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Business Combination (Tables)

12 Months Ended

Dec. 31, 2018

Business Combinations [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

		Purchase Price Allocation
Purchase Price		$	770,291
Cash			(49,728	)
Accounts Receivable			(114,899	)
Inventory			(76,156	)
Prepaid			(3,000	)
Accounts Payable			199,312
Accrued Expenses			153
Goodwill		$	725,973

Schedule of Unaudited Pro Forma Statements of Operations

The accompanying unaudited pro forma combined statements of operations presents the accounts of Trxade and CSP for the years ended December 31, 2018 and 2017, respectively, assuming the acquisition occurred on January 1, 2017.

2018 Summary Statement of Operations		Trxade				CSP				Combined
Revenue		$	3,436,360			$	2,387,636			$	5,823,996
Net Income (Loss)		$	125,626			$	(6,723	)		$	118,903
Net Income per common share – basic		$	0.00							$	0.00
Net Income per common share - diluted		$	0.00							$	0.00
Weighted average common shares - basic			32,260,622								32,260,622
Weighted average common shares - diluted			34,958,502								34,958,502

2017 Summary Statement of Operations		Trxade				CSP				Combined
Revenue		$	2,931,280			$	2,633,914			$	5,565,194
Net Income (Loss)		$	288,983			$	(63,132	)		$	225,851
Net Income per common share – basic		$	0.01							$	0.01
Net Income per common share - diluted		$	0.01							$	0.01
Weighted average common shares - basic			31,955,416								31,955,416
Weighted average common shares - diluted			34,086,251								34,086,251

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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- References

No definition available.

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X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

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