v3.22.4
DISAGGREGATION OF REVENUE (Tables)
 12 Months Ended
Oct. 31, 2022
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATE OF REVENUE FROM CONTRACTS FOR SALE WITH CUSTOMERS BY GEOGRAPHIC LOCATION

  

   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