Inventory |
12 Months Ended |
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Dec. 31, 2017 | |
| Inventory Disclosure [Abstract] | |
| Inventory |
Inventory
Inventory consists of finished goods acquired through the Purchase Agreement with TRx on November 17, 2017, and is stated at the lower of cost or net realizable value with cost determined on a first-in, first-out basis. As of December 31, 2017 the Company’s finished goods inventory totaled $382,153 which is net of reserves for excess and obsolete inventory totaling $178,346. During the year ended December 31, 2017, the Company recorded a related charge to cost of goods sold for obsolete inventory of $178,346. The Company did not record any reserves for excess and obsolete inventory during the year ended December 31, 2016.
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- References No definition available.
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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