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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Schedule of Disaggregated Revenue

For the six months ended June 30, 2020 and 2019, the Company had the following disaggregated revenue :

		Six Months Ended June 30,
		2020				%				2019				%
Product revenues by Brand for Conversion Labs PR:
Shapiro MD		$	8,156,378				61	%		$	4,413,157				82	%
Rex MD			2,515,560				19	%			-				-
iNR Wellness			119,254				1	%			233,594				4	%
Purpurex			30,317				0	%			10,232				0	%
Scarology			4,105				0	%			18,726				0	%
Innate			0				0	%			4,081				0	%
Total product revenue for Conversion Labs PR		$	10,825,614				81	%		$	4,679,790				86	%
Software revenue for LegalSimpli			2,568,981				19	%			717,607				14	%
Total net revenue		$	13,394,595				100	%		$	5,397,397				100	%

Summary of Inventory

As of June 30, 2020 and December 31, 2019, the Company’s inventory consisted of the following:

		June 30, 2020				December 31, 2019
Raw materials and packaging components		$	291,033			$	37,542
Finished products			517,813				912,517
Total net inventory		$	808,846			$	950,059

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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