XML 68 R54.htm IDEA: XBRL DOCUMENT v3.22.1
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended
Dec. 31, 2021
Jul. 22, 2021
Jul. 14, 2021
Jan. 21, 2021
Dec. 30, 2020
Dec. 08, 2020
Jan. 10, 2020
Jan. 06, 2020
Jan. 02, 2020
Jan. 05, 2019
May 01, 2020
Dec. 31, 2021
Dec. 31, 2020
Stockholders' Equity, Reverse Stock Split       The letter demands that the Company (i) deem ineffective the December 30, 2020 amendment to the Company’s Amended and Restated Certificate of Incorporation in which the Company effected a one-for-four reverse stock split of its common stock due to the manner in which non-votes by brokers were tabulated, (ii) seek appropriate relief for damages allegedly suffered by the company and its stockholders or seek a valid stockholder approval of the amendment and reverse stock split, and (iii) adopt adequate internal controls to prevent a recurrence of the alleged misconduct. The Company disputes that the amendment was ineffective or that there were any inadequate internal controls related to the same. However, to eliminate any questions about the amendment, the Company ratified the amendment at a special stockholders’ meeting pursuant to Section 204 of the Delaware General Corporation Law                  
[custom:PaymentForStockholderChanges]   $ 60,000 $ 30,000 $ 65,000                  
License agreement description                       Jay Pharma, Tikkun Olam LLC (“TO LLC”) and Tikkun Olam Hemp LLC (“TOH”) entered into a license agreement dated on January 10, 2020, pursuant to which Jay Pharma would acquire certain in-licensed and owned intellectual property rights related to the cannabis products in the United States (presently excluding the state of New York) from TO LLC and TOH, each of which is an affiliate of TO Holdings, in exchange for royalty payments of (i) four percent (4.0%) of net sales of OTC cancer products made via consumer channels; (ii) five percent (5.0%) of net sales of beauty products made via consumer channels; and (iii) three percent (3.0%) of net sales of OTC cancer products made via professional channels, along with a minimum net royalty payment starting in January 1, 2022 and progressively increasing up to a cap of $400,000 maximum each year for the first 10 years, then $600,000 maximum each year for the next 5 years, and an annual maximum cap of $750,000 each year thereafter during the term of the agreement  
Rent expenses                       $ 30,586 $ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross                       124,100 378,800
Consultant [Member]                          
Stock Issued During Period, Shares, New Issues 14,121                        
Mr David Stefansky [Member]                          
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold                 $ 15,000        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross                 650,000        
Mr Henoch Cohn [Member]                          
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold                     $ 10,000    
Series B Preferred Stock [Member]                          
Stock issued for reverse stock split         1,719,906                
Stock Issued During Period, Shares, New Issues           221,225              
Common Stock [Member]                          
Stock Issued During Period, Shares, Acquisitions                         571,987
Stock Issued During Period, Shares, New Issues                         433,047
Tikkun pharma Inc [Member]                          
Stock Issued During Period, Shares, Acquisitions         10,360,007                
Tikkun pharma Inc [Member] | Common Stock [Member]                          
Stock Issued During Period, Shares, Acquisitions         571,987                
Top And Tikkun [Member]                          
Assignment and assumption agreements description.             TOP and Tikkun regarding all of Tikkun’s (i) in-licensed rights and obligations to commercialize pharmaceutical products related to GVHD under the relevant Sublicense in the U.S. and (ii) certain skincare business and all of Tikkun’s rights related thereto as of the January 10, 2020 effective date. Jay Pharma agreed to issue 8,288,006 common shares of Jay Pharma to Tikkun in exchange for these rights            
TOCI And Tikkun [Member]                          
Assignment and assumption agreements description.             TOCI and Tikkun regarding all of Tikkun’s in-licensed rights and obligations to commercialize pharmaceutical products related to GVHD under the relevant sublicense anywhere in the world outside the U.S. Jay Pharma agreed to issue 2,072,001 common shares of Jay Pharma to Tikkun in exchange for these rights            
Vogal Nathan Purchase Agreement [Member]                          
Royalties percentage                       2.00%  
Payments for Royalties                       $ 20,000,000  
Vogal Nathan Purchase Agreement [Member] | One Time Milestone [Member]                          
Long-term Purchase Commitment, Amount                       200,000  
Vogal Nathan Purchase Agreement [Member] | Additional Milestone [Member]                          
Long-term Purchase Commitment, Amount                       $ 300,000  
Business Advisor Services Agreement [Member] | Consultant [Member]                          
Professional Fees               $ 12,500   $ 15,000      
Stock Issued During Period, Shares, New Issues               127,856          
Business Advisor Services Agreement [Member] | Consultant [Member] | Cash [Member]                          
Professional Fees                   7,500      
Business Advisor Services Agreement [Member] | Common Stock [Member] | Consultant [Member]                          
Professional Fees                   $ 7,500