BUSINESS SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2019
Business Segment Information  
BUSINESS SEGMENT INFORMATION

NOTE 11 – BUSINESS SEGMENT INFORMATION

 

As of June 30, 2019, the Company operated in three reportable segments (Corporate, CBD, Health Supplements) supported by a corporate group which conducts activities that are non-segment specific. The following table presents selected financial information about the Company’s reportable segments for the six months ended June 30, 2019.

 

   CONSOLIDATED  HEALTH SUPPLEMENTS  CBD  CORPORATE
Revenue   298,313    298,313    —      —   
Cost of Revenue   78,004    77,504    500    —   
Long-lived Assets   —      —      —      —   
Gain Before Income Tax   1,316,587    (244,157)   92,609    1,468,136 
Identifiable Assets   3,079,493    2,882,733    —      196,760 
Depreciation and Amortization   3,904    3,574    —      330 

 

The following table presents selected financial information about the Company’s reportable segments for the three months ended June 30, 2019.

 

   CONSOLIDATED  HEALTH SUPPLEMENTS  CBD  CORPORATE
Revenue   201,040    201,040    —      —   
Cost of Revenue   46,741    46,241    —      —   
Long-lived Assets   —      —      —      —   
Loss Before Income Tax   (278,392)   (130,614)   (162)   (147,615)
Identifiable Assets   3,079,493    2,882,733    —      196,760 
Depreciation and Amortization   2,290    2,191    —      99