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REVENUE RECOGNITION
3 Months Ended
Jan. 31, 2021
REVENUE RECOGNITION  
NOTE 3 - REVENUE RECOGNITION

As part of the revenue recognition reporting, the Company reports revenue by product line and geographic area. During the three month periods ended January 31, 2020 and 2021 the revenue by product line is as follows:

 

Category

 

Percentage

 

 

2020

 

 

Percentage

 

 

2021

 

Product sales

 

 

71

%

 

 

297,536

 

 

 

71

%

 

 

310,408

 

Support

 

 

27

%

 

 

114,559

 

 

 

28

%

 

 

124,633

 

Cloud & Other

 

 

2

%

 

 

7,387

 

 

 

1

%

 

 

3,025

 

Total

 

 

100

%

 

 

419,482

 

 

 

100

%

 

 

438,066

 

 

The Company sells its products on a worldwide basis. During the three month periods ended January 31, 2020 and 2021 the Company’s geographic concentration of revenue is as follows: 

 

Area

 

Percentage

 

 

2020

 

 

Percentage

 

 

2021

 

North America

 

 

31

%

 

 

130,746

 

 

 

29

%

 

 

127,771

 

Europe

 

 

24

%

 

 

101,400

 

 

 

44

%

 

 

191,604

 

Asia

 

 

21

%

 

 

87,759

 

 

 

10

%

 

 

44,242

 

Middle East-Africa

 

 

14

%

 

 

60,619

 

 

 

13

%

 

 

55,277

 

South America

 

 

9

%

 

 

38,958

 

 

 

4

%

 

 

19,172

 

Total

 

 

100

%

 

 

419,482

 

 

 

100

%

 

 

438,066