
146,751 |
|
|
|
(160,859 |
) |
|
|
(326,096 |
) |
|
|
(340,204 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Tax (Expense) Benefit |
|
|
(6,397 |
) |
|
|
(4,045 |
) |
|
|
45,268 |
|
|
|
34,826 |
|
Deferred Tax (Expense) Benefit |
|
|
(1,354 |
) |
|
|
142,793 |
|
|
|
(101,141 |
) |
|
|
40,298 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Income Tax (Expense) Benefit |
|
|
(7,751 |
) |
|
|
138,748 |
|
|
|
(55,873 |
) |
|
|
75,124 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) |
|
$ |
139,000 |
|
|
$ |
(22,111 |
) |
|
$ |
(381,969 |
) |
|
$ |
(265,080 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supplemental Disclosures |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
|
$ |
21,256,131 |
|
|
$ |
14,231,702 |
|
|
$ |
1,050,834 |
|
|
$ |
36,538,667 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
|
$ |
2,907,719 |
|
|
$ |
1,380,925 |
|
|
$ |
921,492 |
|
|
$ |
5,210,136 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from Intercompany Sales - eliminated from sales above |
|
$ |
277,658 |
|
|
$ |
4,687 |
|
|
$ |
675,000 |
|
|
$ |
957,345 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and Amortization |
|
$ |
94,599 |
|
|
$ |
2,745 |
|
|
$ |
4,112 |
|
|
$ |
101,456 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Sales) Purchases of Long-lived Assets |
|
$ |
(158,874 |
) |
|
$ |
(8,441 |
) |
|
$ |
14,554 |
|
|
$ |
(152,761 |
) |
|
|
Marine Technology Business (Products) |
|
|
Marine Engineering Business (Services) |
|
|
Overhead |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended April 30, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from External Customers |
|
$ |
7,932,688 |
|
|
$ |
2,490,847 |
|
|
$ |
- |
|
|
$ |
10,423,535 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of Revenues |
|
|
1,916,976 |
|
|
|
1,442,033 |
|
|
|
- |
|
|
|
3,359,009 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Profit |
|
|
6,015,712 |
|
|
|
1,048,814 |
|
|
|
- |
|
|
|
7,064,526 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research & Development |
|
|
980,622 |
|
|
|
247,798 |
|
|
|
- |
|
|
|
1,228,420 |
|
Selling, General & Administrative |
|
|
1,534,447 |
|
|
|
1,119,626 |
|
|
|
939,294 |
|
|
|
3,593,367 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Operating Expenses |
|
|
2,515,069 |
|
|
|
1,367,424 |
|
|
|
939,294 |
|
|
|
4,821,787 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (Loss) from Operations |
|
|
3,500,643 |
|
|
|
(318,610 |
) |
|
|
(939,294 |
) |
|
|
2,242,739 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income (Expense) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income |
|
|
70,619 |
|
|
|
34 |
|
|
|
846 |
|
|
|
71,499 |
|
Funding from Paycheck Protection Program |
|
|
122,327 |
|
|
|
526,545 |
|
|
|
- |
|
|
|
648,872 |
|
Interest Expense |
|
|
(5,771 |
) |
|
|
(9,695 |
) |
|
|
(12,689 |
) |
|
|
(28,155 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Other Income (Expense) |
|
|
187,175 |
|
|
|
516,884 |
|
|
|
(11,843 |
) |
|
|
692,216 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) before Income Taxes |
|
|
3,687,818 |
|
|
|
198,274 |
|
|
|
(951,137 |
) |
|
|
2,934,955 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Tax Benefit (Expense) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Tax Benefit |
|
|
84,945 |
|
|
|
237,670 |
|
|
|
12,072 |
|
|
|
334,687 |
|
Deferred Tax (Expense) Benefit |
|
|
(113,740 |
) |
|
|
264,636 |
|
|
|
(83,761 |
) |
