CONCENTRATIONS |
6 Months Ended |
|---|---|
Apr. 30, 2026 | |
| Risks and Uncertainties [Abstract] | |
| CONCENTRATIONS | Note 10– CONCENTRATIONS
Significant Customers
During the three months ended April 30, 2026, the Company had no customers from whom it generated sales greater than 10% of net revenues.
During the three months ended April 30, 2025, the Company had three customers from whom it generated sales greater than 10% of net revenues. Revenue from these customers was $3,100,347, or 44.2% of our net consolidated revenues during the three months ended April 30, 2025. Receivables from these customers were $954,526, or 20.2% of net receivables as of April 30, 2025.
During the six months ended April 30, 2026, the Company had one customer from whom it generated sales greater than 10% of net consolidated revenues. Revenue from this customer was $1,385,987, or 10.2% of net consolidated revenues during the six months ended April 30, 2026. Receivables from this customer were $110,925 or 2.2% of net receivables as of April 30, 2026.
During the six months ended April 30, 2025, the Company had three customers from whom it generated sales greater than 10% of net consolidated revenues. Revenue from these customers was $4,178,358, or 34.2% of net consolidated revenues during the six months ended April 30, 2025. Receivables from these customers were $1,262,752 or 26.8% of net receivables as of April 30, 2025.
CODA OCTOPUS GROUP, INC. Notes to the Unaudited Consolidated Financial Statements April 30, 2026 and October 31, 2025
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