Quarterly report pursuant to Section 13 or 15(d)

DISAGGREGATION OF REVENUE

v3.22.0.1
DISAGGREGATION OF REVENUE
 3 Months Ended
Jan. 31, 2022
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 15 –DISAGGREGATION OF REVENUE

 

    For the Three Months Ended January 31, 2022  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
Revenues                        
Primary Geographical Markets                        
Americas   $ 2,057,668     $ 1,204,282     $ 3,261,950  
Europe     491,016       810,178       1,301,194  
Australia/Asia     815,084       -       815,084  
Middle East/Africa     459,980       -       459,980  
                         
Total Revenues   $ 3,823,748     $ 2,014,460     $ 5,838,208  
                         
                         
Major Goods/Service Lines                        
Equipment Sales   $ 1,958,845     $ 436,864     $ 2,395,709  
Equipment Rentals     630,468       -       630,468  
Software Sales     304,796       -       304,796  
Engineering Parts     -       1,300,618       1,300,618  
Services     929,639       276,978       1,206,617  
                         
Total Revenues   $ 3,823,748     $ 2,014,460     $ 5,838,208  
                         
                         
Goods transferred at a point in time   $ 2,263,641     $ 436,866     $ 2,724,343  
Services transferred over time     1,560,107       1,577,594       3,113,865  
                         
Total Revenues   $ 3,823,748     $ 2,014,460     $ 5,838,208  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2022 and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

    For the Three Months Ended January 31, 2021  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
Revenues                        
Primary Geographical Markets                        
Americas   $ 549,278     $ 516,441     $ 1,065,719  
Europe     1,125,112       785,739       1,910,851  
Australia/Asia     2,008,210       -       2,008,210  
Middle East/Africa     65,679       -       65,679  
                         
Total Revenues   $ 3,748,279     $ 1,302,180     $ 5,050,459  
                         
                         
Major Goods/Service Lines                        
Equipment Sales   $ 2,793,487     $ 220,957     $ 3,014,444  
Equipment Rentals     334,363       -       334,363  
Software Sales     225,222       -       225,222  
Engineering Parts     -       856,347       856,347  
Services     395,207       224,876       620,083  
                         
Total Revenues   $ 3,748,279     $ 1,302,180     $ 5,050,459  
                         
                         
Goods transferred at a point in time   $ 3,056,037     $ 220,957     $ 3,276,994  
Services transferred over time     692,242       1,081,223       1,773,465  
                         
Total Revenues   $ 3,748,279     $ 1,302,180     $ 5,050,459  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

January 31, 2022 and October 31, 2021