|
|
67,135 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Income Tax Benefit (Expense) |
|
|
(28,795 |
) |
|
|
502,306 |
|
|
|
(71,689 |
) |
|
|
401,822 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) |
|
$ |
3,659,023 |
|
|
$ |
700,580 |
|
|
$ |
(1,022,826 |
) |
|
$ |
3,336,777 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supplemental Disclosures |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
|
$ |
27,086,894 |
|
|
$ |
14,667,654 |
|
|
$ |
966,418 |
|
|
$ |
42,720,966 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
|
$ |
1,839,295 |
|
|
$ |
1,027,958 |
|
|
$ |
586,739 |
|
|
$ |
3,453,992 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from Intercompany Sales - eliminated from sales above |
|
$ |
875,040 |
|
|
$ |
139,644 |
|
|
$ |
1,350,000 |
|
|
$ |
2,364,684 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and Amortization |
|
$ |
512,658 |
|
|
$ |
74,081 |
|
|
$ |
13,125 |
|
|
$ |
599,864 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchases of Long-lived Assets |
|
$ |
544,207 |
|
|
$ |
5,548 |
|
|
$ |
49,434 |
|
|
$ |
599,189 |
|
|
|
Marine Technology Business (Products) |
|
|
Marine Engineering Business (Services) |
|
|
Overhead |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended April 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from External Customers |
|
$ |
5,324,011 |
|
|
$ |
4,646,186 |
|
|
$ |
- |
|
|
$ |
9,970,197 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of Revenues |
|
|
1,062,530 |
|
|
|
2,707,813 |
|
|
|
- |
|
|
|
3,770,343 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Profit |
|
|
4,261,481 |
|
|
|
1,938,373 |
|
|
|
- |
|
|
|
6,199,854 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research & Development |
|
|
999,425 |
|
|
|
477,383 |
|
|
|
165,098 |
|
|
|
1,641,906 |
|
Selling, General & Administrative |
|
|
1,560,175 |
|
|
|
1,163,335 |
|
|
|
701,378 |
|
|
|
3,424,888 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Operating Expenses |
|
|
2,559,600 |
|
|
|
1,640,718 |
|
|
|
866,476 |
|
|
|
5,066,794 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (Loss) from Operations |
|
|
1,701,881 |
|
|
|
297,655 |
|
|
|
(866,476 |
) |
|
|
1,133,060 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income (Expense) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income |
|
|
12,497 |
|
|
|
16 |
|
|
|
- |
|
|
|
12,513 |
|
Interest (Expense) |
|
|
(5,627 |
) |
|
|
(7,641 |
) |
|
|
(24,802 |
) |
|
|
(38,070 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Other Income (Expense) |
|
|
6,870 |
|
|
|
(7,625 |
) |
|
|
(24,802 |
) |
|
|
(25,557 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) before Income Taxes |
|
|
1,708,751 |
|
|
|
290,030 |
|
|
|
(891,278 |
) |
|
|
1,107,503 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Tax Benefit (Expense) |
|
|
19,436 |
|
|
|
- |
|
|
|
(7,957 |
) |
|
|
11,479 |
|
Deferred Tax Benefit (Expense) |
|
|
(79,493 |
) |
|
|
130,558 |
|
|
|
(88,354 |
) |
|
|
(37,289 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Income Tax Benefit (Expense) |
|
|
(60,057 |
) |
|
|
130,558 |
|
|
|
(96,311 |
) |
|
|
(25,810 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) |
|
$ |
1,648,694 |
|
|
$ |
420,588 |
|
|
$ |
(987,589 |
) |
|
$ |
1,081,693 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supplemental Disclosures |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
|
$ |
21,256,131 |
|
|
$ |
14,231,702 |
|
