$CODA
Coda Octopus Group, Inc. Stock $coda

$coda Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000149315224010216 Filed on March 18, 2024

Income Statement

Concept	2024 Q1	2023 Q1
Revenue	$4.461M	$5.596M
YoY Change	-20.28%	-4.14%
Cost Of Revenue	$1.374M	$1.843M
YoY Change	-25.43%	9.83%
Gross Profit	$3.087M	$3.753M
YoY Change	-17.75%	-9.78%
Gross Profit Margin	69.19%	67.06%
Selling, General & Admin	$2.045M	$1.962M
YoY Change	4.23%	-7.04%
% of Gross Profit	66.26%	52.29%
Research & Development	$486.0K	$444.5K
YoY Change	9.34%	-33.95%
% of Gross Profit	15.74%	11.84%
Depreciation & Amortization	$190.5K	$164.0K
YoY Change	16.18%	1.57%
% of Gross Profit	6.17%	4.37%
Operating Expenses	$2.531M	$2.407M
YoY Change	5.17%	-13.55%
Operating Profit	$555.4K	$1.346M
YoY Change	-58.74%	-2.17%
Interest Expense	$192.5K	$0.00
YoY Change		-100.0%
% of Operating Profit	34.67%	0.0%
Other Income/Expense, Net	$35.02K	$15.77K
YoY Change	122.14%	-80.29%
Pretax Income	$782.9K	$1.362M
YoY Change	-42.51%	-5.73%
Income Tax	$153.1K	-$36.00K
% Of Pretax Income	19.55%	-2.64%
Net Earnings	$629.9K	$1.398M
YoY Change	-54.94%	14.84%
Net Earnings / Revenue	14.12%	24.98%
Basic Earnings Per Share	$0.06	$0.13
Diluted Earnings Per Share	$0.06	$0.12
COMMON SHARES
Basic Shares Outstanding	11.16M shares	10.94M shares
Diluted Shares Outstanding	11.26M shares	11.38M shares

Balance Sheet

Concept	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$25.00M	$24.52M
YoY Change	1.96%	18.4%
Cash & Equivalents	$25.00M	$24.52M
Short-Term Investments
Other Short-Term Assets	$405.7K	$431.8K
YoY Change	-6.06%	24.72%
Inventory	$12.77M	$11.18M
Prepaid Expenses	$392.6K	$381.0K
Receivables	$3.794M	$3.143M
Other Receivables	$800.5K	$267.6K
Total Short-Term Assets	$42.77M	$40.31M
YoY Change	6.12%	15.91%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.340M	$6.072M
YoY Change	4.42%	-9.97%
Goodwill	$3.382M
YoY Change
Intangibles	$496.2K
YoY Change
Long-Term Investments
YoY Change
Other Assets	$21.58K	$295.8K
YoY Change	-92.71%	241.44%
Total Long-Term Assets	$10.24M	$10.20M
YoY Change	0.41%	-4.02%
TOTAL ASSETS
Total Short-Term Assets	$42.77M	$40.31M
Total Long-Term Assets	$10.24M	$10.20M
Total Assets	$53.01M	$50.50M
YoY Change	4.97%	11.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.110M	$1.415M
YoY Change	-21.51%	342.61%
Accrued Expenses	$856.0K	$1.612M
YoY Change	-46.91%	100.13%
Deferred Revenue	$786.5K	$805.0K
YoY Change	-2.31%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.753M	$3.832M
YoY Change	-28.16%	58.77%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$110.5K	$101.8K
YoY Change	8.57%	-33.54%
Total Long-Term Liabilities	$110.5K	$101.8K
YoY Change	8.57%	-33.54%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.753M	$3.832M
Total Long-Term Liabilities	$110.5K	$101.8K
Total Liabilities	$2.863M	$3.934M
YoY Change	-27.21%	53.26%
SHAREHOLDERS EQUITY
Retained Earnings	-$10.42M	-$12.78M
YoY Change	-18.44%
Common Stock	$11.17K	$10.94K
YoY Change	2.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$61.93K	$28.34K
YoY Change	118.56%
Treasury Stock Shares
Shareholders Equity	$50.15M	$46.57M
YoY Change
Total Liabilities & Shareholders Equity	$53.01M	$50.50M
YoY Change	4.97%	11.24%

