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		6 Months Ended
	Apr. 08, 2015 USD ($)	Mar. 09, 2015 USD ($)	Jun. 30, 2016 USD ($) shares	Jun. 30, 2015 USD ($) shares	Jun. 30, 2016 USD ($) Breathlyzers shares	Jun. 30, 2015 USD ($) 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			$ 115,685	$ 291,868	$ 215,653	291,868
Shipping, handling and transportation costs			14,387	13,836	30,432	32,778
Cost of net revenue			47,018	22,716	68,732	67,406
Net Loss Attributable to Common Stockholders			1,008,932	$ 2,086,229	2,517,861	$ 3,408,028
Accrued rebates			$ 204,637		$ 204,637		223,542
Options [Member]
Anti-dilutive securities excluded from computation of earnings per share \| shares			220,500	175,000	18,333	175,000
Trade Receivable [Member]
Concentration risk percentage					82.00%
Concentration risk, number of customer \| Breathlyzers					3
Percentage of customer accounted for trade receivables					31.00%
Fulton Bank of New Jersey [Member]
Cash			$ 360,856		$ 360,856		369,525
Bank of America [Member]
Cash			14,635		14,635		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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