|
$ |
1,050,834 |
|
|
$ |
36,538,667 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
|
$ |
2,907,719 |
|
|
$ |
1,380,925 |
|
|
$ |
921,492 |
|
|
$ |
5,210,136 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from Intercompany Sales - eliminated from sales above |
|
$ |
580,480 |
|
|
$ |
105,216 |
|
|
$ |
1,350,000 |
|
|
$ |
2,035,696 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and Amortization |
|
$ |
277,592 |
|
|
$ |
46,425 |
|
|
$ |
9,403 |
|
|
$ |
333,420 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchases of Long-lived Assets |
|
$ |
440,727 |
|
|
$ |
1,152 |
|
|
$ |
48,519 |
|
|
$ |
490,398 |
|
|
Schedule of Disaggregate of Revenue from Contracts for Sale with Customers by Geographic Location |
|
|
For the Three Months Ended April 30, 2021 |
|
|
|
Marine |
|
|
Marine |
|
|
|
|
|
|
Technology |
|
|
Engineering |
|
|
Grand |
|
|
|
Business |
|
|
Business |
|
|
Total |
|
Disaggregation of Total Net Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Primary Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
$ |
914,529 |
|
|
$ |
597,463 |
|
|
$ |
1,511,992 |
|
Europe |
|
|
1,665,643 |
|
|
|
591,204 |
|
|
|
2,256,847 |
|
Australia/Asia |
|
|
1,487,023 |
|
|
|
- |
|
|
|
1,487,023 |
|
Middle East/Africa |
|
|
117,214 |
|
|
|
- |
|
|
|
117,214 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
4,184,409 |
|
|
$ |
1,188,667 |
|
|
$ |
5,373,076 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major Goods/Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
Equipment Sales |
|
$ |
3,090,462 |
|
|
$ |
93,505 |
|
|
$ |
3,183,967 |
|
Equipment Rentals |
|
|
598,190 |
|
|
|
- |
|
|
|
598,190 |
|
Software Sales |
|
|
221,053 |
|
|
|
- |
|
|
|
221,053 |
|
Engineering Parts |
|
|
- |
|
|
|
778,369 |
|
|
|
778,369 |
|
Services |
|
|
274,704 |
|
|
|
316,792 |
|
|
|
591,496 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
4,184,409 |
|
|
$ |
1,188,667 |
|
|
$ |
5,373,076 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods transferred at a point in time |
|
$ |
3,311,515 |
|
|
$ |
93,505 |
|
|
$ |
3,405,020 |
|
Services transferred over time |
|
|
872,894 |
|
|
|
1,095,162 |
|
|
|
1,968,056 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
4,184,409 |
|
|
$ |
1,188,667 |
|
|
$ |
5,373,076 |
|
|
|
For the Three Months Ended April 30, 2020 |
|
|
|
Marine |
|
|
Marine |
|
|
|
|
|
|
Technology |
|
|
Engineering |
|
|
Grand |
|
|
|
Business |
|
|
Business |
|
|
Total |
|
Disaggregation of Total Net Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Primary Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
$ |
513,638 |
|
|
$ |
1,010,109 |
|
|
$ |
1,523,747 |
|
Europe |
|
|
519,990 |
|
|
|
587,910 |
|
|
|
1,107,900 |
|
Australia/Asia |
|
|
620,386 |
|
|
|
- |
|
|
|
620,386 |
|
Middle East/Africa |
|
|
37,185 |
|
|
|
- |
|
|
|
37,185 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
1,691,199 |
|
|
$ |
1,598,019 |
|
|
$ |
3,289,218 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major Goods/Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
Equipment Sales |
|
|
513,638 |
|
|
$ |
- |
|
|
$ |
513,638 |
|
Equipment Rentals |
|
|
519,990 |
|
|
|
- |
|
|
|
519,990 |
|
Software Sales |
|
|
620,386 |
|
|
|
- |
|
|
|
620,386 |
|
Engineering Parts |
|
|
37,185 |
|
|
|
1,435,134 |
|
|
|
1,472,319 |
|
Services |
|
|
- |
|
|
|
162,885 |
|
|
|
162,885 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
1,691,199 |
|
|
$ |
1,598,019 |
|
|