Cashflow Statement

Concept	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	$629.9K	$1.398M
YoY Change	-54.94%	14.84%
Depreciation, Depletion And Amortization	$190.5K	$164.0K
YoY Change	16.18%	1.57%
Cash From Operating Activities	-$298.0K	$984.9K
YoY Change	-130.25%	-71.55%
INVESTING ACTIVITIES
Capital Expenditures	$162.5K	$84.42K
YoY Change	92.46%	-108.43%
Acquisitions
YoY Change
Other Investing Activities	$771.8K
YoY Change
Cash From Investing Activities	$609.3K	-$105.9K
YoY Change	-675.34%	-89.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-15.63K
YoY Change
NET CHANGE
Cash From Operating Activities	-298.0K	$984.9K
Cash From Investing Activities	609.3K	-$105.9K
Cash From Financing Activities	-15.63K
Net Change In Cash	295.7K	$1.595M
YoY Change	-81.46%	-33.43%
FREE CASH FLOW
Cash From Operating Activities	-$298.0K	$984.9K
Capital Expenditures	$162.5K	$84.42K
Free Cash Flow	-$460.4K	$900.5K
YoY Change	-151.13%	-79.83%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--10-31
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001334325
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised		usd
CY2023Q1	CODA	Gainloss On Sale Of Asset GainlossOnSaleOfAsset		usd
CY2023Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets		usd
CY2023Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts		usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2023Q1	us-gaap	Investment Income Net InvestmentIncomeNet		usd
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-01-31
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	001-38154
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	CODA OCTOPUS GROUP, INC.
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	34-2008348
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	3300 S Hiawassee Rd
CY2024Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 104-105
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Orlando
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	32835
CY2024Q1	dei	City Area Code CityAreaCode	(863)
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	937 8985
CY2024Q1	dei	Security12b Title Security12bTitle	Common Stock
CY2024Q1	dei	Trading Symbol TradingSymbol	CODA
CY2024Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	11172683	shares
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	25003984	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24448841	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3030988	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2643461	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	12768672	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	11685525	usd
CY2024Q1	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	763123	usd
CY2023Q4	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	894251	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	392591	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	181383	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	813586	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	1034626	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	42772944	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	40888087	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6340113	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6873320	usd
CY2024Q1	us-gaap	Goodwill Goodwill	3382108	usd
CY2023Q4	us-gaap	Goodwill Goodwill	3382108	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	496195	usd
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CY2024Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	21582	usd
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CY2023Q4	us-gaap	Assets Assets	51841516	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1110284	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1308201	usd
CY2024Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	855977	usd
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CY2024Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	786466	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	975537	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2752727	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3279368	usd
CY2024Q1	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	110538	usd
CY2023Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	133382	usd
CY2024Q1	us-gaap	Liabilities Liabilities	2863265	usd
CY2023Q4	us-gaap	Liabilities Liabilities	3412750	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
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CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
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CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11117695	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	11165	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	11118	usd
CY2024Q1	us-gaap	Treasury Stock Value TreasuryStockValue	61933	usd
CY2023Q4	us-gaap	Treasury Stock Value TreasuryStockValue	46300	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	63036013	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	62958984	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2412969	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3442549	usd
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CY2024Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	207389	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	128140	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	135850	usd
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CY2024Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-232146	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-154519	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-297959	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	984886	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	135651	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	84422	usd
CY2024Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	26825	usd
CY2023Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	21485	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	771807	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	609331	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-105907	usd
CY2024Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	15633	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-15633	usd
