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Business Combination | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Business Combination | NOTE 3 - BUSINESS COMBINATION On January 2, 2019, the Company acquired Sparkle Insurance Brokers Limited (“Sparkle”) (renamed to Greenpro Sparkle Brokers Limited) for total consideration of $170,322, made up of $129,032 in cash and the issuance of 8,602 shares of the Company’s common stock valued at $41,290. The shares were valued based on the acquisition date closing price of the Company’s common stock of $4.80 per share. The Company acquired Sparkle to expand its long term and general insurance services. The Company accounted for the transaction as a business combination in accordance ASC 805 “Business Combinations”. The Company performed an allocation of the purchase price paid for the assets acquired and the liabilities assumed with the assistance of an independent valuation firm. Fair value of assets acquired:
Cash and cash equivalents |  | $ | 68,845 |
Accounts receivable, net |  |  | 5,185 |
Prepaids and other current assets |  |  | 3,703 |
Insurance agency license |  |  | 129,032 |
Total |  |  | 206,765 |
Fair value of current liabilities |  |  | (36,443 | )
Purchase price |  | $ | 170,322 |
The following unaudited pro forma information presents the combined results of operations as if the acquisition of Sparkle had been completed on January 1, 2018. These unaudited pro forma results are presented for informational purpose only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition had occurred at the beginning of the period presented, nor are they indicative of future results of operations:
|  | For the year ended December 31, 2019 |  |  | For the year ended December 31, 2018 |
|  | (unaudited) |  |  | (unaudited) |
Revenue |  | $ | 4,484,822 |  |  | $ | 4,364,937 |
Loss from operations |  | $ | (1,591,085 | ) |  | $ | (4,281,705 | )
Net loss |  | $ | (1,349,478 | ) |  | $ | (8,387,869 | )
Net loss per share-basic and diluted |  | $ | (0.02 | ) |  | $ | (0.16 | )

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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- References No definition available. + Details
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