$ |
3,289,218 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods transferred at a point in time |
|
$ |
377,411 |
|
|
$ |
- |
|
|
$ |
377,411 |
|
Services transferred over time |
|
|
1,313,788 |
|
|
|
1,598,019 |
|
|
|
2,911,807 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
1,691,199 |
|
|
$ |
1,598,019 |
|
|
$ |
3,289,218 |
|
|
|
For the Six Months Ended April 30, 2021 |
|
|
|
Marine |
|
|
Marine |
|
|
|
|
|
|
Technology |
|
|
Engineering |
|
|
Grand |
|
|
|
Business |
|
|
Business |
|
|
Total |
|
Disaggregation of Total Net Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Primary Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
$ |
1,463,807 |
|
|
$ |
1,113,904 |
|
|
$ |
2,577,711 |
|
Europe |
|
|
2,790,755 |
|
|
|
1,376,943 |
|
|
|
4,167,698 |
|
Australia/Asia |
|
|
3,495,233 |
|
|
|
- |
|
|
|
3,495,233 |
|
Middle East/Africa |
|
|
182,893 |
|
|
|
- |
|
|
|
182,893 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
7,932,688 |
|
|
$ |
2,490,847 |
|
|
$ |
10,423,535 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major Goods/Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
Equipment Sales |
|
$ |
5,883,949 |
|
|
$ |
314,462 |
|
|
$ |
6,198,411 |
|
Equipment Rentals |
|
|
932,553 |
|
|
|
- |
|
|
|
932,553 |
|
Software Sales |
|
|
446,275 |
|
|
|
- |
|
|
|
446,275 |
|
Engineering Parts |
|
|
213,956 |
|
|
|
1,634,716 |
|
|
|
1,848,672 |
|
Services |
|
|
455,955 |
|
|
|
541,668 |
|
|
|
997,623 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
7,932,688 |
|
|
$ |
2,490,847 |
|
|
$ |
10,423,535 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods transferred at a point in time |
|
$ |
6,367,552 |
|
|
$ |
314,462 |
|
|
$ |
6,682,014 |
|
Services transferred over time |
|
|
1,565,136 |
|
|
|
2,176,385 |
|
|
|
3,741,521 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
7,932,688 |
|
|
$ |
2,490,847 |
|
|
$ |
10,423,535 |
|
|
|
For the Six Months Ended April 30, 2020 |
|
|
|
Marine |
|
|
Marine |
|
|
|
|
|
|
Technology |
|
|
Engineering |
|
|
Grand |
|
|
|
Business |
|
|
Business |
|
|
Total |
|
Disaggregation of Total Net Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Primary Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
$ |
1,054,970 |
|
|
$ |
3,146,013 |
|
|
$ |
4,200,983 |
|
Europe |
|
|
1,139,007 |
|
|
|
1,500,173 |
|
|
|
2,639,180 |
|
Australia/Asia |
|
|
3,041,746 |
|
|
|
- |
|
|
|
3,041,746 |
|
Middle East/Africa |
|
|
88,288 |
|
|
|
- |
|
|
|
88,288 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
5,324,011 |
|
|
$ |
4,646,186 |
|
|
$ |
9,970,197 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major Goods/Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
Equipment Sales |
|
$ |
3,205,777 |
|
|
$ |
- |
|
|
$ |
3,205,777 |
|
Equipment Rentals |
|
|
828,564 |
|
|
|
- |
|
|
|
828,564 |
|
Software Sales |
|
|
245,521 |
|
|
|
- |
|
|
|
245,521 |
|
Engineering Parts |
|
|
- |
|
|
|
3,988,363 |
|
|
|
3,988,363 |
|
Services |
|
|
1,044,149 |
|
|
|
657,823 |
|
|
|
1,701,972 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
5,324,011 |
|
|
$ |
4,646,186 |
|
|
$ |
9,970,197 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods transferred at a point in time |
|
$ |
3,319,289 |
|
|
$ |
- |
|
|
$ |
3,319,289 |
|
Services transferred over time |
|
|
2,004,722 |
|
|
|
4,646,186 |
|
|
|
6,650,908 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
|
$ |
5,324,011 |
|
|
$ |
4,646,186 |
|
|
$ |
9,970,197 |
|
|