XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.2
REVENUE RECOGNITION
9 Months Ended
Jul. 31, 2021
REVENUE RECOGNITION  
NOTE 3 - 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 nine months period ended July 31, 2021 and 2020, the revenue by product line is as follows:

 

Category

 

Percentage

 

 

2021

 

 

Percentage

 

 

2020

 

Product sales

 

 

71%

 

 

977,945

 

 

 

69%

 

 

797,967

 

Support

 

 

28%

 

 

383,164

 

 

 

30%

 

 

346,505

 

Cloud & Other

 

 

1%

 

 

22,305

 

 

 

1%

 

 

10,971

 

Total

 

 

100%

 

 

1,383,414

 

 

 

100%

 

 

1,155,443

 

The Company sells its products on a worldwide basis. During the nine months period ended July 31, 2021 and 2020 the Company’s geographic concentration of revenue is as follows:

 

Area

 

Percentage

 

 

2021

 

 

Percentage

 

 

2020

 

North America

 

 

36%

 

 

494,135

 

 

 

46%

 

 

417,279

 

Europe

 

 

40%

 

 

546,650

 

 

 

35%

 

 

398,546

 

Asia Pacific

 

 

13%

 

 

174,041

 

 

 

13%

 

 

152,730

 

South America

 

 

1%

 

 

32,869

 

 

 

4%

 

 

50,188

 

Middle East-Africa/Other

 

 

10%

 

 

135,718

 

 

 

12%

 

 

136,700

 

Total

 

 

100%

 

 

1,383,414

 

 

 

100%

 

 

1,155,443