v3.22.4
DISAGGREGATION OF REVENUE
 12 Months Ended
Oct. 31, 2022
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 14 - DISAGGREGATION OF REVENUE

  

   For the Year Ended October 31, 2022 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales            
Revenues            
Primary Geographical Markets               
Americas  $5,668,948   $4,566,349   $10,235,297 
Europe   1,559,778    2,900,906    4,460,684 
Australia/Asia   5,723,970    -    5,723,970 
Middle East/Africa   1,771,992    33,860    1,805,852 
                
Total Revenues  $14,724,688   $7,501,115   $22,225,803 
                
Major Goods/Service Lines               
Equipment Sales  $8,771,050   $1,544,002   $10,315,052 
Equipment Rentals   1,844,775    -    1,844,775 
Software Sales   1,014,867    -    1,014,867 
Engineering Parts   -    3,530,407    3,530,407 
Services   3,093,996    2,426,706    5,520,702 
                
Total Revenues  $14,724,688   $7,501,115   $22,225,803 
                
Goods transferred at a point in time  $9,785,917   $1,562,799   $11,348,716 
Services transferred over time   4,938,771    5,938,316    10,877,087 
                
Total Revenues  $14,724,688   $7,501,115   $22,225,803 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

October 31, 2022 and 2021

 

NOTE 14 - DISAGGREGATION OF REVENUE (Continued)

 

   For the Year Ended October 31, 2021 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales            
Revenues            
Primary Geographical Markets               
Americas  $3,434,552   $2,188,812   $5,623,364 
Europe   5,623,227    3,338,493    8,961,720 
Australia/Asia   5,867,710    -    5,867,710 
Middle East/Africa   878,733    -    878,733 
                
Total Revenues  $15,804,222   $5,527,305   $21,331,527 
                
Major Goods/Service Lines               
Equipment Sales  $10,914,124   $1,421,614   $12,335,738 
Equipment Rentals   2,324,773    -    2,324,773 
Software Sales   669,968    -    669,968 
Engineering Parts   -    3,239,866    3,239,866 
Services   1,895,357    865,825    2,761,182 
                
Total Revenues  $15,804,222   $5,527,305   $21,331,527 
                
Goods transferred at a point in time  $11,588,099   $1,421,614   $13,009,713 
Services transferred over time   4,216,123    4,105,691    8,321,814 
                
Total Revenues  $15,804,222   $5,527,305   $21,331,527 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

October 31, 2022 and 2021