CY2024Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	259404	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	716033	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	555143	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1595012	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	24448841	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	22927371	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	25003984	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	24522383	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	74118	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	293184	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	505376	usd
CY2024Q1	CODA	Interest Bearing Deposits Current Rate InterestBearingDepositsCurrentRate	0.050	pure
CY2024Q1	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	9676735	usd
CY2023Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	8994482	usd
CY2024Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	629421	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	483227	usd
CY2024Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2462516	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2207816	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	12768672	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	11685525	usd
CY2024Q1	us-gaap	Deposits Assets Current DepositsAssetsCurrent	13070	usd
CY2023Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	23081	usd
CY2024Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	539950	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	450625	usd
CY2024Q1	CODA	Employee Retention Credit Receivables EmployeeRetentionCreditReceivables	212300	usd
CY2023Q4	CODA	Employee Retention Credit Receivables EmployeeRetentionCreditReceivables	212300	usd
CY2024Q1	us-gaap	Other Receivables OtherReceivables	48266	usd
CY2023Q4	us-gaap	Other Receivables OtherReceivables	348620	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	813586	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	1034626	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	11435442	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	11678346	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5095329	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	4805026	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6340113	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6873320	usd
CY2024Q1	us-gaap	Depreciation Depreciation	173292	usd
CY2023Q1	us-gaap	Depreciation Depreciation	148565	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6340113	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6873320	usd
CY2024Q1	us-gaap	Revenues Revenues	4461191	usd
CY2024Q1	us-gaap	Revenues Revenues	4461191	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	333570	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	384880	usd
CY2024Q1	CODA	Other Tax Payables Receivables OtherTaxPayablesReceivables	355945	usd
CY2023Q4	CODA	Other Tax Payables Receivables OtherTaxPayablesReceivables	525565	usd
CY2024Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	166462	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	85185	usd
CY2024Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	855977	usd
CY2023Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	995630	usd
CY2024Q1	us-gaap	Investment Income Net InvestmentIncomeNet	14714	usd
CY2024Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	20306	usd
CY2023Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2904	usd
CY2024Q1	us-gaap	Other Income OtherIncome	35020	usd
CY2023Q1	us-gaap	Other Income OtherIncome	2904	usd
CY2024Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	192540	usd
CY2023Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	12861	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	227560	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	15765	usd
CY2024Q1	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	763123	usd
CY2023Q4	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	894251	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	786466	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	975537	usd
CY2024Q1	us-gaap	Deferred Revenue DeferredRevenue	153610	usd
CY2023Q4	us-gaap	Deferred Revenue DeferredRevenue	148361	usd
CY2024Q1	us-gaap	Revenues Revenues	4461191	usd
CY2023Q1	us-gaap	Revenues Revenues	5596284	usd
CY2023Q1	us-gaap	Revenues Revenues	5596284	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	629888	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1397857	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11125061	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10946683	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	139417	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	432673	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11264478	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11379356	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	77076	usd
CY2023Q1	us-gaap	Revenues Revenues	5596284	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.195	pure
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.026	pure
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.250	pure
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	187071	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits EffectiveIncomeTaxRateReconciliationTaxCredits	0.000	pure
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.220	pure
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Gilti Amount EffectiveIncomeTaxRateReconciliationGiltiAmount	42500	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Buildings ProceedsFromSaleOfBuildings	5300000	dkk
CY2024Q1	us-gaap	Proceeds From Sale Of Buildings ProceedsFromSaleOfBuildings	771807	usd
CY2024Q1	CODA	Gainloss On Sale Of Asset GainlossOnSaleOfAsset	30244	usd

Files In Submission

Name	View Source	Status
0001493152-24-010216-index-headers.html	Edgar Link	pending
0001493152-24-010216-index.html	Edgar Link	pending
0001493152-24-010216.txt	Edgar Link	pending
0001493152-24-010216-xbrl.zip	Edgar Link	pending
coda-20240131.xsd	Edgar Link	pending
ex31.htm	Edgar Link	pending
ex32.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
coda-20240131_cal.xml	Edgar Link	unprocessable
coda-20240131_def.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
coda-20240131_pre.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
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R42.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
coda-20240131_lab.xml	Edgar Link	unprocessable

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$CODA
Coda Octopus Group, Inc. Stock $coda

2024 Q1 Form 10-Q Financial Statement

#000149315224010216 Filed on March 18, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CODA Coda Octopus Group, Inc. Stock $coda

2024 Q1 Form 10-Q Financial Statement

#000149315224010216 Filed on March 18, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CODA
Coda Octopus Group, Inc. Stock $coda