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Segment Reporting | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Segment Reporting | NOTE 11 – SEGMENT REPORTING The Company classifies its business interests into reportable segments which are Trxade, Inc., Community Specialty Pharmacy, LLC, and Other. Operating segments are defined as the components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessi ng performance. Our chief operating decision makers direct the allocation of resources to operating segments based on the profitability, cash flows, and growth opportunities of each respective segment.
Year Ended December 31, 2018 |  | Trxade, Inc. |  |  | Community Specialty Pharmacy, LLC |  |  | Other |
Revenue |  | $ | 3,407,822 |  |  | $ | 395,418 |  |  | $ | 28,538 |
Gross Profit |  | $ | 3,407,822 |  |  | $ | (34,971 | ) |  | $ | 9,878 |
Segment Assets |  | $ | 822,412 |  |  | $ | 112,123 |  |  | $ | 1,293,052 |
Segment Profit/Loss |  | $ | 1,371,615 |  |  | $ | (116,588 | ) |  | $ | (1,245,989 | )
The Company had no reportable segments in 2017. See Note 12.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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