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Stock-based Payments (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Options Activity

The following table summarizes the activities for MyMD stock options for the nine months ended September 30, 2022:

               Weighted     
               Average     
       Weighted   Weighted   Remaining     
   Number   Average   Average   Contractual   Aggregate 
   of   Exercise   Grant Date   Term   Intrinsic 
   Shares   Price   Fair Value   (years)   Value 
Balance at December 31, 2021   4,176,737   $2.59   $2.59    1.29   $14,493,284 
Granted   300,000    3.41    3.41    5.80   $31,000 
Exercised   -    -    -    -    - 
Forfeited   -    -    -    -    - 
Canceled/Expired   -    -    -    -    - 
Balance at September 30, 2022   4,476,737    2.64    2.64    0.89   $114,535 
Exercisable as of September 30, 2022   4,376,737    2.61    2.61    0.77   $114,535 
Summary of Restricted Stock Units Activity

The following is the status of outstanding restricted stock units outstanding as of September 30, 2022 and changes for the nine months ended September 30, 2022:

 

       Weighted 
       Average 
   Number of   Grant Date 
   RSUs   Fair Value 
Balance at December 31, 2021   2,795,000   $8.09 
Granted   54,207    3.06 
Exercised   -    - 
Forfeited   -    - 
Canceled/Expired   -    - 
Balance at September 30, 2022  $2,849,207   $7.99 
Exercisable as of September 30, 2022  $54,207   $3.06