MyMD Pharmaceuticals, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

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

Significant Accounting Policies (Details Narrative)

v3.7.0.1

Significant Accounting Policies (Details Narrative)			12 Months Ended
Significant Accounting Policies (Details Narrative)	Apr. 08, 2015 USD ($)	Mar. 09, 2015 USD ($)	Dec. 31, 2016 USD ($) Breathlyzers	Dec. 31, 2015 USD ($)
Allowance for doubtful accounts receivable			$ 1,010,196	$ 864,000
Allowances charged for doubtful accounts			$ 146,196	864,000
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%
Deferred revenue			$ 41,120	233,542
Accrued rebates			471,949	438,360
Shipping, handling and transportation costs			54,928	56,537
Cost of net revenue			$ 138,662	115,423
Trade Receivable [Member]
Concentration risk percentage			75.00%
Concentration risk, number of customer \| Breathlyzers			3
Percentage of customer accounted for trade receivables			30.00%
Fulton Bank of New Jersey [Member]
Cash			$ 67,865	369,525
Bank of America [Member]
Cash			795	28,494
PayPal [Member]
Cash			$ 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
Maximum [Member] \| Patents [Member]
Finite-lived intangible asset, useful life			17 years

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