REVENUE RECOGNITION

9 Months Ended

Jul. 31, 2024

REVENUE RECOGNITION

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-month periods ended July 31, 2024 and 2023, the revenue by product line is as follows:

Category	Percentage			2024		Percentage			2023
Product sales		66	%	$	1,246,252		71	%	$	1,246,595
Support		30	%		575,346		26	%		449,185
Cloud & Other		4	%		77,103		3	%		51,843
Total		100	%	$	1,898,701		100	%	$	1,747,623

The Company sells its products on a worldwide basis. During the nine months periods ended July 31, 2024 and 2023, the Company’s geographic concentration of revenue is as follows: 

Area	Percentage			2024		Percentage			2023
Europe		45	%	$	850,146		34	%	$	603,926
North America		40	%		764,641		37	%		642,158
Asia Pacific		8	%		153,853		17	%		292,632
Middle East-Africa/Other		6	%		107,011		10	%		175,670
South America		1	%		23,050		2	%		33,237
Total		100	%	$	1,898,701		100	%	$	1,747,623