MyMD Pharmaceuticals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation and Significant Accounting Policies (Polices)
Notes Tables
Notes Details

Basis of Presentation and Significant Accounting Policies (Details Narrative)

v3.5.0.2

Basis of Presentation and Significant Accounting Policies (Details Narrative)			3 Months Ended		9 Months Ended
	Apr. 08, 2015 USD ($)	Mar. 09, 2015 USD ($)	Sep. 30, 2016 USD ($) shares	Sep. 30, 2015 USD ($) shares	Sep. 30, 2016 USD ($) Breathlyzers shares	Sep. 30, 2015 USD ($) shares	Dec. 31, 2015 USD ($)
Allowance for doubtful accounts receivable			$ 1,010,196		$ 1,010,196		$ 864,000
Allowances charged for doubtful accounts
Concentration risk percentage					10.00%
Investment in Hainan Savy Akers Biosciences, Ltd. joint venture	$ 64,091	$ 64,675
Percentage of ownership in Hainan Savy Akers Biosciences, Ltd. joint venture			19.90%		19.90%
Deferred revenue			$ 84,128	70,282	$ 299,781	362,150
Shipping, handling and transportation costs			12,321	10,998	42,754	43,776
Cost of net revenue			19,418	15,590	88,427	82,996
Net Loss Attributable to Common Stockholders			$ (310,155)	$ 2,326,893	$ 2,207,707	$ 5,734,921
Anti-dilutive securities excluded from computation of earnings per share \| shares			175,000	175,000	175,000	175,000
Accrued rebates			$ 255,954		$ 255,954		223,542
Options [Member]
Anti-dilutive securities excluded from computation of earnings per share \| shares			203,000			56,000
Unvested restricted shares of common stock \| shares			18.333			18,333
Trade Receivable [Member]
Concentration risk percentage					80.00%
Concentration risk, number of customer \| Breathlyzers					3
Percentage of customer accounted for trade receivables					38.00%
Fulton Bank of New Jersey [Member]
Cash			$ 181,216		$ 181,216		369,525
Bank of America [Member]
Cash			10,604		10,604		28,494
PayPal [Member]
Cash			4,040		$ 4,040		$ 4,040
Minimum [Member]
Normal credit terms extended to customers					30 days
Maximum [Member]
Normal credit terms extended to customers					90 days
Cash, FDIC insured amount			$ 250,000		$ 250,000
Maximum [Member] \| Patents [Member]
Finite-lived intangible asset, useful life					17 years

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