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Segment Reporting
 6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2018
Segment Reporting [Abstract]    
Segment Reporting

NOTE 8 – SEGMENT REPORTING

 

The Company classifies its business interests into reportable segments which are Trxade, Community and Other.

 

Six Months Ended June 30, 2019  Trxade, Inc.   Community Specialty Pharmacy, LLC   Other   Total 
Revenue  $2,182,668   $892,357   $353,910   $3,428,935 
Segment Assets  $1,401,724   $224,863   $2,051,478   $3,678,065 
Segment Profit/Loss  $1,166,543   $(61,628)  $(921,705)  $183,210 

 

The Company had no reportable segments for the six months ended June 30, 2018. See NOTE 9 – BUSINESS COMBINATION

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 assessing 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.